Earth Innovation Institute

“Line 2 explanation - board president and executive director, daniel nepstad, is not independent as he was compensated as an employee of the organization. Susan mcgrath, director, is the sibling of current deputy director david mcgrath and is also not independent. There are no other board members who are not independent as of 12/31/16.”

“Line 11b explanation - the form 990 was prepared by the outside accountants and reviewed by the executive director in consultation with the organization's legal counsel. A copy of the final form 990 was provided to the board prior to filing with the irs.”

“Compliance with the conflict of interest policy is monitored by the executive director. It is the duty of all earth innovation institute's employees, directors and officers to familiarize themselves with the conflict of interest policy and to disclose all conflicts and potential conflicts to the board of directors. A copy of the conflict of interest policy is furnished annually to all incumbent and incoming directors and officers of the corporation. In order to ensure that no conflict of interest regarding business transactions will have influence over the corporation, no director or officer may be present for a vote by the board on any decision that would directly or indirectly benefit such director or officer.”

“Earth innovation institute engaged an independent compensation consulting company to conduct an independent review for earth innovation institutes executive director and members of senior management. The compensation consultant provided information to the board of directors using comparable data from peer group irs 990 forms and published information from nonprofit compensation surveys. The board reviewed, discussed and deliberated the information and opinion provided by the consultant and resolved to approve the compensation of the executive director and members of senior management during its 2015 meeting. This included increases in salaries, wages and benefits as reviewed and approved by the board. Earth innovation institute engaged an independent compensation consulting company to conduct an independent review for earth innovation institutes executive director and members of senior management. The compensation consultant provided information to the board of directors using comparable data from peer group irs 990 forms and published information from nonprofit compensation surveys. The board reviewed, discussed and deliberated the information and opinion provided by the consultant and resolved to approve the compensation of the executive director and members of senior management during its 2015 meeting. This included increases in salaries, wages and benefits as reviewed and approved by the board.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Translation fees: program service expenses 42,457. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,457. Graphic design fees: program service expenses 2,671. Management and general expenses 1,470. Fundraising expenses 0. Total expenses 4,141. Outside contract services: program service expenses 981,117. Management and general expenses 3,027. Fundraising expenses 375. Total expenses 984,519. Payroll processing: program service expenses 0. Management and general expenses 20,598. Fundraising expenses 0. Total expenses 20,598.”