Safe Place for Youth Inc

“After the 990 is prepared by the cpa firm, the chief executive officer and chief financial officer review the return for completeness and accuracy. Subsequent to their review, the 990 is presented by the cpa firm to the audit and executive committee for discussion, review, and edits. The final draft, including all schedules, is then provided to the board for review before e- filing with the irs.”

“All spy employees and members of the board are covered under the conflict of interest policy. All employees and members of the board of directors are expected to use good judgment, to adhere to high ethical standards, and to act in such a manner as to avoid any actual or potential conflict of interest. A conflict of interest occurs when the personal, professional, or business interests of an employee or board member conflict with the interests of the organization. Both the fact and the appearance of a conflict of interest should be avoided. The guidelines in the policy do not attempt to describe all possible conflicts of interest that could develop. Example of conflicts of interest include, but are not limited to: -using confidential information (printed, electronic, or otherwise) for personal gain to spy's detriment or the detriment of a client, employee, board member, or donor; -soliciting or accepting gifts, gratuities, favors, or anything of monetary value from persons having business relationship with spy; - acquiring any interest in property or assets of any kind for the purpose of selling or leasing to spy; - accepting gifts, grants, loans and favors from person having business relationship with spy; or - a joint venture or investment with persons having business relationships with spy. In the event it is not clear that a conflict of interest exists, the individual with the potential conflict shall promptly disclose the circumstances to the executive director. Failure to promptly disclose actual or potential conflicts of interest to the executive may result in discipline, up to and including dismissal from employment.”

“Spy's board of directors has a process for reviewing and approving the compensation of officers on a regular basis to determine it is fair and reasonable with the goal of retaining employees at compensation levels within appropriate market range. The process for determining the compensation paid to the ceo and cfo includes the approval of the compensation arrangement in advance, by the board of directors, with all persons with a conflict of interest abstaining from the board's deliberation and discussion. The board reviews data of comparable compensation for similarly qualified nonprofit executives at similarly situated entities. The documentation of the board includes the terms of the transaction and the date of approval, the members who were present during the debate and vote on the transaction, a description of the comparable data and how it was obtained, and documentation of the basis for the determination.”

“Some or all of these items may be available upon request, however current tax law does not require governing documents, the conflict of interest policy or financial statements be provided to the public.”

“Payroll administration: program service expenses 28,937. Management and general expenses 3,486. Fundraising expenses 2,440. Total expenses 34,863.”