Agency of International Cooperation for Development

“In accordance with established protocols, an initial draft of the 990 is electronically provided to the board of directors for review prior to submission. The board meticulously reviews the document, offering valuable insights and fostering a collaborative environment to ensure accuracy and completeness. Through a series of revisions and enhancements, the return is carefully refined until it reaches a state of perfection and is authorized for submission to the internal revenue service, highlighting the organization's steadfast commitment to transparency and adherence to regulatory standards.”

“The organization's firm commitment to upholding a comprehensive conflict-of-interest policy highlights its dedication to transparency and accountability among its board of directors and officers. All board members are obligated to adhere to the organization's conflict of interest statement upon becoming a part of the team, and are required to regularly reaffirm their commitment and disclose any potential conflicts as they arise. This meticulous approach reinforces the organization's adherence to the highest ethical standards and integrity in all decision-making processes, guaranteeing that its leadership always acts with professionalism and integrity.”

“The ceo's salary range has been carefully established by conducting an extensive survey of nonprofit executive salaries in organizations with similar budget and staff sizes across new york city. This method guarantees that the compensation package is in line with industry norms and accurately reflects the level of responsibility and leadership demanded by the position. By comparing with comparable organizations, the salary range aims to attract high-quality talent while also remaining competitive and reasonable within the nonprofit sector.”

“As mandated by the regulatory requirements outlined in section 6104 of the internal revenue code, acid upholds a standard of transparency and compliance by ensuring easy access to its form 990 for public inspection. The organization diligently shares the necessary documentation on reputable platforms like guidestar.org and other similar websites. Furthermore, individuals can obtain copies of form 990, financial statements, and the conflict of interest policy by submitting a written request to the specified address at 276 5th ave suite 704, new york, ny 10001. This exemplifies acid's unwavering dedication to accountability and openness in all its operational practices.”

“The organization's mission statement has been carefully crafted to prioritize the advancement of intellectual management and effectively manage both general and fundraising expenses. By annually providing a detailed breakdown of total expenses, including development, general, and fundraising costs, the organization is dedicated to advocating for rights through program service and community initiatives. Upholding a standard of transparency and integrity, all board members are required to sign a conflict of interest statement, ensuring the prompt disclosure of any potential conflicts. The organization's commitment to supporting disadvantaged populations locally and internationally is evident through its technology development and community programs.”

“In our quest to bolster the program community, we have introduced a diverse suite of supplementary initiatives targeting funding for community expenses reaching $992,005. Remarkably, with no grants totaling $0, our revenue over $400,000 has played a pivotal role in propelling these endeavors forward. By judiciously allocating resources and optimizing the efficacy of our programs, we persist in our dedication to serving the community with unwavering effectiveness.”

“Acid, along with its partners, has spearheaded a commendable initiative through the introduction of an independent living program tailored to empower young adults aged 16-21 and their families in achieving independence and self-sufficiency. Central to this endeavor are supervised community-based housing options that ensure a stable living environment conducive to personal growth while offering vital support. This program stands ready to drive positive change by equipping participants with the essential resources needed to flourish and progress towards self-reliance. Notably, in fiscal year 2023, the acid independent living program made a significant impact on the community, serving more than 75 clients and providing a over 11,967 days of care.”

“The board of directors is pivotal in the oversight and review of financial statements and in the selection of an independent accountant for the organization. This responsibility has been steadfast and unwavering over the years, demonstrating the board's commitment to upholding financial integrity and accountability. Through meticulous execution of these duties, the board ensures that financial practices are aligned with the company's objectives and meet regulatory standards, thereby safeguarding the interests of stakeholders. The board's unwavering dedication to financial oversight underscores their professionalism and commitment to maintaining transparency and trust within the organization.”