Pahara Institute

“There are currently no committees authorized to act on behalf of the board.”

“When the form 990 is complete, it is sent to the chief executive officer, director of operations and bookkeeper for review. If any changes are required, they are made at this time. Following management's review and approval, the form 990 is forwarded to the full board for their review and comment before filing.”

“In connection with any actual or possible conflict of interest, directors, officers and members of a committee with governing board delegated powers who have a direct or indirect financial interest (i.e. Interested person) have a duty to disclose and shall fully disclose the existence of the financial interest and all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. Upon disclosure of a possible conflict of interest and all material facts and after discussion with the interested person he or she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members determine if a conflict of interest exists. The minutes to the governing board and all committees with board delegated powers shall contain the names of persons who disclosed or were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the interest, any action taken to determine whether a conflict of interest was present and the decision as to whether the conflict of interest exists. Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a disclosure statement which affirms each person has received a copy of the conflict of interest policy, has read, understands and has agreed to comply with the policy.”

“Compensation for the organization's ceo was determined in accordance with the conflict of interest policy. The board meets to discuss the compensation, recusing the ceo. The board reviews the compensation amount, along with comparability data for similar sized organizations and job/ position which is obtained from independent sources then votes and approves the compensation and documents such as in the board minutes. Ceo compensation was last adjusted in fiscal year 2013 and there was no change in ceo compensation for fiscal year 2020. The compensation for all other executive level staff is reviewed and approved by the ceo based on budget and comparison to similar organizations. In late 2019, the pahara institute commissioned a compensation study by an outside firm to review and validate all executive level salaries.”

“The organization's governing documents, conflict of interest policy, financial statements, and other required information are available to the public upon request.”

“Payroll processing/service fees: program service expenses 20,686. Management and general expenses 2,184. Fundraising expenses 4,272. Total expenses 27,142. Selection and project advising: program service expenses 28,124. Management and general expenses 21,175. Fundraising expenses 0. Total expenses 49,299. Other outside contract services: program service expenses 80,365. Management and general expenses 38,028. Fundraising expenses 0. Total expenses 118,393. Consulting: program service expenses 154,750. Management and general expenses 37,388. Fundraising expenses 0. Total expenses 192,138. Branding: program service expenses 0. Management and general expenses 3,015. Fundraising expenses 0. Total expenses 3,015. General and admin: program service expenses 0. Management and general expenses 231. Fundraising expenses 0. Total expenses 231. Knowledge management systems: program service expenses 10,067. Management and general expenses 1,707. Fundraising expenses 0. Total expenses 11,774.”