Up2Us Inc.

“The organization uses an outside accountant for the preparation of its form 990. Once the form 990 is prepared by the outside accountant, a copy is sent to management for their initial review. After management has approved the return, a full copy of is sent to all members of the board for their review prior to it being filed with the internal revenue service.”

“Up2us has a written conflict of interest policy, which is monitored and enforced annually. All directors, officers and key employees are required to disclose any conflict of interest that may exist with the organization on an annual basis. The disclosure statement must be submitted to the secretary identifying, to the best of the individual's knowledge, any entity of which such director is an officer, director, trustee, member, owner (either as a sole proprietor or a partner), or employee and with which the corporation has a relationship, and any transaction in which the corporation is a participant and in which the director might have a conflicting interest. Whether an individual has an interest in a matter must be determined by whether that person would derive an individual economic benefit, either directly or indirectly, from the decision on the matter by the board or committee. All transactions, agreements, or any other arrangements between the corporation and a related party, and any other transactions which may involve a potential conflict of interest, must be reviewed by the board. All related parties with the financial interest must leave the room in such deliberations are conducted by the board. The remaining directors will then determine whether the contemplated transaction is fair, reasonable, and in the best interests of the corporation at the time of such determination. With respect to any board's discussion, decision, or actions involving transactions in which a director or officer has a conflict of interest, the minutes of the governing board will reflect the board's deliberations and voting process.”

“Each year, the executive committee reviews comparable salaries and reviews the performance of the founder and ceo to determine if the existing salary falls within these ranges. After a deliberation of this matter, a new proposed salary and benefit package is voted on. The minutes of the meeting of the board of directors where the discussions and deliberations took place reflect this process. The process was last undertaken in fy2019.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The form 990, along with the audited financial statements are available on the organization's website. The return is available on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and bylaws are also available upon written request at 520 eighth avenue, 2nd floor, new york, new york 10018 or by calling the organization directly at 212-563-3031.”

“The organization continues to conduct the same programs as it has in prior years, but has chosen delineate its programs in a more comprehensive manner.”

“The organization has an audit committee that assumes responsibility for the oversight of the audit of its financial statements and selection of an independent accountant. This process has not changed from the prior year.”