Measured Progress Inc

“The Accounting Manager provides all necessary information to the tax preparers. In succession, a draft of the 990s are reviewed by the Accounting Manager and the CFO. The CEO, CLO, and the Finance Committee of the Board review before the final is filed with the IRS.”

“Each member of the Board of Directors must disclose conflicts of interest annually. If any matter comes before the Board in such a way as to give rise to a conflict of interest, the affected Director must disclose the interest in good faith in advance of any Board action or discussion, as well as any relevant and material facts that might reasonably be construed to be adverse to Measured Progress. The affected Director must also withdraw from the meeting after fulfilling the above requirements as long as the matter is under discussion. The affected Director may not participate in any vote related to the transaction or contract in question.”

“The Organization maintains a compensation program which benchmarks salaries for key employees and officers against external market data for comparable organizations. Authorization follows a formal approval process. The Executive Compensation Committee of the Board of Directors is comprised of external Board members. This group is responsible for reviewing, on an annual basis, the salaries of the President and Chief Executive Officer (CEO). The review includes consideration of external market data from comparable organizations. The Board of Directors formally approves the compensation established for the President & CEO. The establishment of key employee salaries follows a formal review and approval process, which also includes an analysis of external market data and salary surveys from comparable organizations.”

“The Organization fully complies with all legal disclosure requirements and makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“Daniel Caton, Karen Cowe, Mark Elgart, Ellen Haley, Tim Loomer, and Dr. Paul Ramsey, received a stipend for serving as board members of Measured Progress, Inc. They received no compensation for services rendered to the Organization as employees or independent contractors. In accordance with IRS instructions, these individuals have been listed on Part VI, Line 1b as independent board members.”

“Other Fees: Program service expenses 11,447,963. Management and general expenses 107,401. Fundraising expenses 0. Total expenses 11,555,364. Consulting Fees: Program service expenses 26,690,401. Management and general expenses 531,022. Fundraising expenses 0. Total expenses 27,221,423.”

“Section 1.263(a)-3(n) Election: Measured Progress, Inc. 100 Education Way Dover, NH 03820 EIN: 31-1668672 Section 1.263(a)-3(n) Election: Measured Progress, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n).”

“Change in Interest Rate Swap 576,779.”