Standard 1: Oversight of Operations and Staff - Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.
- BAARC does not meet this Standard because its board of directors was not provided with a copy of the most recently completed IRS Form 990 (the financial form filed with the Internal Revenue Service.)
Standard 6: Board Policy on Effectiveness - Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.
- BAARC does not meet this Standard because the board of directors does not have a written policy stating that, at least every two years, an appraisal be done assessing the organization’s performance and effectiveness and determining future actions required to achieve its mission.
Standard 7: Board Approval of Written Report on Effectiveness - Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
- BAARC does not meet this Standard because it has not completed a performance assessment.
Standard 14: Budget - Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.
- BAARC does not meet this Standard because the budget provided by the organization does not clearly identify the projected amounts to be spent on each major program area, fund raising activities, and administrative activities.
Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.
- BAARC does not meet this Standard because its annual report does not identify the total expenses for each of its major program activities, fund raising, and total end of year net assets.
Standard 17: Web Site Disclosures - Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.
- BAARC does not meet this Standard because its website, www.brocktonareaarc.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it does not include a board roster or financial information. The website also does not provide electronic access to the organization’s most recent IRS Form 990.
BAARC meets the remaining provision of this standard.