Akoben Foundation Inc

“Form 990 is prepared by an outside accounting firm. Before submission to the irs, the completed form 990 is shared with all members of the board of directors. The completed form 990 must be approved by ryan turner, executive director, bill blatt, chairman of the board, and alisha sparks, treasurer, prior to submission.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy by periodically reviewing, at a minimum, the following subjects: a) whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining. B) whether partnerships, joint ventures, and arrangements with management corporations conform to the corporation's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurnment, impermissible private benefit or in an excess benefit transaction.”

“The executive director's total compensation remained unchanged during the fiscal year ending 7/31/17. That compensation level was determined during the fiscal year ending 7/31/16 using the following process: during the fiscal year ending 7/31/16,the executive director's total compensation was determined by looking at executive director salary and benefit information available on the internet, considering the size of the target budget for akoben, the amount of direct supervisory activity (including the number of annual hires required), as well as other relevant data. The chairman of the board developed an average view of the salary and benefits scale for the baltimore area, and then picked a number commensurate with the executive director's experience level. The amount of the executive director's proposed salary and his performance over the previous 15 months were discussed at the march 28, 2016 board meeting (the executive director was excused from the meeting for this discussion). After a healthy discussion on those topics, the board voted to approve the executive director's current salary. There are no benefits of any kind other than payroll taxes. None of the board members are paid or related to the executive director in any way.”

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

“Akoben's volunteer's include guest readers, event voluteers and outreach volunteers.”