Springboard Non-Profit Consumer Credit Management Inc.

“Prior to filing, springboard's form 990 is reviewed internally by the ceo, as well as by an independent certified public accounting firm. Once these reviews are complete, one of two procedures is followed: a. Copies of the form 990 are given to the board members for review prior to the annual meeting. At the annual meeting, form 990 is discussed and any questions or comments are addressed; or b. A copy of the form 990 is given to each board member with a notice that informs the board member they shall have a week to review the form 990 and to submit any questions or comments to the ceo. These questions or comments are then addressed and circulated to the board members, unless the board chair requests that a board meeting be convened at which any and all questions or comments can be addressed.”

“The compensation process for officers and key employees is periodically established by a board compensation committee. This committee takes into consideration a number of factors including: (1) an independent compensation study obtained by the company; (2) the 990s of other similar organizations; (3) internally completed compensation studies. Annual compensation and any merit increases justified by performance are recommended by the employee's direct supervisor; however, they are subject to final approval by the ceo, provided they are within the compensation ranges established by the committee.”

“The organization's governing documents, conflicts of interest policy, and financial statements are made available to the public by written request.”

“Each board member is required to complete a conflict form annually. The form contains the company's conflicts policy, as well as an area in which the board member discloses any and all organizations in which the member is a board member, committee member or an employee. Additionally, the member is required to certify that, except as described in the form, they are not and have not in the past year been: 1.) a participant, directly or indirectly, in any arrangement, agreement, investment, or other activity with any vendor, supplier, or other party doing business with springboard which has resulted or could result in personal benefit to them. 2.) a recipient, directly or indirectly, of any salary payments or loans or gifts of any kind or any free service or discounts or other fees from or on behalf of any person or organization engaged in any transaction with springboard. Key employees review the employee conflicts of interest policy annually and are required to annually certify that they have reported in writing any circumstance that, since their last execution of the policy, did or may have involved a conflict of interest in the conduct of springboard's business, or may have created the appearance of involving a conflict or impropriety. The key employee is also required to attach to the signed policy a copy of the writing disclosing the potential conflict.”

“Description:taxes & license total expenses:51730 program services:38583 management and general:13147”

“Description:clients' fund reimbursed total expenses:41 program services:41”

“Description:credit report costs total expenses:32368 program services:32368”

“Description:communication total expenses:445674 program services:400920 management and general:44754”

“Description:equipment costs total expenses:655291 program services:573706 management and general:81585”

“Description:postage total expenses:65110 program services:53757 management and general:11353”

“Description:subgrantee costs total expenses:121527 program services:121527”

“Description:transaction/processing total expenses:2301777 program services:2301777”

“Description:education materials total expenses:120172 program services:120172”

“Description:merchant fees total expenses:359345 program services:359345”

“Description:facilities costs total expenses:863178 program services:742664 management and general:120514”

“Description:document storage total expenses:1925 management and general:1925”

“Description:membership dues total expenses:593 program services:510 management and general:83”

“Description:program allocations total expenses:5908 program services:5908”

“Description:bad debt expense total expenses:24000 program services:24000”