Maryland Philanthropy Network

“Copies of the form 990 are made available for all board members prior to submitting the form 990 to the irs. The board of directors delegates responsibility for review of mpn's irs form 990 to the management and finance committee, which conducts its review in a timely manner prior to submitting the form to the irs. The president signs the completed form 990.”

“Annually, the president or committee staff member will use the following procedures: 1. Meet with the board, committee, or staff to explain and discuss mpn's conflict of interest policy and its importance. A copy of mpn's major vendors is provided with the conflict of interest disclosure form as a way to identify with whom mpn does business. 2. Upon review of the vendor list and any other potential conflicts identified by the director of volunteer, the form is completed and returned to mpn's president by the end of june or the first committee meeting. 3. The office manager will maintain a master file of all forms. 4. Staff will review all of the disclosure statements and compile a conflict of interest summary for the board and every committee. A confidential copy should be given to each committee chair. Any potential conflicts will be handled as prescribed in the conflict of interest policy adopted by the board of directors.”

“Mpn's salary administration program contains information to determine duties, skills, and responsibilities which are recorded on job descriptions; evaluation to determine relative position worth; ranges to translate relative worth into salary values; and procedures to assist in objective evaluation of performance. The recommendation also considers general industry trends, systemic comparisons of salary levels in the appropriate geographic area, the financial constraints of mpn and cost of living percentages. Mpn uses the services of an outside consultant to review salary, benefits, and grades for all staff. Salary increases for the president require board approval. The president's performance is evaluated yearly and reviewed in executive session at the december meeting of the board of directors. Results of this review are noted in the minutes of the executive director.”

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

“Consultant and stipends: program service expenses 1,564,323. Management and general expenses 12,512. Fundraising expenses 0. Total expenses 1,576,835.”

“The organization did not change its audit oversight process or selection of an independent accountant process during the tax year.”