Future Problem Solving Program International Inc.

“The organization's national, regional and state affiliate programs serve as its members.”

“The members of fpspi (affiliate programs, and collectively the affiliate council) elect the members of the board of trustees, which is the governing body of fpspi. The affiliate council elects members of the board of trustees from a ballot of candidates selected by a nominating committee and others nominated by petition signed by at least six affiliate programs and submitted to the secretary prior to the start of the election. Approximately one-third of the board of trustees positions come up for election each year.”

“A number of board of trustees decisions are subject to affiliate council approval, including changes to the articles of incorporation, bylaws, policies, and rules and changes in the annual affiliate assessment. In addition, the affiliate council must approve the evaluation guidelines and score sheet changes, on the recommendation of the evaluation committee, and topics for the "global issues problem solving" competition, on the recommendation of the topics committee, in both cases without board of trustees involvement.”

“The 990 was reviewed by the executive director, president, policy committee chair, and finance committee chair (treasurer), and was provided to all trustees for further review before it was finalized by the preparing accountant.”

“The board of trustees enforces the policy whenever transactions are considered that may involve a conflict of interest. Starting in 2010, all members of the affiliate council are required to affirm their ongoing compliance on their behalf, and on behalf of their affiliate directors and nominees to be members of committees of the affiliate council, when they re-execute their charters. All trustees and the executive director are required to annually disclose in writing whether they have any financial interests with respect to transactions in which the organization is a participant (i.e., situations that may give rise to a conflist of interest with the organization).”

“Executive director compensation was initially approved by the board of trustees and was compared to that paid by similarly situated organizations. Executive director compensation is reviewed annually by the board of trustees and its finance committee and personnel committee.”

“Persons who wish to review the organization's governing documents, conflict of interest policy and financial statements should call the telephone number listed on this return. A time will be scheduled for them to visit the office where all documents are available for their perusal.”

“The accounting firm used for the annual audit will be chosen by the finance committee after consultation with the executive director and after careful consideration of the firm's reputation and expertise in work with non- profit organizations. The finance committee will determine by april 30 of each year whether to continue with the existing auditor or whether a change is needed.”