Helping Hands for Single Moms

“The governing body consists of the board of directors, all with equal voting rights. No voting by proxy is permitted. The board may establish committees, but only directors may vote on matters exercising board authority. No executive committee or similar committee with broad authority was designated during the tax year.”

“The form 990 is prepared by the organization's independent public accounting firm based on information provided by management. The treasurer approves the tax return before filing and presents the findings and recommendations to the full board.”

“The organization's conflict of interest policy requires directors, officers, and key employees to disclose any financial interests that could result in a conflict. When a potential conflict is identified, it is disclosed to the board or committee, which reviews and determines whether a conflict exists. Individuals with a conflict do not vote on related matters but may be present during discussions if their interest is disclosed. All transactions involving conflicts are reviewed to ensure they are fair and reasonable to the organization. The board or committee monitors proposed and ongoing transactions for conflicts, addressing any issues in accordance with the policy, whether discovered before or after the transaction occurs.”

“The ceo has an annual job review with the board president. Compensation considerations will be based upon local industry standards as determined by the asu center for nonprofit leadership and management's report and other comparable studies, in addition to actual job performance, cost of living statistics, and the overall financial state of the organization. The board president's recommendation will be presented to the entire board of directors prior to the annual meeting and will be voted on as part of the entire annual budget. This process last occurred in 2024.”

“Helping hands for single moms is committed to transparency, accountability, and compliance with all applicable federal and state laws regarding public disclosure of organizational documents. In accordance with irs requirements, the organization makes the following documents available for public inspection upon request: - the three most recent annual forms 990 (including all schedules and attachments as filed with the irs). - the organization's irs tax-exempt determination letter. - the organization's current articles of incorporation and bylaws. Copies of these documents may be requested in writing or by email at the organization's principal office. Reasonable charges may apply for copying and postage. In addition, the most recent form 990 and audited financial statements are available for public inspection on the website helpinghandsforsinglemoms.org, the irs website and at guidestar (candid).”

“The organization did not change its oversight process or selection process during the year.”