Porchlight Inc.

“The organization does not document committee meetings.”

“The finance committee is provided a copy of the form 990 for their review and approval prior to it being filed with the internal revenue service.”

“Each director shall disclose to the board of directors any duality of interest or possible conflict of interest whenever the duality or conflict pertains to a matter being considered by the board. Any director having duality of interest or conflict of interest on any matter shall abstain from voting on the matter but may be counted in determining the quorum for the vote on the matter. In addition, he or she shall not use his or her personal influence on the matter, but may briefly state his or her position on the matter and may answer pertinent questions from other directors since his or her knowledge may be of great assistance.”

“Wage studies are used to determine total compensation for key employees. Porchlight uses a biennial qualitemps wage study which compares employees to the wisconsin job market. The executive director's annual salary is reviewed and determined by the executive committee comprised of the board of directors.”

“Porchlight makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“The return has been amended due to the audit being completed. Changes were made to the following sections of the return: page 2 part iii lines 4a thru 4e page 3 part iv line 12b and line 29 page 9 part viii statement of revenue page 10 part ix statement of functional expenses page 11 part x balance sheet page 12 part xi reconciliation of net assets page 12 part xii financial statements and reporting schedule a part ii schedule b part i schedule d part vi schedule d part x, line 2 schedule g part ii schedule i part iii”