Babies of Homelessness

“The IRS Form 990 is prepared by a contract CPA and reviewed by the board treasurer, who then makes a recommendation to the full board regarding approval. The full board receives a complete copy of the 990 prior to submission.”

“All member of the BOH board and all staff are expected to use good judgement, adhere to high ethical standards, and act in such a manner as to avoid any actual or potential conflict of interest. Upon or before hire or election, each employee and board member must provide a full written discloure of all direct or indirect finanical interest that could potentially result in a conflict of interest. This written disclosure will be kept on file and will be update annually as needed. Employees and board members must disclose any interests in a proposed transaction or decision that may create a conflict of interest. After disclosure, the employee or board member will not be permitted to participate in the transaction or decision. On an annual basis, and the direction of the executive director, all employees and board members will be required to re-certify that all conflicts of interest have been disclosed and resolved. Should there be any dispute as to whether a conflict of interest exists, the Executive Director will determine whether a conflict of interest exists for an employee, and will determine the appropriate responese. The board will determine whether a conflict exists for a board member or the executive director and will determine the appropriate response.”

“The Executive Committee will obtain research and information to make a recommendation to the full board for the compensation data. To approve the compensation, the board must document how it reached its decisions, including the data on which it relied, in the minutes of the meeting during which the compensation was approved. The chair of the board will operate independently without undue influence from the executive director. No member of the executive committee will be a staff member, nor have any relationship with staff that could present a conflict of interest.”

“Forms 990, impact reports and other financial data are made available on our website and upon request, to demonstrate a commitment to transparency, and make it easier for those seeking financial information.”