Mozilla Foundation

“The audit committee periodically meets in executive session. Although separate meeting minutes are not kept, it reports back to the executive board where meeting minutes are kept.”

“Several individuals associated with the organization diligently gather and prepare all data and narrative explanations to accurately complete irs form 990. Several drafts of the form 990 are reviewed and edited by management, officers, and directors. All directors receive a final copy of the 990 prior to filing.”

“The foundation periodically asks board members, but not staff, to respond to a questionnaire detailing potential conflicts of interest. Individuals are to report any potential conflicts with respect to particular decisions as they arise, and if the board determines that a conflict exists, the conflicted individual does not participate in voting on that decision (and in some cases the foundation may not pursue the transaction at all). While the foundation has not engaged in additional monitoring or enforcement beyond this, it believes its existing mechanisms have been adequate to protect against conflicts of interest affecting the board's decisionmaking.”

“The forms 990, 990-t, and the form 1023 in their original form are available upon request. We also make these forms available online, along with our financial statements and governing documents, except that to protect individual privacy some personal address information is redacted from the version made available online.”

“Contractor fees: program service expenses 1,295,718. Management and general expenses 161,921. Fundraising expenses 74,021. Total expenses 1,531,660.”

“These expenses relate primarily to consultants and contractors working on program service activities described in part iii, including webmaker, open badges, mozilla science lab, opennews, etc.”

“Income tax liability -5,841.”

“Taxpayer hereby makes the de minimis safe harbor election under treasury regulation 1.263(a)-1(f) for all eligible amounts paid or incurred during the taxable year. Taxpayer hereby elects to capitalize repairs and maintenance costs under treasury regulation 1.263(a)-1(n). The costs were incurred during the taxable year in the electing taxpayer's trade or business and the electing taxpayer treats such costs as capital expenditure on its books and records.”