International Development Exchange

“The final version of the form 990 is provided to the board before it is filed. In addition, the audit and finance committee of the board vet it prior to the entire board review for efficiency and accuracy.”

“Each officer, director or key employee must, on an annual basis, execute a conflict of interest disclosure statement and a questionnaire. In addition, it is each officer, director or key employee's duty to make a full and prompt disclosure of all material facts regarding any contemplated transaction or activity that could create a potential conflict of interest. An interested person, including the party making the conflict of interest disclosure, may make a presentation at the board of directors or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.”

“The board determines compensation for the executive director. The decision making process includes comparability data. The board last reviewed the executive director's salary this past summer (2019). The executive director along with the boards' guidance decides the director of finance compensation which is also based on comparability data from organizations of similar budget size and focus area. Process is contemporaneously documented.”

“The organization does not make its governing documents and conflict of interest policy available to the public. Financial statements are available on our website.”

“Our prior year and current year net assets: until june 30, 2020, thousand currents was the fiscal sponsor for black lives matter global network foundation, which experienced an unprecedent spike in charitable donations after the murder of george floyd.”

“Computer and tech consultant: program service expenses 64,324. Management and general expenses 1,277. Fundraising expenses 1,873. Total expenses 67,474. Consultants:program: program service expenses 1,021,189. Management and general expenses 34,581. Fundraising expenses 23,306. Total expenses 1,079,076. Language interpretation: program service expenses 62,949. Management and general expenses 20,357. Fundraising expenses 575. Total expenses 83,881. Department consultant: program service expenses 232,390. Management and general expenses 5,417. Fundraising expenses 81,732. Total expenses 319,539. Fundraising consultant: program service expenses 37,500. Management and general expenses 0. Fundraising expenses 6,900. Total expenses 44,400. Design: program service expenses 303,064. Management and general expenses 1,000. Fundraising expenses 860. Total expenses 304,924.”