Restore Hope

“The Board of Directors has delegated broad authority to the Executive Committee to carry on the business of the organization in between meetings of the Board. The Executive Committee is made up of the Executive Director and all Board officers.”

“Prior to submission IRS Form 990 is emailed to all Board Members prior to filing”

“All officers, directors, key employees, and Covered Persons receive a copy of the Conflict of Interest Policy, and each is required to acknowledge receipt and understanding of the Policy and agree to abide by the Policy. Annually, each covered Person is required to review the Policy and report any new actual or potential conflicts of interest as outlined by the Policy: "Each Covered Person shall sign a Conflict of Interest report at the start of the Fiscal Year (or when they join the Board if mid-year), and report annually any changes to his/her business and charitable affiliations to the Board Chair. Every new Member of the Board will be advised of this policy upon entering the duties of his or her office, and shall sign a statement acknowledging, understanding of, and agreement to this policy. This list will be maintained in the Corporate Records of RESTORE HOPE and considered a matter of public record and will be available for review upon request by the public." Further, Board procedures in the event of a Conflict of Interest report are outlined in the RESTORE HOPE Conflict of Interest Policy.”

“Executive Director and other top management, officers, and key employees; the Executive Committee will obtain research and information to make a recommendation to the full Board for the compensation (pay and benefits) of the Executive Director (and other highly compensated employees or consultants) based on a review of comparability data. To approved the compensation for the Executive Director (and other highly compensated employees or consultants) the Board must document how it reached its decisions, including the date on which it relied, in minutes of the meeting, during which the compensation was approved. For example, the Executive Committee will secure data that documents compensation levels and benefits for similarly qualified individuals in comparable positions at similar organizations. This data may include the following: Salary and benefit compensation studies by independent sources; Written job offers for positions at similar organizations; Documented telephone calls about similar positions at both non-profit and for-profit organizations, and information obtained from the IRS Form 990 filings of similar organizations. Concurrent documentation: during the process of Board approval, documentation is needed and must include: A description of the compensation and benefits and the date which it was approved.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“To improve the health and well-being of vulnerable and disadvantaged communities in post-emergency settings by providing basic health, education, and income-generating activities in order to alleviate extreme poverty and empower communities to become their own agents of change”

“The organization switched from cash to accrual basis accounting for fiscal year 2023.”