Foundation for an Independent Tomorrow

“Process of review of form 990 the process of filing and presenting the return is as follows: the return is received and reviewed by the treasurer and ceo of the foundation for an independent tomorrow. At the next board meeting, which may not be before the return is filed, the treasurer presents the return as part of his/her treasurer's report for approval from the board. The ceo signs the electronic filing authorization allowing the cpa preparing the return to file the return in a timely manner.”

“Officers, directors, and key employees are required to disclose conflicts of interests immediately. Board members receive and sign a copy of the board governance document which addresses conflicts of interest. Ceo examines all contracts for potential conflicts of interest.”

“The treasurer for the foundation for an independent tomorrow determines the amount of donated compensation of the top employee/executive director based upon experience and knowledge of compensation paid by other organizations for executive director services.”

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

“The primary purpose of foundation for an independent tomorrow (fit or the foundation) is to help motivated underemployed and unemployed southern nevadans escape the cycle of dependency on public assistance and lead financially independent lives. The foundation seeks to meet this goal by empowering clients to complete vocational education or job training in order for them to be able to obtain a job that pays a living wage. This is accomplished by: 1. Providing one-on-one guidance from case managers for everything from vocational testing to determine a candidate's interests and abilities in the workplace, to helping clients deal with the stresses of school, 2. Providing access to community resources to assist with educational funding, counseling needs, or to address barriers a client may have to obtaining an education, and 3. Providing financial support in the form of vouchers to assist with transportation, childcare, or clothing needs as well as making payments on behalf of a client for tuition, books, supplies, certification, and licensing fees.”

“The organization's process of oversight or selection has not changed from prior year. The board of directors still assumes the responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”