Our Valley Our Future

“| Explanation:| The process of our full board review of the 990 is as follows: The return is completed by the Treasurer a draft is sent to the Executive Board consisting of the Chairman Vice-Chairman Asst. Vice Chairman and the Secretary - as well as the Treasurer. After being reviewed the Executive Board approves sharing the document with the entire Board of Directors at the following monthly meeting. Questions are answered to everyone's satisfaction the full Board accepts the 990 return as presented and the Treasurer then files the return.”

“Contractor for Operations - Project Coordinator $ 77,500; Contractor - Communications Assistant $18,525; Film Production Services - $1,200”

“Our Valley Our Future has grown over the last several years. With annual contributions and expenses increasing we are updating our fiscal policies which includes changing from a cash basis non-profit to an accrual basis non-profit. The basic accounting procedures Our Valley Our Future OVOF uses shall conform to Generally Accepted Accounting Principles GAAP to ensure accuracy of information and compliance with external standards. purposes. The accrual basis is the method of accounting whereby revenue and expenses are identified with specific periods of time such as a month or year and are recorded as such incurred. OVOF's fiscal year runs from Jan. 1 through Dec. 31 each year. At the close of the fiscal year all expenses accrued are so accrued to ensure year-end financial statements reflect all expenses incurred during the fiscal yea”

“| Explanation:| Line 24a - Latino Communications Network - Contractor - 5,914; Other expenses - subscriptions etc. $1,336”

“| Explanation:| Line 24 - b - Several Game Changer Projects $59,543 - Regional Housing Solutions $17,573; Childhood Learning - $25,000; Others combined $16,970”

“| Explanation:| Line 24 c - Contractor - C-D Coalition of Health - leads and assists with Health Literacy program in the valley”

“| Explanation:| Our Valley Our Future is a collaborative non-profit organization that brings together residents and organizations to improve the region's quality of life. Its guiding document is its Action Plan which includes more than 86 projects and 6 game changers led by partnering organizations. Our Valley Our Future serves as a convener facilitator data-collector planner and communicator. We launched our latest Action Plan in March of 2022 and it encompasses 2022-2026. Next year we will begin the process for an updated Action Plan to cover 2027-2031.”