Better World Empirics

“Board directors michelle loyalka and prashant loyalka are married to each other.”

“Each member of the board of directors receives a copy of form 990 prior to filing.”

“The board annually reviews its conflict of interest policy and violations of policy are monitored until resolved.”

“The board reviews the compensation of officers and key employees when these positions are compensated. Currently, no one receives compensation.”

“The governing board provides its governing documents, conflict of interest policy and financial statements to anyone requesting them. Furthermore, the california attorney general maintains a publicly viewable website with scanned copies of the organization's 990 information returns.”

“2018 amended return 2017 & 2018 balance sheet was adjusted by $50,000 because a cd was inadvertently booked as income instead of a redemption in fye august 31, 2018. The operating fund was also adjusted by $50,000 for both years. Page 11 of form 990 2017 balance sheet 2017 amended balance sheet line 1: cash $105,289 line 1: cash $105,289 line 2: savings $ 50,000 line 2: savings $ 0 line 16: total assets $155,289 line 16: total assets $105,289 line 27: net assets $155,289 line 27: net assets $105,289 line 34: liab+assets $155,289 line 34: liab+assets $105,289 2018 balance sheet 2018 amended balance sheet line 1: cash $ 73,527 line 1: cash $ 73,527 line 2: savings $ 50,000 line 2: savings $ 0 line 16: total assets $123,527 line 16: total assets $ 73,527 line 27: net assets $123,527 line 27: net assets $ 73,527 line 34: liab+assets $123,527 line 34: liab+assets $ 73.527”

“Consulting: program service expenses 2,520. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,520. Licensing fee: program service expenses 12,750. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,750.”