Favor Grand Strand

“Form 990, part vi, line 11b the review process the form 990 is reviewed in detail by the director. Then, a copy of the final form 990 is sent to all board memebers,for their review and questions.”

“Each covered person shall disclose to the chair of the board, as appropriate, all conflicts of interest (1) existing when he or she is offered or elected to a covered position (2) occurring after the acceptance of the covered position and (3) annually through a conflict of interest survey that is distributed by the executive director.the executive director shall report all potential conflicts of interest to the board of directors. The board chairman or executive director as appropriate will review the facts and circumstances of any potential conflicts of interest and consider any alternatives to proposed transactions or events. The disinterested members of the board, or other officer as appropriate will determine whether the situation involves a conflict of interest and may attempt to develop alternatives such that any conflict is removed from the situation.”

“The director's salary is reviewed and aproved by the board of directors annually. The board retains oversight responsibility for this process.”

“Documents are available upon request”

“990 is amended to allocate some of the total expenses to management and general.”

“Program expenses were reduced from $179,664 to $139,986”

“$25,000 was moved from program service expense to management and general”

“$1,991 was moved from program service expense to management and general”

“$2700 was moved from program service expense to management and general”

“$937 was moved from program service expense to management and general”

“$1231 was moved from program service expense to management and general”

“$6193 was moved from program service expense to management and general”

“$1574 was moved from program service expense to management and general”

“$52 was moved from program service expense to management and general”

“ROUNDING 2.”