Hellenic Initiative Inc.

“The form 990 is first reviewed by the executive director and program coordinator. Once approved, the form 990 is then provided to the executive committee for their review. Prior to filing, the complete form 990 is made available to all members of the board.”

“Board members are required to disclose all conflict of interest as they arise, including if a conflict is equivocal. The conflict of interest policy is provided to all new board members. Board members shall not participate in the decision of any matter in which they may have a conflict of interest; nor shall they participate in the discussion of such a matter unless the nature of the conflict has first been disclosed to the other participants in the discussion. The usual procedure should be that the member affected by the conflict of interest announces the existence of the conflict and the minutes reflect the fact that the member did not participate in the decision of the matter, nor in the discussion, if that be the case.”

“The executive director's compensation is determined by the executive committee based on comparable data.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public as requested and are provided via mail or electronic copy as appropriate.”

“Social media services: program service expenses 0. Management and general expenses 0. Fundraising expenses 48,004. Total expenses 48,004. Design fees: program service expenses 0. Management and general expenses 0. Fundraising expenses 53,134. Total expenses 53,134. Strategic planning: program service expenses 0. Management and general expenses 0. Fundraising expenses 7,500. Total expenses 7,500. Summer interns: program service expenses 0. Management and general expenses 4,410. Fundraising expenses 0. Total expenses 4,410. Media: program service expenses 0. Management and general expenses 0. Fundraising expenses 15,623. Total expenses 15,623. Administrative services: program service expenses 0. Management and general expenses 13,038. Fundraising expenses 0. Total expenses 13,038. Copy editor: program service expenses 0. Management and general expenses 14,303. Fundraising expenses 0. Total expenses 14,303. International ammbassadors: program service expenses 0. Management and general expenses 0. Fundraising expenses 97,500. Total expenses 97,500. Community events director: program service expenses 0. Management and general expenses 0. Fundraising expenses 103,500. Total expenses 103,500.”

“The organization is amending the form 990 to reallocate the fees for services expenses to the appropriate line items in part ix - statement of functional expenses. Summary of changes: original amended 1. Form 990, part ix statement of functional expenses line 11a management, column (c) $120,585 $204,248 line 11c accounting, column (c) $132,004 $21,000 line 11g other, column (c) $4,410 $31,751 line 11a management, column (d) $164,091 $66,591 line 11c accounting, column (d) $103,500 $0 line 11g other, column (d) $124,261 $325,261”