Interfaith Family Services

“The following is an excerpt from our bylaws: "the executive committee shall consist of the chairman, the vice chairman, the secretary, the immediate past chairman, the treasurer, the marketing committee chair, and the governance committee chair... The executive committee shall possess the power of the board in the management of the business of the corporation," subject to certain limitations.”

“The ceo & coo will review the tax returns and forward them to the audit and finance committee for review. The board then reviews the form 990 before approval for filing.”

“The following is an excerpt from our conflict of interest policy:a. Definitions1.)interested person. Any member of the board of directors (director), officer, member of a committee with board-delegated powers or employee who has a financial interest or conflict of interest.2.)financial interest. A person has a financial interest if the person has, directly or indirectly, through business, investment, or family: (a) an ownership or investment interest in any entity with which [the organization] has a transaction or arrangement, or (b) a compensation agreement, or (c) a potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which [the organization] is negotiating a transaction or arrangement. For purposes of this paragraph, compensation inncludes direct or indirect remuneration as well as gifts or favors that are substantial in nature, and transactions and arrangements include gifts to [the organization].3.)conflict of interest. A person has a conflict of interest if the board of directors or committee so determines under part c below.b. Disclosurein connection with any actual or possible financial interest, an interested person must disclose the existence of his or her interest or affiliation and all material facts to the directors and members of the committees with board-delegated powers considering the proposed transaction, arrangment, or grant. The disclosure should be made when the interest becomes a matter of board or committee action, or as part of a periodic procedure to be established by the board. C. Procedures1.) after disclosure of the financial interest and all materal facts, and after any discussion with the interested person, he or she shall leave the board committee while the remaining board members determines if a conflict of interest (conflict of interests) exists. 2.) an interested person may make a presentation at the board or committee meeting, but after such presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest.3.) if appropriate, the chairperson of the board or committee shall appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After executing due dilligence, the board or committee shall determine whether [the organization] can obtain a more advantageous transaction or arrangement with reasonable efforts from a person that would not give rise to a conflict of interest. 4.) if a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested trustees whether the transaction or arrangement is in [the organizations] best interest and for its own benefit and whether the transaction is fair and reasonable to [the organization]. The board shall make its decision as to whether to enter into a transaction or arrangement in conformity with that determination. D. Violations of the policy1.) if the board of committee has reasonable cause to believe that a member has failed to disclose financial interests, it shall inform the member of the basis of such belief and afford the member an opportunity to explain the alleged failure to disclose,2.) if, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the board or committee determines that the member has in fact failed to disclose financial interests or disqualifying relationships, it shall take appropriate corrective action.”

“In 2016, the board of directors received a nonprofit compensation comparison from the center for non-profit management. This comparison was used to adjust the ceos salary. Thereafter, the ceo has received annual increases in line with the companys policies for all executives.”

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“Governing documents, conflict of interest policy and financial statements are available upon request.”

“Governing documents, conflict of interest policy and financial statements are available upon request.”

“The net economic benefit from our fundraising events is calculated as follows:Contributions from fundraising events reported on Part VIII, line 1c $ 259,782Gross income from fundraising events reported on Part VIII, line 8a 60,192Less: Direct costs of events reported on part VIII, Line 8b (128,336) Net economic benefit of fundraising events $ 191,638”

“Interfaith has partnered with The City of Dallas and United Way for the Dallas Rent and Utilities Assistance Collaborative (DRAC5). The City of Dallas, with the support of United Way of Metropolitan Dallas (UWMD), received just under $10 million and has granted these funds to nonprofit partners to distribute to families impacted by COVID. The Organization received approximately $250,000 for rent and utility assistance.”

“OTHER PROGRAM SERVICES 4: YOUTH SERVICES:Program for School-Aged Children: Interfaith has a 37-year history of helping homeless children defy the odds through its Hope & Horizons Afterschool and Summer Program. Individual contributions and grants from foundations, churches and nonprofits underwrite our afterschool and summer program for school-aged children. During the school year, Hope & Horizons takes place Monday through Friday from 3:00 to 6:30 pm. During the summer, Hope & Horizons takes place from 7:00 am to 6:30 pm, Monday through Friday. Last year, an outstanding 85% of children in the Hope & Horizons Program exited with one or more grade level improvement in reading, and 81% improved one or more grade levels in math. The success is expected to endure as nearly 85% of 2023 students remained on the A or B honor roll one year later. Additionally, 85% exited the program with increased confidence and aspirations.”