Clarion Project Inc.

“The organization made the following amendments to its bylaws: 1. Removal of the prior maximum of 10 directors to provide for no maximum number. 2. Increase in term length for directors from 1 year to 5 years. 3. Removal of the provision for honorary officers 4. Increase in term length for officers from 1 year to 5 years.”

“Clarion has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is submitted electronically to the board members for their review and any comments will be reviewed and addressed until the return is finalized and approved for filing.”

“Any director, officer, member of a committee with board delegated powers, employee, or volunteer who has a direct or indirect financial interest, is an interested person. In connection with any actual or potential conflict of interest known to an interested person, an interested person must disclose the existence and nature of his or her financial interest and all material facts to the directors and members of committees with board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave any board or committee meeting while the financial determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. The board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest and for its own benefit and whether the transaction is fair and reasonable to the corporation and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. If the board or a committee has reasonable cause to believe that an interested person has failed to disclose actual or potential conflicts of interest, it shall inform the person of the basis for such belief and afford an opportunity to explain the alleged failure to disclose. If, after hearing the response and making such further investigation as may be warranted in the circumstances, the board or committee determines that the interested person has in fact failed to disclose an actual or potential conflict of interest, it shall take appropriate corrective action.”

“Compensation for the ceo and executive vp are determined by leadership by researching comparable data through sites such as glassdoor with similar positions and making recommendations to the board. The board approves the position to be filled and the compensation rate. The determinations and results of the compensation process are recorded in the board minutes. This process was last undertaken in 2021.”

“The organization's form 990 is available for public inspection as required under section 6104 of the internal revenue code. In addition, the financial statements, governing documents and conflict of interest policy are also available upon written request.”

“Consultants: program service expenses 305,295. Management and general expenses 6,687. Fundraising expenses 59,859. Total expenses 371,841. Payroll service fees: program service expenses 614. Management and general expenses 301. Fundraising expenses 328. Total expenses 1,243.”

“LOSS ON DISPOSAL -4,922.”