Global Coalition for Adaptive Research Inc.

“Draft of form 990 is prepared by outside cpa firm. The draft is reviewed by the directors, ceo, and coo before it is filed.”

“Each director and officer is required to submit an updated conflict of interest statement on an annual basis. To the extent that relationships are identified via these statements and other information, the individual's constitent record in the company database is updated to include this information, facilitating periodic queries, as necessary. Any board member with a conflict must identify the conflict at any board meeting where the conflict is relevant. The member cannot be present at any part of the meeting where the relevant topic is discussed or voted on. The member cannot be counted for a quorum.”

“The board of directors is responsible for the review and approval of top-level executive management compensation annually. Independent professional experts are called upon for higher-level positions and assist in establishing executive salaries in the competitive marketplace. Salaries in both for profit and not for profit organizations are evaluated in order to attract the most talented personnel. Information is gathered, analyzed and discussed with the intent on ensuring that the executive compensation program falls within a reasonable range of competitive practices for comparable positions among similarly situated organizations. The review includes incentive plans and all fringe benefits as well as base salary arrangements.”

“Gcar has a formal policy for public disclosure and inspection of documents. The policy is available to all upon request.”

“Independent consultants: program service expenses 4,116,191. Management and general expenses 13,500. Fundraising expenses 0. Total expenses 4,129,691. Project expenses : program service expenses 114,935. Management and general expenses 0. Fundraising expenses 0. Total expenses 114,935. Payroll fees: program service expenses 0. Management and general expenses 588. Fundraising expenses 0. Total expenses 588. Bank fees: program service expenses 0. Management and general expenses 75. Fundraising expenses 0. Total expenses 75.”