Jaago Foundation Inc.

“The finance team compiles all necessary information for the preparation of Form 990 including relevant financial statements and supporting schedules The return is then prepared and reviewed by an independent accountant to ensure accuracy and compliance with applicable tax regulations A draft of the Form 990 is then presented to the Board of Directors for review and approval The board is given sufficient time to examine the return ask questions and request any necessary revisions or clarifications Once approved the authorized officer signs the return and submits it to the Internal Revenue Service The Internal Revenue Service reviews the submission and may request additional information if needed After the review process is complete the organization receives confirmation of acceptance along with any applicable balance due or refund”

“The organization requires all directors to annually disclose any conflicts of interest in writing including details of the conflict and its potential impact on the organization If a director has a conflict they must recuse themselves from any discussions or decisions related to the matter and may be asked to leave the room during such discussions All conflicts of interest and related recusals are documented in the meeting minutes with a clear description of the conflict the recusal and any actions taken to address it The conflict of interest policy is reviewed annually and updated as needed including a review of any conflicts identified during the year and how they were managed In addition all directors receive ongoing training on the policy to ensure they understand how to identify disclose and properly handle potential conflicts of interest”

“The Budget Committee oversees the budgeting process of the organization and ensures that the budget aligns with the organizations strategic goals and remains fiscally responsible The committee also monitors actual spending compared to the approved budget and makes recommendations for adjustments when necessary”