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OUTSIDE AGENCY FUNDING POLICY <br />2. The total aileeatien will seFve as a "sei <br />B. Nonprofit Agency Application for Funding <br />1. In March 2017ef-�ar, the Budget Office sends out application packets for the <br />upcoming budget year. These packets were aFe mailed to all nonprofit agencies that <br />received funding in the current year, requested funding for the current year, or inquired <br />about funding any time during the last twelve months. <br />2. Completed application packets and all additional documentation avast-b&were submitted to <br />the Budget Office by May 1.2017 444n order to be considered for funding in the upcoming <br />budget. <br />3. The application packets can be seen in Attachment A to this document. The application <br />Includes a description of the countywide purpose for the funds requested, a listing of the <br />organization's board of directors, salary information, and various financial forms. <br />4. Certain documentation i --was required from each agency in addition to the application <br />packet as shown below. <br />a. The agency's latest tax return (Form 990) <br />b. Copy of the Letter of Determination of the agency's nonprofit status (section 501(c)(3)) <br />from the Internal Revenue Service, Including Federal Identification Number. <br />c. A statement of agency revenues and expenses for the most recent fiscal year. <br />d. A balance sheet showing the assets, liabilities, and fund balances of the agency. <br />e. Copy of the letter from the Florida Department of Agriculture & Consumer Services <br />verifying that the agency has complied with the registration requirements of Chapter <br />496, Florida Statutes, the Solicitations of Contributions Act. <br />f. If the organization has an annual review, compilation, or audit completed by an <br />independent certified public accountant, submit a copy with the application. <br />g. In accordance with this policy, If an agency received $100,000 or more from the County <br />for the prior year, then the agency must have an audit completed by an Independent <br />certified public accountant at the end of the agency's fiscal year. A copy pf this audit <br />must be submitted to the Indian River County Office of Management and Budgetwithin <br />4281 BO days after the end of the agency's fiscal year. The Budget Office mayextend <br />Approved 2/19/02 <br />Coding: Words/letters underscored are additions to text; words/letters in strileethfou format are deletions to text. <br />Revision #1 Approved 11/3/2009 <br />Page 2 <br />Formatted: Strikethmugh <br />Formatted: Font: (Default) Arial, 11 pt, Not <br />Bold <br />Formatted: Font: (Default) Arlal, 11 pt. <br />Formatted: Font: (Default) Arial, 11 A Not <br />Bold <br />Formatted: Strikethrough <br />P136 <br />