Equality Utah

“The form 990 is prepared by a cpa firm. It is reviewed for completeness and accuracy by the organization's contract cfo, the executive director, and the finance committee. A copy of the return is also provided to the full board or directors prior to filing.”

“The organization's conflict of interest policy is reviewed annually with board members and management. In addition, the conflict of interest policy is reviewed with new board members and before any large transactions are entered into or significant decisions are made. The organization requires that all board members and management annually disclose any potential conflicts of interest. When potential conflicts of interest are disclosed, the executive committee is responsible for reviewing those conflicts and determining the appropriate action to be taken, such as recusal from discussion and voting on issues related to the conflict.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon written request to the organization's offices.”

“Contract services 31,168 1,841 0 employee leasing other staff 23,643 5,633 0 total 54,811 7,474 0”

“Other direct special event expense 145,946 other direct special event expense -145,946”

“Basis of accounting the financial statements of the organization have been prepared on the modified cash basis of accounting, which is a comprehensive basis of accounting other than u.s. Generally accepted accounting principles (u.s. Gaap). This basis of presentation differs from u.s. Gaap in that revenues are recognized when received rather than when earned, and expenses are recognized when paid rather than when the obligation is incurred. Modifications to the cash basis of accounting include related-party accounts receivable and related-party accounts payable. Related-party receivables are recognized when paid by the organization on behalf of a related party. Related-party payables are recognized when expenses are paid by a related party on behalf of the organization.”

“No actual change in accounting method has occurred. In the prior year, the tax preparer indicated that the organization used the cash method of accounting. In the prior year, the organization actually had been using a modified cash basis of accounting.”