In 2006, the Potomac Valley Audubon Society adopted a new organizational structure and revised its constitution and bylaws. These steps were taken primarily to improve management and oversight of our programs and activities, which had gown substantially in scope and complexity since the organization's founding 24 years before. But the steps were also intended to ensure that we were responsive to evolving national standards for best practices among nonprofit organizations.
Since that time, we have continued to modernize and strengthen our management practices by reviewing our operations regularly and adopting new policies and procedures whenever needs arise. We have developed a Fiscal Operations Policy Manual to guide all financial procedures and recordkeeping. We maintain a five-year plan that is updated annually, and our Board of Directors holds an annual Board retreat to facilitate in-depth discussion of matters of concern.
In all facets of governance, we are committed to transparency and adherence to the highest best-practice standards for nonprofits. For example our conflict of interest policy follows the recommendations of the Internal Revenue Service and our policies covering document retention and destruction and whistle-blower protection are based on models developed by the National Council of Nonprofit Associations.