The Families and Work Institute Inc

“After the form is drafted, the draft is presented to the organization's officers who review the form in detail. After the officers' review and necessary modifications, the form is presented for review and approval by the organization's finance committee of the board. The finance committee, on behalf of the board, reviews the form 990 with all required schedules, statements, back-ups and state filings and approves the filings on behalf of the full board. Subsequently, the board is presented with the form 990 and has the opportunity to ask questions or comment on the filings prior to filing with the irs.”

“All staff members, officers and board members are required to fill out a conflict of interest statement at minimum on an annual basis. If there is a potential conflict, the full board has the authority to review the issue and has to vote on the issue to make sure that it is resolved. The statements are presented to all new staff and new board of directors members upon intake.”

“During the year end board of directors' meeting, compensation is discussed and reviewed by the full board. Prior to the meeting, the chairman of the board reviews historical compensation data for the organization, including specific amounts for the president, as well as comparable compensation data from other not-for-profit organizations. The board determines the president's bonus, if any, for the past year, as well as the president's compensation amount for the next year, based on the president's performance and compensation data. The board also determines the amount of a bonus pool, if any, for the past year, as well as a raise pool, if any, for the next year, for all other employees besides the president. The board authorizes the president to allocate the bonus pool, if any, as well as the raise pool, if any, to individual employees in the organization, based upon the employee's performance.”

“The information is available upon request.”