Miracle Flights

“The board members have reviewed the 990 along with the organization's team of professional advisors, including the CEO and accountants. The organization continues to recruit new board members who are committed to expanding program services and possess the appropriate ethics and skills to provide leadership, financial oversight, risk management, program monitoring and evaluation, and strategic planning.”

“The organization requires annual disclosure of any conflicts of interest. board members must provide signed statements regarding compliance, and these signed documents are included in the minutes of the board meeting.”

“When determining compensation for the organization's CEO, the board of directors, through its Compensation Committee, made up of independent voting members, strictly adheres to IRS requirements regarding executive compensation. The compensation committee and board of directors relies upon a highly regarded national compensation survey that provides extensive survey data as to comparability of the services rendered including organization type, geographic area, annual budget, number of employees, and years of service. The Compensation Committee also analyzes the compensation of executives at other non-profits and for-profit organizations that operate nationally, are of a similar size or in a similar field of activity. Review and approval of CEO compensation is documented in the meeting minutes.”

“All required public documents are available on the organization's website after being approved by the board and published by the internal revenue service.”

“Other Professional Fees: Program service expenses 119,859. Management and general expenses 60,404. Fundraising expenses 0. Total expenses 180,263.”

“Printing: Program service expenses 5,550. Management and general expenses 1,332. Fundraising expenses 518. Total expenses 7,400. Seminars and Education: Program service expenses 0. Management and general expenses 6,976. Fundraising expenses 0. Total expenses 6,976. Postage: Program service expenses 3,770. Management and general expenses 905. Fundraising expenses 352. Total expenses 5,027. Repairs: Program service expenses 0. Management and general expenses 3,924. Fundraising expenses 0. Total expenses 3,924. Bank Fees: Program service expenses 1,188. Management and general expenses 285. Fundraising expenses 111. Total expenses 1,584.”

“This process has not changed from previous years.”