After School Matters Inc.

“Certain directors have a business relationship with each other, independent of and seperate from their role as directors of the organization.”

“The irs form 990 return is reviewed by management and sent to the audit committee of the board. The audit committee convenes by meeting or conference call to review the return, ask questions, and request corrections. Upon the audit committee's recommendation, management forwards the return to the managing directors, signs and mails the return to the irs and posts the return on the organization's website.”

“Directors, officers, and key employees complete an annual disclosure statement indicating any potential conflicts of interest. Potential conflicts are reviewed, monitored and evaluated by the audit committee.”

“The board's executive team reviews the ceo's goals and current compensation package together with compensation information from other similarly situated organizations and other market data. The ceo is not involved in these conversations or votes.”

“The conflict of interest policy, by-laws, irs determination letter and audited financial statements for the most recently completed fiscal year are available upon request in writing to after school matters 66 east randolph street, chicago, il 60601. The board of directors list and the most recent completed irs form 990 are available on the website at www.afterschoolmatters.org”

“Community-based organization contracts: program service expenses 3,100,407. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,100,407. Payroll processing fees: program service expenses 114,142. Management and general expenses 5,971. Fundraising expenses 1,493. Total expenses 121,606. Background check services: program service expenses 55,655. Management and general expenses 2,306. Fundraising expenses 0. Total expenses 57,961. Visiting professionals: program service expenses 27,225. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,225. Professional development: program service expenses 22,270. Management and general expenses 3,531. Fundraising expenses 1,358. Total expenses 27,159. Training: program service expenses 6,231. Management and general expenses 5,868. Fundraising expenses 4,000. Total expenses 16,099. Consultants: program service expenses 166,132. Management and general expenses 103,024. Fundraising expenses 13,155. Total expenses 282,311.”

“See form 990, part vi, section b, line 11 explaination.”