Casa Esperanza Inc.

“The executive committee consists of 6 board members who may act on behalf of the board.”

“Form 990 is provided to the budget & finance committee of the board for its review and copies are then e-mailed to board members who can ask questions at the board meeting.”

“Each member of the board of directors is required to sign conflict of interest forms every year. Potential conflicts are noted in the minutes and monitored throughout the year.”

“The executive committee of the board of directors annually reviews and approves the compensation of management and staff after performing research and comparative analyses. The executive director recommends salaries for everyone other than herself. She does research through the association of fundraising professional annual report for salaries and by comparisons from information sought from other similar size organizations. Then she includes the selected salaries in the fiscal year personnel budget presented for approval to the executive committee. After this committee approves, the personnel budget goes to the full board for approval as one lump sum without the individual employee details.”

“The organization posts its latest audited financial statements and 990's on its website. The organization's 501(c)(3) letters, conflict of interest policy and governing documents are provided on request. It also provides its financial, gift and investment policies on request. In addition, the organization has an electronic copy of these documents at guest services so that they can be e-mailed or printed and sent by u.s. Mail to those who request them. This process is consistent with prior years.”

“As disclosed in schedule r, this organization is related to casa esperanza endowment foundation, inc and shares employees with them. Each organization separately pays the employees for the services performed by the employee for them.”

“Other professional fees: program service expenses 39,145. Management and general expenses 8,241. Fundraising expenses 16. Total expenses 47,402.”

“Printing and publications: program service expenses 1,069. Management and general expenses 809. Fundraising expenses 1,029. Total expenses 2,907. Staff and donor recognition: program service expenses 131. Management and general expenses 965. Fundraising expenses 1,199. Total expenses 2,295. Other expenses: program service expenses 1,481. Management and general expenses 1. Fundraising expenses 0. Total expenses 1,482. Board expenses: program service expenses 26. Management and general expenses 1,359. Fundraising expenses 0. Total expenses 1,385. Fundraising expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses 889. Total expenses 889. Bad debt expense: program service expenses 675. Management and general expenses 0. Fundraising expenses 0. Total expenses 675. Reclass assistance to individuals: program service expenses -49,818. Management and general expenses 0. Fundraising expenses 0. Total expenses -49,818.”

“The board of directors assumes responsibility for the oversight of the audit of the financial statements and selection of an independant accountant. This process has not changed from the prior year.”