Space Science Institute

“Committees do not have explicit authority to act on behalf of the board.”

“The form 990 is prepared by the organization's public accounting firm based on information provided by management. Once a draft of the filing is available, an electronic copy of the complete draft form 990 is made available to the board of directors for their review prior to the filing of the return.”

“All conflicts of interest are required to be disclosed by employees, officers and agents to the board of directors by communicating any potential conflicts of interest directly to the board at the time the potential conflict arises. Review of potential conflicts may take place initially in the business office, depending on the individual's place in the organization's hierarchy. Individuals with a conflict of interest with a potential contractor may not participate in the selection of the contractors for that particular opportunity. Board members with a conflict of interest must recuse themselves from any votes related to the conflicted parties. Board approval is required before a situation is allowed to move forward where there is a potential conflict of interest involving a board member. Any discussion of potential conflicts of interest pertaining to board members is documented in the board minutes. All employees are informed of the policy during orientation and it is reviewed during annual ethics training. Business office personnel receive additional training on conflicts of interest and are responsible for bringing potential conflicts of interest to management's attention.”

“The board of directors performs the executive director's annual review and determines compensation based on the performance evaluation and also the compensation and performance evaluation policy, which applies to both the executive director and other senior staff of the organization. As part of this policy, an independent salary benchmark study is revisited every two to three years. This was last performed in 2016.”

“Governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Subcontracts: program service expenses 1,415,831. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,415,831. Consulting fees: program service expenses 3,082. Management and general expenses 2,888. Fundraising expenses 0. Total expenses 5,970.”

“The process for the oversight of the audit and selection of an accountant has not changed from the prior year.”