Camp Eagle

“The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the Executive Director. A copy of the Form 990 was provided to the organization's Board of Directors for review prior to being filed with the Internal Revenue Service.”

“The Executive Director and Board of Directors monitor all significant activities for conflict of interest and ensure compliance with policy if situations are identified. Officers and Board members sign annual conflict of interest statements which are reviewed by the Board. Should any potential conflicts of interest be disclosed, the Board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“Compensation of the Executive Director is determined by the Board of Directors based on their knowledge of comparable positions and the Camp's economic resources. Deliberation is documented in the board minutes and the Director's employee file. Compensation of key employees is determined by the Executive Director based on comparable positions within and without the organization, the Camp's resources and past performance. Documentation of deliberations, evaluations, and compensation level is maintained in the employee file.”

“All governing documents, The Camp's conflict of interest policy and most recent audited financial statements are available to the public upon request.”

“In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 9/30/2018. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Net assets without donor restrictions Line 27 - Unrestricted net assets $11,725,015 Net assets with donor restrictions Line 28 - Temporarily restricted net assets 949,498 Line 29 - Permanently restricted net assets 4,022,000 ----------- Subtotal $ 4,971,498 ----------- Total net assets $16,696,513”

“The organization's Board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”