Tobin Project Inc.

“The director of operations has primary responsibility for working with the external accountants to prepare and review the form 990. After the director of operations has reviewed the form, he shares it with the president of the board of directors and the audit committee. An electronic copy is then provided to the board of directors and all members are asked to review and submit any questions or concerns in writing.”

“To ensure that the corporation operates in a manner consistent with its charitable purposes, periodic reviews shall be conducted. The periodic review shall determine: a) whether compensation arrangements and benefits are reasonable and are the result of arm's length bargaining; b) whether acquisitions of other entities result in inurement or impermissible private benefit; and c) whether partnerships and joint venture arrangements conform to written policies, are properly recorded, reflect reasonable payments for goods and services, and do not result in inurement or impermissible private benefit. Each officer, director and member of a committee with board-delegated powers shall annually sign a statement which affirms that such person: a) has received a copy of the conflicts of interest policy; b) has read and understands the policy; c) has agreed to comply with the policy; and d) understands that the corporation is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“The organization's process for determining compensation for all top management officials included review and approval by the tobin project board of directors' compensation committee, and relied on research to benchmark compensation against comparable positions in similar organizations and based on professional and education profile to help make determinations.”

“The organization makes its governing documents, conflict of interest policy and financial statements available as a public file on the organization's site. A copy will be made and sent to anyone who requests a copy.”

“The tobin project's audit committee assumes responsibility for oversight of the audit of the financial statements and for selecting an independent auditor. This process has changed from the prior year as the audit committee was established during 2014.”