Refugee Investment Network Inc

“The federal form 990 is prepared by an outside accountant. The federal form 990 is then reviewed and approved by the ceo/president prior to filing with the internal revenue service.”

“Whenever an officer director, or key employee (collectively referred to as "covered persons") becomes aware that he or she or a family member (spouse, domestic partner, or child) has or may have an interest in a transaction that is coming before the board of directors or a committee of the board of the directors or in a transaction involving the organization, he or she must fully and promptly disclose such interest, whether it be direct or indirect. An "interest in a transaction" may take the form of (i) a personal financial interest in the transaction; (ii) a financial interest (i.e., ownership interest or managerial control) in any organization involved in the transaction (other than the organization); or (iii) a position as trustee, director, officer, committee member, employee, or major donor of any organization that is involved in the transaction or that is active in a jurisdiction where a transaction involving the organization is being considered or is ongoing. In addition, covered persons are required to disclose any relationships they or their family members may have with potential auditors, attorneys, investment advisors, and similar professionals and vendors. Upon a covered person's disclosure of an interest in a transaction, the board of directors, in consultation with counsel, if necessary, will determine whether a conflict of interest exists. If it is determined that a conflict exists or that there is an appearance of a conflict, the transaction may be approved only upon a vote of a majority of the disinterested directors; provided that if there are no disinterested directors, the board of directors may approve the transaction only by a unanimous vote of the entire board of directors after (i) review of alternative or comparable transactions, to the extent available, (ii) a determination that the transaction is fair, reasonable and in the best interests of the organization, and (iii) notification of such parties as the board of directors determines to be appropriate, including but not limited to funders and/or other stakeholders. The covered person may be present for the discussion to respond to questions and elaborate on the information presented. Upon request of the disinterested directors, the covered person will be required to excuse himself or herself from the vote on the transaction. In any event, the covered person, if a director of the organization, will abstain from voting on the transaction except insofar as this policy requires a unanimous vote.”

“In order to determine the officers' compensation, members of the board of directors review comparable data informed by market research and outside counsel as well as various salary surveys. After reviewing the necessary data, members of the board of directors make a final decision regarding the final compensation amounts for all officers. A ceo compensation analysis was done in march 2025.”

“The organization's documents, form 1023, form 990 and other policies are available upon request.”

“Consulting services: program service expenses 357,560. Management and general expenses 55,643. Fundraising expenses 335. Total expenses 413,538. Subawardee expenses: program service expenses 240,072. Management and general expenses 0. Fundraising expenses 0. Total expenses 240,072. Operations and accounting: program service expenses 100,557. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,557. Research and data collection: program service expenses 83,748. Management and general expenses 0. Fundraising expenses 0. Total expenses 83,748. Translator service: program service expenses 148. Management and general expenses 0. Fundraising expenses 0. Total expenses 148.”

“The process has not changed from prior year.”