Initiative for Medicines Access & Knowledge I-Mak Inc.

“The 990 is presented and discussed by the board of directors before it is filed with the irs.”

“In connection with any actual or possible conflict of interest, a board member must disclose the existence of the conflict interest and disclose all material facts. The remaining board or committee members shall decide if a conflict of interest exists. If a conflcit is found to exist, the board member takes a sabbatical, resigns or removes the conflict.”

“The board of directors work with an external compensation firm to review compensation packages of the co-executive directors and to obtain independent comparability data in determining that the compensation is just and reasonable. This process occurs whenever a top executive is hired, when their employment terms are renewed or extended or when their compensation is modified. This process is documented and approved through memorandum with the external firm and any final decisions in board minutes/resolutions.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Human resources consultant: program service expenses 0. Management and general expenses 13,288. Fundraising expenses 0. Total expenses 13,288. Administrative consultant: program service expenses 0. Management and general expenses 40,720. Fundraising expenses 0. Total expenses 40,720. Development consultant: program service expenses 0. Management and general expenses 0. Fundraising expenses 19,910. Total expenses 19,910. Strategic planning consultant: program service expenses 8,329. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,329. Technical consultant: program service expenses 75,747. Management and general expenses 0. Fundraising expenses 0. Total expenses 75,747. Legal/scientific consultant: program service expenses 45,880. Management and general expenses 0. Fundraising expenses 0. Total expenses 45,880. Professional development consultant: program service expenses 8,359. Management and general expenses 531. Fundraising expenses 964. Total expenses 9,854.”