Kids in Need Foundation

“The treasurer will review and approve the form 990 and direct any questions to the executive director. If necessary the executive director will contact the accounting firm that prepared the return for further explanation to questions.”

“The form updated annually. Before any votes are taken during a board meeting, members who have a conflict substain from voting.”

“Currently the executive committee approves the executive director's compensation and all key employees. The committee periodically completes comparability studies for executive director salaries to determine a reasonable compensation package.”

“The organization has all documents available in the main office. An individual can view the documents upon request. The organization publishes an annual report, which is available on their website. The organization maintains a copy of form 1023 and form 990 filed with the irs at their main office for review. The returns are also posted on guidestar.org for the general public to review. The organization started posting the form 990 on their website as of 2008.”

“The organization merged with kids in need foundation mn merger co. Effective 1/1/18. This entity has an approved tax exempt determination letter. The federal identification number of the entity is 82-1078462. After the merger the entity changed its name to kids in need foundation. The merger agreement and the tax determination letter have been attached as the termination letter.”

“Transfer of net assets to kids in need foundation mn co., effective 1/1/18. -7,792,496.”

“The entity has not made any changes to its oversight process or selection process during the tax year.”