Futures Ignite Inc

“Finance committee reviews the form 990, and then fowards the form 990 to the board to approve and file if there are no questions.”

“Futures ignite has a conflict of interest policy that the board of directors sign yearly. In addition, every board member must sign an annual conflict of interest disclosure and a whistleblower form. In addition, the chair of the finance committee, john chiti in fy24, and now jonathan vazcones, former board chair (in fy24, he has since passed the role onto new board chairs) serving as the finance committee chair, reviews the quarterly credit card spending for the executive director in particular, as well as the entire organization. These credit card statements are provided by futures ignite accounting company, ncheng, llp. For fy24, the credit card statements were reviewed by john chiti. Lastly, the board of directors executive committee members and finance committee communicate regularly with ncheng without the executive director, including on issues of executive compensation, financial statements and controls, and monthly reports.”

“The executive officer's salary compensation is determined through a review conducted by the board chair and one of the two vice co-chairs, jon vazcones and kristin ohnstad. In addition to conducting staff feedback surveys and interviews, these board members consulted with fellow board members. They reviewed the executive director's performance concerning her fiscal year performance goals and plan. The board of directors also reviewed and analyzed nonprofit salary benchmarks, reviewing two 2022 nonprofit compensation reports by nonprofit ny and the new york council of nonprofits. Lastly, the board of directors worked closely with the e.d. To approve her fy24 performance goals and plan.”

“The organization makes its govering documents and conflict of interest policy available to the general public upon request.”

“Consultants: program service expenses 111,080. Management and general expenses 54,023. Fundraising expenses 17,391. Total expenses 182,494. Professional and technology services: program service expenses 41,445. Management and general expenses 9,182. Fundraising expenses 14,788. Total expenses 65,415.”