Echoing Green Inc.

“The purpose of the executive committee is to act on specific issues on the board's behalf. To accomplish this, its responsibilities are to act for the board between meetings, provided that it may not approve or recommend to members the dissolution or merger of echoing green's assets; elect, appoint or remove directors or permanently fill vacancies on the board or any committee of the board; adopt, amend or repeal the bylaws or articles of incorporation; amend any committee charter or resolution of a board committee previously established by the board; hire or fire the president; approve or change the budget or add or eliminate programs previously authorized by the board. The executive committee can make decisions between board meetings and on behalf of the entire board. Subject to limitations on its authority established by the board, the bylaws or law, the executive committee shall oversee the performance of the president and make recommendations to the board on reasonable executive compensation and raises. The executive committee may serve as a sounding board for the organization's top managers. In addition, the executive committee will review the draft audit annually prior to a full board vote for approval. The review process will include the auditing firm of record. The committee consists of three officers, three board members and the president.”

“The only committee with authority to act on behalf of the board (governing body) is the executive committee. Meetings for the executive committee are normally held adjacent to the full board meetings, but are not documented. Typically, decisions taken by the executive committee are ratified at the next board meeting and documented at that time.”

“The form 990 in draft format is reviewed by the chief operating officer and the finance committee, and is provided to the board of directors prior to filing.”

“The organization requests that board members complete a detailed questionnaire that covers all facets of conflicts of interest, related parties, transactions with related parties and excess benefit transactions. The organization makes its best efforts to collate responses from the board members to the questionnaire, and to ensure that all facts regarding business relationships are known. The appropriate policy contains details of the procedures for addressing a conflict of interest. The procedure allows for the interested person to present details of the transaction for the board to investigate, to review possible alternatives and to reach a conclusion on the best route forward. Required actions in the event of a policy violation are also contained within the policy document.”

“The compensation of the ceo and coo are determined via discussion and approval by the executive committee. The compensation of other employees is determined by the ceo and the coo taking into account comparable salaries at similar nonprofits with advice of the executive committee and external consultants.”

“The organization's financial statements are available on its website, www.echoinggreen.org, after formal approval. Other organizational documents are made available on request.”

“Number of volunteers the number of volunteers includes fellowship application judges as well as fellowship finalist judges.”

“Reduction of prior year restricted funds -6,500. Reduction of prior year grant liability 89,250.”