Management Assistance Group Inc

“The Federal form 990 is prepared by an independent CPA firm as part of annual audit process of Change Elemental. The 990 is then reviewed by executive management, and a copy is sent to the Board for review. The Treasurer has the responsibility to review it and will receive the board's comments before bringing it back to the Board by the date provided.”

“COI forms are distributed to board and staff at beginning of each year. The office manager ensures that all forms are completed. Completed forms are provided to the Finance Committee for review to ensure there are no conflicts that need to be resolved or managed. If there are conflicts, the Finance Committee reports these to the Executive Committee for further action and resolution.”

“The Executive Committee determines the compensation of the Executive Director. Compensation adjustments are approved as part of the budget process (Finance Committee reviews and makes recommendation to Executive Committee for approval of budget). The Executive Committee reviews comparable organization CEO compensation studies periodically.”

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

“Associate consultants: Program service expenses 302,418. Management and general expenses 0. Fundraising expenses 0. Total expenses 302,418. Contracted administrative services: Program service expenses 0. Management and general expenses 20,946. Fundraising expenses 0. Total expenses 20,946. Payroll expenses: Program service expenses 0. Management and general expenses 2,880. Fundraising expenses 0. Total expenses 2,880. Consulting expenses: Program service expenses 563. Management and general expenses 17,370. Fundraising expenses 0. Total expenses 17,933. Other professional fees: Program service expenses 0. Management and general expenses 4,500. Fundraising expenses 0. Total expenses 4,500.”

“The Audit Committee of Change Elemental assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process is consistent with previous year.”