Mentorkids USA

“Executive committee: this committee shall have and may use at its discretion exercise all of the authority of the governing board, except in reference to amending the by-laws of the organization and matters of governance, and is authorized to act on behalf of the governing board for non-governance activities occurring between meetings. This committee will be headed by the governing board chairman and will consist of not more than five nor less than three members of the governing board, including the governing board chairman, the executive director and, at the discretion of the governing board chairman, the committee chairs of the finance and human resources, the marketing/public relations/events, and the resource development committees.”

“The return is prepared by the organization's public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes being incorporated into the filing. The chairman of the board will then review the form 990 with the board prior to filing.”

“Any director, principal officer or member of a committee with governing board delegated powers are covered under this policy. An interested party must disclose the existence of the financial interest and the executive committee or the board will then meet to determine if a conflict exists. The minutes of the board and all committees shall contain the names of persons who disclosed or have been found to have a conflict of interest. Also in the minutes will contain the names of all members present and votes taken in connection with the proceedings. Per the conflict of interest policy, the following is required: 1. Duty to disclose - in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the board or executive committee. 2. Recusal of self - any director may recuse himself or herself at any time from involvement in any decision or discussion in which the director believes he or she has or may have a conflict of interest, without going through the process for determining whether a conflict of interest exists. 3. Determining whether a conflict of interest exists - after disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the board or executive committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or executive committee members shall decide if a conflict of interest exists. 4. Procedures for addressing the conflict of interest a. An interested person may make a presentation at the board or executive committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the board or executive committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the board or executive committee shall determine whether mkusa can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board or executive committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in mkusa's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. 5. Violations of the conflicts of interest policy a. If the board or executive committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. B. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the board or executive committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The board of directors reviews the executive director's compensation which is determined based on meeting goals and objectives the board has developed.”

“The form 990 and financial statements are both available to the public upon request, along with governing documents and the conflict of interest policy. The 990 and financial statements are also posted on the organization's website when completed and approved by the board.”

“Mentorkids usa has had a co-employment agreement with creative business resources. All payroll is processed under creative business resources' tax id.”

“Unfulfilled pledges -39,442.”