Narrative 4 Inc.

“The organization's form 990 is prepared by an outside accounting firm, and then reviewed by the senior management. Once approved by senior management, a complete copy is provided to all members of the board of directors for their review and comment prior to filing.”

“The organization has a conflict of interest policy which covers all directors, officers, and employees of the organization, in which they must annually disclose any actual or possible conflict of interest. They are given the opportunity to disclose all material facts to the board of directors. The board reviews all potential conflicts of interest and determines whether a conflict exists and whether to approve the corresponding matter. The person with whom the conflict or potential conflict involves is recused from the deliberations and voting on the matter.”

“Compensation of the ceo and other senior management shall be fixed from time to time by the board or by any person to whom the board has delegated such authority. The board approves the overall budget that includes compensation. The board uses compensation survey reports like glassdoor, mercer.com, and salary.com available on the internet and feedback from recruiters to arrive at the compensation based on the role, type and number of years of experience. The board also uses information obtained from form 990's of similar organizations. Salary adjustments are also based on market dynamics. The process was last conducted in 2022 and was documented in the board meeting minutes.”

“The form 990 is available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar websites. In addition, forms 990 and 1023, as well as the financial statements, conflict of interest policy, articles of incorporation and bylaws are available upon written request of the organization.”

“Compensation reported to colum mccann on part vii, column (d) was for consulting services provided and not for services in his capacity as president of the organization.”

“Payroll fees: program service expenses 15,440. Management and general expenses 3,010. Fundraising expenses 1,508. Total expenses 19,958. Recruiters: program service expenses 30,006. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,006. Trainers: program service expenses 73,611. Management and general expenses 0. Fundraising expenses 0. Total expenses 73,611. Advisors: program service expenses 47,203. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,203. Other professional fees: program service expenses 122,936. Management and general expenses 32,901. Fundraising expenses 39,046. Total expenses 194,883. Consultants: program service expenses 675,176. Management and general expenses 226,218. Fundraising expenses 92,600. Total expenses 993,994.”

“The organization has a committee for the oversight of its financial statements and the selection of an independent accountant. The process has not changed from the prior year.”