Arrowhead Ranch Inc

“A copy of the form 990 was provided to the organization's governing body before it was signed and filed by the treasurer. There is a formal review of the audit report where by all board members are present. Financial information used in the preparation of the form 990 comes directly from the final audit report and its disclosures.”

“The board of directors and any key employees within the organization's manangement structure will not endeavor in any confliciting business practices that may pertain to any such individuals benefitting from such actions. Any such business agreements or contracts will be reviewed quarterly to assure that they fall within policy guidelines while safekeeping the organization's financial interests.”

“Board members meet annually to discuss goals and determine the desired compensation package for the cheif executive officer. The organization utilizes the salary and benefits guidelines set by national and local published compensation surveys to arrive at an appropriate salary and benefit plan for their employee. Compensation is documented in a memo from the board president. For all other covered individuals, the arrowhead ranch compensation committee (consisting of at least three selected managers and the chief executive officer) enters into a bargaining agreement with union representatives and approves a three year employee compensation and benefits package.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The finance committee recommends to the organzation's board of directors (bod) the independent accountants to be appointed as auditors and reviews and recommends approval of the audit to the bod. There have been no changes to the process for the committee that is responsible for oversight of the audit and selection of the independent accountants.”