One Hundred Black Men Inc

“Some members have internal business relationships which does not conflict with the organization's interest.”

“The organization is a membership based organization.”

“The organization has members who may elect one or more members to the governing body. Election of officers and members of the board takes place at an annual meeting of the organization. Election is by majority vote. Upon election, officers and members of the board take possession of their offices immediately.”

“The Form 990 is reviewed by the organization's finance committee and accounting firm prior to a meeting of the entire board. At the board meeting, the finance committee and accounting firm review the Form 990 section by section, line by line, and will entertain questions from the board members and will recommend to the board members whether or not the 990 should be filed as it is. As part of the presentation, the finance committee will make recommendations regarding governance, policies, disclosures, and other matters.”

“The organization's conflict of interest policies are monitored on an ongoing basis. At each board meeting, members are requested to disclose whether they have any personal interest or conflict of interest in the matters being discussed.”

“The organization's executive search committee spells out the role and duties of key employees including the Executive Director. The executive committee searches for appropriate candidates and handles the interview process. Compensation is negotiated and agreed upon based on the duties and the role of the prospective employee, skills and experience of the person, market conditions and comparable salaries in the market for a similar position. All members of the executive search committee are independent board members.”

“The By-Laws of the organization are available to the public upon request. Financial Statements are available on the NYS Charities Department's website. The public can also access the organization's Form 990 on the NYS Attorney General's website.”

“The organization's executive search committee spells out the role and duties of key employees including the Executive Director. The executive committee searches for appropriate candidates and handles the interview process. Compensation is negotiated and agreed upon based on the duties and the role of the prospective employee, skills and experience of the person, market conditions and comparable salaries in the market for a similar position. All members of the executive search committee are independent board members.”

“Beginning net assets have been adjusted to record deferred revenue reclassified to temporarily restricted net assets and adjustment to accounts receivable. The following reconciliation details the adjustments:Reconciliation of Beginning Net Assets per Form 990 and financial Statements Beginning Net Assets per Form 990 $ 432,119 Deferred revenue reclassified to temporarily restricted net asset 182,727 Accounts receivable adjusted to final client schedule 26,670 ----------------- Beginning Net Assets per financial statements $ 641,516”

“Health and Wellness Program - 51525. 0. 51525.”

“Bank Charges 5382. 4844. 538. 0.”

“Other Operating Expenses 46918. 34719. 12199. 0.”

“Bad debts 165589. 0. 165589. 0.”