Afs Intercultural Programs Inc.

“The members of the organization are affiliate organizations, also known as partners.”

“The members of the organization have the right to elect the board of trustees”

“The form 990 is prepared by an outside accounting firm and is reviewed by the chief financial and operational officer. A complete copy of the form is made available to all members of the board of trustees prior to filing.”

“The organization has a written conflict of interest policy that applies to officers, trustees, and key persons of the organization. Such persons are required to annually disclose interests that could give rise to conflict, and as they may arise. The executive commitee is responsible for the determination of whether a transaction is a conflict of interest and for reviewing whether the transaction is in the organization's best interest. The executive commitee may refer the matter to the full board. The person with the interest may not participate in the deliberation or decision on the matter under consideration.”

“The board of trustees determines the annual salary of the president and ceo and the decision is documented in the board minutes. Salaries for all employees, including officers and key employees, are included in the annual budget, which is also approved by the board of trustees and is documented in the board minutes. Public data on salaries in the nonprofit educational industry is used for comparison purposes in the determination process. The 2023 salaries were approved by the board of trustees in the fall of 2022.”

“The organization makes its form 990 and financial statements available on its website and upon request. The governing documents and conflict of interest policy are not made available to the public.”

“The organization contracted with a professional employer organization (peo) for services, including but not limited to, payroll, timekeeping, employee benefits, hr administration and workforce regulatory compliance needs. As the employer of record for tax purposes, forms w-2 and w-3 are issued by the peo and filed under the peo's federal ein. In this co-employment arrangement, the organization is the common law employer and, accordingly, compensation is reported on form 990, part vii, section a and part ix, lines 5-10.”

“Professional fees: program service expenses 1,211,853. Management and general expenses 56,140. Fundraising expenses 3,654. Total expenses 1,271,647. Consulting fees: program service expenses 1,185,710. Management and general expenses 54,929. Fundraising expenses 3,576. Total expenses 1,244,215. Other outside services: program service expenses 16,780. Management and general expenses 5,080. Fundraising expenses 11. Total expenses 21,871.”

“Depreciation in value of beneficial interest in assets held by others 55,048. Net periodic pension cost, except service cost 54,690. Adjustment in post-retirement benefit obligation -447,435.”

“The organization's audit and risk committee assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”