Humane Society of Sonoma County

“The tax return is reviewed by the finance director and executive director with feedback communicated to the tax preparer. The board of directors is furnished with an electronic copy of the tax return prior to filing.”

“Annually board and committee members are required to identify all potential situations and transactions that could result in a conflict of interest. In the event an activity or transaction arises whereby a conflict of interest exists, involved board members cannot participate in the decision-making or vote.”

“The executive director researches and proposes compensation packages for all employees. The board of directors reviews and approves these packages as part of the annual budget process. Moreover, the board shall review the fairness of compensation, including benefits , paid to the executive director upon the occurrence of the following: (a) the executive director is hired; (b) the executive director's term of employment is extended or renewed, or; (c) the executive director's compensation is modified, unless such modification occurs pursuant to a general modification of compensation that extends to substantially all employees.”

“The society's governing documents, tax returns and financial information are kept in the main office. Copies of these documents are available upon request. The society maintains a website and has provided contact information therein. In addition, the society's tax returns are available on the guidestar website.”

“During the preparation of the financial statements as of and for the year ended june 30, 2025, the society identified certain endowment and other investment accounts that were not included in prior year financial statements. As a result, prior period adjustments were recorded to properly reflect these investment accounts on the society's statement of financial position. These corrections resulted in a difference between the prior year ending balances reported on schedule d, part v (endowment funds) and the current year beginning balances. Specifically, net assets with donor restrictions related to endowment funds increased by $258,172 as of july 1, 2024 due to the inclusion of previously omitted investment accounts. In addition, net assets with donor restrictions related to operations increased by $138,255 as of july 1, 2024. In total, net assets with donor restrictions were restated from $3,433,297 to $3,829,724 as of july 1, 2024.”