Nsf International

“Prior to the filing with the irs, a completed copy of the current year form 990 is posted on the board of director's website. All board members have access to the form 990 and can download and review the document. The audit/finance committee (comprised of members of the board of directors) is responsible for monitoring this process and for confirming that form 990 is posted to the website in a timely manner.”

“All officers, directors and key employees must disclose to the general counsel any potential conflict of interest that they might have. In addition, all employees are required to undergo code of ethics training annually. As a part of the training, employees are reminded of the conflict of interest policy and their continuing obligation to report potential conflicts.”

“Each year during the january board meeting and after the publication of the prior year financial results, the compensation committee (comprised of members of the board of directors) reviews the compensation of all corporate officers and board members and recommends adjustments to compensation as necessary. The full board of directors reviews the recommendations of the compensation committee and approves adjustments to compensation, if deemed appropriate. This compensation review/recommendation/approval process was last done in january 2018. In addition, compensation studies are performed periodically by an outside firm to assist the compensation committee in the review of the officer's compensation. The last compensation study was performed in december 2018.”

“The organization's governance documentation, the conflict of interest policy, and financial statements are all available to the public upon request. Request can be made by emailing to [email protected] or calling (734) 769-8010.”

“The nsf sustainability division was moved to a for profit entity during 2018 and is no longer considered to be a part of nsf international's program services.”

“Subcontract labor: program service expenses 5,179,986. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,179,986. Service contracts: program service expenses 1,589,920. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,589,920. Recruitment: program service expenses 0. Management and general expenses 1,022,473. Fundraising expenses 0. Total expenses 1,022,473. Employee training: program service expenses 144,848. Management and general expenses 86,034. Fundraising expenses 0. Total expenses 230,882. Professional fees: program service expenses 0. Management and general expenses 857,424. Fundraising expenses 0. Total expenses 857,424. Subcontract services: program service expenses 10,014,185. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,014,185. Purchased services: program service expenses 1,117,490. Management and general expenses 224,396. Fundraising expenses 0. Total expenses 1,341,886.”

“Contingent consideration gain 102,243. Prior year subs earnings 3,296,598.”