Leadership Now Project

“The corporation has the following classes of membership: general members, sustaining members, investor members, young professional members, and academic members.”

“Leadership members have the right to vote on any type of fundamental transaction of the corporation, including an amendment of the articles of incorporation or these bylaws, a merger, a membership exchange, a sale of all or substantially all of the organization's assets, domestication, conversion, or dissolution of the corporation.”

“Leadership now does not have any committees with authority to act on behalf of the governing body.”

“The form 990 was prepared by senior staff with the assistance of outside accountants and is reviewed by the ceo. A copy of the 990 was shared with the board prior to filing with the irs.”

“Each director, principal officer and member of a committee with governing board delegated powers annually signs a statement which affirms such person has received a copy of the policy, has read and understood the policy, and agrees to comply with the policy. In connection with any actual or possible conflict of interest, an interested person discloses the existence of the financial interest and is given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of any conflict of interest and any discussion with the interest person, he/she leaves the governing board or committee meeting while the remaining board or committee members decide if a conflict of interest exists. The chairperson of the governing board or committee may appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee determines whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible, the governing board or committee determines by majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. If the governing board or committee has reasonable cause to believe a director, principal officer or member has failed to disclose actual or possible conflicts of interest, it informs such person of the basis for such belief and afford the person an opportunity to explain the alleged failure to disclose. If, after hearing the response and further investigation, the governing board or committee determines such person has failed to disclose a conflict of interest, it takes appropriate disciplinary and corrective action.”

“The process for determining compensation for the organization's ceo and coo include a review and approval by the board and advisory board. Benchmarking information and compensation from similar organizations are used in the reviews. The last compensation review took place in summer 2021.”

“The organizations's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Subcontractors: program service expenses 586,170. Management and general expenses 15,659. Fundraising expenses 166. Total expenses 601,995. Consultants: program service expenses 704,061. Management and general expenses 106. Fundraising expenses 2. Total expenses 704,169.”