Science and Technology Futures Inc

“The organization amended its bylaws in 2024. Of the changes made to the bylaws, the only significant change was the language regarding the authority and duties of the organization's officers.”

“Reviewed by organization management. Reviewed by external legal counsel. Final draft reviewed by board.”

“Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest, is an interested person. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, s/he shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted.”

“The organization determines the compensation of key employees based on a review of market data and an independent compensation survey. The executive team reviews the survey data, considering factors such as industry standards, organizational budget, experience, and performance when making compensation decisions.”

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

“Consultants: program service expenses 1,192,166. Management and general expenses 2,290. Fundraising expenses 0. Total expenses 1,194,456. Payroll expenses: program service expenses 0. Management and general expenses 4,114. Fundraising expenses 0. Total expenses 4,114. Testing support providers: program service expenses 230,247. Management and general expenses 0. Fundraising expenses 0. Total expenses 230,247. Other expenses: program service expenses 20,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,000.”