North Carolina Public Interest Research Group Educ Fund Inc

“The organization's governing body had no committees.”

“The draft 990 is sent to all board members prior to the return being finalized.”

“To monitor and enforce compliance with the conflict of interest policy, the organization requires all officers, directors, and individuals with substantial influence over the organization to complete an annual statement disclosing to the board any business, contractual or financial relationships the person has with other corporations. In addition, said persons have an ongoing obligation to disclose to the board any financial interests, direct or indirect, that the person would gain from any particular transaction, contract, or policy number consideration by the organization. The board must assess potential conflicts of interest on a case-by-case basis, conflicted persons must abstain from the deliberation of the transaction, and corporate records maintained.”

“The compensation committee with establish acceptable compensation packages after reviewing at least one of the following: 1) Information about compensation paid by similarly situated tax-exempt organizations for similar services; 2) Current compensation surveys compiled by independent firms; 3) Actual written offers from similarly situated organizations. Documentation of the compensation deliberation and decision is kept on file.”

“No documents were made available to the public, except for those that were included with the organization's Form 1023 application for exempt status, which are made available upon request as indicated in Line 18.”

“All employees are compensated by North Carolina Public Interest Research Group Citizen Lobby, Inc. under a common paymaster arrangement, and are shared with the filing organization.”

“Organizational and programming services: Program service expenses $10,039. Management and general expenses $30,116. Fundraising expenses $707. Total expenses: $40,862”