International Public Safety Institute

“A copy of the 990 is reviewed by the board of directors before filing.”

“Annual conflict of interest statements are completed.”

“The board of directors refers to the national compensation survey prepared by the bureau of labor statistics as a guideline for compensation levels. Specifically, the section relating to non-profit establishments serves as the primary guide. The board also considers such factors as previous salary of an employee at another job, unique skills of an employee, past experience, and the employee's stature in the public safety community, e.g. Nationally known and serving in additional public safety capacities. Compensation levels for employees are approved by a vote of the board of directors, all of whom are disinterested individuals and none of whom have a conflict of interest position with respect to the compensation levels. Board members are not compensated for their time nor do any of them have a personal relationship with any employee. In the event that any board member has a conflict with a compensation arrangement, that board member would be required to report the conflict and recuse himself/herself from the vote regarding the arrangement.”

“The organization's governing documents, conflict of interest policy and financial statements are available to the public upon request.”

“Conversion of financial statements from cash to accrual basis 6,626.”

“This process has not changed from the prior year.”

“The institute adopted the accrual basis of accounting during the current year. Opening balances were adjusted to record receivables and payables and other accrued liabilities that existed as of the beginning of the year and were not reflected under the cash basis of accounting. These adjustments were recorded directly to net assets.”