Institute for Creation Research

“Governance, management, and disclosure: the organization is a fully accredited member of the evangelical council for financial accountability (ecfa) and, as such, subscribes to ecfa's seven standards of responsible stewardship addressing: (1) operation in conformity with the organization's evangelical christian doctrinal statement, (2) oversight by a board of directors, the majority of which are independent, (3) submission of complete, accurate, audited financial statements, (4) proper managment and financial controls over the use of the organization's resources, (5) public availability of the organization's current financial statements upon written request, (6) avoidance of conflicts of interest, and (7) responsible, truthful, fund-raising practices.”

“The organization's top management official and top financial officer each review the form 990 prior to its filing with the irs. A copy of the final form 990 is also provided to the voting members of the organization's audit committee and governing body prior to its filing with the irs.”

“The organization's conflict of interest policy is distributed to each member of the organization's governing body, its officers, and its key employees on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interests that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate organization officals to take appropriate actions as required by the policy.”

“The organization has adopted an executive compensation setting policy applicable to the organization's ceo/president/top leader. Under the policy, an independent committee of the board of directors annually reviews and approves the compensation level of the organization's ceo/president/top leader. The deliberations and decisions of the committee are contemporaneously substantiated. The committee utilizes comparability data in its deliberations; updated comparability data is generally obtained annually.”

“The organization provides, upon request, copies of its articles of incorporation, bylaws, conflict of interest policy, and its financial statements.”

“Change in value of annuities and trusts 120,983.”