Gi Go Fund Inc.

“The organization's federal form 990 was provided to each voting member of its governing body (its board of directors) prior to filing with the internal revenue service ("irs"). As part of the tax return preparation process the organization hired a professional certified public accounting ("cpa") firm with experience and expertise in not-for-profit tax return preparation to prepare the federal form 990. The cpa firm's tax professionals worked closely with the organization's chief financial officer to obtain the information needed in order to prepare a complete and accurate tax return. The cpa firm prepared a draft federal form 990 and furnished it to the organization's chief financial officer for review. The organization's chief financial officer reviewed the draft federal form 990 and discussed questions and comments with the cpa firm. Revisions were made to the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's board of directors for final review and approval prior to filing with the irs.”

“The organization has a conflict of interest policy in place to address any and all conflicts that arise, are reported or are otherwise discovered. Officers and members of the board of directors are under a duty to disclose possible conflicts of interest. Any conflicts are referred to the disinterested members of the board for discussion and resolution.”

“The organization has adopted a compensation philosophy which it follows when it reviews and approves the compensation of the organization's senior management. The compensation of senior management personnel is reviewed by the organization's governing body to ensure fair market value compensation is paid. The governing body reviews the "total compensation" of senior management which is intended to include both compensation and employee benefits. In addition, the governing body reviews external comparable data and seeks advice from external consultants to ensure total compensation of these individuals is reasonable. Annually the compensation of senior management is reviewed and approved by the governing body and documented in written meeting minutes. Accordingly, the organization has satisfied the three part test in order to be entitled to the rebuttable presumption of reasonableness as it relates to senior management's total compensation.”

“The governing documents, conflict of interest policy and financial statements of the organization are made available to the public upon request, on a discretionary basis.”

“The organization's core form, part vii reflects certain board members/officers receiving compensation and benefits from the organization. Please note this remuneration was for services rendered as employees of the organization; not for services rendered as a voting member or officer of the organization's board of directors.”

“Certain family relationships exist among members of the organization's governing body.”

“Other changes in net assets or fund balance include: - gain on extinguishment of debt - $84,900. - reconciling to financial statement adjustment - $1,783.”

“An independent cpa firm audited the organization's financial statements for the years ended february 28, 2022 and february 28, 2021; respectively. The independent cpa firm issued an unmodified opinion with respect to the audited financial statements. The organization's governing body (board of directors) has assumed responsibility for the oversight of the audit of the financial statements and the selection of an independent auditor.”

“Description:outside contracted services total fees:158425”