The Praxis Project Inc.

“The board has appointed the finance committee to assist in preparing the tax form 990. The finance committee is chaired by the treasurer and is made up of board members and staff who have expertise in finance. The committee approves the 990 for filing before the due date. At the annual meeting each board member receives a copy of the 990 for review. If upon review any issues or discrepancies are found, an amended 990 is prepared for board review and approval and filed with the irs.”

“The praxis project has a conflict of interest policy. Each employee is required to complete a conflict of interest statement when hired identifying any area that they think may be a conflict as defined in the policy. If employees have influence on transactions involving purchases, contract, or leases they are required to disclose to the executive director or board of directors as soon as possible the existence of any actual or potential conflict of interest so that safeguards can be established to protect all parties. Praxis monitors and enforces compliance with the policy to ensure those employees or board members who have direct access to contractual agreements and financial disclosure update their forms. The board of directors fill out and sign a new conflict of interest form each year at the annual board of directors meeting.”

“First, staff and board executive committee consult with personnel experts and market research including studies from the nonprofit website charity navigator and others to identify appropriate compensation ranges that are in line with organizational values and market trends. Second, the compensation scale is submitted to the board for approval as part of the budget process. In some cases, additional factors are considered by board and supervising staff including meritorious service, length of tenure and staff growth and development. The last such review took place in august of 2014.”

“The organization makes its financial statements and governing documents available to the public upon request.”

“Consultants: program service expenses 420,868. Management and general expenses 0. Fundraising expenses 12,663. Total expenses 433,531. Honoraria: program service expenses 14,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,500. Professional fees: program service expenses 49,633. Management and general expenses 7,209. Fundraising expenses 0. Total expenses 56,842.”