Common Good DBA Good of All

“No review was or will be conducted.”

“1. Duty to disclose. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.2. Determining whether a conflict of interest exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.3. Procedures for addressing the conflict of interest. A. An interested person may make a presentation at the governing board or committee meeting, but after the presenation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under the circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.4. Violations of the conflict or interest policy. A. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict or interest, if shall take appropriate disciplinary and corrective action.”

“Documents are available upon request.”

“Documents are available upon request.”

“Accum Deprec not reported on Balance Sheet on orig return = -$29”

“1. This return is amended to remove accrued payroll expenses in prior years in the amount of $181,037 that were never paid. The Board of Directors determined in 2021 that the total accrued payroll expenses of $181,037 would never be paid by the organization. These payroll amounts were never reported on Forms W-2 or W-3 and no payroll reports were filed for these periods. The salary and vacation pay were deemed to have been donated by the officer/director to the organization and were reported on Schedule B, Part I as a payroll contribution in 2017 as amended.2. Depreciation expense in 2018 in the amount of $29 was not reported in Accumulated Depreciation on the Balance Sheet.”