Legado Inc.

“The executive director reviewed a draft of the form 99 with the president of the board and the treasurer, and subsequently provided edits to the tax preparer. Thereafter, the form 990 was sent to the full board of directors prior to being filed with the irs.”

“The purpose of the policy is to ensure that the company's honesty and integrity are not compromised. The fundamental principle guiding this policy is that no director or employee should have, or appear to have, personal interests or relationships that actually or potentially conflict with the interests of the company. The conflict of interest policy is provided to and applies to all directors, officers and employees, and is reviewed with the board biennially.”

“Members of the board of directors review the compensation of the executive director annually in accordance with irs rules and regulations. Compensation data from industry sources for other organizations in the international development sector is secured in order to determine competitiveness and appropriateness of the executive director's salary. Additional considerations weighed by the board include benefits provided by comparable organizations, the executive director's performance, and the cost of replacing the executive director. Every effort is made to ensure that the process is thorough and transparent in accordance with irs guidelines and the organization's policies.”

“No other documents available to the public.”

“The 2018 return is being amended to properly allocate the functional expenses between program services expenses and management and general expenses. The program mission and service accomplishments were also updated to more accurately portray legado and the work they accomplish.”