2015-11-11T15:37:44-06:00 2014-12-31 770076647 DAMITZ BROOKS NIGHTINGALE 200 EAST CARRILLO STREET SUITE 303 SANTA BARBARA CA 93101 990 2014-01-01 770485881 VITAMIN ANGEL ALLIANCE INC VITA 8055648400 111 WEST MICHELTORENA STREET NO 300 SANTA BARBARA CA 93101 HOWARD B SCHIFFER PRESIDENT 8055648400 2015-11-06 1 CATHERINE MACAULAY P00178796 8059631837 2014 2016-03-07 17:11:31Z VITAMIN ANGELS HOWARD B SCHIFFER 111 WEST MICHELTORENA STREET NO 300 SANTA BARBARA CA 93101 55553548 0 X WWW.VITAMINANGELS.ORG X 1998 CA A LEADING PARTNER FOR GLOBAL ALLEVIATION OF MICRONUTRIENT DEFICIENCY AMONG AT-RISK POPULATIONS. 10 8 32 25 0 0 48778331 55394395 0 0 -267 24251 -31255 -174 48746809 55418472 23331621 46223133 0 0 1924437 2728222 0 0 2517365 1978074 3863393 27234132 52814748 21512677 2603724 32801229 35508904 432144 561877 32369085 34947027 X OUR MISSION IS TO MOBILIZE AND DEPLOY PRIVATE SECTOR RESOURCES TO ADVANCE AVAILABILITY, ACCESS AND USE OF MICRONUTRIENTS, ESPECIALLY VITAMIN A, AMONG AT-RISK POPULATIONS IN NEED. 0 0 49012047 46223133 THE ORGANIZATION'S PROGRAM SERVICES, AIMED TO ALLEVIATE UNDER-NUTRITION USING EVIDENCE-BASED APPROACHES, CONSIST OF PROVIDING: I) ESSENTIAL MICRONUTRIENTS (VITAMIN A AND VARIOUS FORMULATIONS OF MULTIVITAMINS), II) ANTI-PARASITIC AGENTS (ALBENDAZOLE), III) INFORMATIONAL MATERIALS AND INSTRUCTION FOR HEALTH CARE PROVIDERS ON BREAST-FEEDING AND GOOD COMPLEMENTARY FEEDING PRACTICES, AND IV) TECHNICAL ASSISTANCE TO SUPPORT DEPLOYMENT OF PRODUCTS/SERVICES CONSISTENT WITH ACCEPTED BEST PRACTICES. WE PROVIDE OUR PRODUCTS/SERVICES AND TECHNICAL ASSISTANCE TO QUALIFIED FIELD PARTNERS (PRIMARILY NON-GOVERNMENTAL ORGANIZATIONS (NGOS), AND A LIMITED NUMBER OF NATIONAL HEALTH SERVICES) OPERATING IN THE UNITED STATES AND SELECTED DEVELOPING COUNTRIES DESIGNATED BY WORLD HEALTH ORGANIZATION (W.H.O.) AS EXPERIENCING I)MODERATE TO SEVERE MICRONUTRIENT DEFICIENCY, AND II) MODERATE TO SEVERE ENDEMICITY WITH INTESTINAL WORMS. FIELD PARTNERS DEPLOY MICRONUTRIENTS TO COMMUNITIES AND INDIVIDUALS AT-RISK AND ELIGIBLE FOR UNIVERAL SUPPLEMENTATION (FOR VITAMIN A AND MULTIVITAMINS) OR MASS DRUG ADMINISTRATION (FOR ALBENDAZOLE) AS DEFINED BY WHO.OUR PRIMARY FOCUS IS TO SUPPORT UNIVERSAL VITAMIN A SUPPLEMENTATION PROGRAMS FOR CHILDREN AGES 6 TO 59 MONTHS OF AGE RESIDING OUTSIDE THE UNITED STATES FOR THE PURPOSE OF REDUCING CHILDHOOD MORTALITY AND MORBIDITY. CONCURRENT WITH OUR SUPPORT OF UNIVERSAL VITAMIN A DISTRIBUTION, WE SUPPORT CO-ADMINISTRATION WITH ALBENDAZOLE AMONG ELIGLBLE CHILDREN 12 TO 59 MONTHS