Exponents Inc.

“The organization has an employment management agreement with a professional employer organization ("peo") that provides a comprehensive personnel management system encompassing a broad range of services, including benefits and payroll administration, health, worker's compensation insurance programs, personnel records management, employer liability management, etc.”

“The executive committee is empowered to consider matters between full board meetings. Any major decisions are considered and summmarized for presentation to the entire board. Decisions related to specific matters requiring immediate actions may be acted on by the executive commitee, which decisions are then presented to the entire board at the next scheduled board meeting. For significant matters that require action prior to the next scheduled board meeting a call for a special meeting of the entire board is made.”

“The treasurer reviews and approves the contents of the form 990. The tax return is made available to all board members.”

“The conflict of interest policy is signed by officers and directors at a board meeting during the year. Directors and officers are required to identify to the board president any conflict of interest. The organization as a matter of policy does not invite individuals onto its board that have potential conflicts of interest. Officers may not have other positions or affiliations that are or could cause conflicts of interest with the organization.”

“The board of directors reviews the executive director's salary annually. Members of the board of directors have experience with comparable organizations and consider salary rates for similar positions at other organizations. The salary review evaluates the information of comparable salaries and also the financial condition of the organization and the requirements of funding agencies, which are primarily governmental organizations responsible for social welfare programs.”

“The organization's governance documents and financial statements are available for inspection by the public by contacting its administrative offices.”

“Exponents, inc. Is organized under the not-for-profit corporation law of the state of new york. Founded in 1990, exponents, inc. Is a not-for-profit, minority-led organization dedicated to improving the quality of life of individuals affected by drug addiction, incarceration, and hiv/aids. Serving clients from the new york city area, programs assist individuals and their families through difficult transitions from addiction to recovery, from incarceration to civilian life, and from welfare to work. Exponents, inc.'s support comes primarily from contractual services provided under grant contracts with governmental social service agencies and contributions from the public.”

“Transfer of net subsidiary liabilities -236,863.”