Thinking Nation Corp

“There were no committees that can act on behalf of the board in 2024.”

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval via email prior to submitting to the irs.”

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to annually disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters. The person with the potential or actual conflict must abstain from voting on the matter.”

“Executive compensation is determined by the board. Reasonableness is considered by a comparison to historical officer compensation, the annual budget, form 990's of similar organizations, etc. The board reviews and approves such compensation, including benefits, of a director to assure that it is just and reasonable. This review and approval occurs initially upon the election of the director, whenever the term of service, if any, of the director is renewed or extended, and whenever the director's compensation is modified. The process described here was last completed in 2021.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The conflict of interest policy, articles of incorporation and by-laws are also available upon written request.”

“Program consultants: program service expenses 14,115. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,115. Software consultants: program service expenses 328,143. Management and general expenses 0. Fundraising expenses 0. Total expenses 328,143.”