Human Network International

“Board Members David McAfee and Andrew McAfee are brothers.”

“There was one in-person board meeting held in 2014. Minutes of this meeting were taken. There were no other committee meetings held in 2012.”

“A draft of Form 990 was sent to the Chairman of the Board, Treasurer and Secretary prior to filing. The three Board Members were asked to review and comment. Feedback was collected and incorporated. Form 990 was then approved for submission by the same three Board Members.”

“Prior to each annual meeting, Board Members receive a copy of the conflict of interest policy and are asked to read the same. During the annual meeting, Board Members are asked whether to retain that portion of the policy regarding annual review the policy by all officers and board members. Board members also discuss whether to require officers and directors to sign.”

“A committee, made up of the Board Chairman, the Treasurer and the Secretary, reviewed a comparative analysis of not-for-profit senior management compensation. The committee discussed a range for the CEO's compensation in the event of HNI's growth. The Board Secretary presented the CEO with a written offer. Total compensation is significantly less than other non-profits, given the start-up nature of Human Network International.”

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

“HNI had the following professional services expenses in 2014: Consultant services: $110,532. Temporary Help: $4,215. Translation Services: $712. Website/Application construction developer costs: $342,555. Security: $7. IT Support: $36,351. Drivers: $40. Other contract services: $31,052. Accounting & Audit: -351”

“The difference in retained earnings in 2013 and retained earnings reported in 2014 is explained by regularization of expenses related to Financial Year 2013 recorded in 2014. This regularization was done to respect the accounting principle "independence of financial years". Details are as follows: Opening balance 2013: $29,068.29. Net income 2013: $-3,085.11. Adjustment on President and CEO's business trip: -1,096.79. Cancellation of double reversal on provision 2012: -14,000.00. Adjustment OB on amortization IT, Hard, Soft: -134.19. Adjustment on revenues related to grants given that the project was completed in 2013: 10,433.88. Cancellation of 2013 subsidy received in 2014: 14,320.45. Adjustment OB on amortization: 138.34. Opening balance 2014: $35,644.87”