OPEN FUTURE INSTITUTE: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
OPEN FUTURE INSTITUTE (EIN 45-5494252)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-10-21
IRS object ID
201912949349301306
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2019-10-21T13:27:06-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN133597814PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SKODY SCOT & CO CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1520 EIGHTH AVE SUITE 2200AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10018ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN455494252EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1OPEN FUTURE INSTITUTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlOPENBusinessNameControlTxt
Phone9174057331PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 WEST 57TH STREET NO 45AAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGERARD SENEHIPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone9174057331PhoneNum
Signature2019-10-21SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonWILLIAM SKODYPreparerPersonNm
PTINP00631754PTIN
Phone2129671100PhoneNum
Preparation2019-10-21PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address38.122.225.90IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-10-21IPDt
IP Tm14:27:32IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id744111110870A6F1869E9C7708983D3D0F8C87A4AtSubmissionCreationDeviceId
At Submission Filing Device Id744111110870A6F1869E9C7708983D3D0F8C87A4AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-01-14 16:20:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerGERARD SENEHIPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 WEST 57TH STREET NO 45AAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$459,714GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressOPENFUTUREINSTITUTE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionPROVIDE STUDENTS WITH VISION AND CORE VALUES.ActivityOrMissionDesc
Voting Members Governing Body8VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$326,475PYContributionsGrantsAmt
CY Contributions Grants$324,715CYContributionsGrantsAmt
PY Program Service Revenue$36,000PYProgramServiceRevenueAmt
CY Program Service Revenue$134,999CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$362,475PYTotalRevenueAmt
CY Total Revenue$459,714CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$130,051PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$212,765CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$33,175CYTotalFundraisingExpenseAmt
PY Other Expenses$61,178PYOtherExpensesAmt
CY Other Expenses$96,111CYOtherExpensesAmt
PY Total Expenses$191,229PYTotalExpensesAmt
CY Total Expenses$308,876CYTotalExpensesAmt
PY Revenues Less Expenses$171,246PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$150,838CYRevenuesLessExpensesAmt
Total Assets BOY$314,169TotalAssetsBOYAmt
Total Assets EOY$381,247TotalAssetsEOYAmt
Total Liabilities BOY$93,035TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,275TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$221,134NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$371,972NetAssetsOrFundBalancesEOYAmt
MissionOUR MISSION IS TO EXPAND AND PROMOTE THE EVOLUTION OF CULTURE IN ORDER TO SUPPORT THE ADVANCEMENT OF SOCIETY AND TO ADDRESS GLOBAL CHALLENGES AT THEIR SOURCE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$203,993ExpenseAmt
Revenue$134,999RevenueAmt
DescTHE QUESTION PROJECT PROVIDES FORUMS FOR HIGH SCHOOL AND UNIVERSITY STUDENTS GLOBALLY TO REFLECT ON THEIR BELIEFS, VALUES, AND PURPOSE. IT IS DESIGNED TO GIVE STUDENTS AN OPPORTUNITY TO ENGAGE AUTHENTICALLY WITH THEIR CORE VALUES AND HOW THEY DEFINE MEANING AT A STAGE IN THEIR LIVES WHEN THEY BEGIN MAKING CHOICES THAT WILL SET THE TRAJECTORY OF THEIR FUTURE. THIS INITIATIVE AIMS TO SUPPORT STUDENTS' SENSE OF RESPONSIBILITY TO THE GREATER SOCIETY, THEIR POTENTIAL FOR INSPIRED LEADERSHIP, AND THEIR CAPACITY TO RESPOND CREATIVELY TO THE PRESSING NEEDS OF OUR TIME WITH VISION AND PURPOSE.Desc
Total Program Service Expenses$203,993TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document11IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members8GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9174057331PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1301 WEST 57TH STREET NO 45AAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10019ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
GERARD SENEHI
PRESIDENT20.00Yes (X)Yes (X)$0$0$0
FRANCESCA RUSCIANI
VICE PRESIDENT20.00Yes (X)Yes (X)$75,000$0$20,256
EMILY SCHULMAN
DIRECTOR1.00Yes (X)$0$0$0
NAZIR AHMAD
SECRETARY1.00Yes (X)Yes (X)$0$0$0
DANIEL STONE
DIRECTOR1.00Yes (X)$0$0$0
DAVID ADLER
DIRECTOR1.00Yes (X)$0$0$0
MUMTAZ A KAZIM
DIRECTOR1.00Yes (X)$0$0$0
TOM MOROZ
TREASURER1.00Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$75,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$20,256TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$324,715AllOtherContributionsAmt
