Amazon Conservation Association

“A. Forsyth and e. Ortiz share a business relationship.”

“The form 990 is prepared by the outside accountants and reviewed by the audit committee and management. A copy is then sent to the full board prior to filing with the irs.”

“Board members are required to complete a conflict of interest form annually. In addition, at each board meeting, board members are asked if they have had any new activities that might constitute a conflict of interest that needs to be discussed by the board. Such monitoring is intrinsic to aca operations in that aca staff would be immediately aware of any possible conflicts, since financial and/or program staff are involved in all aca operations. All board members sign a conflict of interest polilcy document annually. Staff are required to sign when they are initially hired.”

“The executive director review committee, composed of independent board members, reviews the executive director's performance, and based on the performance, the organization's financial condition, and data of comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations, recommends to the independent members of the board the executive director's compensation and contemporaneously documents the deliberations and decision. The last compensation review took place march 2021.”

“The organization's governing documents and other information are available by request to the organization; the most recent financial information can be found on its website.”

“Our holistic approach focuses on protecting some of the last wild places left on our planet, empowering people to become champions for nature, and putting science and technology to work to move the field of conservation forward. Through our work, we hope to achieve a thriving amazon that sustains the full diversity of life.”

“On april 18, 2020, the organization received loan proceeds in the amount of $111,547 under the paycheck protection program. The promissory note calls for monthly principal and interest payments amortized over the term of the promissory note with a deferral of payments for the first six months. Under the coronavirus aid, relief, and economic security act (cares act), the promissory note may be forgiven by the small business administration in whole or in part. The organization used the proceeds for purposes consistent with the paycheck protection program and met the conditions for forgiveness of the loan. The loan was fully forgiven during january 2021. The organization recorded revenue from debt extinguishment during the period that forgiveness was approved.”