Curious Learning a Global Literacy Project Inc.

“The federal form 990 is prepared by our public accounting firm and then first reviewed by the executive director. Upon agreement with the reporting, the form is then presented to the full board of directors for their review and comment prior to filing with the internal revenue service.”

“The board annually reviews the conflict of interest policy and discloses any potential conflict of interest. All staff and the board of directors sign a conflict of interest disclosure statement annually. The coi policy is always taken into consideration when there is the potential for conflict, particularly when signing new contracts or beginning new relationships. Any possible appearance of conflict of interest that arises in the course of business is researched to determine the existence of a conflict. If a contract is to be made with a related party, it is disclosed to the board and a vote is taken. Board members are precluded from voting on matters for which a conflict exists.”

“Curious learning has a compensation committee that is comprised of members of the board of directors. The committee used comparable data, such as the federal form of other commensurate non-profit organizations, and a compensation survey to determine the compensation for the executive director. This decision was documented in the minutes at the time of the decision. For the year ended august 31, 2015, while no compensation was paid out, a decision was reached and therefore compensation will be paid in the following fiscal year.”

“Curious learning makes its governing documents, conflict of interest policy, financial statements, and federal forms 1023 and 990 available to the public upon request.”

“Business development consulting: program service expenses 27,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,000.”