Third Option Foundation

“Form 990 is sent to the Foundation's Treasurer for review and discussion and then to the Board of Directors for review prior to filing.”

“The conflict of interest policy is reviewed with all members during board meetings. The names of any persons who disclosed or otherwise were found to have an actual or possible conflict of interest are taken into consideration and situations are reviewed to determine if further action is deemed necessary.”

“Compensation amounts are set by looking at similar positions in other similar organizations. Annual reviews are conducted by the Board to determine whether compensation arrangements are reasonable.”

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

“Amendments to previously filed 990: Yes to lines 15a and 15b.”

“Amendments to previously filed 990: Mr. Gregory W. Vogle should be considered an officer since he was the President of the Board of Directors.”

“Several changes were made as a result of the audit of the Foundation's financial statements, including the following: Line 1f: All other contributions $1,245,606. Line 1h: Total contributions $1,245,606. Line 3: Investment income, column A $33,101, column B $0, column D $33,101. Line 7a: Gross amount from sales of assets $739,502. Line 7b: Less costs of sales $726,589. Line 7c: Gain or loss $12,913. Line 7d: Net gain or loss, column A $12,913, column D $12,913. Line 12: Total revenue column A $1,291,620, column B $0, column D $46,014.”

“Several changes were made as a result of the audit of the Foundation's financial statements, including the following: Line 8-Contributions and grants: $1,245,606 Line 10-Investment income: $46,014 Line 12-Total revenue: $1,291,620 Line 13-Grants and similar amounts paid: $13,288 Line 17-Other expenses: $798,534 Line 18-Total expenses: $992,880 Line 19-Revenue less expenses: $298,740 Line 20-Total assets: $1,775,215 Line 21-Total liabilities: $41,604 Line 22-Net assets: $1,733,611”

“Several changes were made as a result of the audit of the Foundation's financial statements, including the following: Line 4a: Total Survivorship program expenses $317,171 including grants of $9,094. Revenues totaled $1,271,406. Line 4b: Total Resiliency program expenses $399,728, including grants of $4,194. Line 4c: Total Heritage program expense $56,317. Line 4e: Total program service expenses $773,216.”

“Amendments to previously filed 990: Yes to lines 11b, 11f, and 12a and 22.”

“Amendments to previously filed 990: Yes to lines 1c and 2b.”

“Consulting: Program service expenses 6,374. Management and general expenses 6,374. Fundraising expenses 0. Total expenses 12,748. Recruiting: Program service expenses 512. Management and general expenses 511. Fundraising expenses 0. Total expenses 1,023. Payroll Service fees: Program service expenses 651. Management and general expenses 651. Fundraising expenses 0. Total expenses 1,302. Printing and postage: Program service expenses 0. Management and general expenses 763. Fundraising expenses 0. Total expenses 763. Registration fees: Program service expenses 0. Management and general expenses 2,252. Fundraising expenses 0. Total expenses 2,252.”

“Changes were made as a result of the audit of the Foundation's financial statements, including the following: Line 2: Grants column A $13,288, column B $13,288. Line 5: Compensation of current officers column A $145,014, column B $71,654, column C $71,654, column D $1,706. Line 7: Other salaries and wages column A $24,327, column B $9,731, column C $14,596. Line 10: Payroll taxes column A $11,717, column B $5,631, column C $5,968, column D $118. Line 11b: Legal column A $23,864, column B $11,932, column B $11,932. Line 11c: Accounting column A $12,442, column B $6,221, column C $6,221. Line 11g: Other fees column A $18,088, column B $7,537, column C $10,551. Line 13: Office expenses column A $28,873, column B $14,437, column C $14,436. Line 17: Travel column B $0, column C $2,900, column D $0. Line 19: Conferences column A $254,339, column B $201,384, column D $52,955. Line 22: Depreciation column A $7,265, column C $7,265. Line 23: Insurance column A $1,723, column B $0, column C $1,723. Line 24a: Health and wellness column A $224,379, column B $224,379. Line 24b: Other program expenses column A $72,510, column B $72,510. Line 24c: Emergency assistance column A $60,683, column B $60,683. Line 24d: Home assistance column A $16,963, column B $16,963. Line 24e: All other expenses, see schedule O, column A $56,427, column B $47,827, column C $8,600. Line 25: Total functional expenses column A $992,880, column B $773,216, column C $164,885, column D $54,779.”

“Changes were made as a result of the audit of the Foundation's financial statements, including the following: Line 1: Cash column B $19,294. Line 3: Pledges receivable column B $588,711. Line 10a: Equipment $10,805. Line 10c: Equipment column B $10,124. Line 11: Publicly traded securities column B $0. Line 12: Investments other securities column B $1,123,844. Line 14: Intangible assets column B $25,491. Line 16: Total assets column B $1,775,215. Line 17: Accounts payable column B $41,604. Line 26: Total liabilities column B $41,604. Line 27: Unrestricted net assets column B $1,144,900. Line 28: Temporarily restricted net assets column B $588,711. Line 33: Total net assets column B $1,733,611. Line 34: Total liabilities and net assets column B $1,775,215.”

“The board of directors has responsibility for oversight of the annual audit of the foundation's financial statements and the selection of an independent accountant. This process has not changed from prior year.”

“Changes were made as a result of the audit of the Foundation's financial statements, including the following: Line 1: Total revenue $1,291,620. Line 2: Total expenses $992,880. Line 3: Revenue less expenses $298,740. Line 5: Net unrealized gains (losses) -$33,122. Line 7: Investment expenses -$3,788. Line 10: Net assets at end of year $1,733,611.”

“Changes were made as a result of the audit of the Foundation's financial statements, including the following: Line 1: Accounting method used to prepare Form 990: Accrual Line 2b: The financial statements were audited by an independent accountant on a separate basis. Line 2c: The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”