2021-07-14T14:12:43-05:00 2021-02-28 411680240 SDK CPA 100 WASHINGTON AVE S STE 1600 MINNEAPOLIS MN 55401 990 2020-03-01 411601449 FEED MY STARVING CHILDREN INC FEED 7635042919 401 93RD AVE NW COON RAPIDS MN 55433 MARK CREA EXECUTIVE DIRECTOR 7635042919 2021-07-14 1 MARK CREA 999009999 WENDY HARDEN CPA P00956490 6123325500 2021-07-14 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK CREA 401 93RD AVE NW COON RAPIDS MN 55433 52568450 0 X WWW.FMSC.ORG X 1986 MN FEEDING GOD'S STARVING CHILDREN HUNGRY IN BODY AND SPIRIT. 16 16 369 195300 0 0 48288254 47209648 0 2720500 83931 121446 1173325 425192 49545510 50476786 26437061 23526293 0 0 14122577 9705952 0 0 2966578 7825320 5321869 48384958 38554114 1160552 11922672 21379361 36157133 4957679 8551939 16421682 27605194 X FEEDING GOD'S STARVING CHILDREN HUNGRY IN BODY AND SPIRIT. WITH GOD'S HELP FEED MY STARVING CHILDREN WILL STRIVE TO ELIMINATE STARVATION IN CHILDREN THROUGHOUT THE WORLD BY HELPING TO INSTILL COMPASSION IN PEOPLE TO HEAR AND RESPOND TO THE CRIES OF THOSE IN NEED. 0 1 32792167 23526293 PROGRAM SERVICES - SEE SCHEDULE OFEED MY STARVING CHILDREN IS A CHRISTIAN NON-PROFIT ORGANIZATION COMMITTED TO FEEDING GOD'S STARVING CHILDREN HUNGRY IN BODY AND SPIRIT. DUE TO THE CURRENT STATE OF MALNUTRITION WORLDWIDE, ONE OUT OF FOUR CHILDREN IS "STUNTED" - THEY DO NOT RECEIVE ENOUGH ESSENTIAL NUTRIENTS TO GROW HEALTHY, AND AS A RESULT, BRAIN DEVELOPMENT COMES TO A HALT. WE BELIEVE THAT ALL PROGRESS STARTS WITH NUTRITION - IT ALLOWS CHILDREN TO DEVELOP TO THEIR FULL POTENTIAL. VOLUNTEERS OF ALL AGES JOIN US AND TURN HUNGER INTO HOPE WITH THEIR OWN TWO HANDS BY HAND-PACKING SPECIAL MEAL FORMULAS SCIENTIFICALLY DESIGNED TO MEET THE NEEDS OF SEVERELY MALNOURISHED CHILDREN, REVERSE THE EFFECTS OF MALNUTRITION AND PREVENT IT IN THE FUTURE. THE MEALS ARE THEN SHIPPED TO AN EXCEPTIONAL NETWORK OF MISSIONS AND HUMANITARIAN ORGANIZATIONS LOCATED IN NEARLY 70 COUNTRIES AROUND THE WORLD, AND ARE USED BY SCHOOLS, ORPHANAGES, CLINICS AND FEEDING PROGRAMS. WE CURRENTLY OPERATE OUT OF EIGHT PERMANENT SITES: COON RAPIDS, EAGAN AND CHANHASSEN, MINNESOTA; AURORA, LIBERTYVILLE AND SCHAUMBURG, ILLINOIS; RICHARDSON, TEXAS; AND MESA, ARIZONA. WE ALSO OFFER THE OPTION TO HOST A MOBILEPACK, WHICH GIVES CHURCHES, SCHOOLS, BUSINESSES AND OTHER ORGANIZATIONS (LOCATED ANYWHERE IN THE CONTINENTAL UNITED STATES) THE CHANCE TO SPONSOR A PACKING EVENT WITH FMSC AND HELP RAISE AWARENESS IN THEIR OWN COMMUNITIES. THE GOAL OF FMSC IS TO MEET THE NEEDS OF THOSE WHO ARE STARVING NOW, SO THEY CAN MEET THEIR OWN NEEDS IN THE FUTURE. WE HAVE RECEIVED A FOUR-STAR RATING FROM CHARITY NAVIGATOR FOR FIFTEEN CONSECUTIVE YEARS, AND 99.8% OF OUR MEALS HAVE SUCCESSFULLY REACHED THEIR INTENDED RECIPIENTS. MARKETPLACE - SEE SCHEDULE OTHE ORGANIZATION ALSO SUPPORTS ECONOMIES WHERE IT DISTRIBUTES MEALS BY