Joyce L Sobel Family Resource Center

“Form 990 Governing Body Review. A draft Form 990 is reviewed by the Treasurer, Director, and Financial Manager and changes are recommended. The Treasurer presents recommendations to the Board. The Board votes for approval, contingent on recommended changes, if applicable. The Treasurer signs.”

“Conflict of Interest Policy Compliance. Board members sign a conflict of interest statement at the annual meeting. When a conflict of interest is disclosed a conflict of interest form is filed by a board member detailing the information and it is acted upon by the Board.”

“CEO, Executive Director and Top Management Compensation. The board of directors determine the annual salary of the Executive Director after reviewing benchmarking data provided by the Treasurer.”

“Governing Documents, etc. available to the public. Once filed, the organizations Form 990 is made available to the public through www.guidestar.org and www.charitynavigator.org.”

“Part IX, Line 11g. List of Other Fees for Services Exp. The amount on line 11g of the Statement of Functional Expenses is for outside contract services, including mental health practitioners, coordinators and other agencies.”

“General Explanation Attachment. The San Juan Island Community Foundation maintains a fund for the benefit of our organization. The cash value of that fund, as of December 31, 2024, was $72,530.”

“Prior Period Adjustments, Line 8. Banner Bank general checking decreased by $124 to correct former bookkeeper error, undeposited funds decreased by $265, and an overpayment discovered to WA PFML of $530 resulting in a total increase in assets of $141. Accounts payable decreased by $2,930 due to a timing adjustment. Overall increase to net assets was $3,071.”