Sharing Hope Ministries Inc

“Members of the board of directors are not elected, but new members of the board are presented to the board by the nominating committee for approval by the board of directors.”

“A copy of the return is provided to the finance committee. After review and any corrections are made, the electronic filing authorization is returned to the accountant for electronic filing of the tax return. Copies of the form 990 are provided to each board member subsequent to presentation of the audit and form 990 to the finance committee.”

“Each director, principal officer, and member of the management staff annually signs a statement which affirms that each person: has received a copy of the conflict of interest policy has read and understands the policy has agreed to comply with the policy, and understands sharing hope ministry, inc. Is charitable and in order to maintain its federal tax exemption, must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Transactions 2,000 and over with related parties who have a conflict of interest are prohibited. Transactions under 2,000 are allowed. The interested party is excluded from the discussion and approval of the transaction. Under certain circumstances, the board may vote to allow transactions with related parties. With board approval, relatives of board members may be employed by sharing hope ministry, inc. The board member does not participate in hiring the employee or determining his/her salary and benefits.”

“Compensation for the director is determined and approved by the board of directors.”

“Governing documents are maintained at the offices of sharing hope ministry, inc. In amarillo, texas, and are available upon request from the general public.”

“Only contributed accounting services met the requirement for recognition in the financial statements. Accounting services valued at 1,800 were recorded as professional services expense. Many individuals volunteer their time and perform a variety of tasks that assist sharing hope ministry, inc. In program activities, fundraising projects, and other special projects, but these services did not meet the criteria for valuation and recording in the financial statements. More than 7,987 volunteer hours were received during the year.”

“To assist incarcerated women and women in recovery in overcoming destructive behavior by sharing god's love and hope through the teaching of his word and by equipping them with life skills.”