Liferoots Inc.

“The 990 was completed and provided to the organization. It was reviewed by the president & ceo, the director of finance and the finance committee of the board of directors. All questions raised by the above parties were addressed and the 990 was modified accordingly before filing.”

“Liferoots, inc. Has developed and implemented a code of business ethics and conduct which has been rolled out to all staff at liferoots, inc. Through a training program and tracked via a training certification form and acknowledgement from that is required to be signed by each employee upon receiving the required training and a copy of the code of business ethics and conduct. This training is provided to all new hires and is provided on an annual basis to all employees. All required acknowledgement forms and training certification forms are maintained in each employee's personnel file. The conflict of interest policy is covered in the code of business ethics and conduct manual and the corresponding training materials. In addition, conflict of interest questionnaires are given to new hires to complete as part of their new hire orientation and reviewed by the human resources personnel for review and assessment. Finally conflict of interest questionnaires are periodically distributed to all executive management staff and board of directors based on the responses provided in the conflict of interest questionnaires.”

“The board contracted an independent company to do a market analysis and provide them with a standard rate of pay for all positions in the organization. This process is updated biannually. The board does an annual performance review of the president and ceo before fixing the amount of pay and the president/ceo does an annual performance review of the key employees.”

“The 990 is available to the public through guidestar, the attorney general's office, and in the annual report which is on liferoots' inc.'s website www.liferootsnm.org. Individuals can also request a copy of the financial statements. Governing documents including the conflict of interest policy are internal documents but copies are made available upon request. Some of the governing documents will now be available to the public since they will be submitted with the attorney general's office as part of the registration packet.”

“Other contract fees: program service expenses 1,671,098. Management and general expenses 25,304. Fundraising expenses 0. Total expenses 1,696,402.”

“The finance committee and the board of directors oversees the audit of its financial statements and selection of an independent accountant.”