Financial Policies
Donors and volunteers invest their time and money with Happy Trails, and we are committed to using those resources wisely. Our annual budget is carefully reviewed and approved by our Board of Directors. We work hard to limit fundraising and administrative expenses so that we can maximize spending directly on Happy Trailsβ programs. Our policy is to spend at least 65% of our total expenses directly on our program activities, with a target of 75%.
We also focus on financial transparency and accountability through preparation and posting of complete annual financial statements. We have implemented accounting procedures sufficient to protect our resources and to accurately report our financial results.
Our most recent IRS 990 is available for DOWNLOAD here.
Corporate Governance Policies
Our Board of Directors engages in active and informed oversight of all Happy Trails operations and personnel, and meets in person at least once quarterly. Our Board has approved the following corporate governance policies: