Kaboom Inc.

“The form 990 is prepared by the organization's independent auditors and is reviewed by the management team and audit committee. The form 990 is approved by the audit committee. Once approved by the audit committee the form 990 is sent to the board of directors and legal counsel for review and comment and is approved by the board of directors before filing.”

“Kaboom!, inc., which we refer to as kaboom!, maintains a conflict of interest policy, which applies to each director and officer of kaboom!, that seeks to protect the interests of kaboom! When it contemplates entering into a transaction or arrangement that might benefit the private interest of an officer or director of kaboom!. The policy is intended to supplement applicable state and federal laws governing conflict of interest applicable to non-profit and charitable organizations and to aid directors and officers of kaboom! In performing the duties imposed upon them by applicable law with respect to their management responsibilities and fiduciary obligations to kaboom!. The conflict of interest policy requires any director or officer, who has a direct or indirect financial interest (defined as a greater than 5% ownership interest in, or compensation arrangement with) or affiliate relationship with any person or entity that is involved in an actual or potential transaction with kaboom!, to disclose the existence of such financial interest or affiliate relationship to the chairperson of the board of directors and the chairperson of the governance and nominating committee. In addition to the general duty to disclose actual or potential conflicts of interest, the policy requires each director and officer to complete an annual disclosure statement that, among other things, discloses any such financial interest or affiliate relationship. Following disclosure of such financial interest or affiliate relationship, the policy provides for the matter to be referred to the board or the governance and nominating committee, which then determines whether such interest or relationship creates a conflict of interest in respect of such director or officer and, if so, such director or officer may provide information or interpretation with respect to such matter but shall otherwise refrain from participating in consideration of the matter.”

“Kaboom!, inc., which we refer to as kaboom!, maintains an executive compensation policy with the objective of providing a reasonable and competitive executive total compensation opportunity consistent with market-based compensation practices for individuals possessing the experience and skills needed to manage and improve the overall performance of the organization. The kaboom! Executive compensation program is designed to, among other things: encourage the attraction and retention of high-caliber executives; provide a competitive total compensation package, including benefits; strongly support a performance driven culture through the use of incentives for key employees; reinforce the goals of the organization by supporting teamwork and collaboration; ensure that pay is perceived to be fair and equitable; be flexible to reward individual accomplishments as well as organizational success; and balance the need to be competitive within the limits of available financial resources. The kaboom! Executive compensation program is administered by the executive committee of the board. The executive committee is responsible for establishing and maintaining a competitive compensation program for all senior executives of the organization. To evaluate and benchmark the organization's executive compensation program against the competitive market, an independent consulting firm conducts a bi-annual review intended to ensure that the compensation program falls within a reasonable range of competitive practices for comparable positions among similarly situated organizations. The findings are reviewed by the board who meets as needed to review the compensation program and make any changes, as appropriate. The executive committee reviews annually and submits for board approval its recommendations regarding the base salary adjustments and if applicable the annual incentive payments, as well as objectives and goals for the upcoming year's annual performance appraisal and incentive plan for the ceo. The ceo determines the compensation and if any incentive awards for the other executive officers. After the completion of the annual audit, the executive committee reviews, approves and reports to the board their assessment of the ceo's actual performance measured against board approved goals and objectives. Policy, pursuant to which kaboom!, subject to the full and final authority of the board to make all determinations required thereunder, shall seek reimbursement of performance-based and/or discretionary compensation paid to an executive officer of kaboom! If the board determines that the amount of any such performance-based and/or discretionary compensation actually paid or awarded to a current or former executive officer during the one-year period preceding the date on which kaboom! Is required to prepare such restatement would have been a lower amount had it been calculated based on such restated financial statements or such executive officer engaged in fraud or intentional misconduct that contributed to the need for such restatement or resulted in erroneous calculations of performance-based and/or discretionary compensation.”

“Kaboom!, inc. Includes on its website copies of its audited financial statements and its form 990 for the past five years. The conflict of interest policy is available upon request.”