PURCHASING HANDMADE CRAFTS AND RESELLING THEM IN ITS MARKETPLACE, AVAILABLE AT ALL PACKING SITES, ONLINE, AND MOST MOBILE PACKING EVENTS. THE GOALS OF MARKETPLACE ARE TWO-FOLD, FIRST TO PROMOTE SELF-SUFFICIENCY IN THE COMMUNITIES FMSC SERVES, WHICH WILL IN TURN CONTRIBUTE TO THE GOAL OF COMBATING HUNGER, AND SECOND, TO EDUCATE THE ORGANIZATION'S VOLUNTEERS ABOUT THE PEOPLE THEY ARE HELPING FEED AND PROVIDE A TANGIBLE CONNECTION TO THOSE INDIVIDUALS. 32792167 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 27 0 369 1 0 0 0 0 0 1 1 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI MN X X DAN STENNES-ROGNESS 7632310157 401 93RD AVE NW COON RAPIDS MN 55433 BRAD ADAMS BOARD MEMBER 5.00 X 0 0 0 DREW BANDUSKY BOARD MEMBER 5.00 X 0 0 0 BRUCE GORTER BOARD SECRETARY 5.00 X X 0 0 0 PHIL HANSON BOARD MEMBER 5.00 X 0 0 0 KIERAN KELLIHER BOARD MEMBER AT LARGE 5.00 X 0 0 0 STEWART MCCUTCHEON BOARD MEMBER 5.00 X 0 0 0 RICK RIESGRAF BOARD MEMBER 5.00 X 0 0 0 DAVID STARK BOARD MEMBER 5.00 X 0 0 0 GARY TYGESSON BOARD VICE CHAIR 5.00 X X 0 0 0 CHARLIE WESSER BOARD MEMBER 5.00 X 0 0 0 JACKIE WYATT BOARD TREASURER 5.00 X X 0 0 0 JAVI MCGUIGGAN BOARD MEMBER 5.00 X 0 0 0 BECKY ROSS MIEKLE BOARD MEMBER 5.00 X 0 0 0 EVELYN NAKIBUUKA BOARD MEMBER 5.00 X 0 0 0 BILL JOURNEY BOARD MEMBER 5.00 X 0 0 0 DEAN NADASDY BOARD CHAIR 5.00 X X 0 0 0 MARK CREA CEO 40.00 X 271464 0 22370 ANDY CARR VP OF DEVELOPMENT & MARKETING 40.00 X 182913 0 21666 MATTHEW MURASKI VP OF INTL PROGRAMS & SUPPLY CHAIN 40.00 X 178535 0 8877 DAN STENNES-ROGNESS VP OF FINANCE/CFO 40.00 X 141544 0 17679 JEANINE PICARDI VP OF HUMAN RESOURCES 40.00 X 134751 0 20000 LAURA BERNARD VP OF MANUFACTURING 40.00 X 90395 0 11279 LISA ELLIS VP OF MANUFACTURING 40.00 X 47586 0 4683 1047188 0 106554 5 0 1 0 MCCLARY INNOVATIONS 680 WEST 200 N NORTH SALT LAKE UT 84054 FOOD PACKAGING 1953177 JESSEN MEDIA 3990 ALABAMA AVE S MINNEAPOLIS MN 55416 MKTPLACE FULFILLMENT 154116 COMM-WORKS LLC 1405 XENIUM LAND N 120 MINNEAPOLIS MN 55441 IT SUPPORT 146364 3 X 2524946 44684702 1451559 47209648 MACHINE MEAL PACKAGING 423000 2720500 2720500 2720500 121813 121813 1452570 1448666 4271 3904 -4271 -367 -367 0 2524946 58636 -58636 -58636 1061199 580091 481108 481108 MISC INCOME 900099 2720 2720 2720 50476786 3204328 0 62810 150 150 23526143 23526143 1151277 674665 273046 203566 6813529 3992828 1615950 1204751 244962 143551 58097 43314 867282 537829 192329 137124 628902 372195 148890 107817 4493 4493 37100 37100 5400 5400 389890 221364 127970 40556 81385 63141 18244 1278012 461358 30996 785658 297001 87535 42318 167148 1705567 1647812 33587 24168 102681 89516 1671 11494 48267 48267 915515 752345 98081 65089 264574 159600 61047 43927 DONOR APPRECIATION 98751 1 98750 MISCELLANEOUS 66245 42422 19885 3938 TRAINING AND STAFF DEVE 9973 9462 348 163 MEALS AND ENTERTAINMENT 8161 7115 133 913 8854 3135 254 