Center for Renewing America Inc

“The organization has no committees with authority to act on behalf of the governing body. Therefore, this line was answered no in accordance with the instructions.”

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.”

“The organization requires all officers, key employees, and board members to annually complete and sign a conflict of interest questionnaire. The President is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. The board and general counsel review the President's signed statement. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The President's compensation was discussed and determined by independent members of the board. The board took into account the compensation levels of comparable nonprofit organizations. The process is documented as part of the overall budget process.”

“Key employee compensation is determined based on budget, performance, and data from similar organizations in the geographic area. The board approves the budget and this process is contemporaneously documented.”

“It is the organization's policy to fully comply with all federal and state disclosure requirements related to the IRS forms. The organization will fulfill requests for applicable forms in accordance with the public disclosure requirements. Governing documents subject to public disclosure rules will be made publicly available as applicable law may require. Otherwise, the documents will be provided at the discretion of the President of the organization after consultation with professional advisers.”

“Miscellaneous revenue - Total Revenue: 6900, Related or Exempt Function Revenue: 6900, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“Program consultants & independent contractors - Total Expense: 1004383, Program Service Expense: 949499, Management and General Expenses: , Fundraising Expenses: 54884; Other program admin services - Total Expense: 234730, Program Service Expense: 199521, Management and General Expenses: 11736, Fundraising Expenses: 23473;”

“Consistent with the terms of the cost sharing agreement, subsequent to year-end, Citizens for Renewing America ("CFRA") made a payment of approximately $149,121 to CRA to settle a portion of the due to/due from affiliate balance.”