Science Literacy Project

“The form 990 is prepared by an external cpa. Once prepared, the tax return is reviewed by the executive director and disucssed with the preparer. Then, the tax return is made available to the board of directors for any additional comments. The preparer is notified to finalize the tax return and an officer of the organization signs the return for filing.”

“The organization requires directors on the board to certify in writing that they have no conflicts of interest. Any exceptions noted during the certification process would be efficiently investigated. The organization would take the appropriate actions to mitigate the conflict of interest.”

“Compensation of glp's executive director is set and voted upon by the board. It was last adjusted on march 29, 2020, when the staff took a precautionary 25% pay cut due to covid concerns, with a proviso it would be restored to pre-covid levels upon stabilization of the glp's finances, with approval by the board. All staff compensation was restored to 100% on november 8, 2020. All future compensation adjustments require a majority vote of the board.”

“The organization makes its governing documents and financial information available to the public upon request. The annual form 990 is made available upon request, as well as on the organization's website. The organization's bylaws, conflict of interest policy, document retention and destruction policy and whistleblower policy are available on the organization's website.”

“Program/operations: program service expenses 100,779. Management and general expenses 3,340. Fundraising expenses 2,382. Total expenses 106,501. Freelancers: program service expenses 27,094. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,094. Consulting: program service expenses 22,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,500. Technology: program service expenses 40,500. Management and general expenses 1,000. Fundraising expenses 4,000. Total expenses 45,500.”

“The organization has a committee assigned the responsibility to oversee the compilation of the financial statements, as well as the selection of the independent accountant. The fiscal year ending june 30, 2021 is the initial year of the organization's financial statements being subject to a compilation engagement. The organization ensures the independent accountant is well-qualified to provide services to the nonprofit industry and works with organizations similar in size and mission.”