OF AGE FOR THE PURPOSE OF IMPROVING VITAMIN A STATUS, IMPROVING GENERAL MICRONUTRIENT UPTAKE, AND DECREASING THE BURDEN OF INTESTINAL WORMS. AN IMPORTANT, SECONDARY FOCUS OF OUR ORGANIZATION IS TO SUPPORT UNIVERSAL MULTI-MICRONUTRIENT SUPPLEMENTATION PROGRAMS FOR PREGNANT/LACTATING WOMEN TO IMPROVE BIRTH OUTCOMES. VITAMIN ANGELS PROMOTES BREAST FEEDING AND GOOD COMPLIMENTARY FEEDING PRACTICES AMONG MOTHERS AS A GENERALLY ACCEPTED APPROACH TO ENSURING GOOD NUTRITION OF INFANTS. ANOTHER INITIATIVE OF VITAMIN ANGELS IS SMALL SCALE SUPPORT OF UNIVERSAL MULTI-MICRONUTRIENT SUPPLEMENTATION PROGRAMS FOR INFANTS AND YOUNG CHILDREN 6 TO 59 MONTHS OF AGE TO ADVANCE THEIR COGNITIVE AND PHYSICAL GROWTH. 49012047 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 67 0 32 1 0 0 0 0 0 1 1 0 0 0 0 X 10 8 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 NH NJ NM NY NC OK OR PA RI SC TN UT VA WV WI ND OH WA X X X ROBERT PARKER 8055648400 111 WEST MICHELTORENA STREET NO 300 SANTA BARBARA CA 93101 HOWARD B SCHIFFER PRESIDENT 40.00 X X 213499 0 90318 ROBERT PARKER COO/CFO 40.00 X X 186166 0 27044 MICHELLE GOOLSBY CHAIR 2.00 X X 0 0 0 CLAYTON AJELLO BOARD MEMBER 20.30 X 130500 0 0 JOANNE GRAY BOARD MEMBER 2.00 X 0 0 0 DR ROBERT BLACK BOARD MEMBER 2.00 X 0 0 0 MICHELLE BROOKS BOARD MEMBER 2.00 X 0 0 0 PETER VAN STOLK BOARD MEMBER 2.00 X 0 0 0 TOM TOLWORTHY BOARD MEMBER 2.00 X 0 0 0 BRIAN WOOD BOARD MEMBER 2.00 X 0 0 0 JEFFREY MARKEL SR VICE PRESIDENT 40.00 X 140399 0 12439 SCOTT MINGER VICE PRESIDENT OF RETAIL DEVELOPMENT 40.00 X 161891 0 5420 832455 0 135221 5 0 1 0 CONE COMMUNICATIONS 855 BOYLSTON ST BOSTON MA 02116 PUBLIC RELATIONS & MARKETING 109593 1 250365 55144030 44907967 55394395 27688 27688 10000 10111 3326 -111 -3326 -3437 -3437 121465 250365 121639 -174 -174 55418472 0 0 24077 1636094 1636094 44587039 44587039 967676 329009 367718 270949 1336549 454427 507888 374234 94950 32283 36081 26586 163282 55516 62047 45719 165765 56360 62991 46414 24898 12449 12449 28325 28325 935360 602388 63037 269935 1097722 1097722 125979 62990 25196 37793 163072 81536 32614 48922 100429 50215 20086 30128 363351 78697 36418 248236 11272 11272 14565 7283 2913 4369 54529 27265 10906 16358 PROGRAM DIRECT EXPENSES 532012 532012 POSTAGE AND SHIPPING 411879 406484 5395 52814748 49012047 1285336 2517365 3228151 2403003 4068795 3131836 1085623 3192469 24357442 25661304 18086 107616 54350 19453 37515 34897 966297 5617 11482 32801229 35508904 279451 311601 152693 250276 432144 561877 X 31283462 31754558 1085623 3192469 32369085 