Break the Cycle

“John micheli and sharyn micheli are married.”

“The 990 is reviewed by the board president prior to filing.”

“Board members are expected to act in a manner that is consistent with the mission and values of break the cycle and not to jeopardize the best interests of the organization. This includes respecting and following the organization's structure, procedures, and policies, protecting proprietary or confidential information and scrupulously avoiding potential and actual conflicts of interest, as well as perceptions of conflicts of interest. Conflicts between the interest of break the cycle and a board member's own personal, professional and business interests include but are not limited to: self-promotion, using one's affiliation with break the cycle to the benefit of another organization or entity, and using break the cycle materials for personal gain or for the benefit of another organization or entity. Board members must make full, written disclosure of interests, relationships and holdings that could potentially result in a conflict of interest. This written disclosure will be kept on file and permitted to participate in decisions related to the subject of the potential conflict of interest. The purpose of this conflict of interest policy is to protect the integrity of break the cycle's decision making process and to enable our constituencies to have confidence in that integrity. This policy is meant to supplement good judgment, and should be respected in its spirit as well as in its word.”

“For the executive director and other top management compensation, the board reviews comparability data, deliberates their decision during board meetings and documents the final decision in the board minutes. As part of the deliberation process, the board also reviews management's performance evaluation.”

“Form 990 and the organization's audited financial statements are available through the organization's website and upon request. The organization's governing documents and conflict of interest policy are available upon request.”

“Consulting: program service expenses 12,512. Management and general expenses 2,208. Fundraising expenses 0. Total expenses 14,720. Payroll processing fees: program service expenses 0. Management and general expenses 3,240. Fundraising expenses 0. Total expenses 3,240.”

“Forgiveness on prior year accounts payable 173,158.”