Well Incorporated

“Family relationship: Rose Winn and Tony Winn”

“After a draft version of the Form 990 has been prepared management sends communication to all directors giving them the opportunity to review and comment on the draft. After management addresses all directors comments the preparer is notified and authorized to prepare the final version of the Form 990 and is signed by an officer of the organization then filed electronically with the IRS.”

“Upon hiring an officer key employee or election of a person to the board of directors the organizations conflict of interest policy must be signed. Annually officers key employees and directors reaffirm that no conflicts of interest exist by signing an updated form. The organization does not actively investigate conflicts of interest but does act appropriately when a conflict is disclosed or identified by any member of the organization.”

“The compensation of officers and key employees is reviewed and approved by the board of directors annually. Compensation of officers and key employees of organizations of similar size and activities is used as a reference along with performance of the officers and key employees to determine compensation.”

“Governing documents policies and financial statements of the organization are available to the public upon request.”

“WellBuilt Cities”

“| Explanation:| During the year the organization identified an error in prior-year payroll expenses and payroll liability accounts caused by duplicate entries. The balances were corrected in the organizations accounting records during the current year.”

“| Explanation:| b. $486,802 of in-kind expenses was recorded. This represents the sum of $26,850 537 bicycles valued at $50 ea distributed to qualified program beneficiaries; and $429,952 255,529lbs of food valued at $1.80 per pound distributed via programs.”