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.
Rebuilding Together Houston does not meet this standard because it did not provide proof of at least 3 board meeting minutes with a majority of voting members in attendance.
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.
Rebuilding Together Houston does not meet this standard because it does not complete written report with recommendations for future actions along with the organizational effectiveness assessment.
Standard 11: Financial Statements - Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $250,000, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $250,000, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $100,000, an internally produced, complete financial statement is sufficient to meet this standard.
Rebuilding Together Houston does not meet this Standard because:
- Its audited financial statements were not prepared in accordance with Generally Accepted Accounting Principles (GAAP).
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.
Rebuilding Together Houston does not meet this standard because it did not provide a current board approved budget.
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.
Rebuilding Together Houston does not meet this standard because its website does not provide a link to its most recent IRS Form 990.