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FORM 990, PART VI, SECTION B, LINE 11B | CFI'S SENIOR MANAGEMENT REVIEWS THE DRAFT FORM 990 WITH THE AUDIT COMMITTEE OF THE GOVERNING BODY PRIOR TO FILING FORM 990. THIS REVIEW INCLUDES AN OVERVIEW OF THE FORM AND DISCUSSION RELATED TO KEY SECTIONS. COPIES OF THE FINAL FORM 990 ARE MADE AVAILABLE TO ALL DIRECTORS AND IS REVIEWED BY THE AUDIT COMMITTEE AND APPROVED BY THE FULL GOVERNING BOARD UPON RECOMMENDATION BY THE AUDIT COMMITTEE AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO FILING. |
FORM 990, PART VI, SECTION B, LINE 12C | THE WRITTEN CONFLICT OF INTEREST POLICIES ARE UPDATED AND REVIEWED ANNUALLY FOR EACH BOARD MEMBER. |
FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL BUDGET. THE BOARD ALSO REVIEWS THE TOTAL SALARY EXPENSE BUDGETED FOR THE ORGANIZATION. EXPLANATIONS OF SALARY EXPENSE, INCLUDING THAT OF THE CHIEF EXECUTIVE OFFICER AND OTHER KEY EMPLOYEES, INCLUDE NEW POSITIONS AND THE APPROXIMATE RAISE PERCENTAGE BUDGETED FOR THE ANNUAL BUDGET PERIOD. |
FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL RECORDS AND OTHER OFFICIAL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE CORPORATION'S OFFICE. |
FORM 990, PART XI, LINE 9: | CHANGE IN ASSETS HELD OF BEHALF OF CFI BY FOUNDATION 284,932. |
FORM 990, PART XII, LINE 2C | THE CORPORATION'S AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT AUDIT FIRM. |
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