Total Living Foundation

“Form 990 was reviewed by management and provided to the governing body prior to filing with the Internal Revenue Service.”

“All financial transactions and new contractual obligations are examined by the finance department. Each new transaction is reviewed for completeness and proper authorization. Any transaction that gives rise to questions is directed to the CFO and/or the CEO for further review and approval. If the CEO or CFO are the parties in question, the issue is elevated to a designated member of the board of directors. At year end, the finance department totals all transactions between related parties and creates an acknowledgement form for each member of the board of directors. The board members review and sign the form acknowledging the related transactions.”

“No compensation is paid by the filing organization. The related, supported organization sets and pays the compensation for all officers. The process is as follows. The Compensation Committee of the Board of Directors determines compensation for the CEO and other officers of the organization on a yearly basis. The annual compensation adjustment is determined after the annual evaluation is completed and after obtaining appropriate data concerning comparable compensation for the position, including use of annual compensation surveys.”

“Public documents, conflict of interest policy, and financial statements are available for inspection at our CFO's office during normal business hours. Financial statements are also available via the web. Documents are available upon request for the same period of disclosure as set forth in IRS Section 6104(d).”

“Intercompany transfer -687,786.”

“The process has not changed from the prior year.”