Center for Responsible Enterprise & Trade

“Federal form 990 is prepared by an independent accounting firm after the financial audit is completed. The form is reviewed by all board members prior to submitting it to the internal revenue service.”

“The conflict of interest policy covers all directors, officers and employees and is monitored by the board and are reviewed & maintained by the president. The entire board reviews each transaction to come before the board for potential or actual conflicts of interest. If potential or actual conflicts of interest (past, present or future) are identified, the president and board of directors discuss the conflict of interest. Any activities or relationships which present a conflict of interest or appear to present a conflict must be avoided or terminated unless, after full disclosure, it is determined by the center that the activity is not harmful to the center or otherwise improper. The identified conflicts of interest and appropriate recusals are documented and maintained as confidential materials in accordance with the centers document retention policy. The center requires that (a)directors, (b)officers and (c) employees identified by the center from time to time as key employees promptly disclose any situations or transactions that give rise to, or reasonably would be expected to give rise to, a conflict of interest or the appearance of a conflict of interest. If an individual thinks that he or she has a conflict of interest, or something that others could reasonably perceive as a conflict of interest, the individual must report it to the president of the center (or an individual designated from time to time by the president). The president (or an individual designated from time to time by the president) is responsible for consulting with the board of directors and discussing the situation with the individual after the board of directors has arrived at a decision. No director, officer or key employee may participate in any decision to determine whether he or she has a conflict of interest. Any activity or relationship which presents a conflict of interest or appears to present a conflict must be avoided or terminated unless, after full disclosure, it is determined by the center that the activity is not harmful to the center or otherwise improper. All conflicts and appearances of conflicts of interest must go through this process.”

“Compensation committee was established in july 2014. In june 2015, the committee reviewed ceo's fy2015 performance bonus and fy2015 compensation. Minutes of the compensation committee meetings are maintained by the organization.”

“The governing documents, conflict of interest policy and financial statements are not made available to the public.”

“During 2015 create released its leading practices program. Create offers three key services designed to help companies improve compliance systems: create leading practices for ip protection, create leading practices for trade secret protection, and create leading practices for anti-corruption. Each service features the following steps: self-assessment, independent evaluation, and a summary report and online tools for improvement. Create also offers a range of training and customized workshops and webinars including introduction to ip, protecting trade secrets, and global anti-corruption essentials. The create leading practices for trade secret protection was soft-launched during the 2015 fiscal year and will be made broadly available in the 2016 fiscal year.”

“Payroll & benefits administration fees: program service expenses 0. Management and general expenses 22,794. Fundraising expenses 0. Total expenses 22,794. Program development: program service expenses 73,084. Management and general expenses 0. Fundraising expenses 0. Total expenses 73,084. Leading practices program expenses : program service expenses 87,594. Management and general expenses 47,352. Fundraising expenses 0. Total expenses 134,946. Telephone: program service expenses 0. Management and general expenses 14,590. Fundraising expenses 0. Total expenses 14,590. Internet: program service expenses 0. Management and general expenses 11,804. Fundraising expenses 0. Total expenses 11,804.”