Life Without Limbs

“Form 990 was prepared by an independent CPA firm. A copy of the 990 is reviewed in detail by the Treasurer and then provided to each board member for review prior to submission to the IRS.”

“The conflict of interest policy is reviewed annually by the Board. Once it is approved, it is distributed to each employee during either the employee's annual review and/or emailed to the employees. It is also distributed to the Board members to complete. Included with the distribution of the policy is a request to sign and return the completed form to the VP of Operations for review. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship”

“The President's compensation is determined and approved by the Board of Directors and the VP of Operations. Compensation for other officers is determined and approved by the President. The organization uses surveys from the Center for Nonprofit Management when determining compensation and benefits. The annual budget including wages and benefits is approved by the Board. This process is documented in the minutes.”

“Financial Statements are available on the ECFA website and upon request. The conflict of interest policy and governing documents are made available upon request only.”

“Website -Social Media: Program service expenses 28,466. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,466. Video Projects: Program service expenses 14,820. Management and general expenses 0. Fundraising expenses 3,253. Total expenses 18,073. Field Ops Consultant: Program service expenses 66,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 66,000. Prison Min Facilitator: Program service expenses 22,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,500. Other fees: Program service expenses 60,283. Management and general expenses 8,314. Fundraising expenses 26,774. Total expenses 95,371.”

“In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 12/31/2018. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $1,540,547 Line 29 - Net assets with donor restrictions 140,000 --------- Total net assets $1,680,547”

“The organization's audit committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”