Comic Relief Inc DBA Comic Relief Us

“All members of the governing body (board of trustees) had equal voting rights on all matters that came before the board, unless a conflict of interest required a member to abstain. The board may designate one or more committiees to have and exercise the authority of the board in the management of the corporation. The designation and appointment of any such committee and the delegation thereto of authority shall not operate to relieve the board or any individual director of any responsibility imposed by law.”

“The chief financial officer, william kehoe, was not an employee of comic relief inc. Until june 2024. Part of his compensation was received through a 1099 issued to mile13 llc, an s corp which is owned by mr. Kehoe. Mr. Kehoe works with alison moore, ceo, who were both employed through a professional employment organization (peo) by the end of 2024. Both are involved in management decisions of the organization.”

“The form 990 was prepared by a nationally renowned accounting firm in conjunction with the organization's finance department. The form 990 is provided to the full board of directors for their review and comment prior to its filing with the internal revenue service.”

“Comic relief has a robust conflict of interest procedure to ensure that all officers and directors are compliant with the organization's conflict of interest policy. All officers and directors are required to complete an annual questionnaire affirming receipt of the policy, compliance with its directives and to disclose any financial interests in any actual or contemplated transaction that may constitute a conflict of interest. The questionnaire is reviewed for any potential conflicts and should any be discovered addressed by comic relief in such a fashion as to ensure the integrity of the organization's business transactions.”

“Comic relief has a formal process in place for determining the compensation of all employees whose compensation is over $100k (including the executives and highly compensated employees reported on this form 990). Starting in 2020, the audit and risk committee was tasked with reviewing and approving compensation and documenting such decisions as necessary (in committee minute meetings).”

“Comic relief makes its form 990 available to the public by retaining a copy at its place of business, on its website and other charity rating websites. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy will be provided upon request and at management's discretion.”

“The organization leases all employees from trinet hr iii, inc. Which is a professional employer organization (peo). The employees are paid exclusively through the peo and receive a w-2 from the peo. Compensation paid to the peo by the organization is treated like compensation paid to employees for purposes of form 990.”

“Hr & recruitment: program service expenses 0. Management and general expenses 9,622. Fundraising expenses 0. Total expenses 9,622. Consultants & agencies: program service expenses 801,746. Management and general expenses 186,824. Fundraising expenses 1,221,319. Total expenses 2,209,889. Consulting t&e: program service expenses 18,081. Management and general expenses 0. Fundraising expenses 28,799. Total expenses 46,880. Content creation: program service expenses 0. Management and general expenses 0. Fundraising expenses 227,336. Total expenses 227,336. Production costs: program service expenses 0. Management and general expenses 0. Fundraising expenses 437,283. Total expenses 437,283. Cfo/finance & operations services: program service expenses 0. Management and general expenses 113,094. Fundraising expenses 0. Total expenses 113,094.”

“Changes in total present value discount on grants payable -158,901.”