Total Contributions$324,715TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescSCHOOL FEESDesc
Business900099BusinessCd
Total Revenue Column$134,999TotalRevenueColumnAmt
Related Or Exempt Func Income$134,999RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$134,999TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$459,714TotalRevenueColumnAmt
Related Or Exempt Func Income$134,999RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$75,000TotalAmt
Program Services$53,086ProgramServicesAmt
Management And General$16,889ManagementAndGeneralAmt
Fundraising$5,025FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$92,917TotalAmt
Program Services$65,768ProgramServicesAmt
Management And General$20,924ManagementAndGeneralAmt
Fundraising$6,225FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$26,619TotalAmt
Program Services$21,555ProgramServicesAmt
Management And General$2,026ManagementAndGeneralAmt
Fundraising$3,038FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$18,229TotalAmt
Program Services$13,084ProgramServicesAmt
Management And General$4,263ManagementAndGeneralAmt
Fundraising$882FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$657TotalAmt
Program Services$635ProgramServicesAmt
Management And General$22ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$17,963TotalAmt
Management And General$17,963ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$14,100TotalAmt
Program Services$2,100ProgramServicesAmt
Fundraising$12,000FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,105TotalAmt
Program Services$1,687ProgramServicesAmt
Management And General$5,183ManagementAndGeneralAmt
Fundraising$235FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,426TotalAmt
Management And General$2,426ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PROGRAM EXPENSES - OTHE$33,326$33,326
TRAVEL AND MEETINGS$14,461$10,101$161$4,199
MEALS$6,073$2,651$1,851$1,571

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$308,876TotalAmt
Program Services$203,993ProgramServicesAmt
Management And General$71,708ManagementAndGeneralAmt
Fundraising$33,175FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$314,169BOYAmt
EOY$381,247EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$314,169BOYAmt
EOY$381,247EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$4,535BOYAmt
EOY$9,275EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$88,500BOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$93,035BOYAmt
EOY$9,275EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$221,134BOYAmt
EOY$371,972EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$221,134BOYAmt
EOY$371,972EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$314,169BOYAmt
EOY$381,247EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$150,838ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$89,434CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$161,280CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$217,870CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$326,475CurrentTaxYearMinus1YearAmt
Current Tax Year$324,715CurrentTaxYearAmt
Total$1,119,774TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$89,434CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$161,280CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$217,870CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$326,475CurrentTaxYearMinus1YearAmt
Current Tax Year$324,715CurrentTaxYearAmt
Total$1,119,774TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$280,090SubstantialContributorsTotAmt
Public Support Total170$839,684PublicSupportTotal170Amt
Total Support$1,119,774TotalSupportAmt
Gross Receipts Rltd Activities$170,999GrossReceiptsRltdActivitiesAmt
Public Support CY1700.74990PublicSupportCY170Pct
Public Support PY1700.74260PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2GERARD SENEHI AND FRANCESCA RUSCIANI ARE MARRIED.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 HAS BEEN REVIEWED BY A GROUP OF PERSONS AUTHORIZED TO REVIEW FINANCIAL AND AUDIT MATTERS PRIOR TO FILING. THE FINAL FORM 990 (FILED WITH THE IRS) WILL BE AVAILABLE AT THE NEXT MEETING OF THE BOARD FOR INSPECTION. IN ADDITION, UPON REQUEST OF ANY BOARDMEMBER, A COPY WILL BE PROVIDED. IF THERE ARE ANY MATERIAL CHANGES, AN AMENDED FORM 990 WILL BE FILED.
FORM 990, PART VI, SECTION B, LINE 12CTHE ORGANIZATION ENFORCES THE CONFLICT OF INTEREST POLICY BY MONITORING KNOWN RELATIONSHIPS, QUESTIONNAIRES, AND NOTING ANY CHANGES IN DISCLOSED INFORMATION. ANY CONFLICT IS REVIEWED BY THE BOARD BEFORE A DECISION IS MADE AS TO WHETHER TO APPROVE THE TRANSACTION.
FORM 990, PART VI, SECTION B, LINE 15ATHIS REVIEW INCLUDES RESEARCHING GUIDESTAR, FORM 990S, NY NON-PROFIT NETWORK ANNUAL SALARY SURVEY, PHONE CALLS TO OTHER ORGANIZATIONS TO COLLECT DATA.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.

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