Basic Health International Inc

“Form 990 is sent to the organization's board of directors prior to filing.”

“The organization reviews the conflict of interest policy annually with the board members for any changes.”

“Compensation for the top officials and officers is determined by the board of directors after an annual performance review and evaluation process.”

“All documents are available for public inspection at the organization's office.”

“The 2014 audited financial statements for the organization are in progress and are forthcoming. Due to turnover of personnel, the condition of the organization's books and records precluded a timely filing of this form 990. Most bookkeeping issues have been resolved. Minor reconciliations in certain accounts have not yet been completed and are in the process of being completed. As such, the organization believes that this form 990 is substantially correct within a reasonable degree of accuracy, and will be amended upon completion of the reconciliations and the finanical statement audit.”

“Contracted services - upmc hospitals: program service expenses 164,703. Management and general expenses 0. Fundraising expenses 0. Total expenses 164,703. Other professional fees - carehpv/via/haiti: program service expenses 228,512. Management and general expenses 10,291. Fundraising expenses 0. Total expenses 238,803.”

“Contracted services includes amounts paid to upmc hospitals for services rendered by the organization's president. This individual is not an employee of the organization.”

“Included in the prior period adjustments are the following items: there was a grant from the einhorn family charitable foundation of $1,000,000 received on 01/02/2014 and booked in 2014. After the filing of the 2013 form 990, it was determined by a review of the grant award letter dated 12/23/2013 that the $1,000,000 grant should have been recorded in 2013 as the promise to give was made and the check was sent to the organization in 2013. This income was moved to 2013 and therefore net assets at 12/31/13 increased by $1,000,000. It was determined after the filing of the 2013 form 990 that there were $11,092 of expenses that had been double-booked in prior years. These expenses were deleted and therefore net assets at 12/31/13 increased by $11,092.”