Upwardly Global

“IN 2015, THE ORGANIZATION CONDUCTED A THIRD PARTY, INDEPENDENT EVALUATION OF COMPENSATION FOR ALL POSITIONS IN THE ORGANIZATION. A REVIEW OF THE ASSESSMENT WAS COMPLETED AND A COMPENSATION RANGE WAS SET AND APPROVED FOR PERFORMANCE INCREASES IN FY16. THE ASSESSMENT IDENTIFIED THE NEED FOR SOME ONE-TIME SALARY ADJUSTMENTS IN KEY POSITIONS, WHICH WERE APPROVED BY THE BOARD AND IMPLEMENTED IN EARLY 2016. Upwardly Global did not conduct a new compensation evaluation in 2017; however, with the introduction of the new President & CEO in 2018, an independent compensation survey was commissioned to ensure that Upwardly Global is paying a competitive salary when compared to its peer organizations.”

“Form 990, part vi, line 11 the responsibility for the formal review of the form 990 lies with the finance committee of the board of directors of the organization, with the full board accepting or rejecting the recommendation of the finance committee. With the support and input from the organization's cpa firm, management completes and reviews the form 990 before formally presenting it to the finance committee for review. In collaboration with management, the finance committee directs relevant edits or changes to be made by the organization's cpa and does a final approval after all changes are finalized. After the finance committee approves the form 990, they submit it to the full board to accept or reject the recommendation. The approval of the form 990 is recorded in the finance committee meeting notes, and the acceptance of the full board is recorded in board meeting notes. Conflict of interest policy & monitoring form 990, part vi, line 12 upwardly global has implemented an annual conflict of interest signoff process for all employees and directors in 2017 and is fully compliant. This procedure ensures that all officers, directors and key employees maintain independence with the organization on an annual basis. Within the past year, the organization has required all new employees to certify that no conflicts exist. These responses are monitored by human resources.”

“FORM 990, PART VI, LINE 15A IN 2015, THE ORGANIZATION CONDUCTED A THIRD PARTY, INDEPENDENT EVALUATION OF COMPENSATION FOR ALL POSITIONS IN THE ORGANIZATION, INCLUDING THE CEO AND TOP MANAGEMENT POSITIONS IN COLLABORATION WITH A SUBSET OF THE EXECUTIVE COMMITTEE AND FINANCE COMMITTEE OF THE BOARD. A REVIEW OF THE ASSESSMENT WAS COMPLETED AND A COMPENSATION RANGE WAS SET AND APPROVED FOR PERFORMANCE INCREASES IN FY16. Upwardly Global did not conduct a new compensation evaluation in 2017; however, with the introduction of the new President & CEO in 2018, an independent compensation survey was commissioned to ensure that Upwardly Global is paying a competitive salary when compared to its peer organizations. The organization is in the process of undertaking a compensation review in 2018 which will be described in further detail on the subsequent form 990.”

“FORM 990, PART VI, SECTION C, LINE 19 The organization makes its governing documents and conflict of interest POLICY AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE.”