Center for Active Design Inc.

“Reena agarwal, coo, and vineet bedi, board member, have a family relationship.”

“The organization uses an outside management company, prestige employee administrators, a professional employer organization ("peo") as a co-employer. The peo was paid $10,552 in 2019 for their services. Prestige provides various professional employer services to the organization, and the responsibilities of the employees are shared between the organization and prestige.”

“The center for active design, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by the president & ceo and treasurer and is ready to be filed with the internal revenue service, it is electronically sent to the board.”

“The organization has a conflict of interest policy which applies to all directors and officers of the organization. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/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 shall decide if a conflict of interest exists. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. Each director, principal, officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: (a) has received a copy of the conflicts of interest policy, (b) has read and understands the policy, (c) has agreed to comply with the policy, and (d) understands the corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“Salary for all positions, including that of the president & ceo, is set based on compensation research provided by payscale, which uses comparable compensation from compensation surveys. Compensation determination is determined and approved by the board of directors and documented in writing in the board minutes. This process was last undertaken in 2019.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request.”

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

“The organization has reviewed its fitwel certification agreements and concluded that fitwel certification fees include three performance obligations which are satisfied over time as each performance obligation is fulfilled. Previously, fitwel certification fees were recognized on a lump sum basis upon issuance of the fitwel certificate to the customer. This change in accounting policy resulted in a one-time adjustment increasing net assets by $83,625 on january 1, 2019.”