International Fop Association Inc

“International fop association inc (ifopa) has entered into a relationship with trinet, a professional employer organization (peo). As a result, ifopa does not file form w-3 and employees are not reported directly by ifopa. The peo filed on behalf of 8 ifopa employees during the year. The amounts from these filings are reported on part ix, lines 5 and 7.”

“Membership in the organization is open to anyone with an interest in the organization and its purposes and activities. The organization has one class of membership.”

“Members of the organization have the power to elect directors of the organization.”

“The organization's top management official and top financial official each review the organization's form 990 prior to its filing with the irs. A copy of the final form 990 is also provided to the organization's governing body prior to its filing with the irs.”

“The chairperson of the board monitors all transactions entered into by the organization to determine if there is a conflict of interest, as defined in the organization's conflict of interest policy. If potential conflicts of interest arise, the conflict is discussed with the executive committee of the board for resolution in accordance with the procedures outlined in the conflicts of interest policy.”

“The organization has adopted an executive compensation setting policy applicable to all disqualified persons, including the organization's officers and key employees. Under the policy, an independent committee of the board of directors annually reviews and approves the compensation levels of all individuals subject to the policy. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparability data in its deliberations. Updated comparability data is generally obtained every two to three years.”

“The organization provides, upon request, copies of its articles of incorporation, bylaws, conflict of interest policy, and its financial statements.”

“Communications: program service expenses 119,256. Management and general expenses 0. Fundraising expenses 29,437. Total expenses 148,693. Other professional fees: program service expenses 491,189. Management and general expenses 2,939. Fundraising expenses 11,907. Total expenses 506,035.”

“The organization's board of directors, or a committee therof, assumes responsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.”