5465 38554114 32792167 2795369 2966578 4289512 4824025 7492262 21906376 661019 208082 5697 684 3718822 4067034 342557 163379 9523374 5547234 4790862 3976140 78630 1011413 21379361 36157133 4203977 5964404 753702 2587535 4957679 8551939 X 13145856 24395763 3275826 3209431 16421682 27605194 21379361 36157133 11922672 -739160 0 X 0 1 X 1 0 X 37504730 40857747 43743442 48288254 49930148 220324321 37504730 40857747 43743442 48288254 49930148 220324321 220324321 10057 46095 65254 83551 121813 326770 220651091 5179207 0.99850 0.99900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 214200 214200 1388286 240165 1148121 4077773 2207228 1870545 2680995 2277035 403960 1162120 822806 339314 3976140 X 55569687 4453807 639094 5092901 50476786 0 50476786 44386174 5192967 639094 5832061 38554113 0 38554113 PART X, LINE 2: MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THERE WERE NO UNCERTAIN TAX POSITIONS (INCLUDING UNRELATED BUSINESS INCOME) THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES - MARKET PLACE 580,091. SPECIAL EVENT EXPENSE 58,636. LOSS ON DISPOSAL OF ASSETS 367. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF SALES - MARKETPLACE 580,091. SPECIAL EVENT EXPENSE 58,636. LOSS ON DISPOSAL OF ASSETS 367. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 PROGRAM SERVICES MEAL AID, FREIGHT, SUPPLIES, FUNDS 15393708 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICES MEAL AID, FREIGHT 3305792 MIDDLE EAST AND NORTH AFRICA 0 0 PROGRAM SERVICES MEAL AID 130178 NORTH AMERICA 0 0 PROGRAM SERVICES MEAL AID 83886 RUSSIA AND NEIGHBORING STATES 0 0 PROGRAM SERVICES MEAL AID 23835 SOUTH AMERICA 0 0 PROGRAM SERVICES MEAL AID, FREIGHT 712063 SOUTH ASIA 0 0 PROGRAM SERVICES MEAL AID 95881 SUB-SAHARAN AFRICA 0 0 PROGRAM SERVICES MEAL AID, FREIGHT, SUPPLIES, FUNDS 3780800 0 0 0 0 0 0 23526143 0 23526143 SUB-SAHARAN AFRICA AID 96471 MEALS MEAL COST SUB-SAHARAN AFRICA AID 71176 MEALS MEAL COST SUB-SAHARAN AFRICA AID 237254 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 96044 MEALS MEAL COST SOUTH AMERICA AID 95822 MEALS MEAL COST SUB-SAHARAN AFRICA AID 19849 MEALS MEAL COST SUB-SAHARAN AFRICA AID 23725 MEALS MEAL COST EAST ASIA & PACIFIC AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23725 MEALS MEAL COST SUB-SAHARAN AFRICA AID 119380 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 95341 MEALS MEAL COST EAST ASIA & PACIFIC AID 47670 MEALS MEAL COST SUB-SAHARAN AFRICA AID 47670 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 72745 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 3960775 MEALS MEAL COST EAST ASIA & PACIFIC AID 477279 MEALS MEAL COST SUB-SAHARAN AFRICA AID 214594 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 1356710 MEALS MEAL COST SOUTH AMERICA AID 23835 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 263788 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 