| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section B, Line 11b | Accountant completes 990 and sends to Daily Acts Finance Committee to review and approve. Executive Director reviews and signs 990. Daily Acts board members are sent a copy of the completed 990 before it gets sent to the IRS and asked to review it. |
| Form 990, Part VI, Section B, Line 12c | All board members sign written conflict of interest policy and disclose any potential conflicts of interest. The board, finance committee, executive director, and associate director monitor contracts and financial transactions throughout the year to insure there is no conflict of interest. Any potential board conflicts of interest are reported to the board chair and reviewed by the board. Any potential staff conflicts of interest are reported to the associate director and reviewed by the executive team. |
| Form 990, Part VI, Section B, Line 15a | The executive director's 2023 raise was researched and proposed to the board by the board chair. A nonprofit wage report was used to determine comparable compensation, and an appropriate raise amount. The board independently deliberated the executive director's compensation, and came to a formal decision in a board meeting without the presence of the executive director. This was documented in the board meeting minutes. |
| Form 990, Part VI, Section C, Line 19 | The documents are provided upon written or verbal request. |
| Software ID: | 23017517 |
| Software Version: | 2023v5.1 |