34947027 32801229 35508904 2603724 -25782 0 X 0 1 X 1 0 X 25705556 17278255 29940239 48778331 55394395 177096776 25705556 17278255 29940239 48778331 55394395 177096776 109188212 67908564 6376 3704 596 665 27688 39029 -122727 -160919 -12994 -31255 -174 -328069 176807736 0.38410 0.43760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4058904 1795 3067 4057632 4058904 4058904 1.00000 0 0 54350 19453 34897 34897 ACCRUED LIABILITIES 210276 DEFERRED COMPENSATION 40000 250276 X 55694377 -25782 176722 150940 55543437 -124965 -124965 55418472 53116435 176722 124965 301687 52814748 0 52814748 PART V, LINE 4: THE BOARD HAS DESIGNATED UNRESTRICTED NET ASSETS AS AN OPERATING RESERVE FUND WHICH IS THE APPROXIMATE AMOUNT OF CASH OPERATING EXPENSES BUDGETED FOR A SIX MONTH PERIOD. PART X, LINE 2: THE ORGANIZATION'S IRS FORM 990 IS SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, EXCISE OR OTHER TAXES. THE FOUNDATION'S TAX RETURNS FROM THE YEAR 2011 TO THE PRESENT REMAIN SUBJECT TO EXAMINATION BY THE IRS FOR FEDERAL TAX PURPOSES, AND THE TAX YEARS FROM 2010 TO THE PRESENT REMAIN SUBJECT TO EXAMINATION BY THE STATE OF CALIFORNIA. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -121,639. DISPOSAL OF FIXED ASSETS -3,326. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 121,639. DISPOSAL OF FIXED ASSETS 3,326. 1 AFRICA 0 0 PROGRAM SERVICES NUTRITIONAL 17842006 ASIA 0 0 PROGRAM SERVICES NUTRITIONAL 15604120 LATIN AMERICA 0 0 PROGRAM SERVICES NUTRITIONAL 10912202 0 0 0 0 0 0 44358328 0 44358328 SUB-SAHARAN AFRICA - ANGOLA, NUTRITION 1976506 VITAMIN A AND/OR MULTIVITAMINS BOOK- SEE PART V SUB-SAHARAN AFRICA - ANGOLA, DEWORMING 15865500 ALBENDAZOLE BOOK- SEE PART V EAST ASIA AND THE PACIFIC - NUTRITION 3031620 VITAMIN A AND/OR MULTIVITAMINS BOOK- SEE PART V EAST ASIA AND THE PACIFIC - DEWORMING 12572500 ALBENDAZOLE BOOK- SEE PART V SOUTH AMERICA - ARGENTINA, BOLIVIA, NUTRITION 6405702 VITAMIN A AND/OR MULTIVITAMINS BOOK- SEE PART V SOUTH AMERICA - ARGENTINA, BOLIVIA, DEWORMING 4506500 ALBENDAZOLE BOOK- SEE PART V 573 0 0 0 0 0 0 FORM 990, PART I, LINE 2: GRANTMAKER'S EXPLANATION FOR GRANTS OUTSIDE US - FOREIGN-BASED GRANTEES MUST MEET VITAMIN ANGEL'S CRITERIA, INCLUDING REGISTRATION AS A NON-PROFIT ORGANIZATION IN THE COUNTRY OF OPERATIONS, AND MUST AGREE TO THE TERMS AND CONDITIONS AS ENUMERATED IN THE VITAMIN ANGELS MICRONUTRIENT GRANT APPLICATION. THE ORGANIZATION'S TERMS AND CONDITIONS INCLUDE AN AGREEMENT TO DISTRIBUTE COMMODITY GRANTS TO VITAMIN ANGELS' TARGET BENEFICIARIES IN ACCORDANCE WITH