Civic Intelligence

Daystar Inc

990 • Fiscal year 2015 • EIN 39-1546606

Jan 01, 2015 to Dec 31, 2015 • Filed on May 16, 2016

PO Box 2130Milwaukee, WI 53201-2130

(414) 385-0334

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

93rd percentile

0.86x

Higher debt load relative to assets than 93% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

96th percentile

1.31x

Higher debt load relative to revenue than 96% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

91st percentile

$46,250

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 20.6% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

91st percentile

101%

Faster asset growth than 91% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2015

Revenue Growth

48th percentile

-0.1%

Faster revenue growth than 48% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2015

Assets

Up

$339,641

Up $255,485 (+304%) from 2013

Net Assets

Down

$46,952

Down $24,142 (-34%) from 2013

Liabilities

Up

$292,689

Up $279,627 (+2141%) from 2013

Revenue

Down

$224,192

Down $408 (-0.2%) from 2013

Expenses

Up

$256,579

Up $12,025 (+4.9%) from 2013

Net Income

Down

-$32,387

Down $12,433 (-62%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$400K$300K$200K$100K$0Assets 2011: $135,173Liabilities 2011: $9,936Net Assets 2011: $125,2372011Assets 2012: $99,629Liabilities 2012: $8,581Net Assets 2012: $91,0482012Assets 2013: $84,156Liabilities 2013: $13,062Net Assets 2013: $71,0942013Assets 2015: $339,641Liabilities 2015: $292,689Net Assets 2015: $46,9522015Assets 2016: $316,735Liabilities 2016: $288,974Net Assets 2016: $27,7612016Assets 2017: $325,654Liabilities 2017: $254,931Net Assets 2017: $70,7232017Assets 2018: $1Liabilities 2018: $0Net Assets 2018: $02018

Highlighted filing

2015

Assets$339,641
Liabilities$292,689
Net Assets$46,952

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2011: $243,437Expenses 2011: $226,211Net Income 2011: $17,2262011Revenue 2012: $222,603Expenses 2012: $256,792Net Income 2012: -$34,1892012Revenue 2013: $224,600Expenses 2013: $244,554Net Income 2013: -$19,9542013Revenue 2015: $224,192Expenses 2015: $256,579Net Income 2015: -$32,3872015Revenue 2016: $213,937Expenses 2016: $233,128Net Income 2016: -$19,1912016Revenue 2017: $273,614Expenses 2017: $230,652Net Income 2017: $42,9622017Revenue 2018: $119,824Expenses 2018: $186,526Net Income 2018: -$66,7022018

Highlighted filing

2015

Revenue$224,192
Expenses$256,579
Net Income-$32,387
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 16, 2016
Return Version
2015v2.1
Gross Receipts
$263,051
Mission and Program Overview

Mission

Daystar provides a safe haven for women survivors of domestic violence and sexual assault and empowers them to triumph over trauma and overcome barriers to leading successful, productive lives, free from violence. Daystar's transformational and life-changing services go far beyond a 'band-aid' approach by providing safe housing, emotional healing and individualized counseling for up to two years. The program focuses on helping survivors develop the skills necessary to break the cycle of abuse.

Daystar provides a long-term, transitional home for women who have experience abuse and trauma in their life.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,261$294,023▲ $262,762
Cash and Non-Interest-Bearing Accounts$8,075$29,510▲ $21,435
Savings and Temporary Cash Investments$39,054$8,276▼ $30,778
Prepaid Expenses and Deferred Charges$4,554$3,730▼ $824
Pledges and Grants Receivable$3,013$2,542▼ $471
Accounts Receivable$5,910$1,210▼ $4,700
Total Assets$92,217$339,641▲ $247,424
Other Assets Total$350$350→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property-$253,613-
Accounts Payable and Accrued Expenses$7,173$24,831▲ $17,658
Escrow Account Liability-$12,095-
Other Liabilities$5,705$2,150▼ $3,555
Total Liabilities$12,878$292,689▲ $279,811
Net Assets / Fund Balance
Unrestricted Net Assets$68,165$46,952▼ $21,213
Temporarily Rstr Net Assets$11,174$0▼ $11,174
Total Net Assets Fund Balance$79,339$46,952▼ $32,387
Total Liabilities and Net Assets / Fund Balance$92,217$339,641▲ $247,424

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$270,239$10,701$280,940
Other Land Buildings$9,284$24,175$33,459
Land$14,500-$14,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Vicki LipinskiExecutive DirectorFT$46,250$46,250

