Waco Habitat for Humanity

“The form 990 is prepared by an accounting firm with information provided by the executive director, director of finance, and board treasurer. The board excutive committee and executive director review the information provided to the preparer before the 990 is filed.”

“The conflict of interest policy is included as a part of the personnel manual which is distributed to every employee. It is also included in the board of directors' packet. The policy is reviewed by the staff and board on an annual basis and applies to all staff and board members. If a conflict of interest exists with any staff member (other than the executive director) it will be reviewed by the executive director. If a conflict of interest exists with any board member or the executive director, it will be reviewed by the board. If anyone has a conflict of interest regarding a transaction, they are prohibited from participating in deliberations or decisions regarding the transaction. The executive director monitors transactions so that no undisclosed conflicts of interest arise throughout the year.”

“The compensation for the executive director is reviewed on an annual basis by the executive committee. The executive committee makes a recommendation to the board regarding the compensation of the executive director, which is subject to approval by the full board.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public by request at its office at 220 n 11th street, waco,tx, as well as a public disclosure copy available on its website.”

“No change was made to the process.”

“Waco habitat for humanity is committed to efficiency and transparency. We communicate with our supporters, donors and prospective donors by email, postal mail, phone and other means, both to request contributions to our cause and to educate the public about whfh's year-round programs, volunteer opportunities, and other events in local communities and around the world. These efforts help advance our mission to put god's love into action by bringing people together to build homes, communities and hope. As a nonprofit organization that is exempt from federal taxation, we ensure our donors' money is spent as efficiently and effectively as possible. Additionally, we have certain expenses that cannot be billed separately for each functional area. Occupancy costs, utilities, information technology and other costs are grouped together. We allocate these costs in compliance with generally accepted accounting principles, or gaap, across the program, management and general, and fundraising categories. Finally, some staff members have responsibilities that cross over functional areas. To calculate the time allocation, whfh divides the number of hours spent on a project outside of a staff member's designated expense category by the total hours worked during that period and allocates that percentage of costs to the appropriate expense category.”