Policylink

“Form 990 is prepared by an independent cpa firm in conjunction with the organization's accounting manager and cfo. A draft form 990 is then reviewed by the accounting manager and cfo, and any corrections/modifications are then made by the outside cpa. The revised draft is then reviewed by the cfo and vice president for strategic direction. Any concerns that the cfo has are raised with the cpa firm, and, when necessary, the vice president. When a consensus achieved, the return is then finalized and electronically filed with the taxing authorities. The filed form 990 is submitted to the entire board of directors.”

“Board members renew their conflict of interest statement annually. In the statement, they pledge to alert the organization of any conflicts as they arise, not just on an annual basis.”

“The salary for the ceo was approved by the board of directors, after a review of compensation data for the same position in similar organizations, compiled from nonprofit industry surveys, as well as information from specific organizations of similar impact. The salaries for the vice president and cfo were set by the ceo.”

“Financial documents are available on guidestar.”

“Center for health, equity and place: program service expenses 451,875. Management and general expenses 0. Fundraising expenses 0. Total expenses 451,875. Center for infrastructure equity: program service expenses 566,751. Management and general expenses 0. Fundraising expenses 0. Total expenses 566,751. Cradle to career programs: program service expenses 811,848. Management and general expenses 0. Fundraising expenses 0. Total expenses 811,848. Equitable economy: program service expenses 649,656. Management and general expenses 0. Fundraising expenses 0. Total expenses 649,656. Other projects: program service expenses 57,117. Management and general expenses 4,578. Fundraising expenses 338. Total expenses 62,033. Temporary agencies and casual labor: program service expenses 48,001. Management and general expenses 944. Fundraising expenses 685. Total expenses 49,630. Grants and allocations: program service expenses 9,451. Management and general expenses 28. Fundraising expenses 20. Total expenses 9,499.”