Faith in Action Network

“Faith in action has an audit committee that works directly with an outside cpa firm. The audit committee confirms the contract for the audit and the completion of the 990. The completed 990 is submitted to the audit committee and upon their approval is presented to the entire board at the fall board meeting for their review and approval.”

“The organization distributes the conflict of interest policy to board members, officers and key employees annually. They are required to sign the conflict of interest policy every year. Board members, officers, and key employees are required to disclose conflicts to the board, officers or a committee.”

“The compensation of the executive director is reviewed and approved by the executive committee using comparability data, performance reviews and work experience. The compensation of other officers or key employees is reviewed and approved by the executive committee using comparability data, performance reviews and work experience. The most recent compensation review took place in january 2019.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“To health care, improve public schools, make neighborhoods safer, build affordable housing, redevelop communities and revitalize democracy. Faith in action network helps engage ordinary people in public life, building a strong legacy of leadership in thousands of local communities across america. Nonpartisan and multicultural, faith in action network provides an opportunity for people and congregations to translate their faith into action. More than 40 different religious denominations and faith traditions are part of faith in action network. With more than 1,000 member institutions representing one million families in 150 cities and 17 states, as well as a growing international effort, faith in action network is one of the largest community-based efforts in the united states. Together we are lifting up a new vision for america that unites people across region, race, class, and religion.”

“Organization contracts: program service expenses 17,688. Management and general expenses 8,734. Fundraising expenses 2,843. Total expenses 29,265. It consultants: program service expenses 314,625. Management and general expenses 155,353. Fundraising expenses 50,572. Total expenses 520,550. Other consultants: program service expenses 2,003,979. Management and general expenses 989,511. Fundraising expenses 322,116. Total expenses 3,315,606.”

“Loss on early lease termination -761,075.”

“This return is being amended to update the financial information to agree with the final audited financial statements. Preliminary financial information was previously reported on the form 990 to meet the irs filing deadline. These following parts were updated: - form 990, parts i, iii, viii, ix, x, and xi - schedule a, part ii - schedule b - schedule c, part ii-a - schedule d, parts v, xi, and xii - schedule i part ii - schedule o.”