Builders Network Inc.

“Board members daniel lubetzky, julianna cohen, and justin mervis have a business relationship.”

“There was no audit committee meeting in 2024.”

“The organization has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. Once a draft of the 990 has been made available, it is reviewed by management and a copy is electronically sent to all members of the board of directors prior to filing with the internal revenue service.”

“The organization has in place a conflict of interest policy that applies to any director, principal officer, and member of a committee with governing board delegated powers, who has a direct or indirect financial interest, which it annually monitors and enforces. A person has a financial interest if the person has, directly or indirectly, through business, investment, or family: a. An ownership or investment interest in any entity with which the company has a transaction or arrangement, b. A compensation arrangement with the company or with any entity or individual with which the company has a transaction or arrangement, or c. A potential ownership or investment interest in, or compensation arrangement with, any entity or individual with which the company is negotiating a transaction or arrangement. Compensation includes direct and indirect remuneration as well as gifts or favors that are not insubstantial. 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 directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. If a conflict exists, an interested person may make a presentation at the governing board or 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.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request.”

“Program consultants: program service expenses 252,495. Management and general expenses 0. Fundraising expenses 0. Total expenses 252,495. Professional services: program service expenses 19,495. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,495. Payroll service fees: program service expenses 14,910. Management and general expenses 240. Fundraising expenses 0. Total expenses 15,150. Consultants: program service expenses 1,922,429. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,922,429.”

“The organization has an audit committee that is responsible for the oversight of the audit of its financial statements and selection of an independent accountant.”