Ultraviolet Education Fund

“The federal form 990 was first reviewed by the director of finance and outside counsel. It was then approved by the co-founders & co-executive directors and the chief operating officer. The final draft was then forwarded to the board of directors before filing with the internal revenue service.”

“Upon or before hire, election, or appointment, each employee and board member provides a full written disclosure of all direct or indirect financial interests that could potentially result in a conflict of interest. Employees and board members disclose any interests in a proposed transaction or decision that may create a conflict of interest. After disclosure, the employee or board member will not be permitted to participate in the transaction or decision. Should there be any dispute as to whether a conflict of interest exists: 1) the co-founders & co-executive directors determines whether a conflict of interest exists for an employee, and determines the appropriate response. 2) the board of directors determines whether a conflict of interest exists for the co-founders & co-executive directors or a board member, and determines the appropriate response. If the board or executive committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it informs the member of the basis for such belief and affords the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the board or committee determines the member has failed to disclose an actual or possible conflict of interest, it takes appropriate disciplinary corrective action.”

“The compensation of the co-founders & co-executive directors involves an analysis of comparable salaries at other non-profit organizations of a similar size. The final compensation is reviewed and approved by the board of directors, in addition to being documented via email. The co-founders & co-executive directors whose salaries are under review abstained from the debate and vote. The last date of compensation review took place in december 2016.”

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

“Communications contracting: program service expenses 193,572. Management and general expenses 0. Fundraising expenses 0. Total expenses 193,572. Creative contracting: program service expenses 127,944. Management and general expenses 0. Fundraising expenses 0. Total expenses 127,944. Other consulting: program service expenses 42,100. Management and general expenses 0. Fundraising expenses 0. Total expenses 42,100. Other professional fees: program service expenses 28,020. Management and general expenses 100. Fundraising expenses 3,450. Total expenses 31,570. Payroll processing fees: program service expenses 51,260. Management and general expenses 1,288. Fundraising expenses 826. Total expenses 53,374.”

“Prior year de-obligated donor awards -20,000.”