Foodcorps Inc

“Organization's process to review form 990:prior to filing form 990 a detail review of the form 990 performed by the vp of finance and operations and the controller. The full board of directors receives a copy of the form 990 for review prior to it being filed with the irs.”

“Enforcement of conflict of interest policy (coi): foodcorps has adopted a coi policy and annual disclosure statement that is distributed, reviewed, signed and submitted by all members of the board. The policy covers board members, officers and key employees. The individual board members determine what to disclose and the board or a committee of the board review the conflicts. Board members are required to abstain from voting on related transactions.”

“15 a- compensation setting process for ceo: in setting the compensation of the ceo, foodcorps adheres to a compensation-setting process set forth in its compensation policy that includes: 1) review of the proposed compensation by the compensation committee (composed of independent directors); 2) review of published comparable data about compensation paid by similarly situated organizations of similar size; and 3) deliberation and contemporaneous documentation (in the form of meeting minutes) of this information by the compensation committee. The compensation of all other top management officials is set by adherehnce to the same policies with review by the ceo and the director of human resources. Part vi, section b, line 15b - compensation-setting process for officers and key employees: in setting the compensation of the ceo, officers and key employees, foodcorps adheres to a compensation-setting process set forth in its compensation policy that includes: 1) review of the proposed compensation by the compensation committee (composed of independent directors); 2) review of published comparability data about compensation paid by similarly situated organizations of similar size; and 3) deliberation and contemporaneous documentation (in the form of meeting minutes) of this information by the compensation committee. Other than the ceo, no foodcorps officers are compensated for their services as such; therefore, the only officer whose compensation was set in accordance with this process was the ceo. No other foodcorps employees' compensation was set according to this process, as no others met the definition of a "key employee."”

“Governing documents disclosure explanation: governing documents, conflicts of interest policy, and financial statements are made available to the public upon request.”

“The process did not change from prior year.”

“The organizations expenditures from federal awards exceeded limits which requires the organization to have a uniform guidance audit.”