Rainforest Connection

“The tax return is prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined. The organization makes copies of the returns and distributes to those individuals charged with governance. Those individuals at that time can review and if applicable discuss any line items in the return with the accountant who has prepared the return. If all items are found to be acceptable, an authorization is signed and provided to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed paper or electronically with the designated governmental agencies. The tax returns are then signed by the organization, stamped and mailed with certified return receipt or the signed form 8879 is provided to the outside accounting firm allowing electronic filing.”

“Board members disclose any existing and potential conflicts of interest annually and as they arise.”

“The board has set a ceiling for annual compensation for the directors who provide services to the organization. This ceiling is reviewed annually.”

“Federal tax returns are available at guidestar.org charitynavigator.org.”

“Governing documents are available for public inspection at the principal place of business. The conflict of interest policy and the organizations financial statements are available upon request.”

“Contract Management Staff 307,890 Other Professional Fee 7,373 Staff Consultant 367,928”

“The accompanying financial statements have been prepared on the modified cash basis of accounting. Revenues, expenses, assets and liabilities under the modified cash basis of accounting are only recognized when cash transactions take place, adjusted for modifications that have substantial support in generally accepted accounting principles. As a result of the use of the modified cash basis of accounting, certain assets and their related revenuessuch as contributions/pledges receivable and related contribution revenue, property/equipment, right of-use assets, and related depreciation and certain liabilities and their related expenses such as accounts payable, accrued liabilities, right-of-use liabilities and their related expenses are not recorded in these financial statements. As of December 31, 2022, the were no fixed assets, but there is a 150,000 note payable. The Organization reflects limitations or restrictions on the use of available resources by classifying such resources as restricted.”

“The changes of accounting method”