Kidstlc Inc.

“The process for reviewing this irs form 990 by the board of directors included: a) kidstlc's chief financial officer and chief executive officer review and approve a draft of the irs form 990. B) each director receives a copy of that approved draft irs form 990, along with a document, guidance for board review of form 990, provided by the organization's auditors, which directs them to significant reported data for their evaluation. C) directors respond with their questions and comments, which are considered and responded to prior to the final completion of the irs form 990. D) upon completion, the return is signed and submitted by the chief financial officer.”

“Kidstlc, inc. Monitors and enforces compliance with the policy that officers, board members, and key employees disclose annually interests that could give rise to conflicts in the following manner: a) kidstlc requires that disclosures must be submitted to the executive committee on an annual basis by january 1 of each year. Board members and management staff are also requested to revise such conflict of interest disclosure documents as possible conflicts develop during the interim period between disclosure dates. B) according to the policy, failure to disclose actual or potential conflicts of interest are addressed individually with the covered persons. After allegations of failure to disclose are responded to, and further investigation conducted, appropriate disciplinary and/or corrective action is taken.”

“Kidstlc, inc. Determines the compensation for the ceo and other officers and key employees of the organization as follows: a) the executive committee of the board of directors of kidstlc, inc. Is provided with comparable salary data from both national and regional resources pertaining to the chief executive officer, chief financial officer, and chief operating officer. B) the executive committee determines the compensation package for each position for the upcoming fiscal year. C) for the position of chief executive officer (ceo), the committee drafts an employment contract, which is presented to the ceo. The agreement becomes effective with the signing of the contract by the board chair and the ceo. D) for the other officers, any salary increases are awarded in accordance with kidstlc's standard merit increase procedures for all employees.”

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

“Change in investment of subsidiary 50,597.”

“No change from prior year.”