Enactus

“The organization's audited financial statements and 990 tax return are reviewed by the board of directors' finance and audit committee. After review and approval by the committee, the documents are reviewed by the entire board via electronic or hard copy for final acceptance prior to filing with the irs and release to the public.”

“The organization's conflict of interest policy is intended as a supplement to any state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations. Each enactus director, officer and member of a committee with governing board delegated powers, annually signs a statement regarding policy knowledge and compliance. In addition, there is a periodic review by management and if needed, outside advisors are utilized. The policy details procedures for determining and addressing a conflict of interest.”

“The compensation for members of the executive team who are covered under the enactus executive incentive plan is reviewed annually by the nominating & governance committee of the board of directors and shared with the entire board of directors. The nominating & governance committee reviews proposed compensation changes and analyzes comparable benchmark data to ensure compensation is on target with comparable organizations. Salaries were aligned with external benchmarks; no salary increases were awarded to those covered under the enactus executive incentive plan for fy2023.”

“The organization's governing documents and conflict of interest policy are available upon request. The audited financial statements and form 990 are available on the organization's website and on other websites that make such information available by a searchable database.”

“Other professional fees: program service expenses 0. Management and general expenses 72,409. Fundraising expenses 0. Total expenses 72,409.”

“Affiliate adjustments 24,490. Debt forgiveness 5,850. Life insurance 5,051.”