Malengo Inc

“Malengo, inc does not have any committees that can act on behalf of the governing body.”

“The form 990 is prepared by an outside accountant. The return is reviewed by the ceo and chair of the board prior to filing with the internal revenue service.”

“To ensure the corporation operates in a manner consistent with its tax-exempt purposes and does not engage in activities that could jeopardize its tax-exempt status, the board shall periodically conduct reviews, which shall include: (a) whether compensation arrangements and benefits are reasonable and the result of arm's length bargaining; and (b) whether partnerships, joint ventures, and arrangements with other persons conform to the corporation's written policies; are properly recorded; reflect reasonable investments or reasonable payments for goods; services or facilities; further charitable purposes; and do not result in inurement, impermissible private benefit, or in the imposition of taxes due to acts of self-dealing as described in section 4941 of the code, or due to excess benefit transactions as described in section 4958 the corporation may, but need not, use outside advisers or experts when conducting periodic reviews. However, should outside advisers or experts be used, their use shall not relieve the board of its responsibility for ensuring periodic reviews are conducted.”

“The organization does not have any employees.”

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

“Research: program service expenses 257,703. Management and general expenses 0. Fundraising expenses 64,426. Total expenses 322,129. Advisory/implementation support: program service expenses 80,009. Management and general expenses 40,004. Fundraising expenses 80,008. Total expenses 200,021. Consultant services: program service expenses 14,065. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,065.”

“Adjustment to prior interest income recognized -5,383.”