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 77,946. Management and general expenses 7,015. Fundraising expenses 0. Total expenses 84,961.”

“Medicaid assessment: program service expenses 918,238. Management and general expenses 0. Fundraising expenses 0. Total expenses 918,238. Supplies: program service expenses 893,487. Management and general expenses 0. Fundraising expenses 0. Total expenses 893,487. Utilities: program service expenses 775,171. Management and general expenses 27,664. Fundraising expenses 0. Total expenses 802,835. Contracted day services: program service expenses 738,316. Management and general expenses 0. Fundraising expenses 0. Total expenses 738,316. In-kind rent: program service expenses 593,609. Management and general expenses 0. Fundraising expenses 0. Total expenses 593,609. Telephone: program service expenses 514,563. Management and general expenses 72,016. Fundraising expenses 0. Total expenses 586,579. Miscellaneous: program service expenses 232,488. Management and general expenses 346,088. Fundraising expenses 0. Total expenses 578,576. Medical services and supplies: program service expenses 190,161. Management and general expenses 810. Fundraising expenses 0. Total expenses 190,971. Client recreation: program service expenses 35,201. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,201. Living subsidies: program service expenses 7,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,200.”

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