Grid Alternatives Affiliates &

“The exempt organization returns are prepared by an outside accounting firm. After completion of said returns, the organization is sent a draft of the exempt organization returns to be reviewed and examined internally. The organization makes copies of the returns and distributes them to the board of directors. An affidavit is then signed to authorize the outside accounting firm to process, sign and provide copies of the returns to be filed with the designated governmental agencies. Before the exempt organization returns are filed, a final exempt organization return copy is forwarded to all board members. The executive directors and their boards will review the form 990. Additionally, the audit committee, finance committee and the board of directors of grid, inc. Review the affiliate form 990's. The exempt organization returns are then filed by the organization.”

“All new board members and key employees are required to submit a conflict of interest disclosure form as part of their application process and to update this form annually.”

“An ad hoc committee is formed by the board at the end of each year to review the executive director and set their salary for the following year. The committee reviews the performance of the executive director as well as salary surveys for relevant comparable salary levels in the non-profit field. The committee makes a recommendation to the full board, and the board votes to approve salary adjustments. The salary adjustment is then presented to the executive director.”

“Governance documents are available for public inspection at the principal place of business. The conflict of interest policy and the organization's financial statements are available upon request.”

“Stipend: program service expenses 792,662. Management and general expenses 0. Fundraising expenses 2,590. Total expenses 795,252. Consulting: program service expenses 1,025,705. Management and general expenses 32,524. Fundraising expenses 9,227. Total expenses 1,067,456. Subcontractors: program service expenses 4,099,125. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,099,125.”

“Members added to the group with negative fund balances at 1/1/2020 -4,088,299.”

“The board of directors and audit committee are responsible for oversight of the annual audit and for selection of the independent accountant. The process has not changed from prior year.”

“During the current year financial audit, it was discovered that there were donations of materials and supplies in the prior year which were not recorded on the audited financial statements. This resulted in a prior period adjustment to retained earnings in the amount of -$3,522,116 on the current year audited financial statements. During 2020 three affiliates were added to the group return which had combined net negative beginning fund balances of -$4,088,299.”