American Institutes for Research in The

“The executive committee of the board of directors is comprised of the board chair and the chairs of the audit, air opportunity fund, finance, governance, human resources/compensation, investment, and mergers and acquisitions committees. The chief executive officer is also on the committee. The executive committee is commissioned with exercising the powers and authority of the full board when the full board is not in session and when it is not practical or possible for the full board to convene a meeting. A quorum is defined as four (4) members of the executive committee.”

“During 2024, the articles of incorporation were amended to update the registered office, references to pennsylvania law and charitable activities.”

“1. The form 990 is prepared internally under the guidance of the chief executive officer (ceo)/president and chief financial officer (cfo)/treasurer. 2. The form 990 is reviewed by the cfo/treasurer, the chief legal officer and the svp of human resources prior to being provided for review to the ceo/president and members of the audit and compensation committees. 3. The form 990 is reviewed by the audit and human resources & compensation committees of the board of directors and made available to all board members prior to its filing with the internal revenue service.”

“On an annual basis, air requires the members of its board of directors, officers, executives, and all other air employees to complete a conflict-of-interest questionnaire and disclosure form. The form discloses information on interests that may pose an actual, potential or perceived conflict of interest with respect to air. The disclosures are reviewed by the legal office and the ethics officer. All employees are required to take annual training on conflict of interest. Employees are required to disclose and receive approval for outside business activities. Board committees receive reporting and provide regular oversight of related party transactions. In accordance with air policy, when the board encounters a matter about which a board member has a conflict of interest, that board member must recuse himself or herself from deliberations and decisions on the matter.”

“Compensation for air's officers, executives and key employees ("executive compensation") is reviewed and approved by the air board of directors on an annual basis. Air's president and ceo, who serves ex officio on the air board, is recused and not present for discussion and approval of executive compensation. Annually, the human resources and compensation committee (which is composed entirely of independent directors) of the air board engages an independent consultant to perform comparability reviews of executive compensation using externally published data and compensation surveys. A written report of this information provided by the compensation consultant is considered by the committee and the board in determining compensation for these individuals.”

“Air has made a public filing of its governing documents with the commonwealth of pennsylvania. Air makes audited financial statements and its conflict-of-interest policy available upon request.”

“Air generates evidence and applies data-driven solutions that expand opportunity and improve lives for all.”

“Subcontracts: program service expenses 48,511,206. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,511,206. Consultants: program service expenses 11,926,322. Management and general expenses 960,114. Fundraising expenses 142,609. Total expenses 13,029,045. Honoraria: program service expenses 2,963,084. Management and general expenses 844,975. Fundraising expenses 1,863. Total expenses 3,809,922. Temporary help: program service expenses 994,107. Management and general expenses 364,928. Fundraising expenses 59,926. Total expenses 1,418,961. Recruiting ads and agency fees: program service expenses 319,854. Management and general expenses 68,745. Fundraising expenses 23,515. Total expenses 412,114. Translators and interpreters: program service expenses 143,469. Management and general expenses 0. Fundraising expenses 0. Total expenses 143,469. Media buys: program service expenses 7,469. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,469.”

“Deferred tax benefit 668,671.”