Manifold Vision

“The return is prepared by an independent cpa. Upon completion of the preparation and prior to the filing of the return, the return is provided to the program director. The program director is responsible for reviewing the return and forwarding the return to the directors. The directors and program director will determine if any changes or adjustments need to be made. Any changes or adjustments will be provided to and discussed with the independent cpa. Once all changes have been made and the directors have completed a final review, the return will be filed.”

“To ensure the organization operates in a manner consistent with the charitable purpose and does not engage in activities that could jeopardize its tax exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following: (i) whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining and (ii) operations carried out to conform to the organization's written policies are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purpose and do not result in inurement, impermissible benefits.”

“The governing documents are made available to the public upon request. Conflict of interest in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c .has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“Compensation has been deemed as unnecessary since all involved volunteer their time for: a. Officers b. No other officers or key employees exist”