Form 990, Part VI, Section B, Line 11b |
THE FORM 990 IS PREPARED BY THE TREASURER OF THE BOARD OF DIRECTORS IN CONSULTATION WITH THE MANAGERS. WHEN IT IS COMPLETE, IT IS ELECTRONICALLY SHARED WITH THE ENTIRE BOARD. THE BOARD IS ASKED TO REVIEW THE 990 AND PROVIDE ANY COMMENTS OR FEEDBACK, AS WELL AS ASK QUESTIONS. ONCE THE BOARD HAS REVIEWED THE 990, IT IS FILED WITH THE IRS. |
Form 990, Part VI, Section B, Line 12c |
THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY AS PART OF THE ORGANIZATION'S BY-LAWS. THE ORGANIZATION'S POLICY STATES THAT INDIVIDUALS SHOULD AVOID PLACING THEMSELVES IN POSITIONS WHEREIN ACTUAL OR PERCEIVED CONFLICTS COULD ARISE. ALL DIRECTORS COMPLETE A CONFLICT OF INTEREST DISCLOSURE PRIOR TO JOINING THE BOARD, AND DISCLOSURES ARE UPDATED ANNUALLY. ALL POTENTIAL CONFLICTS ARE REVIEWED BY THE FULL BOARD OF DIRECTORS. THE BOARD DETERMINES WHETHER A GIVEN TRANSACTION IS ON FAIR AND REASONABLE TERMS AND IS IN BEST INTEREST OF THE ORGANIZATION, AND THEN DETERMINES WHETHER THE ORGANIZATION SHOULD PROCEED WITH THE TRANSACTION. IN ADDITION, IF A CONFLICT OF INTEREST EXISTS, THE DIRECTOR IN QUESTION MUST RECUSE HIM OR HERSELF FROM ANY VOTE OR RECOMMENDATION REGARDING THE TRANSACTION. |
Form 990, Part VI, Section B, Line 15 |
THE COMPENSATION OF THE 2 CO-EXECUTIVE DIRECTORS WAS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE COMPENSATION WAS DETERMINED BASED ON COMPARABILITY DATA AND LENGTHY DISCUSSIONS AROUND EQUITY AND FAIR COMPENSATION AND BENEFITS. |
Form 990, Part VI, Section C, Line 18 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION WILL PROVIDE COPIES ELECTRONICALLY OR MAIL COPIES UPON REQUEST WITHIN 7 DAYS OF THE REQUEST. |
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. THE ORGANIZATION WILL PROVIDE COPIES ELECTRONICALLY OR MAIL COPIES UPON REQUEST WITHIN 7 DAYS OF THE REQUEST. |
Form 990, Part IX, Line 11g |
Program includes Interlace program manager and permanent outdoor sculpture project management. Admin includes strategic planning consultant. |