First Draft News Inc

“President, claire wardle, and treasurer, ben sargent, have a family relationship.”

“The organization has a sole member, eyewitness media hub, ltd. A not-for-profit organization in the united kingdom.”

“The board of directors of the organization are elected by the sole member.”

“The decision to remove a member of the board of directors, or to amend the bylaws of the organization is reserved to the sole member of the organization.”

“The organization does not have any committees with authority to act on behalf of the board.”

“Form 990 is prepared by an outside accounting firm and reviewed by management for approval. If changes are required, the organization will forward these changes to the accounting firm and a final version will be distributed to all board members prior to submission to the irs.”

“The organization currently has in place a conflict of interest policy that applies to any director, officer, committee member (if any), or employee, which it annually monitors and enforces. Each must annually sign a statement affirming that he/she has: received a copy of the conflict of interest policy, read and understands the policy, and has agreed to comply with the policy. The policy requires such persons to disclose any transactions which may potentially be a conflict of interest, and the board determines whether or not a conflict of interest exists. If a conflict of interest exists, the transaction must be approved in advance by only those board members who do not have a conflict with respect to the transaction. Any interested person therefore must recuse him- or herself from consideration of the transaction. He or she may not vote on the transaction or be present when the vote is taken. The minutes of any meeting at which a conflict of interest transaction is considered must reflect that the interested person made adequate disclosures, withdrew from consideration of the transaction, and abstained from voting. The minutes must detail the terms of the transaction, the date the transaction was approved, the board members present during the debate, who voted on the transaction, any data the board relied upon in determining that the transaction was reasonable and in the best interests of the corporation, how such data was obtained, the disclosures made by the interested person, and whether the interested person otherwise participated in any discussions or proceedings (i.e., to answer questions).”

“The process for determining compensation for the organization's top management official includes the use of a salary benchmark report prepared by an outside accounting firm to ensure that the compensation is in line with others in similar positions. The process last occurred in 2019 and was documented in the records of the organization.”

“The organization makes its financial statements, governing documents, and conflict of interest policy available upon written request or by calling the organization directly.”

“Consulting services: program service expenses 92,739. Management and general expenses 3,727. Fundraising expenses 54. Total expenses 96,520.”

“The organization's governing body assumes responsibility for oversight of the audit of its financial statements and selection of an indepdendent accountant. 2019 was the organization's first year.”