Barr Center

“The barr center finance and audit committee has the authority to select the external audit firm.”

“The board member and management review the form 990 prior to filing with the irs. The form is provided in advance of the board meeting and the form is reviewed and any questions addressed during the board meeting to identify if any edits are required prior to the board approving the form 990 to be filed.”

“All board members are covered by the policy. Disclosures are reviewed by the executive director, if conflict is noted, the board and executive team is made aware to ensure any conflict of interest does not generate any conflict when approving payments or allocation of resources and does not interfer with independence and loyalty to duties provided to the barr center. If a conflict exists, the board member with the conflict shall not vote or use his or her personal influence to adress the matter, and he or she shall not be counted in determining the quorum for the meeting. All conflicts disclosed to the board will be made a matter of record in the minutes of the meeting in which the disclosure was made, which shall also note that the board member with a conflict abstained from the vote and was not included in the count for the quorum for that meeting.”

“Board of directors (excluding the executive director) reviews and determines executive director compensation. Mn council of nonprofits salary survey and other 990 executive compensation for comparable organizations was used. The process was discussed at the board and the compensation was approved as part of the fiscal year budget process. This review process was completed in may/june 2020 and determined compensation for fiscal year 2021. The executive director was hired 7/1/20 and therefore fiscal year 2020 was the first year of employment. The vice chair of the board of directors signed the initial employment agreement. The executive director and deputy director determine compensation and any compensation changes. Market data and compensation for similar positions is used for comparability. Decisions are documented through an approved salary change report prior to being communicated to staff and implemented in the payroll system by the accounting/payroll team. These processes have not been reviewed and approved by independent persons other than barr centers board members.”

“Governing documents, conflict of interest policy, and financial statements are not available to the public”

“Payroll processing: program service expenses 0. Management and general expenses 2,875. Fundraising expenses 0. Total expenses 2,875. Marketing: program service expenses 221,545. Management and general expenses 0. Fundraising expenses 0. Total expenses 221,545. Other contracted services: program service expenses 1,149,442. Management and general expenses 3,526. Fundraising expenses 1,725. Total expenses 1,154,693.”

“Barr center formed its finance committee of the board which oversees and selects the independent audit firm to conduct the organization's financial statement audit.”