Langton Green Inc.

“The finance committee receives a draft version of the form 990 that is reviewed and approved. After the finance committee approves the draft 990, all members of the board of directors are provided a copy of the draft version of the form 990. The final form 990 is filed with the irs after all members of the board of directors give their approval.”

“The organization requires all directors, officers, and key employees to review conflict of interest policies and sign annual disclosure statements. The executive director reviews all signed annual disclosure statements and brings any potential conflicts of interest to the attention of the board of directors for resolution.”

“The board of directors reviews compensation of top management of the organization by reviewing budgets and compensation of similar organizations which are reported on the guidestar website. The board of directors designates a compensation committee to review and approve the executive directors compensation. The compensation committee also reviews compensation of executive directors by similar organizations. The board of directors and executive director reviews the compensation for key employee positions, including the chief financial officer and deputy director, by also using the guidestar website.”

“The organization makes its form 1023 and form 990 available to public inspection upon written request. The form 990 is also publicly available on guidestar.”

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

“Consultants: program service expenses 347,678. Management and general expenses 54,439. Fundraising expenses 1,608. Total expenses 403,725. Contracted support staff: program service expenses 935,178. Management and general expenses 23,327. Fundraising expenses 0. Total expenses 958,505.”

“In 2020, an unusual potential forgivable loan was received from the small business administration due to the cares act resulting in a paycheck protection program grant. The organization has this in notes payable in the amount of $1,343,350 disclosed in the audited annual financial statements. They expect full forgiveness to occur when forgiveness is applied for.”

“The board of directors assumes responsibility for oversight of the audit and selection of an independent auditor. This process has not changed from the prior year.”