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, key employees 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 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 2023 and was documented in the board meeting minutes. Compensation for other senior management is determined by the board or any person the board 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 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.”

“The organization contracted with a professional employer organization (peo) for services, including but not limited to, payroll, timekeeping, employee benefits, hr administration and workforce regulatory compliance needs. As the employer of record for tax purposes, forms w-2 and w-3 are issued by the peo and filed under the peo's federal ein. In this co-employment arrangement, the organization is the common law employer and, accordingly, compensation is reported on form 990, part vii, section a and part ix, lines 5-10.”

“Payroll fees: program service expenses 52,273. Management and general expenses 7,180. Fundraising expenses 5,083. Total expenses 64,536. Recruiters: program service expenses 44,348. Management and general expenses 0. Fundraising expenses 0. Total expenses 44,348. Trainers: program service expenses 39,836. Management and general expenses 0. Fundraising expenses 0. Total expenses 39,836. Advisors: program service expenses 13,136. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,136. Other professional fees: program service expenses 155,164. Management and general expenses 49,602. Fundraising expenses 1,585. Total expenses 206,351. Consultants: program service expenses 252,627. Management and general expenses 116,494. Fundraising expenses 35,863. Total expenses 404,984. Hr services: program service expenses 27,031. Management and general expenses 12,465. Fundraising expenses 3,837. Total expenses 43,333. Program management: program service expenses 131,641. Management and general expenses 0. Fundraising expenses 0. Total expenses 131,641.”

“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.”