Board Members and Trustees

NameTitle
Jeff KorpalPresident
Karen BowersVice President
Joe ZepeckiDirector
Karen GotzlerDirector
Maretes HeinDirector
My Ong VangDirector
Rachael RatkowskiDirector
Sheila MegleyDirector
Stephanie HinkDirector
Sue LambDirector
Liz UnruhSecretary
April MenzTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$215,364
Program Service Revenue
$5,517
Investment Income
$2
Other Revenue
$3,309
All Other Contributions
$163,741
Change in Net Assets
$-32,387

Audited Revenue Reconciliation

Revenue per Audited Statements
$227,212
Revenue Not Reported on Financial Statements
$-3,020
Revenue Not Reported on Form 990
$486
Other Revenue Adjustments
$-3,020
Total Revenue per Audited Statements
$227,698
Total Revenue per Form 990
$224,192
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$145,444
Other Expenses$111,135
Total Fundraising Expense$17,581
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$73,703$10,630$114$84,447
Current Officers, Directors, Trustees, and Key Employees$27,750$9,250$9,250$46,250
Occupancy$26,662$5,343$2,517$34,522
Office Expenses$24,687$2,991$1,498$29,176
Fees for Services Other$3,559$17,484$1,806$22,849
Payroll Taxes$9,493$1,860$876$12,229
Insurance$8,512$1,706$804$11,022
Depreciation Depletion$5,590$1,120$528$7,238
Fees for Services Accounting-$4,650-$4,650
Other Employee Benefits$1,955$383$180$2,518
Travel$1,274--$1,274
All Other Expenses$84$312$8$404
Total Functional Expenses$183,269$55,729$17,581$256,579

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$260,085
Expenses per Audited Statements$256,579
Total Expenses per Form 990$256,579
Expenses Not Reported on Form 990$3,506
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$8,590
Fundraising Direct Expenses$2,933
Fundraising Gross Income$763
Gaming Direct Expenses$87
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$2,150
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The prepared form 990 is reviewed and approved by the members of the governing body before the return is filed with the irs.

Form 990, Part VI, Section B, Line 12C

All directors and officers annually complete and sign a statement that discloses interests that could give rise to conflicts. After determining that a conflict of interest exists, an interested person may make a presentation at a meeting of the governing body. After making the presentation, the interested person shall recuse himself or herself and leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the conflict of interest. If, in the judgment of the governing body, a perception of a conflict of interest might remain even after recusal, the chair shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing body shall determine whether society can obtain with reasonable efforts a transaction or arrangement of at least equal advantage from a person or entity that would not give rise to a conflict of interest. If a transaction or arrangement of at least equal advantage is not reasonable or possible under circumstances not producing a conflict of interest, the governing body shall determine by a majority vote of the disinterested members whether the transaction or arrangement is in society's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.

Form 990, Part VI, Section B, Line 15A

The executive director's performance is reviewed by the members of the governing body annually. Compensation is adjusted based on performance, the organization's budget, and current market trends.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Daystar Inc
EIN
39-1546606
Phone
4143850334
Address
PO BOX 2130, MILWAUKEE, WI 53201-2130

Signing Officer

Name
Vicki Lipinski
Title
Executive Director
Phone
4143850334
Signed
2016-05-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Vicki Lipinski
Formed
1986
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
9
Volunteers
13

Preparer

Firm
Wegner Cpas Llp
Address
2110 LUANN LN, MADISON, WI 53713-3074
Preparer
Jenny Tarkowski CPA
Phone
6082744020
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 1B:

Daystar is the fiscal agent for milwaukee art and hope.

