Sfm Charities Inc.

“Revision of form 990 once form 990 is completed. The finance personnel verified that amounts included in the form are in agreement with amounts included in the audited Financial Statments and accounting records. They also verified that answers provided to information questions are answered to the best of their knowledge and belief.”

“The finance personnel verified that amounts included in the form are in agreement with amounts included in the audited Financial Statments and accounting records. They also verified that answers provided to information questions are answered to the best of their knowledge and belief.”

“Form 990, Part VI, Section B, Line 12c - Conflict of interest policy- TThe organization has a conflict of interest policy which is discussed with all employees. Any activity wich coild create a conflict or the appearence of a conflict is strictly prohibited. The policy is highly enforced with members of the BOD and key employees and it is part of the Ethic code of the Organization. Annually, BOD menbers and key employees are required to disclose if hace any interest that could create a conflict with those of the Organization. The policy in reinforced with orientations and workshop given throughout the year.”

“Form 990, Part VI, Section B, Line 15 - Compensation determination compesation plans are evaluated every two years. in establishing compensation, with the benchmark or similar nonprofit organization statistics from the Puerto RIco Emplopyment and Human Resources Department and market research are use to determine reasonability. These are revised by Finance Department and Human Resources Department and the responsibilities of each position is measured Organization's structure.”

“They have it in the office with key change if some person ask for the evidence they show it.”

“This profesional services are direct services of social workers”

“Repairs $3,300 Utilities $3.916 Offices Expenses $1,463 Subscriptions $ 273 Banks Charges $3,655 Miscelaneos Expenses $15,158”