Corporate Action Network

“Form 990 is prepared by outside independent accounting firm and reviewed by senior management level. The return is then reviewed and approved by the executive director. A copy of the return is sent to the entire board before it is filed with irs.”

“All employees are required to at least annually sign a written statement in the annual acknowledgement form to confirm that they have received, read, and understood the organization's code of ethics. Annually each management person must complete a disclosure form identifying any relationships, positions or circumstances in which he or she is involved or that he or she believes could contribute to a conflict of interest. This information is treated as confidential and only is made available to the chairman of the board/designated committee, except to the extent additional disclosure is necessary in connection with the implementation of the organization's conflict of interest policy. The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy. An interested person may make a presentation at the board/designated committee meeting at which the possible conflict of interest is discussed, but after the presentation, he or she shall leave the meeting during the discussion of, and the vote on, the transaction or activities involving the possible conflict of interest.”

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

“Contract services: program service expenses 46,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 46,000. Business registration fees: program service expenses 0. Management and general expenses 449. Fundraising expenses 0. Total expenses 449.”