Annual Reviews Inc

“Before filing the form 990, a copy of the form is distributed to the board of directors without asking for approval or comments.”

“When an individual is elected to serve as a member of the annual reviews board of directors, the business affairs committee, or the editorial affairs committee, the member is asked to fill out a "disclosure of potential bias" form. Their statements are kept on file with the corporate secretary to the board and will be made available upon request. Members are asked to update their disclosure statements whenever circumstances necessitate a change. Blank forms are distributed to members during each year of service as a reminder for members to review their disclosure statements and update as necessary.”

“The board of directors compensation committee is made up of four board members annually elected to serve on this standing board committee. It meets annually each spring for the purpose of determining and approving the compensation of the organization's president and editor-in-chief and reviewing and approving the pay of top management, officers and key employees in order to determine internal and external equity. Reports of benchmark salary and merit increase data are also provided by the director of human resources for review and comment. Other employee salaries are approved annually by annual reviews' internal compensation committee, consisting of the president & editor-in-chief, the cfo & corporate secretary, and the director of human resources, based on meetings with relevant supervisors and directors for each department. The director of human resources maintains records and documentation of all salary actions approved.”

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

“The consolidated financial statements include the accounts of the organization and its wholly-owned subsidiary, annual reviews investment corporation (aric), a california nonprofit public benefit corporation, which was established in october 2013. Aric was formed for the purpose of managing investments for the benefit of the organization.”

“Elimination for consolidation - inter-co payable 2,858,028.”

“The 2022 financial statements were audited on a consolidated basis with annual reviews investments corporation.”

“Annual reviews has not changed its process related to oversight of the audit and review of its financial statements and the selection of its independent auditor. A copy of the form 990 is distributed to the board of directors.”