Lets Get Ready Inc.

“The form 990 is prepared by an independent public accounting firm and is provided to the director of administration for review and approval prior to filing.”

“The organization has a conflict of interest policy applicable to all board members and officers. All applicable individuals are required to sign a conflict of interest agreement annually, disclosing any possible conflict of interest and are given the opportunity to disclose all material facts to the board. After disclosure of all material facts, and after any discussions with the interested person, he/she leaves the board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining disinterested board members decide if a conflict of interest exists by a majority vote. The interested person recuses themselves from deliberations and voting on matters giving rise to such conflict. Deliberation and decisions are recorded in the minutes of the board.”

“The finance committee of the board of directors, along with the board chairperson, is responsible for determining the compensation of the chief executive officer. The finance committee meets independent of ceo to discuss ceo's performance relative to the position during these deliberations, the finance committee reviews all aspects of ceo's performance as well as the overall performance of the organization in the prior year. Once consensus is reached regarding ceo's performance, the appropriate compensation will be determined based on compensation data for similarly qualified persons in comparable positions at similarly situated organizations. The process for determining officer compensation as outlined above was last conducted in 2022 and was documented in the board minutes.”

“Let's get ready makes its governing documents, conflict of interest policy, financial statements, and form 990 available upon request. The form 990 and financial statements are available on our website, letsgetready.org. In addition, the form 990 is available on guidestar.org and similar websites.”

“The organization contracted with a professional employer organization (peo) for services, including but not limited to, payroll, timekeeping, employee benefits, hr administration and workforce regulatory compliance needs. As the employer of record for tax purposes, forms w-2 and w-3 are issued by the peo and filed under the peo's federal ein. In this co-employment arrangement, the organization is the common law employer and, accordingly, compensation is reported on form 990, part vii, section a and part ix, lines 5-10.”

“Loss on exit of rent obligation -359,554.”

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