Instiglio

“The form 990 was prepared by the outside accountants and reviewed by senior management. Individual members of the governing body were consulted for individual parts of the form 990 and the final 990 was provided to the board prior to filing the return with the irs.”

“Each director, principal officer, executive director and member of a committee with governing board delegated powers signs an annual statement upon such individual's appointment to any such office which affirms such person has received, read, understands, and agrees to comply with the conflicts of interest policy. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she leaves the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The organization has a policy set in place for determining bonuses for all staff which is reviewed by the board. Salaries were set following consultation of independent advisors and discussion amongst members of the governing body. Compensatory data from other 990s is used in the compensation process and the last compensation review took place in august 2019.”

“The organization does not make its governing documents or policies available to the public. Financial statements are available upon request.”

“Professional services: program service expenses 224,279. Management and general expenses 71,485. Fundraising expenses 0. Total expenses 295,764. Contract services: program service expenses 757. Management and general expenses 241. Fundraising expenses 0. Total expenses 998. Project services: program service expenses 147,320. Management and general expenses 46,956. Fundraising expenses 0. Total expenses 194,276.”

“The organization reported a prior period of $490,504 to adjust for revenue which should not have been recorded. The organization was acting only as an intermediary for these funds.”