Drug Policy Action

“Drug policy alliance provides administrative, personnel, and related services to drug policy action. In addition, drug policy action desires to further to make use in its day-to-day operations of the property, equipment and facilities of drug policy alliance. Ethan nadelmann, executive director/ trustee of drug policy action is an executive director/ trustee of drug policy alliance and received reportable and other compensation from drug policy alliance in the amount of $262,477 and $44,993, accordingly. Average hours per week spent for drug policy action are 8 hours and average hours per week spent for drug policy alliance are 40 hours.”

“We have engaged an outside accounting firm to prepare our form 990. Once the form is prepared, it is forwarded via e-mail to management for their initial review for compliance with the financial statements, and also forwarded by paper copy to the president of the board as well as the executive director for their review. Once any questions or concerns are addressed, management then forwards the return to the full board by email or paper copy for their review. Any questions from board members are directed by the board president to staff or to the accounting firm, as appropriate. Once all questions from the board are satisfactorily resolved, the finance staff then carries out a final review, page by page, to verify all changes have been incorporated. The finished form 990 is then submitted by management to the executive director for his approval and signature, and the finalized form 990 is then filed with the irs.”

“The conflict of interest document is forwarded to the full board annually for their review and signature. The board members sign the form and return the signed form to management who review the signed copies for any conflicts. The policy covers all board members equally. If it is established that an actual conflict exists, the board member will be notified immediately and will not be allowed to vote or be a part of any discussions about any such transactions that have to do with the conflict until the conflict is resolved. The board member will have to excuse himself from the meeting and allow the other board members to vote on the issue.”

“Form 990, part vi, section b, line 15a: drug policy action follows drug policy alliance's compensation policy. The executive committee of the board of directors of drug policy alliance (dpa) determines annually the compensation of the executive director. The dpa committee utilizes surveys of similar organizations, compensation experts and /or any other input the committee deems appropriate. The dpa policy adopted shall be reviewed by the board, or at its discretion by an appropriate committee, no less than once every three years. Policy was implemented starting in fiscal year 2010 and took place during fiscal year 2011.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. The financial statements are made available to the public upon request by writing at 131 west 33rd street, 15th fl, new york, ny 10001 or calling the organization directly at (212)613-8040. However, the governing documents and conflict of interest policy are not made available to the public.”

“Change in net asset due to rescinded grant -4,800,000.”

“The organization's process of assuming oversight responsibility for the audit of its financial statements by an independent accountant has not changed from the prior year.”