Loudoun Islamic Center

“The organization's Form 990 is prepared by the Treasurer (a CPA) using information provided by the Finance Director (also a CPA and a member of the management team). Upon completion, the draft return is reviewed by key members of the leadership team, including the Treasurer, Finance Director and President. The review process includes verifying financial figures, ensuring proper disclosures, and confirming program descriptions. Any discrepancies are addressed in collaboration with the preparer. The final version of the return is shared with the full Board of Directors prior to filing with the IRS.”

“The organization has a written conflict of interest policy in place, which is reviewed with all directors and officers annually. Each board member is required to complete and sign a conflict of interest disclosure form at the beginning of each fiscal year, affirming that they understand and will comply with the policy. Any potential conflicts disclosed are reviewed by the Board or designated governance committee. When a conflict is identified, the affected individual is recused from discussions and decision-making related to the matter. Meeting minutes document any disclosures and the steps taken to manage the conflict.”

“During the tax year, the organization made its governing documents (including articles of incorporation and bylaws), its written conflict of interest policy, and its financial statements available to the public upon request. Individuals seeking copies could obtain them by contacting the organization directly via email or postal mail.”

“Merchant account fees expenses incurred (credit card processing fees, credit card equipment rental fees etc.).”