Elemental Strings Inc

“The governing board acts as the compensation committee for the approval of compensation paid to the executive director and the program directors and all expense reimbursements made for program and administrative cost. Total compensation paid to the executive director for the 2014 fiscal year was 43,506. The total compensation paid to the program directors for the 2014 fiscal year was 13,000. It is the boards responsibility to determine that compensation paid is commensurate with the job requirements and skill level of the individual performing the task. The members of the board have sufficient and extensive experience in the general work environment to make the determination of the adequacy of the individuals skills and the fairness and competitiveness of the compensation paid.”

“The organizations governing documents have been submitted to the california attorney generals office and are open for public inspection. Pursuant to the requirements of the attorney general of the state of california the governing documents, conflict of interest policy and financial statements are open for public inspection upon request.”

“Program Service Expenses 28,462, Grants and allocations 0, Revenue 21,960 THE BERGMANN PROJECT BEGAN IN JANUARY AND OFFERED 50 QUALIFIED STUDENTS WITH 14 WEEKLY SMALL GROUP LESSONS. THESE LESSONS FOCUSED ON BUILDING AND STRENGTHENING TECHNIQUE AND MUSICIANSHIP FOR LOW INCOME STUDENTS IN THE COMMUNITY.”

“Form 990 is prepared by the organizations cpa and submitted to the executive director for review and signing. Form 990 income, expenses, assets and liabilities are compared to the totals provided by the organizations treasurer for accuracy and omissions.”

“Total other fees for services col a 104,820. Col b other fees for service consist of teaching artists 83,711, program director fees 13,000, program assistant 4,069, commission fees - 2250. Col c other fees for service consist of background checks 195, outside services 1,100. Col d other fees for service consists of auction expense 495.”