1N10 Inc.

“Nina robinson and lawrence robinson - family relationship”

“The board chair receives a draft of the form 990 which is reviewed at a board meeting. Once the draft has been accepted, the audit firm is notified to finalize the form 990 for filing.”

“Every board member is required to disclose annually if they have any conflicts of interest and affirm that they understand any conflicts that may arise during the year and how to avoid or provide notice of a potential conflict. Board members with potential conflicts are asked to declare the conflict annually and are required to abstain from voting on any items that would create a conflict. The remaining board members will review the disclosure and determine if a conflict exists. When board members declare a conflict of interest, it is documented in the minutes of the meeting.”

“There is a two year salary review using comparative data to determine the compensation of the executive director. The board/governing body reviews this data and documents their deliberation and decision in the meeting minutes. This process was most recently undertaken in august, 2015 for the executive director, linda elliott. Linda elliott, executive director, reviews and sets compensation for staff, including key employees, based on the annual data available from the asu lodestar nonprofit compensation report, published annually. This process was last undertaken in 2016.”

“The organization provides the financial statements to the public upon request. Their governing documents and conflict of interest policy are not available to the public.”

“The organization has not changed either their oversight or selection process during the tax year.”

“In october 2015, one n ten was the proud recipient of a $501,072 grant from the parsons foundation for the development of our homeless youth programming, known as pond. Per gaap guidance, this $501,072 was entirely recognized as revenue in 2015, impacting results positively and helping to generate an increase in net assets of $454,983 over the period. Also, per gaap, the approximately two year grant's expenses are being recognized as incurred, and impacted 2015 by $66,660 and 2016 by $222,740, with the balance expected to impact 2017 by $211,672. Viewed over the 3 year period 2015 to 2017, the impact in net assets will be $0.”