Project Hope Alliance

“A draft form 990 (with all pertinent schedules) will be made available to the board of directors with ample time to review prior to filing with the internal revenue service. A meeting or conference call may be scheduled if there are any questions, concerns or suggested revisions and the preparer will make all necessary changes in a timely manner to ensure on-time filing with the irs. All questions, concerns or revisions, along with the preparers response will be documented on the form 990 when applicable.”

“The alliance monitors the compliance with the conflict of interest policy as follows: 1. Each director, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflict of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands project hope alliance is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. 2. Each voting member of the board shall annually sign a statement which declares whether such person is an independent director. 3. If at any time during the year, the information in the annual statement changes materially, the direcor shall disclose such changes and revise the annual disclosure form. 4. The executive committee shall regularly and consistently monitor and enforce compliance with this policy by reviewing annual statements and taking such other actions as are necessary for effective oversight.”

“The board of directors reviews salary survey information before voting on the executive director's salary amount and any increases on a year to year basis.”

“The following documents of the project hope alliance will be available (for inspection or copying) at the hope's main office during normal business hours at no charge: -tax exemption application (form 1023) -internal revenue service determination letter -articles of incorpoaration -by-laws -conflict of interest policy -audited financial statements the public inspection copy of the alliance's form 990, from the previous three years (at a minimum), will be available (for inspection or copying) at the alliance's main office during normal business hours at no charge. The public inspection copy of the form 990 will not include the schedule of schedule a excess contributors or the schedule b names and addresses of contributors. The alliance will make best efforts to ensure that the forms 990 held at their main office are the most updated versions of such. For example, in the instance where a form 990 has been amended, the amended version of the form 990 should be the one available for public inspection. When responding to a public inspection request for any alliance document or form 990 by anyone, the alliance shall fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request.”

“The audit committee oversight board and selection process did not change.”