Sunrise Children'S Services Inc

“Kentucky baptist convention, inc. Approves appointments to sunrise children's services board. Also, although sunrise children's services has expressed no intention to dissolve, upon dissolution the organization's assets are to be distributed to kentucky baptist conventions, inc.”

“Appointments to sunrise children's services board of directors are subject to the approval of kentucky baptist convention.”

“The form 990 is emailed in electronic format to the board of directors for their review prior to filing the return.”

“In connection with any actual or possible conflicts of interest, an interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose all material facts to the president/ceo., the chairperson of the board of directors and members of committees with board-delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts and after any discussion with the interested person, he/she shall leave the board or committee meeting while the determination of a confilict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.”

“On an annual basis, the president/ceo will complete a self evaluation of his or her performance. The executive assistant to the president/recording secretary will copy and distribute the self evaluation to all members of the board. Board members will add their comments to the self evaluation form and return their evaluation forms to the chairperson of the board. The board chairperson will compile the results and present the results to the executive commitee and the president. The human resources department will prepare a summary of the current salary and benefit profile of the president/ceo for use by the board chairperson and the executive committee. Careful consideration will be given to not place the salary of the president above an acceptable range in consideration of the overall revenue of the agency. Salary comparison data may be requested by the board chair from the human resources department. The human resources department will survey comparable organizations to provide the board chairperson with the data. The deliberation is held in executive session of an executive committee meeting and the july board of director's meeting, and the documentation is in the board chairman's files. The ultimate decision is communicated to the human resource department, via the board chairman, using the organization's change of salary form, and is filed in the president's personnel file.”

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

“The executive commitee shall have and exercise authority of the board of directors, except in reference to amending, altering or repealing the bylaws; electing, appointing or removing any member of the committee or any director or officer of the corporation; amending the articles of incorporation, restating articles of incorporation adopting a plan of merger or adopting a plan of consolidation with another corporation; authorizing the sale, lease, exchange or mortgage of all or substantially all of the property and assets of the corporation; authorizing the voluntary dissolution of the corporation or revoking proceedings therefore; adopting a plan for the distribution of the assets of the corporation; or amending, altering or repealing any resolution of the board of directors which by its terms provides that it shall not be amended, altered or repealed by committee.”

“Acturarial change in annuity obligation -7,660. Change in fair value of funds held in trust 873,458.”

“Each quarter at the board meeting all members receive expanded information for the prior fiscal year quarter (e.g. At the april meeting the qe february is reviewed). In june of each year the executive committee of the board reviews in detail the proposed budget for the upcoming fiscal year, and then recommends for adoption to the full board at the july meeting. The audit draft is reviewed by the partner in charge of the audit with the executive committee of the board (acting as audit committee) on the afternoon prior to the november meeting, and then the executive committee recommends for approval to the full board the next day at the november meeting. The board reviews staff recommendations of the audit firm for the upcoming fiscal year at the april meeting.”