| FORM 990, PART 1, LINE 8 CONTRIBUTIONS AND GRANTS |
THE IRS FORM 990 DOES NOT ALLOW SEPARATE REPORTING OF UNRESTRICTED AND TEMPORARILY RESTRICTED NET ASSETS ACTIVITY. INCREASED TEMPORARILY RESTRICTED ACTIVITY RESULTS IN FLUCTUATIONS IN TOTAL CHANGE IN NET ASSETS DUE TO THE TIMING DIFFERENCES BETWEEN WHEN THE REVENUE IS RECOGNIZED AND WHEN THE EXPENSES ARE INCURRED. DURING THE FISCAL YEAR ENDING JUNE 30, 2016, DEMOS RECEIVED A LARGE MULTI YEAR GRANT THAT WAS RECOGNIZED AS REVENUE IN THAT YEAR. ALTHOUGH DEMOS HAD AN UNRESTRICTED SURPLUS FOR THE YEAR ENDED JUNE 30, 2017, THERE IS A DEFICIT BALANCE REPORTED ON PART I LINE 19. TO UNDERSTAND DEMOS' PERFORMANCE ON AN ANNUAL BASIS, PLEASE REVIEW PAGE 3 OF THE AUDITED FINANCIAL STATEMENTS, STATEMENT OF ACTIVITIES. THE STATEMENT OF ACTIVITIES DISPLAYS THE RELEASE OF TEMPORARILY RESTRICTED NET ASSETS AND REPORTS THE CHANGE IN UNRESTRICTED NET ASSETS, WHICH IS THE BEST MEASURE OF DEMOS' PERFORMANCE AS THIS MEASURE IS NOT AFFECTED BY THE TIMING DIFFERENCES BETWEEN REVENUE RECOGNITION AND WHEN THE EXPENSES ARE INCURRED. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE PREPARED FORM 990 IS REVIEWED BY THE AUDIT COMMITTEE AND THEN BY THE MEMBERS OF THE GOVERNING BODY BEFORE THE RETURN IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C |
THE CONFLICT OF INTEREST POLICY IS REVIEWED AT LEAST ANNUALLY BY THE DIRECTORS. ALL DIRECTORS AND OFFICERS ARE REQUIRED TO COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. A DIRECTOR OR OFFICER WITH A CONFLICT OF INTEREST IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THE TRANSACTION. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE DIRECTORS REVIEW AND APPROVE THE PRESIDENT'S COMPENSATION. ALL OTHER EMPLOYEES' COMPENSATION IS DETERMINED BY THE PRESIDENT AND SENIOR LEADERSHIP BASED ON PERFORMANCE AND INDUSTRY COMPARISONS. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AND ON ITS WEBSITE. |
| FORM 990, PART IX, LINE 11G |
CONSULTANTS: PROGRAM SERVICE EXPENSES 934,145. MANAGEMENT AND GENERAL EXPENSES 89,314. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,023,459. BLOG AND AUTHOR FEES: PROGRAM SERVICE EXPENSES 1,837. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 163. TOTAL EXPENSES 2,000. GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 9,292. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,292. EVENT LOGISTICS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 29,683. TOTAL EXPENSES 29,683. TEMP STAFFING AGENCY: PROGRAM SERVICE EXPENSES 48,725. MANAGEMENT AND GENERAL EXPENSES 81,915. FUNDRAISING EXPENSES 73,105. TOTAL EXPENSES 203,745. |
Attach to Form 990 or 990-EZ.