4881906 MEALS MEAL COST SOUTH AMERICA AID 406439 MEALS MEAL COST SOUTH ASIA AID 24479 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 72745 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23725 MEALS MEAL COST SUB-SAHARAN AFRICA AID 71286 MEALS MEAL COST SUB-SAHARAN AFRICA AID 71929 MEALS MEAL COST SOUTH AMERICA AID 47451 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 10168 MEALS MEAL COST NORTH AMERICA AID 7249 MEALS MEAL COST SUB-SAHARAN AFRICA AID 23725 MEALS MEAL COST EAST ASIA & PACIFIC AID 1127694 MEALS MEAL COST SUB-SAHARAN AFRICA AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 71286 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 24479 MEALS MEAL COST EAST ASIA & PACIFIC AID 143859 MEALS MEAL COST SUB-SAHARAN AFRICA AID 67972 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 950207 MEALS MEAL COST EAST ASIA & PACIFIC AID 73720 MEALS MEAL COST SOUTH ASIA AID 22445 MEALS MEAL COST SUB-SAHARAN AFRICA AID 975385 MEALS MEAL COST NORTH AMERICA AID 5461 MEALS MEAL COST SOUTH ASIA AID 48957 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 1299536 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 24479 MEALS MEAL COST SUB-SAHARAN AFRICA AID 153641 MEALS MEAL COST RUSSIA & NEIGHBORING STATES AID 23835 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 145456 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23835 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 170770 MEALS MEAL COST SUB-SAHARAN AFRICA AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 145114 MEALS MEAL COST EAST ASIA & PACIFIC AID 48957 MEALS MEAL COST SUB-SAHARAN AFRICA AID 48204 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 266876 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 265561 MEALS MEAL COST MIDDLE EAST & NORTH AFRICA AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 358690 MEALS MEAL COST EAST ASIA & PACIFIC AID 146464 MEALS MEAL COST MIDDLE EAST & NORTH AFRICA AID 47670 MEALS MEAL COST SOUTH AMERICA AID 2711 MEALS MEAL COST SUB-SAHARAN AFRICA AID 1082895 MEALS MEAL COST EAST ASIA & PACIFIC AID 832241 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 95765 MEALS MEAL COST EAST ASIA & PACIFIC AID 23725 MEALS MEAL COST SOUTH AMERICA AID 49773 MEALS MEAL COST SUB-SAHARAN AFRICA AID 72683 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 191947 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23725 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 23725 MEALS MEAL COST EAST ASIA & PACIFIC AID 332156 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN AID 217760 MEALS MEAL COST MIDDLE EAST & NORTH AFRICA AID 23725 MEALS MEAL COST SOUTH AMERICA AID 71176 MEALS MEAL COST SUB-SAHARAN AFRICA AID 143325 MEALS MEAL COST NORTH AMERICA AID 71176 MEALS MEAL COST EAST ASIA & PACIFIC AID 13557 MEALS MEAL COST MIDDLE EAST & NORTH