Narrative Magazine Inc.

“The compensation of the executive editor and the editor in chief was reviewed by the board of directors in a break out session. The board considered comparable compensation information of other literary nonprofit organizations and was further expounded upon in the annual compensation survey prepared by the board governance committee in 2015. It was noted that levels of compensation have not changed significantly since the compensation survey was prepared, and the proposed compensation amounts are well within the range of compensation levels noted in the survey, given narrative's lean staff and the co-founders' function in multiple professional roles, including that of publisher, editorial, and development.”

“Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management and a member of the board of directors. This group of individuals then discusses the contents of the return with the outside tax professional. After a full review (with modifications where necessary), the final version of the tax return is provided to all members of the organization's voting body on their request. An officer signs and mails the return to the department of the treasury.”

“The board of directors reviews the compensation of all high-level personnel annually in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.”

“All of the organization's tax filings are maintained in a secure environment and held available for inspection by tax authorities and the general public at the organization's office in san francisco.”

“All of the organization's governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public at the organization's office in san francisco.”

“Program contractors: program service expenses 57,159. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,159. Donor development: program service expenses 0. Management and general expenses 0. Fundraising expenses 7,800. Total expenses 7,800. Marketing: program service expenses 0. Management and general expenses 5,651. Fundraising expenses 0. Total expenses 5,651.”