New Horizons - Serving Individuals with Special Needs

“Form 990 is prepared by an independent cpa, reviewed and approved by management and the audit committee, and submitted to board of directors executive committee for final approval. A copy of the final form 990 is then sent electronically to all board members prior to it being filed.”

“A conflict of interest policy has been approved by the board of directors. A conflict of interest disclosure statement is furnished annually to each director, officer, and member of the executive staff of the organization. The forms are reviewed and signed by each member with any conflicts noted and returned to the staff member who handles board affairs.”

“Each year, the board reviews the performance of the chief executive officer in keeping with procedures outlined in the new horizons board orientation manual. As a part of this yearly review process, the chief executive officer provides a self review of performance, and the board's executive committee develops an evaluation to submit to the board. The review also includes a comparison of the new horizons chief executive officer's compensation with that of other nonprofit organizations as compiled by an external survey developed by the center for non-profit management or other reputable independent source. Final decisions regarding compensation and the outcomes of the review, including any recommended performance-improvement actions, are voted on by the full board following a presentation of findings by the executive committee at a regular board meeting. The chief executive officer does not attend this part of the board meeting. Rather, the chair of the board conveys decisions reached by the full board to the chief executive officer on the board's behalf. Documentation of the review process, compensation comparison data and compensation decisions are kept in files held by the board chair. The head of the new horizons human resources unit also keeps duplicate files. All aspects of the review process and all related documents will be kept confidential and shared only on a need-to-know basis with the approval of both the board chair and the chair of the governance committee. Similar policies and procedures are followed for other officers and key employees.”

“Governing documents, conflict of interest policies, and financial statements are available to executive staff and the board of directors. Upon request from the general public, the organization will provide access to these documents as required by law.”