One Common Unity Inc.

“All financial reporting is submitted to the board of trustees to review, respond and inquire. The form 990 is reviewed by the board treasurer and aligned committees along with the executive director prior to filing with the irs.”

“Each director, principal officer and member of a committee with board delegated powers annually signs a conflict of interest statement. The executive committee regularly and consistently monitors and enforces compliance with this policy by reviewing annual statements and taking such other actions as are necessary for effective oversight and records all proceedings in the board meeting minutes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and is given the opportunity to disclose all material facts to the board or executive committee. Any director may recuse himself or herself at any time from involvement in any decision or discussion in which the director believes he or she has or may have a conflict of interest, without going through the process for determining whether a conflict of interest exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she leaves the board or executive committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or executive committee members decide if a conflict of interest exists. An interested person may make a presentation at the board or executive committee meeting, but after the presentation, he/she leaves the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the board or executive committee, if appropriate, appoints a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the board or executive committee determines whether one common unity can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or executive committee determines by a majority vote of the disinterested directors whether the transaction or arrangement is in common unity's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it makes its decision as to whether to enter into the transaction or arrangement. If the board or executive committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it informs the member of the basis for such belief and affords the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the board or executive committee determines the member has failed to disclose an actual or possible conflict of interest, it takes appropriate disciplinary and corrective action.”

“The compensation determination process for the executive director is reviewed and approved by the board of directors and notated in our policies and procedures. Comparability data was reviewed in establishing compensation. The last compensation review process took place august 2020.”

“Ocu makes its governing documents available upon request.”

“Contractors--companies: program service expenses 61,885. Management and general expenses 69,364. Fundraising expenses 0. Total expenses 131,249. Facilitators: program service expenses 408. Management and general expenses 0. Fundraising expenses 0. Total expenses 408. Individual contractors: program service expenses 141,128. Management and general expenses 12,593. Fundraising expenses 600. Total expenses 154,321.”

“On may 1, 2020, ocu received loan proceeds in the amount of $162,930 under the paycheck protection program. The promissory note calls for monthly principal and interest payments amortized over the term of the promissory note with a deferral of payments for the first six months. Under the coronavirus aid, relief, and economic security act (cares act), the promissory note may be forgiven by the small business administration in whole or in part. Ocu intends to use the proceeds for purposes consistent with the paycheck protection program and believes that its use of the loan proceeds will meet the conditions for forgiveness of the loan. Ocu intends to apply for forgiveness after completing the 24-week period. If forgiveness is granted, ocu will record revenue from debt extinguishment during the period that forgiveness was approved.”