Firm Foundations of Hope

“Part VI 11b. The Treasurer and the President/Executive Director have worked together to thoroughly complete the form. This being our first year, the President notified the Treasurer, who maintains all financial records, of the timeline. The treasurer prepared all the financial data, and the President reviewed it and did all the questions and explanations specific to programs. Both of us reviewed the information together to ensure proper classification and that all required schedules were completed. The 990 is being sent to all board members for review before submission.”

“12c. Board members and key employees are required to disclose any potential conflicts of interest. Decisions about who we do business with, compensation, partnerships and the like are handled by the board rather than just one person, so potential issues would come to the light easily. Our treasurer who does the accounting does not spend money but has eyes on all transactions. In business dealings, we get at least three estimates or quotes before choosing a vendor for services, especially if one is a potentially interested party or friend thereof, to ensure transparency in decisionmaking. Certification and disclosure forms are completed and reviewed annually.”

“19. All of our governing documents, conflict of interest policy, and financial statements have been available upon request during the tax year. After this, our first 990 filing, we will upload the pdf form to our Candid profile online for public viewing. We will also publish the key metrics in our annual report.”

“20. The organization's books and records are kept by: Genevieve R. Kocourek 3920 Van Dyke St. Detroit, MI 48214 (313) 6508565”

“Part VII. Section A 1a (1). The Executive Director was employed as such beginning January 1, 2025, so the compensation reflects half of the fiscal year. Previous to that date, the President/Executive Director was a volunteer and received no compensation.”