Femhealth USA Inc

“The ceo and president, chief operations officer (coo), and vice president of finance work in conjunction with the outside accounting firm engaged to prepare and review the form 990 for accuracy prior to board review and submission. The finance committee and treasurer review the form 990 and the ceo signs it. Upon resolution by the audit committee, and presentation to the board, the ceo and president, vice president of finance, and coo ensure the filing of the form 990 by the deadline each year.”

“Femhealth leadership consistently and regularly monitors compliance with the conflict of interest policy through periodic reviews, conversations across staff members, checks by the finance team, and queries from the board. If a conflict arises, it is referred to the ceo for investigation and possible corrective action. If the conflict involves the ceo, it is escalated to the board for similar review and/or action.”

“The compensation process consists of a comparison of similar positions, job responsibilities, and salaries in the marketplace. Proposed salary increases are presented to the board for approval. The ceo determines key employee wages based on organizations similar in size and practice. The ceo receives compensation as approved by the finance committee of the board. Documentation of this compensation is kept in the ceo's personnel file. This was last done in december 2019.”

“The organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“Editor fees: program service expenses 0. Management and general expenses 0. Fundraising expenses 131,000. Total expenses 131,000. Health network service: program service expenses 384,114. Management and general expenses 2,312. Fundraising expenses 0. Total expenses 386,426. Other professional fees: program service expenses 35,981. Management and general expenses 36,240. Fundraising expenses 0. Total expenses 72,221. Patient fees: program service expenses 688,900. Management and general expenses 0. Fundraising expenses 0. Total expenses 688,900. Physician fees: program service expenses 656,435. Management and general expenses 6,000. Fundraising expenses 0. Total expenses 662,435. Project consultant: program service expenses 167,882. Management and general expenses 6,582. Fundraising expenses 0. Total expenses 174,464.”

“Gain on remeasurement of operating lease 104,381.”