Unknown Organization

“The members of green festivals, inc. Are global exchange and green america (formerly co-op america), both 501(c)(3) organizations.”

“The board of directors are elected by the members and shall consist of two directors elected by global exchange and two directors elected by green america (formerly co-op america).”

“A draft of the form 990 goes through two levels of review. First, the draft is reviewed by the co-chair and any necessary changes are made at this point. Then, the final draft is reviewed by the board of directors before it is filed.”

“Each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a) has received a copy of the conflicts of interest policy, b) has read and understands the policy, c) has agreed to comply with the policy, and d) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activites which accomplish one or more of its tax exempt purposes. To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a) whether compensation arrangements and benefits, if any, are reasonable, based on competent survey information, and the result of arm's length bargaining, b) whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The organization does not currently pay compensation, however, per the organization's bylaws: a) compensation and benefits are based on competent survey information and the result of arm's length bargaining, b) a voting member of the governing board who receives compensation, directly or indirectly, from the organization for services is precluded from voting on matters pertaining to that member's compensation, c) a voting member of any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the organization for services is precluded from voting on matters pertaining to that member's compensation, d) no voting member of the governing board or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the organization, either individually or collectively, is prohibited from providing information to any committee regarding compensation. Contemporaneous substantiation of the deliberation and decision are documented in the minutes of the governing board and the organization will report the compensation on an original federal tax information return.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Partnership commissions: program service expenses 48,950. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,950. Printing & production: program service expenses 43,275. Management and general expenses 0. Fundraising expenses 0. Total expenses 43,275. Event programming: program service expenses 38,194. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,194. Program guide: program service expenses 30,526. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,526. Freight, postage & shipping: program service expenses 22,833. Management and general expenses 1,202. Fundraising expenses 0. Total expenses 24,035. Administrative expense: program service expenses 0. Management and general expenses 19,836. Fundraising expenses 0. Total expenses 19,836. Miscellaneous : program service expenses 9,061. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,061. Event producer fees: program service expenses 6,667. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,667. Program supplies: program service expenses 5,240. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,240. Partnership fulfillment: program service expenses 3,474. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,474. Recycling and environmental management: program service expenses 1,717. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,717. Exhibit sales fulfillment: program service expenses 1,133. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,133. Box office: program service expenses 172. Management and general expenses 0. Fundraising expenses 0. Total expenses 172.”