DC Kincare Alliance

“There are no committees that have authority to act for the board of directors.”

“The form 990 was prepared by an independent cpa firm based on information provided by the organization. The return was then reviewed by the treasurer. Finally, the return was presented to the board of directors for review.”

“Board members are asked annually to confirm they have received a copy of the conflict of interest policy and to disclose conflicts of interest, if any. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“For determining compensation of the executive director, the organization's board of directors reviewed and approved the compensation. In so approving, the board of directors used data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations, and maintained contemporaneous documentation and recordkeeping in its meeting minutes of deliberations and decisions regarding the compensation arrangement.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Prior period adjustment to properly record grant revenue in fy2023. This adjustment is not reflected on part i line 20, as that number was taken from prior year 990.”