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.
This organization does not meet this Standard because it does not have a written contract with its professional fundraiser, and its board does not receive its audited financial statements and auditor's management letter annually. In addition, the organization does not have a conflict of interest policy.
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.
This organization does not meet this Standard because the majority of its board of directors did not attend board meetings on average.
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.
This organization does not meet this Standard because its total fundraising expenses are more than 35% of total related contributions.
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.
This organization does not meet this Standard because its financial statements are not prepared according to generally accepted accounting principles and generally accepted auditing standards. In addition, this organization's financial statements are not audited by a CPA on an annual basis.
Standard 12: Detailed Functional Breakdown of Expenses - Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fund raising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.
This organization does not meet this Standard because its financial statements do not include a detailed functional breakdown of expenses for each program.
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.
This organization does not meet this Standard because its budget does not clearly identify the projected amounts to be spent on program service activities, fund raising activities, or administrative activities. Also, this organization has only provided a budget projecting income and expenses for the same year as its most recent financial statements.
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.
This organization does not meet this Standard because it has not provided an annual report covering activities conducted in the past year.
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.
This organization does not meet this Standard because its website, http://www.mosheriffs.com/, does not include all of the recommended information for those charity websites that solicit donations. Specifically, it does not include links to its annual report, its financial information, or its most recent IRS Form 990.