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.
Y-ME does not meet this Standard because its board of directors does not:
- Ensure that all the organization‘s arrangements with outside fundraising firms are made in writing.
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.
Y-ME does not meet this Standard because:
- It has not completed an effectiveness assessment in the past two years.
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.
Y-ME does not meet this Standard because, when the organization provided budget information, it indicated that the budget:
- Included total projected program service expenses, however, did not break these expenses down by major program category (i.e. hotline, outreach, awareness, etc.).
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.
Y-ME does not meet this standard because:
- The organization states it does not have an annual report covering activities conducted in the past year.
Standard 19: Cause Related Marketing - Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).
Y-ME does not meet this Standard because, in the past year the organization participated in promotions for the sale of consumer goods or services that indicates that the organization will benefit from these purchases. The promotions, however, did not specify:
- The actual or anticipated amount of the purchase price that will benefit the organization.