Edventure Inc.

“The 990 is reviewed and approved on three levels before it is filed with the irs. Edventure staff, including the accountant, cfo, and ceo review the 990 prepared by the external accountant to ensure the figures tie back to the audited financial statements. The second level of review and approval is performed by the internal affairs committee. The third level is a vote to submit the return by the board of trustees.”

“At the time of employment, employees are asked and background checks are completed to determine if there are any conflicts of ineterest prior to an offer of employment. During their employment, employees are required to report any circumstances that may be considered a conflict of interest to their supervisor so a determination can be made and appropriate action taken. On an annual basis, each board member is required to read, sign, and follow edventure's conflict of interest policy.”

“Yearly goals are set by the board of trustees and accomplishment of these goals determine compensation for the ceo. Compensation changes are determined by the executive committee using nonprofit ceo compensation studies and are voted/approved by the board.”

“A compensation study of senior staff salaries was conducted using survey data compiled by the association of science-technology (astc) and the association of children's museums (acm), along with a review of other columbia non-profit data. The data reflected a wide range of museum and non-profit sizes, types and locations. All data were linked to edventure's specific positions based on the following criteria: type of institution, location, operating expense, number of employees and institution age. Based on the evaluation of these criteria, a salary structure was compiled for edventure's staff. It is reviewed annually and updated as necessary.”

“Governing documents and the conflict of interest policy are available upon request and our audited financial statements are posted on our website and distributed annually to members, donors, and other interested parties.”

“Edventure, the largest children's museum in the southeastern united states, uses exciting, educational exhibits and hands-on learning programs to spark a sense of wonder and ignite a love of learning for more than 200,000 visitors each year. Children learn best through guided play and discovery, and edventure incorporates these principles into more than 300 exhibits and thousands of hours of museum-led instruction, both at the museum and throughout south carolina.”

“Expenses offset against revenue 265,854 expenses offset against revenue -265,854”