Faith in Action Network

“Pico 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 july 2017.”

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

“Board member compensation - board member compensation is unrelated to his/her position on the board of directors. Fees paid relate to honorarium and/or strategic consulting fees.”

“Care, improve public schools, make neighborhoods safer, build affordable housing, redevelop communities and revitalize democracy. Pico helps engage ordinary people in public life, building a strong legacy of leadership in thousands of local communities across america. Nonpartisan and multicultural, pico 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 pico. With more than 1,000 member institutions representing one million families in 150 cities and 17 states, as well as a growing international effort, pico 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.”

“Federation consulting: program service expenses 151,443. Management and general expenses 23,094. Fundraising expenses 0. Total expenses 174,537. It consulting: program service expenses 73,285. Management and general expenses 3,323. Fundraising expenses 5,322. Total expenses 81,930. Net other consulting: program service expenses 1,332,047. Management and general expenses 477,663. Fundraising expenses 76,661. Total expenses 1,886,371.”