Foundation for National Progress

“In accordance with common practice in the nonprofit community, the Board delegates certain matters to The Executive Committee, which is empowered to act between board meetings if necessary, and sometimes with specifically delegated authority to act in particular areas on behalf of the full board. The composition of executive committee includes Board members.”

“Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service.”

“Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures.”

“Members of the board of directors review the compensation of all high-level personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures.”

“Compensation of other personnel and highly compensated employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files.”

“Tax returns are available for download from several websites and by request from the organization's office in San Francisco, California.”

“All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office.”

“Consolidating and timing adjustments = -$69725”

“Under the California Nonprofit Integrity Act, an exempt organization with annual revenue of $2 million or more is required to have an Audit Committee to select an audit Firm, review the audit, and approve the audit of its annual financial statements. The audited financial statements are prepared by a qualified and licensed independent audit firm. The audit report is reviewed and approved by the organization's management and the Board of Directors.”

“Cir is at the forefront of non-profit news organizations in developing content and engagement across social media platforms with the deepest reach among younger audiencesthose whose participation in the political process will be decisive in elections to come. We are innovating in this area, most recently with a pilot short-form video and creator program focused on underserved audiences, sharing fact-based, in-depth journalism on social media platforms such as youtube and tiktok. During this period, a major investigation, "40 acres and a lie, showed that formerly enslaved families were given land after the civil war, only to have it taken away again and returned to their enslavers. Our film "the grab" showed for the first time how the global war for control of water is playing out in places from rural arizona to the russian tundra. Our strength is owning a beat, covering it for years, recognizing patterns, and identifying where stories key issues intersect, as with climate and racial justice, or democracy and disinformation. For its exposes and explanatory packages, the center for investigative reporting has been honored with every one of journalism's highest awards, including the emmy, the polk and columbia-dupont awards and the investigative reporters and editors as well as national magazine awards.”