Holmes County Education Foundation Inc

“A draft of the Form 990 is reviewed by the Board of Directors prior to filing. Board members are given the opportunity to review and comment on the form before submission.”

“Board members complete an annual disclosure form and any potential conflicts are discussed and recorded in meeting minutes. The organization president oversees annual compliance.”

“Governing documents, conflict of interest policy, and financial statements are made available to the public upon request via email or mail. Requests may be directed to the address listed in Part VI, line 20.”

“There are no material differences in voting rights among members of the governing body. All voting members have equal authority, and the board did not delegate broad authority to any executive or other committee during the tax year.”

“Fees for services (nonemployees) include contracted services for curriculum facilitation, project implementation, and professional development.”

“The organization uses the cash basis of accounting. It did not undergo an independent audit, review, or compilation during the tax year and was not subject to the Single Audit Act or Uniform Guidance audit requirements, as it did not expend $750,000 or more in federal funds.”

“The organization did not engage an independent accountant for audit, compilation, or review services during the tax year. No audit oversight committee is in place, as the organization was not subject to any such requirements. Financial records are maintained internally using the cash method of accounting.”