Power Atlanta Inc

“Prior to filing, a complete draft of Form 990 is provided to all members of the Board of Directors for review. The Executive Director and Treasurer work collaboratively with the organization's accountant to prepare the return. Once complete, the draft Form 990 is circulated to the full governing body for review and comment. Board members are given the opportunity to ask questions or request clarifications. Any necessary revisions are incorporated before the return is finalized and submitted to the IRS.”

“P.O.W.E.R. Atlanta Inc. regularly and consistently monitors and enforces compliance with its Conflict of Interest Policy. Each board member and key staff member is required to complete and sign a conflict of interest disclosure form annually. At each board meeting, members are reminded of their obligation to disclose any potential conflicts, and any such disclosures are reviewed by the Executive Director and the Board President. If a conflict is identified, the individual is required to recuse themselves from discussions and votes related to the matter. All disclosures and actions taken are documented in the meeting minutes to ensure transparency and accountability.”

“P.O.W.E.R. Atlanta Inc. did not provide compensation to any officers, directors, trustees, or key employees during the tax year. Therefore, a formal compensation review process under Section 4958 was not undertaken for the Executive Director or other key personnel. Should compensation be implemented in the future, the organization intends to adopt a process that includes reviewing comparable data, documenting decisions in meeting minutes, and ensuring board-level approval by individuals without conflicts of interest.”

“P.O.W.E.R. Atlanta Inc. makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Interested parties may request copies by contacting the organization via email or phone. In addition, the organization shares select financial and programmatic information through its website at www.poweratl.org to promote transparency and accountability.”

“Retained funding from 2023.”