Student Research and Development

“A draft copy of the form 990 is made available to the Board of Directors one week before filing.”

“Directors and employees are required to sign a written conflict of interest policy each year. The organization's bylaws provide provisions for reporting and investigating suspected conflicts of interests.”

“Compensation for the Executive Director, key employees, and other highly paid individuals must be approved by a majority of directors, who compare the compensation to at least three other similar non-profit organizations when making a decision. The employee whose compensation is under review may not participate in this discussion. This process was last undertaken for the Executive Director position in Fall 2016, establishing a salary of up to $60,000 per year.”

“Governing documents are available on our website, and provided upon written or emailed request.”

“In the 2017-18 fiscal year, SRND launched its new CS FAIRS program which provides educational Computer Science field trips to school groups during the school day.”

“SRND ended its fiscal sponsorship of the Hacker Fund program listed on the 2016-17 fiscal year return. Hacker Fund is now an independent 501(c)(3). SRND continues to partner with the group on program delivery in some instances.”

“An adjustment of $343 was made to account for a $154.37 error in the prior period's depreciation calculation (2016-17 990 Part X Line 10c), a $185.43 error in the prior period's calculation of deferred program service revenue for CodeLabs (2016-17 990 Part X Line 17) and a $3 total rounding error.”