Eco-Cycle Inc.

“The executive committee shall be a standing committee empowered to act on behalf of the board between meetings, in emergency situations and as needed. All actions of the executive committee shall be confirmed by the full board at the next regularly scheduled meeting following executive committee action.”

“Martha matsch, a deputy director, is the sister of dan matsch, who is the compost department director.”

“The form 990 is prepared by the organization's public accounting firm based on information provided by the management. Once a draft of the filing is available, the form 990 is reviewed by the finance committee who approves the form 990 before filing. A copy is made available to the board prior to filing.”

“On an annual basis, or as needed, the board is asked to review and disclose any potential conflicts of interest they may have. The organization has a form that details areas of potential conflict that they consider and fill in and then the board reviews whether anything listed (if anything), is a conflict of interest. Additionally, the board president and executive director actively monitor any concerns. If a concern were to be raised, the organization does have a mechanism by which the entire board can review, discuss and come to a determination on the concern. These deliberations are recorded in the meeting minutes. The conflicted person will not be permitted to participate in the transaction or decision if it is determined a conflict of interest exists.”

“The executive director's compensation is determined annually by the full board of directors as part of the evaluation process. First board members individually complete the evaluation form with numeric ratings and a narrative justification. The president of the board consolidates the ratings, recommends an overall rating and proposes compensation. The proposed compensation is based on the rating and is compared to similar positions on the annual colorado nonprofit salary and benefits survey. Final salary is approved or modified by vote of the board. Managers are reviewed by the executive director. Pay was last reviewed in 2022 for the executive director and managers.”

“Eco-cycle makes its governing documents available on the organizations website as well as upon request. The organization does not make its financial statements or conflict of interest policy available to the public.”

“Contract services: program service expenses 2,425,542. Management and general expenses 30,340. Fundraising expenses 30. Total expenses 2,455,912.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”