Standard 3: Frequency and Attendance of Board Meetings - An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.
- NEPVA does not meet the meeting frequency provision of this Standard for meetings held in the past fiscal year.
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.
- NEPVA does not meet this Standard because it did not produce a written report outlining the results of the effectiveness assessment.
Standard 8: Program Service Expense Ratio - Spend at least 65% of its total expenses on program activities.
- NEPVA does not meet this Standard because according to the organization's audited financial statements for the fiscal year ended September 30, 2008, the organization spent $320,346 or 36% of its total expenses ($893,195) on program service activities.
Standard 9: Fund Raising Expense Ratio - Spending should be no more than 35% of related contributions on fund raising. Related contributions include donations, legacies, and other gifts received as a result of fund raising efforts.
- NEPVA does not meet this Standard because according to its audited financial statements for the fiscal year ended September 30, 2008, the organization's fund raising costs were 53% ($488,524) of related contributions which totaled $926,268.
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.
- NEPVA does not meet this Standard because the budget provided by the organization does not clearly identify the projected amounts to be spent on each of the major program service activities, fundraising activities, or 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.
- NEPVA does not meet this Standard because its annual report does not include its mission statement.
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.
- NEPVA does not meet this Standard because its website, www.nepva.org, does not include all of the recommended information for those charity websites that solicit for donations. Specifically, it does not include the recommended financial information. The website also does not provide electronic access to the organization’s most recent IRS Form 990.