Upward Bound House

“There is no committee with authority to act on behalf of the governing body.”

“Form 990 is prepared by our outside auditor using information supplied by ubh. Following completion of drafts of the audited financial statements and form 990, the outside auditor provides management and the finance committee with the draft for review. After incorporating management's and the committee's comments, the auditor provides a revised form 990 which is distributed to the full board of directors for their review and comments before filing.”

“Each director is required to complete an annual certificate of compliance with the organization's conflict of interest policy. This certificate affirms the reading and understanding of the conflict of interest policy, lists the affiliations of the individual and certifies that the individual is in compliance with the conflict of interest policy. Changes occurring during the year in board member associations are communicated to the board liaison for updating of organization conflict of interest records.”

“There was a formal review of the executive director by the board of directors (but not of other key employees). This process entailed soliciting input from each director as well as from the direct reports of the executive director and a self-evaluation from the executive director. A sub-committee of directors collated the results of the inputs from all parties and made a recommendation to the full board for setting the 2012 salary of the executive director. This recommendation also took into consideration the salaries of other executive directors at peer agencies.”

“The organization's governing documents, conflict of interest policy, and audited financial statements are available upon request.”

“The organization's board of directors has responsibility for oversight of the audit of its financial statements and selection of the independent auditor. This responsibility is unchanged from the prior year.”