The Sheepfold Inc

“The audit committee, approved by the board of directors, performed a detail review of a version of the form 990 which omitted the donor data at the request of a board of director donor. After this review, this version of the form 990 was presented to the board for review and approval prior to its filing.”

“A written conflict of interest policy and form is reviewed and signed by each board member annually.”

“Compensation committee approves compensation of top management. Organization also utilizes form 990 of other organizations, written employment contract, compensation survey, approval by board to establish that compensation is reasonable. In addition, nonprofit salary survey of orange county was utilized.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public at the main office. Copies are provided upon request via mail or e-mail.”

“Consulting and professional services: program service expenses 1,579. Management and general expenses 0. Fundraising expenses 274. Total expenses 1,853.”

“Telephone: program service expenses 22,728. Management and general expenses 4,465. Fundraising expenses 1,199. Total expenses 28,392. Employee & board relations: program service expenses 12,467. Management and general expenses 1,729. Fundraising expenses 360. Total expenses 14,556. Bank charges: program service expenses 10,112. Management and general expenses 973. Fundraising expenses 229. Total expenses 11,314. Misc expense: program service expenses 6,492. Management and general expenses 3,938. Fundraising expenses 4. Total expenses 10,434. Child care: program service expenses 6,655. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,655. Mentoring program/saturday nights: program service expenses 5,280. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,280. Volunteer relations: program service expenses 2,143. Management and general expenses 642. Fundraising expenses 172. Total expenses 2,957. Cash assistance: program service expenses 2,753. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,753. Outreach: program service expenses 1,619. Management and general expenses 974. Fundraising expenses 0. Total expenses 2,593. Gifts: program service expenses 368. Management and general expenses 0. Fundraising expenses 0. Total expenses 368. Less assistance to individuals: program service expenses -401,099. Management and general expenses 0. Fundraising expenses 0. Total expenses -401,099.”

“Grants and assistance - the total amount of grants and assistance provided to individuals by the organization totaled $401,099 for the year. This amount is reported on line 2 of the form 990, part ix, statement of functional expenses. The various amounts are also included in the the following expense categories, cash assistance, food, gifts, office expense, transportation, and child care. As the grants are reported twice, on line 2 and the detailed expense categories, there is a contra account, less assistance to individuals, in the amount of ($401,099) to properly reflect the total program expense. See schedule i for more details.”

“Donated services and use of facilities revenue excluded from tax return -82,244.”

“Audit committee - the board of directors has consituted 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 2015.”

“Subsequent to april 30, 2016, the organization purchased an additional shelter for approximately $755,000, which was paid using funds from the building fund. The building fund consists of gifts received to be used toward the purchase of a new building for its administrative offices and toward the purchase of this additional shelter.”