In Our Backyards Inc.

“In our Backyards, Inc. 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 electronically sent to the board members of the organization for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

“THE BOARD OF DIRECTORS HAS FIDUCIARY RESPONSIBILITY FOR IOBY, SHOULD ENSURE LEGAL AND ETHICAL INTEGRITY, AND SHOULD ALWAYS WORK IN THE ORGANIZATION'S BEST INTEREST. A disclosure statement is required annually. Staff are to report potential conflicts to the executive director. Board members are to report potential conflicts to the chair. A MEMBER WITH A CONFLICT OF INTEREST IS REQUIRED TO ANNOUnCE IT AND RECUSE HIMSELF/HERSELF FROM THE RELEVANT DECISION-MAKING process. a written record is kept in the offical meeting minutes.”

“In order to establish the compensation of the Executive Director and COO, ioby used a review of Form 990s from similar organizations, as well as compensation surveys and studies. The board carried out this process in 2010 for both positions and compensation was set and approved by the board, as documented in the official minutes. Annual review of the Executive Director and COO is the responsibility of the governance committee of the board and compensation is reviewed annually at this time; the review is reported to the board. The changes are documented in the budget review and approval process.”

“The organization makes its form 990 available for public inspection as required under section 6104 of internal revenue code. It is posted on the organization's own website (HTTP://IOBY.ORG/ABOUT/TRANSPARENCY), new york state attorney general website, guidestar.org and other similar types of websites. In addition, form 1023, the conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 540 President Street, 3rd floor, brooklyn, ny 11215 or by calling the organization directly at (917) 464-4515.”

“Write-off of uncollectible pledges -11,426.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. This process did not change from the prior year.”

“The Organization amended the following sections of Form 990 since its audited financial statements was issued on February 20, 2018. -Form 990 Part III Line 4a-4c program services expenses -Form 990 Part IV Line 11f and 12a -Form 990 Part VII Section A -form 990 Part VIII Statement of Revenue -form 990 Part IX Statement of Functional Expenses -form 990 Part X Balance Sheet -form 990 Part XI Reconciliation of Net Assets. -Form 990 Part XII Financial Statements and Reporting -Schedule A Part II Line 1(e) and line 5(f) -Schedule D Part VI Land, Buildings, and equipment -Schedule D Part XI Reconciliation of Revenue per audited financial statements with revenue per return -Schedule D Part XII Reconciliation of expenses per audited financial statements with expenses per return -Schedule I Part II Grants and Other Assistance to Domestic Organizations and Domestic Governments”