Launchability Inc

“THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, THE Accountant, and one member of the Finance Committee FOR ACCURACY AND COMPLETENESS BEFORE APPROVING THE RETURN. THE RETURN IS DISCUSSED WITH THE FINANCE COMMITTEE AND MADE AVAILABLE TO THE BOARD AT THE NEXT MEETING. ALSO, THE RETURN IS AVAILABLE FOR REVIEW UPON REQUEST.”

“Employees and board members of launchability have an obligation to conduct business within guidelines that prohibit actual or potential conflicts of interest. This policy establishes the framework within which launchability wishes its business to operate. The purpose of these guidelines is to provide general direction so that employees and board members can seek further clarification on issues related to the subject of acceptable standards of operation. No "presumption of guilt" is created by the mere existance of a relationship with outside firms. However, it is imperative that employees and board members disclose any actual or potential conflicts of interest that could result from such relationships to an officer of the organization as soon as possible so that safeguards can be established to protect all parties.”

“LAUNCHABILITY UTILIZES A formal APPRAISAL SYSTEM DESIGNED TO FOCUS ON MUTUAL GOAL SETTING BY THE SUPERVISOR AND THE EMPLOYEE to fit the needs of highly independent professionals. The annual performance review is followed up by regular and frequent check-ins with the supervisor and employee TO ADJUST AND ASSESS PROGRESS TOWARD GOAL ATTAINMENT. Disciplinary actions would be handled in accordance with established laws and best practices. The LaunchAbility board HR committee oversees goal-setting and COMPENSATION which is tied to agency performance. TRAINING is the responsibility of the supervisor. PERFORMANCE OBJECTIVES ARE ESTABLISHED IN ADVANCE OF ANY EVALUATION, such that THE EMPLOYEE AND THE EVALUATING SUPERVISOR SHOULD HAVE A CLEAR MUTUAL UNDERSTANDING OF WHAT THE EMPLOYEE IS EXPECTED TO DO ON THE JOB.”

“Public inspection of all governing documents, conflict of interest policy, and financial statements are available upon request during normal business hours.”

“professional fees: Program service expenses 29,692. Management and general expenses 4,086. Fundraising expenses 67,407. Total expenses 101,185.”