Handicap International

“The form 990 was prepared by the outside accountants and circulated to all board members and executive staff for review prior to filing with the irs.”

“Staff are required to review and sign the conflict of interest policy upon hire and annually thereafter. Upon election to the board of directors, new members are asked to review the conflict of interest policy and disclose any potential conflicts. Annually all members of the board of directors review hi's definition of conflict from the organization's bylaws and sign a new conflict of interest statement. Whenever a staff member becomes aware of a potential conflict of interest in an area where s/he exercises any discretion in carrying out her/his duties for the corporation, s/he shall promptly disclose the potential conflict to the executive director. If the executive director has a potential conflict, s/he shall disclose it to the board or an executive committee. The person or body to whom disclosure is made (hereinafter "supervisor") shall determine whether there is a conflict that requires recusal of the interested person. When a conflict is found to exist, the interested person shall provide the supervisor with all information s/he has relevant to any decision to be made in which s/he has an interest, and the final decision shall be made by the supervisor.”

“The hi board reviews comparability data of salaries for ceos of similarly sized ngos in determining the compensation package for hi's u.s. Executive director. The last compensation review for the u.s. Executive director took place in march 2015 and the compensation process was documented. The chairman of the board reviews the u.s. Executive director's performance and compensation annually in line with the 2015 benchmarks. Since 2015, increases consist of cost-of-living adjustments. The u.s. Executive director determines other employee salaries.”

“Hi provides its governing documents, financial statements and conflict of interest policies to the public upon request.”

“On may 4, 2020, hi us received loan proceeds in the amount of $233,722 under the paycheck protection program (ppp). Under the coronavirus aid, relief, and economic security act (cares act), the promissory note must be used for certain expenditures within a 24-week period to ultimately be forgiven by the small business administration. During the year ended december 31,2020, hi us expended and tracked the ppp funds for purposes outlined in the cares act guidance and hi us received notification may 12, 2021 that they qualified for full forgiveness.accordingly, under guidance found in fasb asc 958-605, hi us has recognized the ppp funding as a conditional grant by which all conditions have been met. For the year ended december 31, 2020, hi us deemed the forgiveness by the sba to be an administrative task only, and not a barrier to recognition. Grant income in the amount of $233,722 is included in government contributions on part viii of the return.”