Ability360 Inc.

“Executive committee: the executive committee shall consist of the five officers: chair, vice chair, secretary, treasurer, and past chair. The executive committee shall be responsible for reviews of their president & ceo's performance annually, makes decisions for the organization in emergency situations, perform strategy planning, performs ethical oversight, performs other duties as assigned by the board.”

“The form 990 is prepared by the organization's public accounting firm based on information provided by management. Once the draft is available, it is reviewed by management and the finance committee and any changes incorporated into the filing. Once this detailed review is complete, the draft of the form 990 is presented to the board of directors for their review and comments prior to filing with the irs.”

“Employees shall not engage in any conduct that gives the appearance of a conflict of interest, including but not limited to: - performing services for money or other personal gain for any supplier or vendor to ability360; - the employee's family member performing services for money or other personal gain for any supplier or vendor to ability360; - having ownership interests (such as stock) in a supplier or vendor to ability360; or - owing money (such as a loan) to a supplier or vendor to ability360. All employees shall avoid real or perceived potential conflicts of interest. All employees shall disclose any conflicts of interest to their supervisor. Whenever an employee has a question about a conflict of interest, the employee will raise this issue immediately with his/her supervisor. Any potential conflict of interest on the part of any member of the ability360 board of directors shall be disclosed to the other members and made a matter of record annually. In addition, should a conflict of interest arise after the annual reporting period, members shall disclose that interest to the other members when it becomes a matter of board action. Any board member having a potential conflict of interest on any matter shall not vote or use his/her personal influence on the matter and he/she shall not be counted in determining the quorum for the meeting. The minutes of the meeting shall reflect that a disclosure regarding a particular issue was made as well as the abstention from voting and the quorum situation. Each board member shall sign a conflict of interest statement annually. The governance/nominating committee and its chairperson is tasked with the monitoring and enforcing of the board coi policy. An explanation of the coi policy is provided in the new board member orientation offered to all new board members and sign-off on the written policy and acknowledgement is required annually. Although no known coi's have been identified, if such existed, board members would be required to offer full disclosure of the coi and recuse themselves from any decisions pertaining to the known conflict (including voting privileges or exerting inappropriate influence).”

“A compensation study by a consultant will be performed upon the end of a 2-year term of the new ceo who was hired on 6/1/21. Compensation for the organization's ceo, executive director, or top management official is reviewed and approved by the board of directors. In 2018, the board finance committee chair pulled salary information of comparable local arizona non-profit ceos/executive directors from the irs 990's available on guidestar and presented the salary data to the finance committee and the full board. A recommendation was made to approve a market adjustment increase to the salary of the ceo to be implemented in 3 separate increases over a three-year period. Thus, the last deliberative process for evaluating the ceo's salary was april/may 2018. The compensation approval is documented in the personnel file. Compensation for other officers or key employees of the organization is reviewed and approved by the executive director. This process was last performed in july 2018.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The finance committee has responsibility for oversight of the audit of the financial statements. The finance committee consists of the executive director and 5 board members, who review quarterly financial statements, annual budget, and annual audit before information is submitted to the board. Finance committee also selects an independent accountant for the annual financial audit. The process of oversight of the financial statements, audit and selection of an independent accountant has not changed from the prior year.”