The Praxis Project Inc.

“The form 990 is prepared by an independent accountant, in conjunction with the organization's accounting and finance department. The draft form 990 is then reviewed by the organization's associate director and executive director; adjustments are made as necessary. A complete copy of form 990 is then provided to the voting members of the governing body for review and comment prior to filing with the internal revenue service.”

“Each employee and board member is required to complete a conflict of interest statement when hired, identifying any area which may cause a conflict; board members are required to do so annually. If employees have influence on transactions involving purchases, contracts, or leases, they are required to disclose the potential conflict to the executive director or board of directors as soon as possible; the executive director and members of the board of directors disclose conflicts to the board of directors. The executive director (in the case of a conflicted employee) or non-conflicted members of the board of directors deliberate on the course of action in regards to the potential transaction, which is documented in the minutes of the board meeting, if applicable.”

“The compensation committee of the board of directors meets to review employee compensation, utilizing compensation survey data to assist in determining appropriate compensation for all employees. Any changes to executive director compensation is reviewed and approved by the board of directors. The organization does not compensate any additional officers or key employees (by definition of the form 990 instructions); accordingly, form 990, part vi, section b, line 15b has been answered "no".”

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

“Professional fees - media/communications: program service expenses 262,778. Management and general expenses 26,220. Fundraising expenses 48. Total expenses 289,046. Honoraria & speaker fees: program service expenses 256,018. Management and general expenses 27,278. Fundraising expenses 109. Total expenses 283,405. Professional fees - events: program service expenses 34,942. Management and general expenses 11,805. Fundraising expenses 208. Total expenses 46,955. Payroll fees: program service expenses 25,069. Management and general expenses 851. Fundraising expenses 2,836. Total expenses 28,756. Professional fees - human resourcing: program service expenses 13,160. Management and general expenses 5,773. Fundraising expenses 232. Total expenses 19,165. Professional fees - compliance services: program service expenses 2,512. Management and general expenses 297. Fundraising expenses 0. Total expenses 2,809. Temporary staffing: program service expenses 0. Management and general expenses 2,315. Fundraising expenses 0. Total expenses 2,315. Professional fees - other: program service expenses 904,160. Management and general expenses 259,211. Fundraising expenses 22,176. Total expenses 1,185,547.”

“Write-off of prior year pledge/contribution revenue -5,500.”