Spatial Informatics Group Natural Assets Laboratory

“Prior tax returns were prepared on the cash basis of accounting. Beginning with the 2023 tax year, the organization is preparing its books and tax returns on the accrual method of accounting, as their gross receipts require an audit of their financial records.”

“Form 990 is prepared by an outside tax professional. The form is then reviewed bythe organization's management. The final version of the tax return is provided to all members of the organization's voting body. A representative of management or the board authorizes the final form 990 which is then e-filed with the internal revenue service.”

“Members of the board of directors review the compensation of all high-level personnel periodically in accordance with irs rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies and procedures.”

“Compensation of other personnel and key employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.”

“All of the organization's governing documents, financial statements and other legalfilings are maintained in a secure environment and held available for inspection bytax authorities and the general public. Tax returns are posted annually towww.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office in pleasanton, california.”

“change from cash to accrual accounting = -$13839”