Mzc Foundation Inc

“Harriet anderson langford and phil langford are married.”

“The executive director is paid as a contractor.”

“A draft of the form 990 is distributed to all board members ahead of a scheduled meeting. During the subsequent board meeting, any questions are addressed during group discussion, and the board may entertain a vote to approve the form 990 for returning to the irs.”

“To ensure that the ray operates in a manner consistent with its status as an organization exempt from federal income tax, the board of directors oversees an annual review of the administration of its conflict of interest policy. The review may be written or oral. The review shall consider the level of compliance with the policy, the continuing suitability of the policy, and whether the policy should be modified and improved.”

“Determining compensation for the executive director is the responsibility of the board and at its discretion, and is reviewed annually by the board of directors. Determining compensation for other officers and key employees occurs during the budgeting process, which is led by the executive director. The organization's annual budget is presented to board members in q4 for discussion, amendment and approval. The board uses independent information and refers to compensation studies when setting the compensation for the executive director. The executive director also relies on independent information and compensation studies when setting compensation as part of the annual budgeting process.”

“Upon request, in person or by mail.”

“Consulting fees: program service expenses 1,363,458. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,363,458. Membership and dues: program service expenses 2,837. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,837. Payroll fees: program service expenses 945. Management and general expenses 0. Fundraising expenses 0. Total expenses 945. Other service fees: program service expenses 0. Management and general expenses 2,305. Fundraising expenses 0. Total expenses 2,305.”

“Prior period adjustment - post audited financial statements 502,948.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”