Silver Cliff Ranch

“Per the irs instructions, certain business relationships between the organization's current officers, directors, trustees, or key employees, as reported in part vii, section a, must be disclosed. Because of the interrelated nature of the filing organization with its related entities (as disclosed on schedule r), all of the officers and directors with overlapping responsibilities have business relationships with each other.”

“Other officer compensation, paid by a related organization, is reviewed on an annual basis utilizing national and regional salary survey data for equivalent positions based on a combination of comparative analysis by industry and position. The market analysis is examined by the Chief Executive Officer of the parent organization. Any compensation adjustments are included in the annual operating budget which is completed and acted on by the parent organization Finance Committee. Approved compensation adjustments are recorded in the personnel records of each officer.”

“The board of directors shall designate an executive committee, which shall consist of the following: the chairman, vice chairman, secretary, and treasurer and up to three persons appointed by the chairman. Subject to the bylaws and the general policies prescribed by the board of directors, the executive committee shall have and shall execute the authority of the management of the corporation. A majority of the members of the executive committee shall constitute a quorum.”

“The board of trustees of firstday foundation, as the parent company of the organization, has the power to elect members of the organization's governing body.”

“The treasurer reviews the 990 by comparing prior return with current return. In addition, all financial data on the 990 is reconciled to the financial statements. After review is made by the treasurer, the treasurer will then review the return with the executive director before considering finalizing the return. The filed 990 is presented to the board during one of its board meetings.”

“All members of the governing board and officers are covered with the conflict of interest and compliance policy and requirements. All members of the governing board and officers must complete a conflict-of-interest disclosure on an annual basis. If a conflict of interest should arise, the person associated with the conflict is excluded from discussion, debate and decision making on the matter. This shall include the person with the conflict being excluded from a meeting where any matter associated with the conflict is discussed.”

“The executive director's compensation is reviewed on an annual basis utilizing national and regional salary survey data for equivalent positions with similar nonprofit organizations. The market analysis is examined by the chief operating officer of the parent organization and any compensation modification is recommended and discussed with the chairman of the board of directors or the executive committee. The compensation analysis is presented to the board of directors by the chief operating officer of the parent company for discussion. Deliberation and a board decision is made regarding the compensation for the executive director by the board of directors. If a compensation is approved, the compensation is included in the annual operating budget. Approved compensation adjustments are recorded in the personnel record of the executive director along with the rationale for any compensation modification.”

“The form 990, governing documents, conflict of interest policy, and financial statements will be provided upon request to the public by contacting the firstday foundation corporate office.”

“George cowden, vice-chair/secretary, receives compensation from both the filing organization and a related organization for legal services provided to the organization. No part of his compensation was provided for his service as a board member.”

“Silver cliff ranch (scr) is a nonprofit rental facility that combines an awe-inspiring natural setting with a culture of service to create a welcoming place for youth and families to heal, learn, and joyfully explore through positive, outdoor experiences and authentic interactions. With rustic cabin lodging and dining services for over 200 people alongside amenities including a hot springs-fed swimming pool, full-size gymnasium, and historic opera house meeting space, scr is an affordable, year-round destination for church youth groups, nonprofits serving underserved youth, and families with minor children.”