Little Sisters of the Poor

“Before submission to the irs, the preparer provided each member of the board of directors and the development office director a final draft of the return, reviewed the organizations activities and informed them of tax laws pertaining to little sisters of the poor. This process ensures little sisters of the poor meets all necessary requirements.”

“Directors, officers, and all employees who influence the actions of little sisters of the poor are covered under the policy. Conflict of interest may be defined as an interest, directly or indirectly with any persons or firms involved with little sisters of the poor. Transactions with parties with whom a conflicting interest exists may be undertaken only if the conflicting interest is fully disclosed. The person with the conflict of interest is excluded from the discussion and approval of such transaction. A competitive bid or comparable valuation is presented and the board or a duly constituted committee thereof determine whether the transaction is in the best interest of the organization.”

“Compensation for the board members, ceo's and employees is based on reasonable compensation that would be paid for like services by like enterprises under like circumstances. The officers, directors and trustees are members of the congregation of the little sisters of the poor and take a vow of poverty rendering them ineligible for compensation benefits.”

“Upon appointment, the governing documents, conflicts of interest policy and the financial statements can be reviewed on site or by a request in writing. The information will be distributed accordingly.”

“Other contracted services: program service expenses 33,305. Management and general expenses 1,292. Fundraising expenses 82. Total expenses 34,679. Consultants: program service expenses 16,052. Management and general expenses 35,862. Fundraising expenses 34. Total expenses 51,948. Maintenance services: program service expenses 92,011. Management and general expenses 3,575. Fundraising expenses 223. Total expenses 95,809. Security services: program service expenses 180,981. Management and general expenses 7,031. Fundraising expenses 439. Total expenses 188,451. Dietary services: program service expenses 1,389,591. Management and general expenses 53,988. Fundraising expenses 3,368. Total expenses 1,446,947. Purchased pool service: program service expenses 1,641,784. Management and general expenses 63,786. Fundraising expenses 3,980. Total expenses 1,709,550. Lab services: program service expenses 19,924. Management and general expenses 774. Fundraising expenses 48. Total expenses 20,746.”

“Change in value of charitable remainder trust 284,658. Bad debt expense -1,547,108.”

“The organization did not change its oversight process or selection process during the tax year.”