Future 5 Inc.

“Future 5, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be efiled with the internal revenue service, it is electronically sent to the board for approval. Once the board has approved the return, it is filed with the internal revenue service.”

“Any existing or potential conflict of interest on the part of any member of the board of directors shall be reported to the executive director and the executive committee of the board and record in the minutes of the meeting at which such report is made. A conflict or potential conflict of interest will be considered to exist in the case of any relationship, interest or situation which might indicate a duality of loyalty or interest. An example is where a member of the board or a dependent family member has a mterial interest in any contract or transaction with future 5, either directly or through a corporation, partnership or other organization of which such person or family member is a director or has a financial interest. A member of the board shall not be deemed to have a conflicting interest wih respect to a contract or transaction between future 5 snd the employer of such a member - such as may arise in connection with the management of investment funds of future 5 by securities firms - where the contract or transaction is routine and not material to such employer from a financial point of view. Upon adoption of this policy by the baord, and annually thereafter, each member of the board shall file with the secretary of the board a disclosure statement regarding existing and potential conflicts of interest. A disclosure statement shall be filed by future members of the board at the time of their election and annually thereafter. Any member of the board having a conflict of interest in connection with any matter before the board shall so indicate at the time and shalkl not take part inany vote with respect to such matter. The minutes of the meeting shall reflect any such disclosure and abstention from voting. If confidential information will be presented to, or discussed by, the member of the board with the conflict, he or she will be expected to excuse himself/herself during that portion of the meeting.”

“The executive director's compensation is reviewed annually by the board chair, who consults with the executive committee on the executive director's performance. The executive committee also monitors best practices of not-for-profits of similar size and mission in the region to insure comparable levels of compensation. This process is performed annually by june 30th and board approval for the entire budget, including the executive director's compensation, is recorded in the minutes.”

“Upon request, the organization will provide the general public with a copy of its governing documents, form 990, form 1023 and financial statements. Form 990 is also available on guidestar.org and other similar websites.”