Families First CC2015 Inc

“The 990 draft is presented to the ceo and cfo for review. Once the organization's financial officers have reviewed the return, a copy of the 990 draft is presented to the finance committee chair and the finance committee key members for review and any questions are addressed by management. The return is then discussed and reviewed in subsequent board and finance committee meetings.”

“Each board member must complete the conflict of interest policy form and make all required disclosures on a self-report basis. The executive and governance committee monitor disclosures. Periodic completion of the policy forms will be required on a future basis.”

“See statement for part vi line 15b”

“Newly constituted compensation and benefits committee of the board is reasessing and reviewing ceo's compensation including review of comparative data. The committee eventually expand their scope to next assess and review c-suite, senior management, and so forth.”

“Governing and conflict of interest documents are available upon request. Financial statements and form 990s are posted to families first's website, and are also furnished upon request. Form 990s are also published by guidestar.”

“Families first cc2015 is a subsidiary of families first, inc. And had no employees for the year ended june 30, 2018. Total compensation for each officer of families first, inc. Are included in this return due to the fact that ff cc2015 is a related organization.”

“Transfer from related organization 876,730 in fiscal 2016, families first (the agency) established a new tax-exempt charitable organization, families first cc2015, inc., for the purpose of supporting families first including the acquistion and renovation of its new facility and related financing under the new markets tax credit program. Activity of families first cc2015 is reported separately and disclosed on schedule r as a related organization. The change in net assets of 876,730 represents funds transferred to families first cc2015 during fiscal 2018. The consolidated financial statements of families first, inc. And subsidiaries, include the accounts of the agency, and its wholly owned subsidiaries, families first endowment trust and families first cc2015, inc. Because families first cc2015 has no employees, families first provides some management and administrative services on its behalf.”