Partners for Potential Inc.

“Procedures - audit committee review of form 990 the audit committee shall have the responsibility for reviewing the organization's form 990 (including all pertinent schedules) before it is filed with the internal revenue service. A draft of the form 990 should be ready for review by the audit committee prior to the filing deadline. After the draft of the form 990 has been obtained by the audit committee, they will have no more than two weeks to complete their review. In conducting their review of the draft of the form 990, it is preferred that the audit committee shall conduct a top-level or big-picture type of review. However, if the audit committee desires or deems it necessary to conduct a more detailed review of the form 990, then they should contact the preparer of the form 990 to request copies of the relevant detailed tax return workpapers which they would like to see. Once the audit committee has completed its initial review of the form 990, a meeting or conference call will be scheduled with the preparer of the form 990 (regardless of whether the form 990 is externally or internally prepared) to discuss any questions, comments, and suggested revisions identified by the audit committee. The preparer of the form 990 should make any revisions to the form 990 as soon as feasibly possible to ensure that the form 990 is filed with the internal revenue service on a timely basis. All of the questions, comments, and suggested revisions set forth by the audit committee should be documented, along with any responses from the preparer of the form 990, if applicable. After the form 990 has been reviewed by the audit committee and filed with the internal revenue service, the audit committee will make a presentation at the next full board of directors meeting to update the full board regarding its review of the form 990. At this meeting with the full board of directors, it is not required for the audit committee to review all of their questions, comments, and suggested revisions; a summary of their more important points will be sufficient.”

“The organization sends out conflict of interest disclosure form on an annual basis. Case by case as action items are passed it is discussed whether or not there is a conflict.”

“The board of directors annually review compensation for all employees using industry and comparable organization data.”

“Procedures - public inspection of documents the following organizational documents of the organization will be available (for inspection or copying) at the organization's main office during normal business hours at no charge: -tax exemption application (form 1023) -internal revenue service determination letter -articles of incorporation -by-laws the public inspection copy of the organization's form 990, from the previous three years (at a minimum), will be available (for inspection or copying) at the organization's main office during normal business hours at no charge and will also be posted at www.guidestar.org. The public inspection copy of the form 990 will not include the schedule a excess contributors or the schedule b names and addresses of contributors. The organization will make best efforts to ensure that the forms 990 held at their main office are the most updated versions of such. For example, in the instance where a form 990 has been amended, the amended version of the form 990 should be the one available for public inspection. When responding to a public inspection request for any organizational document or form 990 by anyone, the organization shall fulfill such request in a timely fashion without inquiring as to the reason for the public inspection request.”

“The organization currently does not make its audited financial statements or conflict of interest policy available to the general public.”