Declarations Inc.

“Pursuant to the organization's bylaws, the board of trustees, by resolution, may from time to time create and appoint committees or advisory boards, and designate their respective functions and responsibility, as it may deem appropriate and desirable. The organization currently does not have such committees or advisory boards and therefore would not be required to document the meetings held or written action taken.”

“The board of trustees engages an independent cpa firm to prepare form 990. Upon completion of the return, the cpa firm provides a draft to the organization's president. The president distributes a copy of the draft return to all board members for their review and comment prior to the filing of the return.”

“Article vii of the organization's bylaws address conflicts of interest. Pursuant to this section, an interested person has a duty to disclose any actual or possible conflicts of interest. The section outlines the procedures the organization must follow for addressing any conflict of interest. It also includes a requirement that each trustee or officer sign a conflict of interest statement annually. Finally it requires a periodic review by the organization of compensation and benefit arrangements, partnership and joint venture arrangements and other type arrangements such as employee and third party payer arrangements.”

“The board of trustees annually reviews and approves the salary of the president/ceo and other staff members. Other than the president/ceo the organization has no paid officers or key employees.”

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

“The organization's financial statements are compiled by an independent accountant on a quarterly basis. The organization's financial statements are audited by a different independent accountant on an annual basis. The organization's board of trustees assumes responsibility for oversight of the annual audit. This process is unchanged from the prior year.”

“Other professional fees include: payroll processing fees of $7,452- program expenses and $1,751- management and general expenses. Financial and emr software $43,358- program expenses and $3,184- management and general expenses.”

“The organization does not have any uncertain tax positions under fin 48 (asc 740) so this disclosure is no longer required based on recent guidance by the aicpa.”