Log Cabin Enterprises Inc.

“The finance committee conducts a comprehensive review of the form 990 before it is filed. A copy of the return, as ultimately filed, is provided to each voting member of the board of directors before it is filed with the irs.”

“The organization's conflict of interest policy covers all employees, executives, trustees and board members. The president & ceo monitor and enforce compliance with the conflict of interest policy. Members of the board of directors must fully disclose to the board chair any contract, business arrangement, or direct financial interest in a business that contracts or transacts business with the organization. Members of the board of trustees, employees and committee members must make such disclosures to the president & ceo. The board chair (in matters involving the board of directors), or the president & ceo (in matters involving members of the board of trustees, employees, and committee members), may decide whether to allow continuing involvement in the discussion and decision process, and to what degree (i.e. Discussion only and the member must abstain from voting), before proceeding. The potential conflict of interest is recorded in the minutes or notes of the meeting.”

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

“Net asset transfers from related organizations 39,318.”

“Audit of financial statements: the organization is a subsidiary of the phineas corporation. Its financial statements were audited on a consolidated basis.”

“Oversight of audit and selection of independent accountant: the audit committee is responsible for the selection, monitoring and evaluation of an independent audit firm and oversight of the audit of its financial statements. There was no change in this process from the prior year.”

“Net asset transfers from related entities: the sunrise group's cash management policies require all cash receipts to be transferred to the sunrise community, inc. General operating account. Cash transfers back to the organization are only made to cover its required cash flow needs creating a due from (to) sunrise community, inc. Since there is no intention to repay these related party balances, any excess cash transfers are considered a permanent transfers of net assets at year end. During the years ended june 30, 2015 and 2014, the organization had net asset transfers (to) from related organizations amounting to $39,318 and $17,915, respectively.”