The Transition Network Inc.

“The audit committee reviews the audited financial statements with the auditors. The audit committee then meets with the board of directors to discuss the year-end results and answers any questions raised by the board of directors. The form 990 is distributed to all members of the board of directors by e-mail before filing.”

“Ttn has a written conflict of interest policy. In january of each year, board members are presented with the conflict of interest policy. The policy is reviewed and each member is asked to sign a statement that they have not engaged in any activities that would be defined as a conflict. In addition, if ttn is contracting with a third party or paying any amounts, the executive director (and the board if necessary) review the transaction for any conflict of interest and take appropriate action if a potential conflict is identified.”

“Ttn's executive committee reviews the executive director's salary and benefits annually, taking into account compensation for comparable positions. The executive director is the only officer/key employee of the organization. There board agrees on and documents the executive director compensation during the performance review. The last compensation review took place in december 2020.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“The transition network (ttn) supports women over 50 who are transitioning from their current life to whatever comes next. With over 10,000 current and former members, ttn helps women connect with each other for support and camaraderie, discover what's important to them and demonstrate that older women are a valuable asset to society. Ttn focuses on three key opportunities for members to learn and grow through their transitions. These include: 1. Connect: ttn helps women re-build the networks they may have lost after leaving their career. 2. Discover: the members learn from each other in transition peer groups and from attending programs where they can explore their options. 3. Impact: ttn helps them see the opportunities they have to make an impact in their individual communities. The mission of ttn is delivered through its chapters where women come together to connect with each other, discover what's important to them and determine the impact they want to have on their communities. There are over 150 transition peer groups which bring women together for learning and support as they explore their career transitions. Members have formed over 200 special interest groups which focus on a particular activity or interest often including an element of learning. In 2020, covid required ttn to move all of its programs and events online where there continued to be a robust variety of topics such as healthy living, medicare, issues relating to aging, housing, balancing work and personal fulfillment, self-reflection and discovery, as well as practical skill building - writing, social media, photography, legacy building. Despite covid, our members are finding unique ways to contribute to their communities. They coordinate fundrasing activities to support organizations such as, people's emergency center, island harvest, career wardrobe, habitat for humanity, atlanta hospital hospitality house, manna and philabundance. They volunteer time to read to children, and at the fortune society, they assist men and women coming home from prison and reentering society. Ttn's caring collaborative is active in two chapters. It connects members who need guidance and support as they face a medical challenge, provide a way to learn more about member experiences and provides practical peer support for temporary health challenges. Members accompany each other to doctor's appointments, share referral information, and provide groceries or pick up medications during times of need. Ttn continues to develop its "signature programs." these are groups or programs which are unique to ttn, designed specifically to support women in transition. Ttn currently has three signature programs: (1) the "women in transition workshop" is 1/2-day experiential workshop which teaches about the nature of transitions and what steps can be taken to make them go more smoothly. (2) transition peer groups 8-12 women who meet regularly to discuss relevant topics and provide support to each other as they examine their priorities and determine how they want to impact others in their lives; (3) on resilience - a 1/2 day workshop on the fundamentals of strengthening resilince followed by six conversations to go more deeply into developing these essentials characteristics. In 2018 before virtual connections were a common aspect of everyday life, ttn added a virtual component to its roster of programs. Breaking free groups bring together women from across the country via video conference to share their transition experiences. In 2019, we introduced discover series webinars which feature experts on topics such as housing as we age, keeping our brains healthy and planning ahead as we age. The transition network is an active participant in the industry of positive aging. It engages with other organizations focused on this aging population to provide education, resources and community. Ttn's executive and board members are regularly interviewed and invited to be guest speakers on the topic of tra”

“On may 7, 2020, ttn received loan proceeds in the amount of $27,500 under the paycheck protection program. The promissory note calls for monthly principal and interest payments amortized over the term of the promissory note with a deferral of payments for the first six months. Under the coronavirus aid, relief, and economic security act (cares act), the promissory note may be forgiven by the small business administration in whole or in part. Ttn intends to use the proceeds for purposes consistent with the paycheck protection program and believes that its use of the loan proceeds will meet the conditions for forgiveness of the loan. Ttn intends to apply for forgiveness after completing the 24 week period. If forgiveness is granted, ttn will record revenue from debt extinguishments during the period that forgiveness is approved.”