“Kaboom! Inc., which we refer to as kaboom!, is the national nonprofit, that works to end playspace inequity by uniting with communities to build kid-designed playspaces that can spark joy and foster a sense of belonging for the kids who are often denied opportunities to thrive. Far too many kids lack adequate places to play due to the ongoing effects of systemic racism. These inequities have left communities of color with less access to playspaces than their white counterparts, limiting their ability to fully experience the physical, social, and emotional health benefits of play. We acknowledge this injustice, and create playspaces in partnership with communities to further long-term, sustainable progress towards community-driven goals that improve the lives of kids. Our work is prioritized around a commitment to racial equity, with community and place at the core of everything we do to end playspace inequity. We bring together diverse partners to drive resources to communities that lack access to quality playspaces, while ensuring communities guide the process of defining how we work with them, designing the physical playspace itself and determining the impact we can achieve together. When playspace equity is achieved, kids will be able to play close to where they live and learn, and those playspaces will be of high quality and built with the desires of the community in mind because they were involved from the very beginning. In order to end playspace inequity, kaboom! Addresses the disparity by: (i) uniting with communities and diverse partners to imagine and build kid-designed high-quality playspaces that have a transformative impact. (ii) ensuring communities guide the process of defining how we work with them, designing the physical playspace itself. (iii) helping to ensure equitable access to playspaces for kids and families in every community. Since the beginning of the organization, kaboom! Has teamed up with partners to build or improve 17,000+ playspaces, engage more than 1.5 million community members and bring joy to more than 11.75 million kids.”

“Kaboom!, inc., which we refer to as kaboom!, is the national nonprofit that works to end playspace inequity by uniting with communities to build kid-designed playspaces that can spark joy and foster a sense of belonging for the kids who are often denied opportunities to thrive. Our work is prioritized around a commitment to racial equity, with community and place at the core of everything we do to end playspace inequity. We bring together diverse partners to drive resources to communities that lack access to quality playspaces, while ensuring communities guide the process of defining how we work with them, designing the physical playspace itself and determining the impact we can achieve together. I. Uniting with communities to build kid-designed playspaces for more than two decades, kaboom! Has teamed up with bold and dedicated community members and kids to understand their unique needs and desires and then, together, build inspiring places to play. With the experience of working side by side with passionate, diverse, and inspiring community members, kaboom! Has learned that there's no "one size fits all" solution to creating spaces that meet the needs of kids and their families. Kaboom! Starts with a focus on understanding each neighborhood's aspirations, including the ideas and dreams of the kids themselves. With that knowledge, it creates an approach that works for the community and then, together build incredible places to play, inspired by their design, courage and leadership. Kaboom! Encourages communities to come together to build a playspace and to stay together to use and take care of it, so that the space it create becomes a valued kid and family-friendly gathering place, and the community feels increased ownership and pride in their neighborhood. In 2021, kaboom! Created 61 playspaces, which impacted an estimated 137,755 kids. Since the beginning of the organization, kaboom! Has built or improved 17,000+ playspaces, engaged more than 1.5 million community members and brought joy to over 11.75 million kids. Kaboom! Believes its community-built playgrounds result in kids feeling valued and generate a tangible, achievable win for communities. Looking toward the future, kaboom! Continues efforts to build collective action that enables kids to reach their full potential. Ii. Ensuring communities guide the process of defining how we work with them, designing the physical playspace itself kaboom! Enables communities to design, build, enjoy, and maintain great playspaces. Kaboom! Believes the process of building the playspace alongside the community results in an increased sense of community ownership of their neighborhood and increased skills, confidence, and courage to do even more for its kids. In addition to playgrounds, kaboom! Offers spaces that address the growing need for new and diverse activity options for older kids and teens. Today, many teens, especially in communities of color, are learning to respond to and navigate challenges that are forcing them to grow up too fast. These dynamics in the home and at school reveal the need for us to help provide positive outlets where teens feel like they belong and can enjoy being active with friends. Investing in teens demonstrates to them that they matter and are supported by caring adults who want to ensure their voices are heard in their own communities and they are getting opportunities to engage and enjoy being kids for a bit longer. Adventure courses are helping to provide special places to enjoy where they feel they belong, and can be active with peers and engage with their community in a meaningful way. The courses offer an obstacle course-type of recreation that allows older kids and teens to challenge themselves throughout the course and enjoy friendly competition with their peers. Play everywhere continues to encourage creative solutions to make play a way of life in everyday and unexpected places, including on sidewalks, in vacant lots, at bus stops, in open s”

“The board of directors provides oversight of the audit process and selection of the auditors.”