Rfefl Inc

“The board acts in full, there are no committees with authority to act on behalf of the board.”

“The tax return was prepared by the comptroller and reviewed by independent accountants. The prepared form was circulated to the senior finance management team. The form was then provided to the board secretary for distribution to the members of the board of directors. The final form was signed by the vp, chief financial officer & treasurer and provided to the independent accountants for filing.”

“Federal employees are subject to conflict-of-interest rules prescribed by federal law and regulation. Each member of the rfe/rl board, in his or her capacity as a member of the broadcasting board of governors, files a form 450 (u.s. Office of government ethics) financial disclosure report. Oge guidance indicates that the "purpose of [that] report is to assist employees and their agencies in avoiding conflicts between official duties and private financial interests or affiliations." all employees, including officers, are required to make annual submissions regarding their interests. Rfe/rl's policies and procedures manual contains strong, clear language regarding conflicts of interest, including provisions for disciplinary action. The organization regularly and consistently monitors and enforces compliance with its conflict of interest policy. Cases of potential conflict of interest are referred to the rfe/rl general counsel, who investigates and makes a determination as to whether or not the conflict of interest policy has been violated. If rfe/rl determines that the policy has been violated, the employee in question is subject to disciplinary action up to and including termination.”

“Compensation for the executive director/president is set by statute at executive level iv. The process does not include comparability, market data, deliberation, or review. Compensation for three senior executive positions in washington, d.c., is set by statute at executive level iii. The process does not include comparability, market data, deliberation, or review; however, the process for key personnel includes comparability, market data, deliberation, and review subject to executive level iv maximums. The last compensation review took place on 04/01/2018.”

“Rfe/rl, inc. Makes its governing documents, conflict of interest policy and finanical statements available to the public upon request.”

“Several former directors received compensation from a related organization. Rfe/rl has requested the information but as of filing it wasn't provided by the related organization. Based on prior year amounts, management believes the amount reportable to rfe/rl is minimal.”

“Research: program service expenses 218,813. Management and general expenses 0. Fundraising expenses 0. Total expenses 218,813. Translation: program service expenses 176,229. Management and general expenses 1,861. Fundraising expenses 0. Total expenses 178,090. Transport services: program service expenses 173,315. Management and general expenses 22,409. Fundraising expenses 0. Total expenses 195,724. Bureau services: program service expenses 530,031. Management and general expenses 101,176. Fundraising expenses 0. Total expenses 631,207. Freelance services: program service expenses 11,894,286. Management and general expenses 37,948. Fundraising expenses 0. Total expenses 11,932,234. Content support: program service expenses 2,545,294. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,545,294. Other prof. Fees: program service expenses 3,391,105. Management and general expenses 1,165,674. Fundraising expenses 0. Total expenses 4,556,779. General support services: program service expenses 69,110. Management and general expenses 515,065. Fundraising expenses 0. Total expenses 584,175. Protective services: program service expenses 0. Management and general expenses 2,098,799. Fundraising expenses 0. Total expenses 2,098,799.”

“Change in pension benefit and post-retirement liability obligations 37,280,923. Change in fair value of cash surrender value -11,205,230. Translation gain/loss -58,013. Rfe/rl llc fines -15,111,039.”

“The board members are chosen based on their expertise in mass communications, broadcast media, or international affairs. The vp, chief financial officer (cfo) & treasurer is responsible to the board of directors for the integrity of the financial statements. The comptroller coordinates the audit on behalf of the chief financial officer. The results are reviewed with the cfo who in turn presents the financial results to the board. The independent accountants are chosen by a rigorous, competitive proposal process. There is no audit committee of the board of directors.”

“The tax authority of russia filed for the bankruptcy of rfe/rl llc on march 4, 2022. The bankruptcy is formally based on unpaid taxes in the amount of 6.5 million rub ($112,000). Rfe/rl llc was unable to remit taxes due to the seizure of the bank account as a result of "foreign agent" fines assessed against the llc, as discussed below. Rfe/rl llc has had 1137 "protocols, or official complaints, filed against it and its general director for their failure to comply with regulations that prohibit rfe/rl llc from publishing certain information and require rfe/rl llc to label every piece of text, video, or social media content with a prominent, lengthy state-mandated disclaimer that it is the product of a "foreign agent." these protocols impose administrative fines on both rfe/rl llc and its general director. Rfe/rl llc believes that the fines imposed are pretextual, discriminatory, and illegal, and that the imposition of these fines on rfe/rl llc and its general director violates both the russian constitution and the european convention on human rights. These fines are aimed solely at crippling rfe/rl llc's ability to provide objective, independent journalism to the russian people. Because the charges are, at bottom, a political crackdown on rfe/rl by the russian government, rfe/rl llc and the general director appealed only a small subset of them. All appeals have been dismissed and the associated fines have been upheld in full. In may 2021, rfe/rl llc and the general director petitioned the european court of human rights (echr) to nullify the fines. The echr has accepted the case on a priority basis. However, even if the echr nullifies the fines, it is highly unlikely that the russian federation will accept the echr's ruling. The total amount of fines rfe/rl, inc. Currently faces under russian court orders is more than 1 billion rubles ($14.5 million), excluding the penalty for non-payment. The fines recorded in the consolidated financial statements are those which have entered into legal force based on the information of russian courts. The amount of fine recorded during the years ended september 31, 2022 and 2021 are $15,111,039 and $1,203,363, respectively and are presented as an other item in the accompanying consolidated statement of activities and changes in net assets.”