Glsen Inc.

“The completed form 990 is reviewed and signed off by the executive director, the treasurer and the audit committee. Once approved by these individuals, it is sent to the entire board. Once sent to the board, it is filed with the irs.”

“The directors, officers and key employees are required to submit an interested transactions disclosure form on an annual basis. The form details any potential conflicts of interest that they or a member of their family or other related party may have in regards to serving on the glsen board of directors and transactions of the organization. The executive director ensures that disclosures are collected from all such persons. The treasurer reports annually to the board on any such transactions. If a conflict is found to exist, the individual with the conflict is required to recuse himself from the decision making and voting related to such conflict.”

“The executive committee (which consists of all independent directors) of the board annually sets the compensation for the executive director and reviews and approves the commpensation of the top financial position (chief operating officer), chief development officer and the chief research & strategy officer. The compensation is benchmarked against comparable positions using prm consulting group's nonprofit salary survey. Certificates of the executive committee's actions are prepared contemporaneously by the board secretary, approved by the executive committee at the next meeting, and filed in the employee's personnel file. The full board is informed of the compensation review.”

“Glsen posts its most recent 990 filing, audited financial statements, independent auditor's report, annual report and its irs determination letter on its website, www.glsen.org. Other organizational documents, such as glsen's articles of incorporation, current bylaws and conflict of interest policy, are available upon request.”

“Glsen is in a co-employment arrangement with adp totalsource, a professional employment organization. Under the co-employment arrangement, adp assumes certain employer responsibilities including the payment and reporting of employee wages and payroll taxes. The worksite employees are reported under adp's federal identification number 38-3326137 and not under the tax payers account number. Salary figures and information, however, are included throughout this form for the sake of transparency to the reader.”

“The financial activities of the local division of glsen were previously not included in the financial statements of glsen because these divisions activities are not significant. Although still not significant, glsen included the financial information of these divisions in its financial statements efective july 1, 2013.”

“Transfer of assets from local divisions 412,798.”