Kidsfashion Delivers Inc

“Board member haresh tharani and board member mike setola have a business relationship.”

“The organization has its form 990 prepared by an outside accounting firm. A draft of the form 990 with all attachments is provided electronically to all board of directors for review and comment before it is filed with the irs.”

“K.i.d.s./fashion delivers, inc. Has a conflict of interest policy that applies to the board members. Each year, k.i.d.s./fashion delivers, inc. Requires all board members to sign a conflict of interest policy and annually disclose any potential or actual conflicts that may exist in writing to the organization. If a conflict of interest exists, the interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the board or executive committee. If it is determined that an actual conflict of interest exists, the interested person shall leave the board or executive committee meeting while the determination of the conflict of interest is discussed and voted upon. The remaining board or executive committee members shall decide if a conflict of interest exists. The minutes of the board meetings record the processing of this process.”

“Compensation for the president and chief operating officer is reviewed and approved by the executive committee. The president assists the executive committee with establishing performance targets and objectives, recommending salary levels for staff, and periodically providing benchmark compensation data from other non-profit organizations. The executive committee makes all final decisions regarding compensation. Records of executive committee's compensation decisions are maintained. This process was last undertaken in 2016.”

“K.i.d.s/ fashion delivers, inc. Makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, form 990, form 1023, and by-laws are also available upon written request to 266 w. 37th st., 22nd floor, new york, ny 10018 or by calling the organization directly at 212-279-5493. The public form 990 and the financial statements for the past three years are also online at the organization's website, www.donateproduct.com.”

“Write-off of contribution receivable -12,000.”

“K.i.d.s./fashion delivers, inc. Has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”