Medicine Fish Corp

“In 2024, the board approved an amendment to the bylaws granting the Executive Director authority to make operational financial decisions within approved budgets. This change was formally documented and approved by the board.”

“The form was prepared by the Treasurer in consultation with financial records, board minutes, and internal accounting systems. The complete and full draft of form 990 including all relevant schedules were provided to the board to review, members were given the opportunity for feedback, ask questions, and approve the return prior to its submission to the IRS after confirming transparency and accuracy.”

“During the tax year, Medicine Fish made its governing documents, conflict of interest policy, and financial statements available to the public upon request. Individuals could request access by contacting the organization directly via email or mail. The organization provides copies of its 990 and related filing upon request to ensure transparency and public trust.”

“Pilar Gauthier, Vice-President received $5,000 in 2024 from the organization which was reportable compensation for services outside the scope of her board duties. The compensation was paid for contracted work, specifically to develop a Child Safety Policy as per required by the Matthew Zell Family Foundation, and was approved by the board of directors and executive director. The individual was not compensated for governance responsibilities.”

“insurance for directors and officer was 1791, gifts was 1520, vehicle expenses were 21887, maintenance and other land care was 31026”

“the total support of 498349 reported on schedule A includes all contributions and grants received during the fiscal year. a portion of this support was used to fund the organizations programs, operations, and mission aligned purchases during the year. the resulting net assets at end of the year as shown on 990 part x line 33 reflect the unspent balance of those funds equalling 128,418.”

“The difference between the organization's net revenue for the year 9$63,491) and its ending net assets ($362,180) as reported on Part X, line 32, is due to the purchase of capital equipment during the year. These purchases totaled approximately $298,689 and were recorded as assets on the balance sheet in accordance with IRS 990 instructions and generally accepted accounting principles. As such they were not included in the total expenses reported in Part IX but they do contribute to the increase in net assets reflected at year-end.”