Enveritas Inc.

“The organization has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to the board for approval. Once the board has approved the return it is filed with the internal revenue service.”

“Any director, principal officer, key employee, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest is an interested person. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. 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 activities which accomplish one or more of its tax-exempt purposes.”

“The board reviews the ceo compensation data for other non-profit organizations involved in international development in the northeastern us. Other key employee salary is benchmarked against other employees in international development in the northeastern us. The board's approval of the ceo's compensation is documented in the board minutes. The salaries were last reviewed and approved in july 2019.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at p.o. Box 4501, new york, new york 10163 or by calling the organization directly at (203)-344-0055.”

“The organization discontinued the robust data set program in 2019.”

“Contracted services: program service expenses 1,368,437. Management and general expenses 162,545. Fundraising expenses 0. Total expenses 1,530,982. Data collectors: program service expenses 1,523,906. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,523,906. Verification services: program service expenses 135,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 135,000.”

“Loss on foreign currency exchange -15,524.”

“The organization has a committee that assumes responsibility for the oversight of the audit of its financial statements and selection of its independent auditor. The policy for selection and oversight of the independent auditors has not changed since last year.”

“The organization is reporting a prior period adjustment in the amound of $75,986 due to a reclassification of a prior year due to subsidiary to a grant expense.”