Healthier Kids Foundation Inc.

“The CEO of Healthier Kids Foundation, who also is a voting member of the Board of Directors, reviews the IRS Form 990. The board-appointed Audit Committee, consisting of all voting members of the Board of Directors, reviews the Form 990 and provides approval prior to filing the document. The approved IRS Form 990 is presented to the Board of Directors for approval to submit it to the IRS.”

“Staff distributes a conflict of interest statement to each board member on an annual basis and once new members are appointed.”

“The Compensation committee reviews all compensation.”

“Healthier Kids Foundation posts its audited financial statements on guidestar.org. It also distributes its audited financial statements and governing documents to its Board of Directors and funders. When requested, Healthier Kids Foundation distributes conflict of interest statements to entities and/or individuals.”

“CONSULTING: Program service expenses 382,601. Management and general expenses 99,970. Fundraising expenses 21,325. Total expenses 503,896. MEMBERSHIP FEES: Program service expenses 1,103. Management and general expenses 1,085. Fundraising expenses 263. Total expenses 2,451.”

“The role of the board-appointed audit committee for healthier kids foundation is to assist the board of directors in fulfilling its oversight responsibilities with respect to (1) the audit of the organization's accounting practices, books, and records; and (2) the system of internal controls that the organization has established. In carrying out its oversight responsibilities, the audit commitee reviews and assesses the organization's accounting and financial reporting controls; reviews with staff and outside auditors accounting and reporting principles, practices, and procedures applied by the organization in preparing its financial statements; reviews the outside auditors' annual audit; addresses with staff any issues discovered during the annual audit and any recommendations made by outside auditors; recommends to the board for approval or acceptance of annual audits and financial statements; and recommends the selection, retention, or termination of outside auditors.”