First Place for Youth

“A copy of the form 990 is provided to the board of directors at a regularly scheduled meeting. The form 990 is reviewed and approved by the audit committee before filing with the internal revenue service.”

“The executive committee reviews potential conflicts and any related party transactions.”

“First place for youth executive compensation policy the bylaws of first place for youth establish an executive committee that has general oversight of the organization's human resource plan. Specific duties include yearly evaluation of the chief executive of the organization. A competent salary survey is used to benchmark compensation for the position utilizing industry-specific reports and other studies. The committee meets independent of the chief executive to discuss performance relative to the position description. During these deliberations, the committee also considers input obtained from other board members, staff, professional advisors, grant recipients, and other informed community leaders. Once a consensus is reached regarding performance, a similar discussion is held concerning compensation relative to annual benchmark and established objectives. The committee presents its findings and recommendations, in an executive session without the chief executive present, to the full board for review and approval. The committee and/or the board chair (a member of the committee) then meet with the chief executive to discuss and document strengths, weaknesses, and goals for the upcoming year. Compensation for the upcoming year is also discussed and documented. The board votes on any changes to the salaries of the ceo and cfo. Both salaries require approval.”

“Documents required to be available to the public are provided with a written request to the organization.”

“Youth support: program service expenses 442,536. Management and general expenses 0. Fundraising expenses 0. Total expenses 442,536. Organizational expenses: program service expenses 135,818. Management and general expenses 138,004. Fundraising expenses 88,484. Total expenses 362,306. Housing repairs and maintenance: program service expenses 291,274. Management and general expenses 15,228. Fundraising expenses 994. Total expenses 307,496. Move-in support: program service expenses 206,744. Management and general expenses 0. Fundraising expenses 0. Total expenses 206,744. Community building events: program service expenses 82,045. Management and general expenses 0. Fundraising expenses 32. Total expenses 82,077. Computer & office equipment: program service expenses 44,153. Management and general expenses 15,101. Fundraising expenses 6,459. Total expenses 65,713. Program supplies: program service expenses 55,875. Management and general expenses 0. Fundraising expenses 252. Total expenses 56,127. Host home provider stipends: program service expenses 40,775. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,775. Clinical supervision: program service expenses 20,270. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,270. Miscellaneous: program service expenses 6,354. Management and general expenses 161. Fundraising expenses 0. Total expenses 6,515.”

“No change in the audit committee oversight process.”