First Step Staffing Inc

“Minutes are taken at each meeting of the board of directors. No committee acts on behalf of the entire board.”

“The 990 will be sent to the Finance Committee of the Board of Directors. In addition, all members of the Board of Directors will receive a copy before filing.”

“The board of directors review and sign the conflict of interest policy annually when a potential conflict arises. The matter is discussed at a board meeting and then a vote is taken without the presence of the member with the potential conflict.”

“Annual data from the Opportunity Knocks survey is used to determine compensation for the CEO and other members of the management team.”

“First Step has hard copies of its financial statements and governing documents in the office in downtown Atlanta. They are available upon request. Our 990s are available on-line at www.guidestar.org”

“During 2015, with the approval of the board of directors, First Step entered into an asset purchase agreement with Labor Guys, LLC (d/b/a LGS Staffing) ("LGS") to purchase its Atlanta operations for $7,170,000. The Atlanta operations of LGS provides comprehensive contingent workforce solutions, payroll services and disaster recovery support services throughout the eastern half of the U.S. First Step acquired LGS' equipment, accounts receivable, employees, and intangible assets, which included service contracts and customer lists .”

“Client Treatment Services: Program service expenses 1,189,723. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,189,723. Payroll Services: Program service expenses 20,058. Management and general expenses 4,049. Fundraising expenses 965. Total expenses 25,072. Acquisition Consultants: Program service expenses 40,373. Management and general expenses 42,500. Fundraising expenses 0. Total expenses 82,873. Disability Training Consultant: Program service expenses 0. Management and general expenses 3,400. Fundraising expenses 0. Total expenses 3,400. IT Consulting: Program service expenses 6,132. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,132. All Other Contract Services and Consulting: Program service expenses 6,307. Management and general expenses 2,791. Fundraising expenses 0. Total expenses 9,098.”

“The organization has not change its financial statement oversight process. The audit firm selected for year 2013, has continued to provide audit and tax services.”