Healing Transitions Inc.

“Organization's process to review form 990. Form 990 is reviewed by the business operations manager and the board treasurer and compared to audit financials. Once their review is completed the form 990 is sent out to all board members for their review, comments, and questions. Any questions are addressed by the business operations manager and/or board treasurer with the assistance of the outside accounting firm, if warranted. Once the board review has been completed the board officially approves the form 990 by vote.”

“Enforcement of conflicts policy. The organization has written a conflict of interest policy in place for board of directors, officers, and employees. Board of directors, officers, and employees are to avoid as well as report any conflict of interests, potential conflict of interests, or the appearance of a conflict of interest. The policy is updated and approved by the board of directors.”

“Compensation process for top official. The organization uses comparability data such as the current market value, experience level and salaries paid at similar organizations to determine compensation of the executive director. These decisions are reviewed and approved by independent persons.”

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

“Rentals,repairs and maintenance : program service expenses 132,525. Management and general expenses 367. Fundraising expenses 0. Total expenses 132,892. Participant stipends : program service expenses 104,495. Management and general expenses 0. Fundraising expenses 0. Total expenses 104,495. Contracted services : program service expenses 12,600. Management and general expenses 51,487. Fundraising expenses 1,504. Total expenses 65,591. Direct client assistance : program service expenses 49,765. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,765. Licenses and fees : program service expenses 11,152. Management and general expenses 158. Fundraising expenses 23,204. Total expenses 34,514. Bad debt expense : program service expenses 0. Management and general expenses 0. Fundraising expenses 25,000. Total expenses 25,000. Training : program service expenses 20,199. Management and general expenses 200. Fundraising expenses 175. Total expenses 20,574. Postage and printing : program service expenses 9,282. Management and general expenses 1,448. Fundraising expenses 2,045. Total expenses 12,775. Dues and subscriptions : program service expenses 1,222. Management and general expenses 4,115. Fundraising expenses 2,238. Total expenses 7,575. Bank fees : program service expenses 0. Management and general expenses 592. Fundraising expenses 0. Total expenses 592.”

“The business operations manager and treasurer (finance committee) are responsible for review of the annual audit, review of the form 990 and provides direction regarding the retention / engagement of an audit firm for accounting services and audited financial statements. The return is then sent to the full board for approval.”