Faith in Action Fund

“Faith in action fund does not currently have any committees with authority to act on behalf of the governing body.”

“The form 990 was prepared by the outside accountants and reviewed by the executive director and a board member prior to filing with the irs.”

“Pursuant to faith in action fund's conflict of interest policy, directors and officers are required to report any potential conflict of interest to the president of the board or an applicable committee of the board. Any potential conflict is reviewed by the board or an applicable committee of the board, under the conflict of interest policy. Directors and officers of the organization are required to complete and sign the conflict of interest declaration on an annual basis. The completed declarations are available for inspection by the directors and officers of the organization, and by such other persons as the president may deem appropriate.”

“Pursuant to a resource sharing agreement with faith in action network, a section 501(c)(3) public charity, the organization reimburses faith in action network for the services performed by the organization's executive director, andrea marta, who is an employee of faith in action network. Ms. Marta's compensation is reviewed and approved by the executive committee of faith in action network using comparability data, performance reviews and work experience.”

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

“Faith in action fund and faith in action network have entered into a resource sharing arrangement whereby the action fund reimburses faith in action network, the common paymaster for the two organizations, which issues the w-2s, for the action fund's allocable share of the compensation of certain employees for services provided for the action fund. The two organizations are not "related organizations" as that term is defined in the form 990 glossary. Therefore, there is no compensation reflected in part vii under compensation from "related organizations". Pursuant to their resource sharing arrangement, the compensation allocated to the action fund for the following individuals listed on part vii of this return is as follows: andrea marta: 40 hours per week; $82,532 compensation; $14,585 benefits.”

“Organization contacts: program service expenses 358,289. Management and general expenses 5,216. Fundraising expenses 0. Total expenses 363,505. Other consulting contacts: program service expenses 82,328. Management and general expenses 1,199. Fundraising expenses 0. Total expenses 83,527.”