The Reach Institute Resource for Advancing Childrens Health

“Reach institute 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 board members of the organization for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

“Once a year a list of vendors that provide services for reach institute is sent with a "conflict of interest compliance" letter which each director and officer must sign, disclosing any family or business relationship, and if there is any relationship, an explanation must be included. The board of directors will determine if any of the information disclosed will result in a conflict. If the board determines that a conflict exists, then that director/officer shall abstain from voting on the matter.”

“The board of directors obtains comparability data and reviewed compensation studies for the salaries of both executive director and director of finance. All board members must approve any increases to compensation. The organization is considered to be small in operations and therefore compensation for these individuals is less than it would be at a similar organization. The last update to the executive director's salary occurred in the beginning of 2011.”

“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 guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation, form 990, form 1023, and by-laws are also available upon written request at 485 seventh avenue suite 1510 ny, ny 10018, or by calling the organization directly at (212)947-7322.”

“Trainers and consultant fees: program service expenses 160,583. Management and general expenses 0. Fundraising expenses 0. Total expenses 160,583.”

“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.”