Mandela Marketplace Inc

“An outside accounting firm prepares the tax returns. After completion of said returns, the organization is sent a draft of the tax returns to be reviewed and examined by the director of finance and the finance committee. If all items are found to be acceptable, the organization distributes copies of the completed returns to the board of directors. At which point, an authorization is signed and provided to the outside accounting firm to process, sign and provide copies of the returns to be filed (paper or electronically) with the designated governmental agencies. The tax returns are then signed by the organization, stamped with certified return receipt and timely placed in the mail for filing, or the form 8879 is provided to the outside accounting firm allowing electronic filing.”

“Members of the board of directors review all potential conflicts of interest atleast annually. All personnel and board members are required to disclose (inwriting) potential conflicts and any related party affiliations. Loans between theorganization and members of management and the board are strictly prohibited. Theorganization seeks full transparency on all relationships. Any potential conflicts(in fact or appearance) are discussed openly and resolved in accordance with theorganization's policies and procedures.”

“Members of the board of directors review the compensation of all high-levelpersonnel periodically in accordance with irs rules and regulations. Efforts aremade to secure compensation data from industry sources in order to determinecompetitiveness and appropriateness of salaries. Every effort is made to ensure thatthe process is thorough and transparent in accordance with irs guidelines and theorganization's policies and procedures.”

“Compensation of other high-level personnel and key employees is reviewedperiodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnelfiles.”

“Federal Tax Returns will be available at guidestar.org & charitynavigator.org.”

“Governing documents are available for public inspection at the principal place of business.The conflict of interest policy and the organization's financial statements are available upon request.”