Economic Security Project Inc.

“The organization did not have any committees with the authority to act on behalf of the board.”

“The form 990 was prepared by outside accountants and reviewed by the treasurer and outside counsel. The final copy of the return was provided to the board prior to filing.”

“The conflict of interest policy covers members, directors, officers, and key employees of the corporation ("covered persons"). A copy of the conflict of interest policy must be furnished annually to each covered person. Each covered person annually signs a statement that affirms that he or she has received a copy of this policy, has read and understands the policy, and has agreed to comply with this policy. Covered persons must annually files a statement with the board of directors that lists any outside employment or consulting work or any board membership or affiliation with other organizations that could constitute a conflict, along with a listing of significant investments owned as defined in the policy. All material facts concerning any situation that might be viewed as a conflict is disclosed to the board of directors by the covered person concerned. No covered person may be present for a vote by the board of directors on any decision or action by the corporation that would directly or indirectly benefit that person, although that person may answer questions or respond to requests for factual information needed for the board to make an informed decision. The board may not approve any transaction in which a covered person has a material financial interest. The minutes of any board meeting at which discussions of potential conflicted transactions take place reflects in detail the deliberations and voting process related to such transactions. Form 990, part vi, section b, line 14: the organization is in the process of implementing a document retention and destruction policy in the upcoming year.”

“The compensation was paid by the related organization which used the following procedures to determine compensation: the executive director's compensation is reviewed by the board. Compensation is based on compensation history, comparable salaries and level of responsibility. The process was discussed and documented. The last compensation review was held on february 2021.”

“The organization's governing documents, conflict of interest policy and financial statements are made available to the public upon request when required by federal or state law.”

“Natalie foster and dorian warren received compensation from the related organization for strategic consulting services. These services were unrelated to their board member duties.”

“Contracted services: program service expenses 198,705. Management and general expenses 6,572. Fundraising expenses 0. Total expenses 205,277. Strategic communication: program service expenses 645,104. Management and general expenses 21,338. Fundraising expenses 0. Total expenses 666,442. Creative media: program service expenses 202,381. Management and general expenses 6,694. Fundraising expenses 0. Total expenses 209,075. Polling services: program service expenses 167,945. Management and general expenses 5,555. Fundraising expenses 0. Total expenses 173,500. Strategic leadership: program service expenses 167,038. Management and general expenses 5,525. Fundraising expenses 0. Total expenses 172,563.”

“The organization had a prior period adjustment to adjust revenue originally recognized in 2021 that should have been recognized in 2020.”