Homefront Inc.

“Our form 990 is completed by our accounting firm, reviewed by management, and is distributed to the board of directors for comment. Comments are addressed prior to filing the 990 with the irs.”

“Our board of directors determines the compensation of our executive director. Salaries of senior staff members are determined by the executive director and approved by the board of directors.”

“If a director or executive officer believes that he or she may have a conflict of interest with respect to ay particular transaction, he or she shall promptly and fully disclose the potential conflict to the chief executive office ("ceo") and the chair of the governance committee and the latter shall then promptly notify all members of the governance committee. If the governance committee determines that there is in fact a conflict with respect of a director, the conflict shall be reports to the full board, and the affected director shall agree to answer and questions about the matter that other board members may have. If the particular transaction requires a vote of the board, or of one of its committees, the affected director shall not be counted for purposes of a quorum nor shall he or she vote on the matter. The minutes shall report the quorum determination and the voting. If the governance committee determines that there is in fact a conflict concerning a particular transaction with respect to an executive officer, they shall exercise their best judgment about the appropriate course to follow, which may include: approval of the transaction despite the conflict if they are reasonably certain that the best interest of homefront will be served thereby or referral of the issue to legal counsel for advice, or referral of the issue to the appropriate committee of the board of directors, or to the full board, for decision. Except that in all cases wherein the governance committee determines that there is in fact a conflict of interest concerning a particular transaction involving an officer of homefront, the full board shall be notified of the resolution of the issue and the affected officer shall agree to answer any questions about the mater that board members may have. If the governance committee determines that there is no conflict of interest with respect to a particular transaction involving a director or officer, they need not notify the board of directors, but the secretary of the board shall keep a record of the decision which shall be available to board members upon request. In any case in which the potential conflict with respect to a particular transaction involved wither the ceo or chairman of the board of directors, the affected party shall notify the chair of the governance committee, and the conflict shall then be reported to the full board, and the ceo or chairman of the board shall agree to answer any questions about the matter that other board members may have. If the particular transaction requires a vote of the board, or one of its committees, the ceo or chairman shall not be counted for purposes of a quorum nor shall he or she vote on the matter. The minutes shall report the quorum determination and the voting.”

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

“The organization, homefront, inc., has prepared an amended return due to the fact the originally filed tax return was done before their audit was complete for the years ending 08/31/19 and 08/31/20. As a result the following information has been changed. The net assets as originally reported at 08/31/19 was reported at $450,360. This was revised downwards to $347,922 primarily due to adjustments to ending materials inventory due to the audit. The net assets as originally reported at 08/31/20 was $688,894 was revised downward to $376,443 primarily due to the carryover from the 08/31/19 amendment along with current year adjustments to ending materials inventory due to the audit.”

“Change in net assets after audit was complete -102,438.”