Together for Hope

“During fiscal year 2023/2024, the organization's payroll was handled by cooperative baptist fellowship.”

“A draft of the form 990 is sent to the board of directors via email. Form 990 is reviewed and any questions that arise from the board members are answered and/or cleared prior to the filing of the return.”

“Directors will receive this conflict-of-interest policy and procedures and shall be required to sign and date the policy disclosure form at the beginning of their term of service. Directors also shall be required to sign and update the policy disclosure form at the beginning of each calendar year. Failure to update or sign the policy disclosure form, however, does not nullify a director's obligations under this policy.”

“Although together for hope is a nondenominational entity, it follows the compensation structure that the denominational entities use to determine compensation and includes a 3% cost of living increase every year.”

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

“Consultants: program service expenses 107,399. Management and general expenses 18,953. Fundraising expenses 0. Total expenses 126,352.”

“Prior year adjustment to agree cash to accrual basis of accounting 308,516.”

“The auditor meets with the board of directors making a full presentation at the completion of the audit for the year answering any of the board's questions. The auditor works closely with the board of directors during the year should any concerns arise.”

“Drafts of these policies are being developed with plans to adopt at the next board meeting.”

“For fiscal year ended 9/30/2024, the organization had financial statements audited in accordance with generally accepted accounting principles which were presented on the accrual basis of accounting. As a result, a change was made to report consistently using the accrual method of accounting on form 990 for the current fiscal year. As a result, an adjustment was made to prior year net assets in the amount of $308,516.”