The Narbha Institute Inc

“Corporate policies require review of the Form 990 by the finance comittee of the board of directors and distribution to the members of the board of directors prior to filing the organization's 990 return.”

“NARBHA's Corporate Bylaws set out a comprehensive conflict of interest policy applicable to all members of the Board of Directors that requires that each director to promptly and fully disclose and declare all material facts of every actual or perceived conflict of interest, duality of interest and financial interest. Disclosure and declaration are monitored and reviewed by the Boards' Conflicts Advisor, appointed by the Board Chair, and the Board Chair. A board member who has a conflict of interest shall play no part, directly or indirectly, in the deliberations or vote, shall leave the meeting during the discussions of, and the vote on, the matter, contract or transaction and may not participate in the discussion nor vote on any decision in which the member has a conflict of interest or has declared a conflict of interest. Review and determination of conflicts and compliance with the policy is monitored by the Conflicts Advisor and the Board Chair. The Conflicts Advisor and the Governance Committee of the Board may investigate violations. Violations of the requirements set forth in the policy result in sanctions imposed by majority vote of the entire Board, up to and including removal from the Board. In addition, NARBHA has a comprehensive conflicts of interest policy applicable to all employees and volunteers working for NARBHA which requires annual disclosure and prohibits employees/volunteers from participating in any decision to purchase or lease services, goods or property, or in any decision or action to correct, discipline or improve the performance of or terminate the contract of any NARBHA vendor, contractor or service provider in which the employee or volunteer or a relative or close social contact has a conflict of interest. The internal policy is monitored by the Human Resources and Corporate Compliance officers and enforced through the Chief Executive Officer.”

“Based on comparability data for similarly qualified persons in functionally comparable positions at similarly situated organizations, the CEO's compensation was reviewed and approved by the organization's governing body, composed of independent members without conflicts, and contemporaneously documented. Compensation for key employees is established based on review and approval by organization's internal compensation-setting body, composed of independent members without conflicts, basing compensation on such factors as education requirements, license/certifications, experience, training, competencies, level of responsibility required for the job and a review of market factors on a local, state and/or national level for similarly qualified persons in comparable positions at similar organizations, and contemporaneously documented when changes are made.”

“Corporate policies require that corporate records meet transparency standards for tax exempt organizations established by state and federal law. Corporate articles and annual reports/disclosures are published on the state of Arizona website (Arizona Corporation Commission www.azcc.gov). Corporate 990 returns are published at www.guidestar.org. The corporate 990 return is made available upon request per corporate policies and IRS rules. Other governing documents are not required to be made available to the public and therefore are not published. The audited financial statements are published on the company's website.”

“Program service fees distributed $142,404,903. Professional and Outside Services $129,298.”