Raise a Child of the Carolinas

“Governing body review: finance committee member completes the 990 and submits to the finance committee which includes the organization's treasurer, who analyzes data and compares to prior year returns. Once completed, the 990 is submitted to the board of directors for approval, prior to submission to the irs”

“Conflict of interest policy compliance: members of the organization have access to a shared folder that contains policies and procedures including conflict of interest, approval of authorization limits, and other policies and procedures. Our public website includes our policies on indemnification, trademarks, and other pertinent information. Board members are are required to adhere to all conflict of interest policies. If an issue arises it must be brought to the attention of the entire board, and the member with the conflict must recuse themselves from both the discussion and related vote.”

“Ceo, executive director, top management compensation, other officers or key employees: the board reviews, compares, and votes on the compensation. The compensation must also fall within the approval threshold of the funder.”

“Governing documents, etc. Available to the public: all governing documents will be made available to the public upon request”

“The significant decline in contributions, program revenue, and overall expenses for the fiscal year ending 09/30/2024 is primarily due to a strategic organizational restructuring and the discontinuation of a major program that previously accounted for a substantial portion of both revenue and expenditures. In the prior fiscal year, this program generated considerable contributions and program service revenue; however, leadership determined that restructuring was necessary to ensure long-term sustainability and maximize community impact. As part of this decision, the organization paused certain activities to realign its resources, strengthen operational efficiency, and refocus efforts on core initiatives with the highest potential for measurable outcomes. The financial results for this fiscal year reflect that intentional transition. The organization remains in good financial standing, continues to meet its mission, and is positioned for growth in future periods as the restructuring plan is implemented.”