Friendly Inn Settlement Inc.

“Organization's process to review form 990, prepared by the independent accountant s presented to the executive director and the outside accountant for review and approval and then subsequently filed.”

“Governing documents disclosure explinantion, the organization governing documents for 990 conflict of interest and financial statement are made avalaible to the public upon request. The form 990 can also be found on several pubically - accessible websites”

“All other accomplishment out of school time services for at - risk youth in cuyahoga county work with students during non - school hours to help them improve academically, behaviorally, emotionally and socially”

“Enforcement of conflicts policy each year, the board members are asked to review the organization's conflict of interest policy. Among other things, the policy makes clear that all decisions of the board, officers and employees of the organization are made soley on the basis of a desire to promote the best interest of the organization and the public good. The conflict of interest statement requests board members to identify to the best of their knowledge affiliations with organizations that may be potentially related to the financials or other substantive operations of the organization. They are also asked to identify circumstances invovling either themselves, or a member of their extended family, that may be constructed as a conflict of interest. At the staff level, the organization's personnel also ensure that there are no conflicts of interest when considering the engagement of a new vendor. I a potential conlict is identified, appropriate steps are taken to both assest the nature of the potential conflict and subsequently, to ensure that the possibility of an actual conlict is mitigated, such mitigation is managed and the letter and spirit of the conlicts policy are upheld.”

“Other changes in net assets explination unrealized loss on investments.”