Action Against Hunger - USA

“The 990 was prepared by the outside accountants, reviewed by senior management and provided to the entire board of directors for review and approval. However, in the event that approval is needed between meetings, the board of directors has authorized the finance committee of the board to conduct a thorough review of the 990 with management (to include informing any board member of their being referenced in any section other than the list of members of the board) and, acting between board meetings, to authorize release of the 990. In this event, a copy of the form 990 would be e-mailed to all members prior to filing with the irs.”

“Procedures for addressing a conflict of interest: - each board member annually signs a conflict of interest policy. - where a matter has been brought up before the board of directors and the board of directors has concluded that a conflict of interest exists, the chairman or president of the board or committee of the board, if appropriate, appoints a disinterested person or committee to investigate alternatives to the proposed transaction, contract, or arrangement. - after exercising due diligence, the board or committee determines whether the organization can obtain a more advantageous transaction, contract, or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. - if a more advantageous transaction, contract, or other arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee determines by a majority vote of the disinterested directors whether the transaction, contract, or arrangement is in the organization's best interest and for its own benefit and whether it is fair and reasonable to the organization, and makes its decision as to whether to enter into the transaction, contract, or arrangement in conformity with such determination. - employees are asked to annually disclose any possible conflict of interest. If a conflict occurs, the executive director reviews the issue and appropriate corrective and disciplinary action is taken, where appropriate.”

“The compensation committee's role is to review and set the compensation for the executive director/ceo (utilizing independent benchmarks and related information). In establishing the ceos compensation the committee looks at economic conditions, conditions of the organization, and successes under ceo leadership. The executive director completes performance reviews of the senior staff and discloses them to the compensation committee. The committee also reviews the salaries of key staff and consult on salary questions regarding the senior staff team should they arise. The process is documented and recorded in the organization board notes. The last compensation review for the executive director's compensation was in july 2022.”

“In keeping with one of the core principles (transparency) of its founding charter, action against hunger acf-usa provides the public with access to its governing documents, conflict of interest policy, and financial statements via the organization's website, www.actionagainsthunger.org.”

“Training: program service expenses 5,305,085. Management and general expenses 153. Fundraising expenses 0. Total expenses 5,305,238. Water & sanitation: program service expenses 3,768,851. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,768,851. Freight: program service expenses 3,654,564. Management and general expenses 155. Fundraising expenses 33. Total expenses 3,654,752. Non consumables: program service expenses 1,723,586. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,723,586. Licenses & subscriptions: program service expenses 297,442. Management and general expenses 254,996. Fundraising expenses 743,604. Total expenses 1,296,042. Nutrition: program service expenses 714,751. Management and general expenses 0. Fundraising expenses 0. Total expenses 714,751. Security: program service expenses 598,023. Management and general expenses 4,928. Fundraising expenses 0. Total expenses 602,951. Warehouse: program service expenses 413,794. Management and general expenses 1,585. Fundraising expenses 0. Total expenses 415,379. Electrical systems: program service expenses 250,554. Management and general expenses 0. Fundraising expenses 0. Total expenses 250,554. Equip. Rental & maint.: program service expenses 185,522. Management and general expenses 19,899. Fundraising expenses 3,924. Total expenses 209,345. Food: program service expenses 143,891. Management and general expenses 0. Fundraising expenses 0. Total expenses 143,891. Staff recruitment: program service expenses 9,963. Management and general expenses 17,555. Fundraising expenses 2,362. Total expenses 29,880. Payroll processing fees: program service expenses 0. Management and general expenses 28,727. Fundraising expenses 0. Total expenses 28,727. Radios: program service expenses 8,565. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,565. Fundraising expenses: program service expenses 3,750. Management and general expenses 0. Fundraising expenses 4,275. Total expenses 8,025.”

“EXCHANGE LOSS -283,410.”