AFRICA AID 35058 MEALS MEAL COST SUB-SAHARAN AFRICA AID 140695 MEALS MEAL COST CENTRAL AMERICA & CARIBBEAN FREIGHT 14600 CENTRAL AMERICA & CARIBBEAN FREIGHT 36000 CENTRAL AMERICA & CARIBBEAN FREIGHT 19900 SUB-SAHARAN AFRICA FREIGHT 29219 SUB-SAHARAN AFRICA FREIGHT 14000 EAST ASIA & PACIFIC FREIGHT 10000 SOUTH AMERICA FREIGHT 13500 CENTRAL AMERICA & CARIBBEAN FUNDS 7250 CENTRAL AMERICA & CARIBBEAN FUNDS 26351 SUB-SAHARAN AFRICA FUNDS 5250 CENTRAL AMERICA & CARIBBEAN SUPPLIES 11000 0 0 0 0 0 0 PART I, LINE 2: PROCEDURES FOR IN COUNTRY FOOD AID AND OUT OF COUNTRY FOOD AID ARE THE SAME AS FOLLOWS: 1) FMSC PRE-SCREENS THE REQUESTING DISTRIBUTION PARTNER BEFORE APPROVAL IS GIVEN TO RECEIVE FMSC PRODUCT. EXTENSIVE CORRESPONDENCE OVER THE TYPE OF FEEDING PROGRAMS (SCHOOL, CHURCH, VILLAGE OUTREACH, ETC) AND METHODS OF DISTRIBUTION (SERVED COOKED, GIVEN OUT UNCOOKED, ETC), ARE COMPLETED AS A PART OF THIS PRE-SCREENING PROCESS. 2) APPROVED DISTRIBUTION PARTNERS SUBMIT A FOOD AID APPLICATION PRIOR TO RECEIVING THEIR FIRST SHIPMENT. ON AN ONGOING BASIS, THE PARTNERS INFORM FMSC OF END DESTINATIONS AND COSIGNEES FOR EACH SHIPMENT. 3) ALL DISTRIBUTION PARTNERS ARE REQUIRED TO SEND FMSC A RECEIPT OF SHIPMENT THAT THE CONTAINER ARRIVED AS SCHEDULED, AS WELL AS SUBMIT FEEDBACK TO FMSC IN THE FORM OF PICTURES, STORIES, AND/OR REPORTS ABOUT THE IMPACT OF THE FOOD ONCE THE DISTRIBUTION IS UNDERWAY. FMSC ANNUALLY ASSESSES DISTRIBUTION PARTNERS' PERFORMANCE. PART III ACCOUNTING METHOD: SPRING VIRTUAL GALA 689381 689381 3000 29485 FALL VIRTUAL GALA 1367352 1367352 26151 1 468213 468213 2524946 2524946 3000 55636 58636 -58636 X X 0 0 0 1 0 0 0 0 0 MARK CREA CEO 219064 0 52400 0 0 0 11080 0 11290 0 293834 0 0 0 ANDY CARR VP OF DEVELOPMENT & MARKETING 170123 0 12790 0 0 0 7458 0 14208 0 204579 0 0 0 MATTHEW MURASKI VP OF INTL PROGRAMS & SUPPLY CHAIN 166257 0 12278 0 0 0 6446 0 2431 0 187412 0 0 0 DAN STENNES-ROGNESS VP OF FINANCE/CFO 131580 0 9964 0 0 0 5815 0 11864 0 159223 0 0 0 JEANINE PICARDI VP OF HUMAN RESOURCES 125083 0 9668 0 0 0 5787 0 14213 0 154751 0 0 0 PART I, LINE 5 ACCRUED COMPENSATION THE ORGANIZATION ACCRUES AN ANNUAL INCENTIVE BASED ON THE ATTAINMENT OF CERTAIN ORGANIZATIONAL GOALS INCLUDING REVENUES RAISED, MEALS PRODUCED AND EXPENSE MANAGEMENT. X 140 1448666 FMV X RAFFLE 2 2406 FMV X OTHER 2 487 FMV 0 1 0 FORM 990, PART III, LINE 3 AS A RESULT OF THE WORLDWIDE PANDEMIC, THE ORGANIZATION MODIFIED ITS OPERATIONS SIGNIFICANTLY DURING FISCAL YEAR 2021. THE ORGANIZATION HAD NO VOLUNTEERS AT ITS PACKING SITES FROM MIDMARCH THROUGH JUNE 2020. BEGINNING IN JULY, THE ORGANIZATION BEGAN TO INVITE VOLUNTEERS TO PACK FOOD IN A SOCIALLY DISTANCED MANNER AND CAPPED VOLUNTEERS AT APPROXIMATELY TWENTY-FIVE PERCENT OF THE PRIOR YEAR. IN ADDITION, ALL MOBILEPACK EVENTS WERE CANCELLED FROM MIDMARCH OF 2020 THROUGH THE REMAINDER OF