Kids in Distress Inc

“The agency's 990 is prepared by an independent cpa firm selected by the board of directors. It is presented to the audit committee and the executive committee and distributed to each member of the board of directors for review prior to filing.”

“As a matter of policy, anyone wishing to do business with the organization, who is a member of the board or an extended family member or related party of board members or any employees who wish to conduct business with the board must receive approval to do so and the board of directors must approve such relationships based on review and recommendation by the executive committee of the organization. Conflict of interest policy and disclosure statements are signed annually by the board of directors and senior staff. The policy is overseen by the executive committee of the board of directors. Any issues and/or exceptions to the policy are presented to the board of directors for approval. It is the responsibility of management to bring to the executive committee's attention any matters that may give rise to a conflict and it is further required that in signing the policy and disclosure, all members of the board of directors identify any business relationships they may have with the organization.”

“The executive committee of the board of directors oversees the organization's compensation process for the ceo. Comparable data for similarly qualified persons in comparable positions, the standard for the organization benchmarks, are obtained through a review of national surveys identifying national and regional pay scales. An annual review process is performed for determining compensation of the ceo and is a consideration for the budgeting and approval process. The ceo compensation is reviewed annually by the past chairperson, the current chair and chair elect. Their recommendation is presented to the executive committee for discussion, review, modification and approval. Documentation is maintained summarizing the approved compensation and performance review. Form 990, part vii line 15b compensation process for officers: it is the intent of the organization to create compensation schedules that assist the organization in recruiting and retaining skilled and competent staff to carry out the business of the organization. Compensation levels must achieve a balance between fair value for work and the ability of the organization to pay for that value. Compensation levels also reflect a measurement of job worth based on composite of skill, effort, responsibillty and working conditions. These compensation levels should be competitive with the external market from which it recruits. The external market includes local, state and national public and private sector employers, including similar positions at other nonprofit agencies. The human resource department, on an annual basis, obtains compensation studies to evaluate and establish salary ranges against comparable positions at the local and regional levels. In addition, the national study of nonprofits produced by the nonprofit times, a leading business publication for nonprofit management, is a benchmark for all positions within the organization. The annual budget preparation and review includes recommended salary levels for all employees and is part of the approval process for the board of directors. The review process is documented in the minutes of the board of directors' meetings.”

“The organization publishes and distributes an annual report with the summary financial information and also posts it on the organization's website. A copy of the full audit and form 990 is available upon request and the public is also advised that the past form 990's are available on the guidestar website which maintains oversight for nonprofit 990's on a comparable basis. Governing documents and the conflict of interest policy are maintained on location and are available to the public upon request for the same period of disclosure as set forth in section 6104(d).”

“The oversight and selection process has not changed from the prior tax year.”