Refushe Inc.

“Executive Committee: The majority of directors may designate two or more directors to exercise the authority of the full board in the intervals between meetings of the board of directors, except for any changes in Heshima Kenya's vision and mission, and/or to approve or recommend to members a merger, dissolution, sale of all or most assets; appoint or remove directors or fill vacancies on the board or any committee; or alter Bylaws or Articles.”

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS.”

“The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The board chair is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The independent members of the board of directors determine the Executive Director's compensation. Comparability data is used and the process is documented in the minutes. Form 990, Part VI, Section B, Line 15b: The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions.”

“The governing documents, conflict of interest policy and financial statements are available upon request.”

“The organization is in the process of implementing a written documentation retention and destruction policy. This question will be answered "yes" on the 12/31/2019 tax return.”

“In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 12/31/2018. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $ 519,493 Line 29 - Net assets with donor restrictions $ 750,747 Total net assets $1,270,240”

“Loss on exchange -1,508.”

“The organization's board assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”