THE FISCAL YEAR. AS A RESULT, THE ORGANIZATION HIRED, AT AN ADDITIONAL COST, FOOD MANUFACTURERS TO PACKAGE THE INGREDIENTS FOR MANNAPACK RICE MEALS. THESE FOOD MANUFACTURERS PACKAGED 187.2 MILLION OF THE 267.5 MILLION PROVIDED IN FISCAL YEAR 2021. FORM 990, PART VI, SECTION B, LINE 11B PROCESS THE ORGANIZATION USES TO REVIEW FORM 990: A COPY OF FORM 990 IS INTERNALLY REVIEWED BY THE CEO AND THE VP OF FINANCE. IT IS THEN REVIEWED AND APPROVED BY THE AUDIT AND IT COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (TO WHOM THE BOARD HAS DELEGATED THIS AUTHORITY). THE APPROVED 990 IS SENT TO THE BOARD OF DIRECTORS TO READ AND ASK ANY QUESTIONS THEY MIGHT HAVE PRIOR TO FILING THE RETURN WITH THE IRS. AFTER ALL QUESTIONS ARE ANSWERED, THE 990 IS FINALIZED. A FINAL, SIGNED COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS UPON FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY/ENFORCEMENT: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON (AS DEFINED IN THE POLICY) MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS RELATING TO HIS OR HER FINANCIAL INTEREST TO THE DIRECTORS OR MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION: ANNUALLY, THE COMPENSATION AND BENEFITS ANALYST REVIEWS THE COMPENSATION FOR THE EXECUTIVE STAFF. USING INFORMATION GATHERED FROM EXTERNAL SOURCES, THE ANALYST DETERMINES WHAT THE MARKET STANDARD IS IN THE 50% BRACKET OF COMPARABLE POSITIONS. THIS INFORMATION IS GIVEN TO THE CEO. THE EMPLOYEE IS GIVEN A PERFORMANCE APPRAISAL, COMPLETED BY THE CEO. CURRENT LEVEL OF PAY, INDIVIDUAL PERFORMANCE AND MARKET STANDARDS ARE WEIGHED AND A MERIT RECOMMENDATION IS AWARDED BY THE CEO. THE CEO IS GIVEN A PERFORMANCE APPRAISAL BY THE BOARD CHAIR BASED ON THE INPUT FROM THE EXECUTIVE COMMITTEE OF THE BOARD AND THE FULL BOARD. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE ANALYSIS PROVIDED BY THE COMPENSATION AND BENEFITS ANALYST FOR THE CEO. NEW COMPENSATION AMOUNT FOR THE CEO IS RECOMMENDED BY THE EXECUTIVE COMMITTEE TO THE ENTIRE BOARD AND APPROVED, DISAPPROVED, OR NEW AMOUNT RECOMMENDED. FORM 990, PART VI, SECTION C, LINE 18 HOW FORM 1023 AND 990 ARE PROVIDED TO THE PUBLIC: COPIES OF ALL INFORMATION ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH GUIDESTAR AND CHARITY REVIEW COUNCIL, AS WELL AS ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 HOW GOVERNING DOCUMENTS, COI POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC: COPIES OF ALL INFORMATION ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH GUIDESTAR AND CHARITY REVIEW COUNCIL, AS WELL AS ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VIII - GROSS SALES AND COST OF GOODS SOLD 1,061,199 GROSS SALES LESS RETURNS AND ALLOWANCES 413,220 INVENTORY AT BEGINNING OF YEAR 495,778 PURCHASES ----------- 908,998 SUBTOTAL 328,907 MINUS ENDING INVENTORY ----------- 580,091 COST OF GOODS SOLD