Feedback Labs Inc.

“In april of 2024, the board voted on resolution 021 to amend the board bylaws. The amendent to the bylaws established term limits for board members.”

“The 990 is prepared by outside accountants and then reviewed by management. The organization distributes the draft 990 to the governing board prior to filing.”

“For purposes of this policy, a conflict of interest exists whenever the interests or concerns of any director or officer may be seen as competing with the best interests of the corporation. Conflicts tend to occur when a director or officer has a financial interest, either directly or through a business or family relationship, in a decision of the board of directors or any action by the corporation; or has a conflict of loyalties even if he or she has no personal financial interest in the decision or action to be taken, such as when a director or officer of the corporation also serves as an uncompensated director or officer of an entity to which the corporation is contemplating making a grant. All material facts concerning any situation that might be viewed as a conflict is disclosed to the board of directors by the director or officer concerned. Where doubt exists regarding whether a conflict exists or appears to exist, the matter must be resolved by the board of directors. No director or officer may be present for a vote by the board of directors on any decision or action by the corporation which would directly or indirectly benefit such director or officer. Such director or officer may, however, answer questions or respond to requests, at a meeting or otherwise, for factual information needed for the board to make an informed decision. The board of directors does not approve any transaction to which the corporation would be a party and in which a director or officer of the corporation has a material financial interest unless and until the board of directors has specifically and in good faith determined after reasonable investigation (including a review of the terms upon which other comparable organizations enter transactions or arrangements similar to the one under consideration) that the board is aware of all material facts concerning the transaction and the director or officer's interest in the transaction; the corporation is entering into the transaction for its own benefit; the transaction is fair and reasonable as to the corporation; and the corporation could not have obtained a more advantageous arrangement with reasonable effort under the circumstances. A copy of this policy must be furnished annually to all incumbent and incoming directors and officers of the corporation. Each director and officer shall annually sign a statement or affirm at a meeting of the board of directors that he or she has received a copy of this policy; has read and understands the policy; and has agreed to comply with this policy. Each year each director and officer shall file a statement with the board of directors that lists any outside employment or consulting work that could constitute a conflict; and any board membership or affiliation with other organizations that could constitute a conflict. Each director and officer must also list his or her investments in any corporation, partnership, trust, or fund in which he or she, together with members of his or her family, has directly or indirectly a greater than 35% ownership interest, regardless of whether such investments could constitute a conflict.”

“The board of directors reviewed and approved the ceo's compensation, prior to her hire in 2019, by using comparability data from similar organizations (in size and scope). The process occurred over email and in board meetings and was documented in the payroll system. Compensation is benchmarked annually and reviewed and approved by the board chair in consultation with all board members, excluding the ceo. The latest review was held in january 2025.”

“All governing documents, conflict of interest policy, and financial statements are available to the public upon request. The form 990 is made publicly available on the organization's website.”