Project Independence

“The board nominates board members for the audit committee. The audit committee reviews the finanical documents and tax returns before they are submitted and finalized.”

“The board reviews all issues regarding conflict of interest.”

“The organization utilizes compensation surveys and studies and board approval to establish that compensation is reasonable. The executive director's compensation was reviewed for the fiscal year ended june 30, 2019. The boards of directors form a review board each year to review the executive director's job description and job performance. They approve any pay increases or additional benefits for her position. The senior managers are evaluated by the executive director every few years. No wage increases or other forms of compensation have been made to the management team in the past year, except for kathy grunwald, controller.”

“The form 990 is available on guidestar. The form 1023 and form 990 are available upon request.”

“Copies of governing documents, conflict of interest policy, and financial statements are available upon request.”

“Other fees: program service expenses 198. Management and general expenses 13,797. Fundraising expenses 0. Total expenses 13,995.”

“Program activities: program service expenses 39,771. Management and general expenses -21. Fundraising expenses 0. Total expenses 39,750. Telephone: program service expenses 29,909. Management and general expenses 4,498. Fundraising expenses 509. Total expenses 34,916. Staff development: program service expenses 839. Management and general expenses 12,331. Fundraising expenses 547. Total expenses 13,717. Printing: program service expenses 1,184. Management and general expenses 3,122. Fundraising expenses 0. Total expenses 4,306. Loan amortization: program service expenses 0. Management and general expenses 1,500. Fundraising expenses 0. Total expenses 1,500. Postage: program service expenses 940. Management and general expenses 486. Fundraising expenses 0. Total expenses 1,426.”

“Audit committee: the board of directors has constituted an audit committee and delegated to that committee the responsibility for engaging independent auditors and monitoring the audit process. This structure has been in effect in prior years and was not changed in the current year.”