Monarch

“Please refer to schedule l for relationship disclosures.”

“The 990 is reviewed by the ceo and cfo of monarch, inc., in addition to the finance committee and board of directors, the audit firm completing the form will meet and review the 990 with the ceo, cfo, finance committee and board if requested.”

“Annually, each board member signs the conflict of interest policy. In addition, each board member is charged with identifying their own (or others if noticed) conflicts of interest throughout the year. Evidence of this is recorded in our board minutes when someone has a conflict of interest and excuses themselves from discussion and voting on the issue.”

“The board executive committee shall act as or appoint a compensation committee that has general oversight of the organization's compensation policies and practices for key employees and executives of monarch. Specific duties of the compensation committee include: (1) yearly evaluation of the chief executive of the organization including setting of the ceo's compensation, (2) review and approval of the ceo's recommendations for compensating other executives, and (3) review and approval of policies concerning non-cash or other compensation of executives. Comparable industry data is utilized in the processes described.”

“Governing documents, audit and conflict of interest policy are available at the main administrative office for anyone to review. Form 990 is posted on the guidestar website, and an annual report is placed on the organization's website.”

“Taxes & licenses: program service expenses 74,325. Management and general expenses 12,038. Fundraising expenses 0. Total expenses 86,363.”

“Bad debt expense: program service expenses 1,249,243. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,249,243. Medicaid assessment: program service expenses 946,011. Management and general expenses 0. Fundraising expenses 0. Total expenses 946,011. Telephone: program service expenses 761,457. Management and general expenses 117,049. Fundraising expenses 0. Total expenses 878,506. Utilities: program service expenses 664,396. Management and general expenses 26,656. Fundraising expenses 0. Total expenses 691,052. Miscellaneous: program service expenses 189,706. Management and general expenses 497,844. Fundraising expenses 0. Total expenses 687,550. Contracted day services: program service expenses 488,092. Management and general expenses 0. Fundraising expenses 0. Total expenses 488,092. In-kind rent: program service expenses 455,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 455,200. Medical services and supplies: program service expenses 174,053. Management and general expenses 1,426. Fundraising expenses 0. Total expenses 175,479. Client recreation: program service expenses 25,484. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,484. Living subsidies: program service expenses 7,450. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,450.”

“The process has not changed from the prior year.”