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IRS990/MissionDesc0DAYSTAR PROVIDED TRANSITIONAL HOUSING AND SUPPORTIVE SERVICES TO WOMEN WHO HAVE EXPERIENCED TRAUMA SUCH AS DOMESTIC VIOLENCE, SEXUAL ASSAULT OR TRAFFICKING. CLIENTS MAY STAY WITH US FOR UP TO TWO YEARS WHILE JOURNEYING TOWARD THEIR NEW LIFE. DAYSTAR STRIVES TO BE THE FOUNDATION FOR OUR CLIENTS TO GAIN POWER, RE-BUILD THEIR LIFE AND CHANGE THEIR WORLD. OUR GOAL IS FOR EACH CLIENT TO RECEIVE THE SUPPORT THEY NEED TO BREAK THE CYCLE OF VIOLENCE AND LIVE A HAPPY, SUCCESSFUL AND PEACEFUL LIFE.
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IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-2170
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-2170
IRS990/NetIncomeFromGamingGrp/ExclusionAmt08503
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt08503
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-3024
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-3024
IRS990/NetUnrelatedBusTxblIncmAmt0-3024
IRS990/NoncashContributionsAmt013811
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02517
IRS990/OccupancyGrp/ManagementAndGeneralAmt05343
IRS990/OccupancyGrp/ProgramServicesAmt026662
IRS990/OccupancyGrp/TotalAmt034522
IRS990/OfficeExpensesGrp/FundraisingAmt01498
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02991
IRS990/OfficeExpensesGrp/ProgramServicesAmt024687
IRS990/OfficeExpensesGrp/TotalAmt029176
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0350
IRS990/OtherAssetsTotalGrp/EOYAmt0350
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0180
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0383
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01955
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02518
IRS990/OtherLiabilitiesGrp/BOYAmt05705
IRS990/OtherLiabilitiesGrp/EOYAmt02150
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0114
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010630
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt073703
IRS990/OtherSalariesAndWagesGrp/TotalAmt084447
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0876
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01860
IRS990/PayrollTaxesGrp/ProgramServicesAmt09493
IRS990/PayrollTaxesGrp/TotalAmt012229
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03013
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt02542
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04554
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03730
IRS990/PrincipalOfficerNm0VICKI LIPINSKI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0624190
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05517
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05517
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0208621
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt0100990
IRS990/PYOtherRevenueAmt011241
IRS990/PYProgramServiceRevenueAmt07214
IRS990/PYRevenuesLessExpensesAmt08244
IRS990/PYSalariesCompEmpBnftPaidAmt0117844
IRS990/PYTotalExpensesAmt0218834
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0227078
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-32387
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0-3024
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt05517
IRS990/SavingsAndTempCashInvstGrp/BOYAmt039054
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08276
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0215364
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0208624
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0206859
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0200892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0223583
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01055322
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt073
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt038
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0123
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05517
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0100216
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt093896
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0111561
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0114417
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0139470
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0559560
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65340
IRS990ScheduleA/PublicSupportPY170Pct00.72380
IRS990ScheduleA/PublicSupportTotal170Amt01055322
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0215364
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0208624
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0206859
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0200892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0223583
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01055322
IRS990ScheduleA/TotalSupportAmt01615005
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0270239
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010701
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0280940
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0486
IRS990ScheduleD/DonatedServicesUseFcltsAmt0486
IRS990ScheduleD/ExpensesNotReportedAmt03506
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0256579
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt014500
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt014500
IRS990ScheduleD/OtherExpensesIncludedAmt03020
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt09284
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt024175
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt033459
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-3020
IRS990ScheduleD/RevenueNotReportedAmt0486
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-3020
IRS990ScheduleD/RevenueSubtotalAmt0227212
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0DAYSTAR IS THE FISCAL AGENT FOR MILWAUKEE ART AND HOPE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 1B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0294023
IRS990ScheduleD/TotalExpensesPerForm990Amt0256579
IRS990ScheduleD/TotalLiabilityAmt02150
IRS990ScheduleD/TotalRevenuePerForm990Amt0224192
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0227698
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0260085
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PREPARED FORM 990 IS REVIEWED AND APPROVED BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DIRECTORS AND OFFICERS ANNUALLY COMPLETE AND SIGN A STATEMENT THAT DISCLOSES INTERESTS THAT COULD GIVE RISE TO CONFLICTS. AFTER DETERMINING THAT A CONFLICT OF INTEREST EXISTS, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT A MEETING OF THE GOVERNING BODY. AFTER MAKING THE PRESENTATION, THE INTERESTED PERSON SHALL RECUSE HIMSELF OR HERSELF AND LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE CONFLICT OF INTEREST. IF, IN THE JUDGMENT OF THE GOVERNING BODY, A PERCEPTION OF A CONFLICT OF INTEREST MIGHT REMAIN EVEN AFTER RECUSAL, THE CHAIR SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BODY SHALL DETERMINE WHETHER SOCIETY CAN OBTAIN WITH REASONABLE EFFORTS A TRANSACTION OR ARRANGEMENT OF AT LEAST EQUAL ADVANTAGE FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A TRANSACTION OR ARRANGEMENT OF AT LEAST EQUAL ADVANTAGE IS NOT REASONABLE OR POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BODY SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN SOCIETY'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE DIRECTOR'S PERFORMANCE IS REVIEWED BY THE MEMBERS OF THE GOVERNING BODY ANNUALLY. COMPENSATION IS ADJUSTED BASED ON PERFORMANCE, THE ORGANIZATION'S BUDGET, AND CURRENT MARKET TRENDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0WI

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