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 988. Management and general expenses 0. Fundraising expenses 0. Total expenses 988.”

“Telephone: program service expenses 30,488. Management and general expenses 5,424. Fundraising expenses 1,177. Total expenses 37,089. Employee & board relations: program service expenses 17,101. Management and general expenses 2,517. Fundraising expenses 388. Total expenses 20,006. Bank charges: program service expenses 4,590. Management and general expenses 14,078. Fundraising expenses 181. Total expenses 18,849. Misc expense: program service expenses 7,066. Management and general expenses 3,315. Fundraising expenses 12. Total expenses 10,393. Mentoring program/saturday nights: program service expenses 4,952. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,952. Cash assistance: program service expenses 3,611. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,611. Child care: program service expenses 3,221. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,221. Volunteer relations: program service expenses 1,655. Management and general expenses 425. Fundraising expenses 92. Total expenses 2,172. Gifts: program service expenses 1,052. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,052. Outreach: program service expenses 513. Management and general expenses 178. Fundraising expenses 0. Total expenses 691. Less assistance to individuals: program service expenses -380,059. Management and general expenses 0. Fundraising expenses 0. Total expenses -380,059.”

“Grants and assistance - the total amount of grants and assistance provided to individuals by the organization totaled $380,059 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 ($380,059) to properly reflect the total program expense. See schedule i for more details.”

“Donated services and use of facilities revenue excluded from tax return -80,853.”

“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 2017.”