Policylink

“Form 990 is prepared by an independent CPA Firm in conjunction with the Organization's Accounting Manager and CFO. A draft of 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 is 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.”

“PolicyLink makes its financial statements, organizing documents, and conflict of interest/ethics policy available to the public upon request.”

“Other Project Consultant Fees: Program service expenses 722,295. Management and general expenses 1,250. Fundraising expenses 3,399. Total expenses 726,944. Food Portal: Program service expenses 259,164. Management and general expenses 0. Fundraising expenses 0. Total expenses 259,164. Open Box - Health Equity Fellows: Program service expenses 135,700. Management and general expenses 0. Fundraising expenses 0. Total expenses 135,700. Kellogg National Equity Atlas: Program service expenses 109,007. Management and general expenses 0. Fundraising expenses 0. Total expenses 109,007. Healthy Food Financing Initiative: Program service expenses 87,956. Management and general expenses 0. Fundraising expenses 0. Total expenses 87,956. Asset Building: Program service expenses 80,712. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,712. Leading Edge Fellow: Program service expenses 75,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 75,000. Communications: Program service expenses 70,993. Management and general expenses 0. Fundraising expenses 0. Total expenses 70,993. Temporary Agencies and Casual Labor: Program service expenses 63,013. Management and general expenses 14,437. Fundraising expenses 865. Total expenses 78,315.”

“The Organization has not changed its oversight process, nor the selection process, during the tax year.”