Reloop Americas Research Institute

“Form 990 is circulated to all elected directors and officers of the organization for review prior to submission.”

“The Board of Directors regularly monitors and enforces its conflict of interest policy. Board members, officers, and key personnel are required to disclose all possible conflicts immediately in writing to the Board and recuse themselves on any related matters. The Board reviews such matters and acts in accordance with the policy.”

“Organizations of similar size and localities were used for comparison purposes to determine the salary of the Director, Reloop North America. The process was last undertaken in 2023.”

“Form 990 is available upon request or through Guidestar, ProPublica, or IRS Publication 78. In addition, the organization's state and federal annual returns can be found online at the NYS Charities Bureau website. The organization's incorporation documents are available for review at the NYS Secretary of State's office.”

“$3,000 Professional Development - Coaching and Training: $2,700 Program Services, $300 General and Administrative, $0 Fundraising. $76,933.56 Advisory Consulting - Research and Communications Services: 69,240.20 Program Services, $7,693.36 General and Administrative, $0 Fundraising”

“The organization switched from overall cash to overall accrual method accounting in the 2022 tax year. This switch resulted in a net positive adjustment of $496,214. Per IRS guidance, the adjustment amount must be accounted for ratably over four years. Adjusted fro rounding, $124,053 and $124,054, each 25% of the overall adjustment, were included in the organization's 2022 and 2023 revenue, respectively. $124,053, 25% of the overall adjustment, is included in the organization's revenue for this return. The amount in part XI, Line 9 reflects the current year 481 revenue inclusion. Per generally accepted accounting principles, 100% of the adjustment appears on the organization's 2022 financial statements.”