Seed Spot

“The executive director of the organization distributes a pdf copy of the 990 return to all board members for review and comment prior to being filed. At the first meeting of the board following the filing of their 990 with the irs, the complete form 990 is presented to the board by the organizations lead officers with responsibility over the form 990s review thereafter, questions are taken and the form , its preparation and its public relations impact is discussed.”

“At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there coule be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.”

“The board of directors reviews the compenstion for the executive director by comparing her compensation to the compensation of individuals in like positions in comparable organizations using form 990, compensation studies and other available data. The board then approves any changes in compensation based on this information. The board of directors also review any other directors compensation using the same methodology, comparing their compensation to that of those in like positions in comparable organizations using form 990, compensation studies and other available data. The board then approves any changes in compensation based on this information. The organization has no other employees meeting the definition of key employee.”

“The organization will provide in a timely manner, copies of all governing documents including its conflict of interest policies and filed tax returns when requested in writing or in person.”

“Additional contractors included instructors, cirriculum developers, project coordinators, public relations, database professionals, etc.”