Neurofit Networks Inc DBA Parkinson

“Contracted auditors prepare the 990, and the form is reviewed at three levels: management, finance committee (including treasurer), and the full board. After the finance committee approves the 990 and the deadline for full board review has been met, the auditors receive notice to submit the form to the irs. Arizona no longer requires an information return for not-for-profit organizations, but continues to require a copy of the federal 990-t if one is prepared.”

“Pwr! Monitors conflicts of interest to avoid both actual and perceived conflicts of interest. Each director, principal officer, and other persons with perceived and/or actual influence within the organization signs an annual statement which affirms s/he (1) has received a copy of the conflict of interest policy, (2) has read and understands the policy, and (3) has agreed to comply with the policy.”

“Compensation and benefits arrangements, along with other business relationships are periodically reviewed for reasonability, proper documentation, and to ensure that no impermissible private benefits result. The board or compensation committee obtain and rely upon appropriate, comparable data prior to approving the terms of compensation. Appropriate data may include the following: (1) compensation levels paid by similarly-situated organizations, both taxable and tax-exempt, for functionally comparable positions. 'similarly situated organizations are those of a similar size and purpose and with similar resources (2) the availability of similar services in the geographic area of the organization (3) current compensation surveys compiled by independent firms (4) actual written offers from similar institutions competing for the services of the person who is the subject of the compensation arrangement (5) review of the asu lodestar center for philanthropy & nonprofit innovation 'nonprofit compensation and benefits report' (6) review of the guidestar 'nonprofit compensation report'”

“The irs form 990 and the application for exemption are available upon request. There is a nominal fee for copying, plus actual postage costs, if the response is to be mailed. Requests made in person are handled immediately. Requests received by email or usps are processed within 30 calendar days. The irs form 990 is also available at irs.gov and at guidestar.org. Governing documents, policies, and financial statements are available upon request. There is a nominal fee for copying, plus actual postage costs, if the response is to be mailed. Requests made in person are handled immediately. Requests received by email or usps are processed within 30 calendar days.”

“Loss on disposal of assets -27,314.”

“Pwr!'s finance committee assumes responsibility for oversight of the audit and compilation of its financial statements. Pwr!'s board of directors also assumes that responsibility, as well as selecting an independent auditor.”