Hope in Our City

“The Chairman of the Board of Directors is the father of the Vice President and father-in-law of the President & CEO.”

“The Controller is responsible for preparing and presenting Form 990 to the Executive Team for initial review and discussion. This step allows leadership to evaluate the accuracy and completeness of the information ensure compliance with reporting requirements and address any questions or concerns. Once the Executive Team has completed its review the Controller prepares a draft electronic copy of Form 990 and presents it to the Board of Directors. The Board carefully reviews the draft to confirm that it fairly represents the organizations financial position governance practices and program accomplishments. Only after this thorough review and approval process is the final Form 990 submitted to the Internal Revenue Service. This procedure ensures accuracy transparency and accountability in the organizations financial reporting and compliance with federal regulations.”

“Hope in Our City requires all board members executive officers and key employees to disclose any real or potential conflicts of interest. The Board of Directors is responsible for reviewing monitoring and documenting such disclosures as well as reporting and addressing any potential conflicts of interest to ensure transparency and integrity in organizational decision-making.”

“The Board of Directors monitors transactions and reports any potential conflicts of interest to safeguard the integrity of the organization. In addition the Board is responsible for reviewing and approving the compensation of key employees. Proposed salaries for key staff are carefully evaluated and approved by the Board during the annual budget process to ensure they are reasonable aligned with industry standards and consistent with the organizations mission and financial capacity. This process helps maintain accountability transparency and compliance with applicable regulations.”

“| Explanation:| Due to the tremendous need within the Denver area Hope in Our City has committed to investing significant resources in launching a new Christian school to serve families in the metro region. This initiative led to the establishment of Reign Christian Academy which officially opened its doors on August 22 2023. The school was founded to provide high-quality Christ-centered education that nurtures both academic excellence and spiritual growth. By creating a safe supportive and values-driven learning environment Reign Christian Academy aims to empower students to thrive equip families with strong community support and have a positive impact on the broader Denver area for generations to come.”