Break the Cycle

“The 990 is reviewed by staff and board members before filing.”

“Conflict of interest policy 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 interests of break the cycle and a board member's own personal, professional and business interests include, but are not limited to: self-promotion (i.e., a board member soliciting personal business while working on behalf of break the cycle); using one's affiliation with break the cycle to the benefit of another organization or entity; and using break the cycle materials (mailing lists, donor information, etc.) 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 should be updated as the existence or nature of the conflict(s) changes. The board member will not be 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 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.”

“Forms 990 and the organization's audited financial statements are available through the organization's website and upon request. The organization's governing documents, conflict of interest policy, and 990-t (if any) are available upon request.”

“Consulting fees : program service expenses 139,466. Management and general expenses 11,479. Fundraising expenses 40,073. Total expenses 191,018.”

“Section 481(a) adjustment -77,695.”

“The oversight process has not changed from the prior year.”

“Effective january 1, 2010, the organization changed its method of accounting for tax reporting purposes to the accrual method resulting in a positive sec 481(a) adjustment of $310,779 that the organization recognized in tax revenue ratably over years commencing in 2010 and ending in 2013 in accordance with rev. Proc. 2011-14.”