TY 2015 Form 990 Schedule O

efile Public Visual Render ObjectId: 201632899349300003 - Submission: 2016-10-15 TIN: 06-1368627

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

Neighborhood Funders Group

Employer identification number

06-1368627

Return Reference	Explanation
Form 990, Part VI, Section A, line 6	The organization has institutional members.
Form 990, Part VI, Section A, line 7a	The Organization's members nominate and elect the board of directors.
Form 990, Part VI, Section B, line 11	The Form 990 was prepared by the outside accountants. A draft of the Form 990 was reviewed and approved by the audit committee. Board members were given a final copy of the Form 990 to review. Once reviewed, the executive director signed and submitted the return to the IRS.
Form 990, Part VI, Section B, line 12c	Officers and directors are required to sign an acknowledgement each year that they have received the conflict of interest policy. Each officer and director is asked to notify the Board of any conflict of interest. Officers and directors abstain from any decision in which they may have a conflict of interest.
Form 990, Part VI, Section B, line 15a	Compensation paid to the executive director is evaluated on an annual basis by the officers (co-chairs and treasurer) of the Board of Directors. Compensation is based upon the level of skill required for the position, comparison of compensation to similar positions in the non-profit industry, and an evaluation of the individual's achievements during the year. Determination of the compensation made by the officers of the Board is recommended to the full Board and documented as part of the budget process. No other officers or key employees were employed during the year.
Form 990, Part VI, Section C, line 19	The Organization's governing documents, conflict of interest policy, and financial statements are available upon request at the Organization's offices.
Form 990, Part IX, line 11g	Payroll service fees: Program service expenses 0. Management and general expenses 2,999. Fundraising expenses 0. Total expenses 2,999. Other professional fees: Program service expenses 272,631. Management and general expenses 79,189. Fundraising expenses 47,000. Total expenses 398,820.
Form 990, Part IX, Line 24e	The Organization records shared expenses in the management and general category and allocates the amount to the other functional categories on a monthly basis. As a result, other miscellaneous expenses consist of a negative amount in the management and general category and a positive amount in the program services category. Total allocated expenses for the year 2015 were $189,503.

Return Reference

Explanation

Form 990, Part VI, Section A, line 6

The organization has institutional members.

Form 990, Part VI, Section A, line 7a

The Organization's members nominate and elect the board of directors.

Form 990, Part VI, Section B, line 11

The Form 990 was prepared by the outside accountants. A draft of the Form 990 was reviewed and approved by the audit committee. Board members were given a final copy of the Form 990 to review. Once reviewed, the executive director signed and submitted the return to the IRS.

Form 990, Part VI, Section B, line 12c

Officers and directors are required to sign an acknowledgement each year that they have received the conflict of interest policy. Each officer and director is asked to notify the Board of any conflict of interest. Officers and directors abstain from any decision in which they may have a conflict of interest.

Form 990, Part VI, Section B, line 15a

Compensation paid to the executive director is evaluated on an annual basis by the officers (co-chairs and treasurer) of the Board of Directors. Compensation is based upon the level of skill required for the position, comparison of compensation to similar positions in the non-profit industry, and an evaluation of the individual's achievements during the year. Determination of the compensation made by the officers of the Board is recommended to the full Board and documented as part of the budget process. No other officers or key employees were employed during the year.

Form 990, Part VI, Section C, line 19

The Organization's governing documents, conflict of interest policy, and financial statements are available upon request at the Organization's offices.

Form 990, Part IX, line 11g

Payroll service fees: Program service expenses 0. Management and general expenses 2,999. Fundraising expenses 0. Total expenses 2,999. Other professional fees: Program service expenses 272,631. Management and general expenses 79,189. Fundraising expenses 47,000. Total expenses 398,820.

Form 990, Part IX, Line 24e

The Organization records shared expenses in the management and general category and allocates the amount to the other functional categories on a monthly basis. As a result, other miscellaneous expenses consist of a negative amount in the management and general category and a positive amount in the program services category. Total allocated expenses for the year 2015 were $189,503.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

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