Equislab

“Equis labs' outside cpa firm and director of operation and finance prepare the form 990. The form is then reviewed and approved by the organization's management team & legal counsel. The form is provided to and reviewed with the entire governing body prior to filing with the irs.”

“All officers, directors and key employees are covered persons under equislabs' conflict of interest policy. The purpose of the conflict of interest policy is to protect the corporation's interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the corporation or might result in a possible excess benefit transaction. If an actual or possible conflict of interest arises, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts and after any discussion with the interested person, he or she leaves the board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members decide if a conflict of interest exists. Procedures for addressing the conflict of interest: (i) an interested person may make a presentation at the board or committee meeting, but after the presentation, he or she leaves the meeting during the discussion of and the vote on the transaction or arrangement involving the possible conflict of interest. (ii) after exercising due diligence, the board or committee determines whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. (iii) if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or committee determines by a majority vote of the disinterested directors or committee members whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it makes its decision as to whether to enter into the transaction or arrangement. Violations of the conflicts of interest policy: (i) if the board or committee has reasonable cause to believe a director or officer has failed to disclose actual or possible conflicts of interest, it informs the person of the basis for such belief and affords them an opportunity to explain the alleged failure to disclose. (ii) if, after hearing the director or officer's response and after making further investigation as warranted by the circumstances, the board or committee determines the person has failed to disclose an actual or possible conflict of interest, it takes appropriate disciplinary and corrective action. The minutes of the board and all committees with board delegated powers contain: (a) the names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the board's or committee's decision as to whether a conflict of interest in fact existed. (b) the names of the persons who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection with the proceedings.”

“The organization makes its governing documents, the conflict of interest policy, and financial statements available to the public upon request.”

“Equis research, an affiliated, but un-related organization for tax purposes, issues compensation on behalf of equislabs. Equis research and equislabs have a cost-sharing agreement in which equislabs reimburses equis research for expenses incurred. The compensation reported for stephanie valencia is equislab's allocable share.”

“Contractors: program service expenses 1,358,915. Management and general expenses 321,714. Fundraising expenses 875. Total expenses 1,681,504. Polling: program service expenses 904,912. Management and general expenses 0. Fundraising expenses 0. Total expenses 904,912. Testing: program service expenses 104,800. Management and general expenses 0. Fundraising expenses 0. Total expenses 104,800. Focus groups: program service expenses 148,750. Management and general expenses 0. Fundraising expenses 0. Total expenses 148,750. Data acquisition & services: program service expenses 501,490. Management and general expenses 4,220. Fundraising expenses 0. Total expenses 505,710. Shared services fee: program service expenses 152,368. Management and general expenses 0. Fundraising expenses 0. Total expenses 152,368.”