New Knowledge Organization Ltd

“The form 990 is reviewed by the organizations president & ceo.”

“Board members and officers are required to disclose any actual or possible conflict of interest with the governing board. After disclosure, the individual in question must recuse themselves from voting on the matter. Such matters involving the existence of conflicts on interest are to be documented in the minutes of the governing board. On an annual basis, each board member and officer is required to sign a statement which affirms that they received a copy of the conflict of interest policy.”

“The compensation of the president & ceo was determined by the compensation committee in an executive session of the voting trustees. The decision was based on compensation data from similarly situated non-profit organizations, and the advice of an external advisor. The process was last conducted in 2018 for the 2019 tax year.”

“The organization makes its form 1023 and 990 available to the public upon request. The organization posts its 990 on its website. The 990 is also available on guidestar.org. The organizations governing documents, conflict of interest policy, and financial statements are available upon request via email to the president & ceo or any board member.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”

“Due to COVID-19 protocols instituted by the Federal government and the State of New York, Knology changed how it was able to provide its services and execute on its contracts by: 1) switching all employees to remote employees due to the office space in New York City being uninhabitable due to COVID-19 restrictions, 2) adjusting staffing hours and workload as a result of postponed and cancelled contracts (both on a private and Federal level) and 3 managing a more strict budget due to the same postponements highlighted above.”

“Form 990, part iii, line 1, description of organization mission:knology conducts social science research so others can facilitate individual and community wellness, healthy biosphere and a just society; scientific research in the fields of psychology, sociology, anthropology, economics, education, culture, health, media and wellness.”