Job Path Inc.

“Job Path, Inc. has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the Form 990 has been prepared, reviewed by management and is ready to be filed with the Internal Revenue Service, it is electronically sent to the Director of Finance of the organization. The director of Finance will then electronically send the completed draft to each of the members of the Finance committee. The committee will review and provide comments and any suggested changes. After making any changes required after review by the finance committee, the form 990 will be sent to each member of the board of trustees at least five business days before filing the form 990.”

“If a board member believes that they have a conflict, they must disclose it to the board chair, which will be reflected in the minutes of the board meeting. A person who has a conflict of interest shall not participate in the board's or committee's discussion of the matter except to disclose material facts and to respond to questions. A vote will then take place among the disinterested board members to determine if the organization should proceed with the arrangement. If a key employee has a conflict of interest, they shall disclose this conflict to the executive director and the board chair, and appropriate measures will be taken. Each Director and Key Employee shall annually sign and submit a statement which affirms such person has received a copy of the conflict of interest policy and has agreed to comply with the policy.”

“In advance of the review of compensation by the Job Path Board of Trustees, Job Path's compliance officer prepared a review of the total remuneration provided to the executive director and other highly compensated staff. The review included the use of Guidestar to select comparable organizations and the review of the most recent Forms 990 filed by these organizations. In addition, the compliance officer compared compensation and benefits information from the 2017 Non-Profit Salary Report published by the Non-Profit Coordinating Committee. This review was independent of any Job Path staff and was provided directly to the Board of Trustees. The Board reviewed the report at a meeting held on June 28, 2017 which was documented in minutes for the meeting. The Board accepted and determined, based on the review, that the compensation for all top managers at Job Path was reasonable.”

“The Organization makes its form 990 available for public inspection as required under section 6104 of the Internal Revenue Code. the return is posted on new york state attorney general website, guidestar.org and other similar types of websites. In addition, Form 1023, governing documents, financial statements, and conflict of interest policy are also available upon written request at 256 West 38th Street, New York, NY 10018, or by calling the organization directly at (212)944-0564.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”

“Deficit of $150,122 includes deferred rent of $188,437. Absent the requirement to include deferred rent in the statements of financial position (Line 19, page 1) would show a surplus of $38,315.”