Exodus Ministries Inc

“The Treasurer, a CPA, prepares the Form 990. The Form 990 is provided to the Board Chairman and Vice Chair prior to final completion of the return by the Treasurer. After this review, and correction of errors and ommissions, the finalized return is provided to the members of the Board, for approval, prior to the filing of the return with the Internal Revenue Service.”

“The organization's financial statements, operating reports, conflict of interest policy, and governing documents are made available upon written request to the organization.”

“The organization's conflict of interest policy covers any director, officer, or member of a committee with governing board delegated powers,who has a direct or indirect financial interest. The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. The board members are required to disclose any activity that could give rise to a conflict of interest to the Board Chair.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 Executive Committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or Executive Committee members shall decide if a conflict of interest exists.If the Board or Executive Committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose.”

“Compensation is determined by the board of directors. The organization uses outside data to determine the compensation package. The compensation is established and voted on only by those members of the governing body that are independent. The compensation is documented in writing by the organization.”