Rural Education and Development Inc.

“The board may, by resolution, designate and appoint board committees as it considers necessary for the operation or administration of the corporation. These committees, to the extent provided in said resolution shall have and exercise the authority of the board in the management of the corporation.”

“Antonia neubauer and melissa anderson have a family relationship”

“The form 990 is prepared and reviewed by the executive director, deputy director and external cpa first. Then, once a draft is ready, read global management shares a copy of the draft with the board chair and the treasurer for draft approval. Once the draft is approved, and a final draft is prepared by the accounting firm, read global management will share the final draft copy with the entire board before it is submitted to the irs.”

“New board members sign a conflict of interest policy when joining the board. Periodically (typically annually in the fall), read sends directors a list of vendors for the past year and requests directors to complete a conflict of interest form declaring all potential conflicts. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Compensation for the top management official and deputy director is reviewed by the chairman of the board. Comparable data was used in the compensation process and the process was documented. The last compensation review took place in december 2021.”

“Governing documents and conflict of interest policy are not available for the general public. Financial statements are available for review on the organization website.”

“The executive director lives in australia and is paid through an australian payroll service provider.”

“Read centers & programs - read builds cohesive, inclusive, and resilient communities where everyone especially the most marginalized, access and benefit from knowledge, resources, and opportunities necessary to shape their own dignified and fulfilling futures. Read's method of facilitation empowers communities to recognize and believe in their own inherent potential to solve local problems and foster greater prosperity. By fortifying the community library and resource center (read center) as a foundational platform for unlocking a community's social and economic potential, read initiates enduring community-level transformation. In 2023, read centers provided services to more than 347,000 people across south asia. This included training more than 3,000 youth on technology and life skills.”

“The process for selecting the audit firm has not changed from the prior year.”