Bethany Home Association of Lindsborg Kansas

“An independent accounting firm prepares and reviews the form 990. The form 990 is then reviewed by the chief executive officer and chief financial officer. The ceo and cfo then review the form 990 with the full board and are available to answer any questions or provide clarification. The final form 990, with all required schedules, is provided to voting members of the board prior to filing the 990.”

“The board of directors, officers, and committee members annually review and sign the organization's conflict of interest policy. Actual or potential conflicts of interest must be disclosed to the board after disclosure and discussion of the conflict. The interested person must leave the meeting while the remaining board members discuss and vote on whether a conflict exists. If a conflict does exist, the board will determine whether they can obtain a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If that is not reasonably possible, the disinterested members will not vote to determine whether the transaction or arrangement is fair or reasonable, in the organization's best interest, and to the organization's benefit.”

“The management team and board annually review the ceo through a written evaluation. The board reviews the responses to the written evaluation and discusses in executive session to determine the compensation. This is then reviewed with the ceo. This was last performed in 2024.”

“The governing documents, conflict of interest policy, and audited financial statements are available upon request.”

“Consultant fees: program service expenses 23,255. Management and general expenses 21,993. Fundraising expenses 0. Total expenses 45,248. Therapy expense: program service expenses 443,494. Management and general expenses 0. Fundraising expenses 0. Total expenses 443,494. Contract labor: program service expenses 914,433. Management and general expenses 2,183. Fundraising expenses 0. Total expenses 916,616.”

“Bethany home does have a committee that assumes responsibility for oversight of the audit. Neither the oversight process nor the selection process changed during 2024.”