INTERNATIONAL BEST PRACTICES FOR THE DISTRIBUTION OF VITAMIN A AND ESSENTIAL MICRONUTRIENTS. FORM 990, PART I, LINE 2: METHOD OF VALUATION - THE ORGANIZATION VALUES GIFTS IN-KIND (GIK) AT FAIR VALUE. ACCOUNTING STANDARD CODIFICATION (ASC) 820 FAIR VALUE MEASUREMENTS AND DISCLOSURES ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) DEFINES FAIR VALUE AS "THE PRICE THAT WOULD BE RECEIVED TO SELL AN ASSET OR PAID TO TRANSFER A LIABILITY IN AN ORDERLY TRANSACTION BETWEEN MARKET PARTICIPANTS AT THE MEASUREMENT DATE," THE ORGANIZATION HAS IDENTIFIED FOUR CATEGORIES OF GIK PRODUCTS: ANTI-PARASITIC TABLETS, HIGH-DOSE VITAMIN A, MULTIVITAMINS, AND BRANDED PRODUCTS. IN THE CASE OF ANTI-PARASITIC TABLETS DONATED TO THE ORGANIZATION, THE PRINCIPAL MARKET FOR THIS PRODUCT IS LIMITED TO THE INTERNATIONAL COMMERCIAL MARKETPLACE WHERE NON-GOVERNMENTAL ORGANIZATIONS, GOVERNMENTS, AND LOCAL PHARMACIES TRANSACT FOR THIS PRODUCT. THE ANTI-PARASITIC TABLETS ARE AN IMPORTANT PROGRAM SERVICE AS THEY INCREASE THE EFFICACY OF VITAMIN A. NO BENEFICIARY MARKET EXISTS IN THE UNITED STATES FOR ANTI-PARASITIC TABLETS BECAUSE THE HIGH-DOSE LEVELS THAT ARE INTENDED FOR INTERNATIONAL USE ARE NOT APPROVED BY THE UNITED STATES FOOD AND DRUG ADMINISTRATION. IN ADDITION TO THE MARKET IN WHICH NON-GOVERNMENTAL ORGANIZATIONS AND GOVERNMENT MINISTRIES OF HEALTH PROCURE THE PRODUCT FOR DISTRIBUTION TO BENEFICIARIES, THERE EXISTS A ROBUST LOCAL PHARMACY MARKETPLACE. THE EXIT PRICE THE ORGANIZATION WOULD RECEIVE IN EXCHANGE FOR SELLING ANTI-PARASITIC TABLETS WOULD BE THE PRICE BETWEEN A WHOLESALER AND A LOCAL PHARMACY, OR "TRADE LEVEL." THE ORGANIZATION DEFINES ITS MARKET AS THE PRIORITY COUNTRIES FOR VITAMIN A SUPPLEMENTATION AS LISTED BY WHO AND THE UNITED NATIONS CHILDREN'S FUND (UNICEF). THE ORGANIZATION DETERMINES FAIR VALUE FOR THIS PRODUCT USING THE MEAN TRADE LEVEL DATA FOR ITS MARKET, PROVIDED BY IMS HEALTH, A COMPANY THAT PROVIDES MARKET INTELLIGENCE TO PHARMACEUTICAL AND HEALTHCARE INDUSTRIES. THE ORGANIZATION REVIEWS THE IMS HEALTH DATA AND UPDATES FAIR VALUES FOR ANTI-PARASITIC TABLETS EVERY TWO YEARS EFFECTIVE JANUARY 1. THE FAIR VALUES FOR ANTI-PARASITIC TABLETS PROCURED DURING THE YEAR ENDING DECEMBER 31, 2014 AND 2013 WERE BASED ON 2013 IMS HEALTH DATA. IN THE CASE OF HIGH-DOSE VITAMIN A DONATED TO THE ORGANIZATION, THE PRINCIPAL MARKET FOR THIS PRODUCT IS LIMITED TO THE INTERNATIONAL COMMERCIAL MARKETPLACE WHERE SIMILAR NON-GOVERNMENTAL ORGANIZATIONS AND GOVERNMENTS TRANSACT FOR THESE PRODUCTS. NO BENEFICIARY MARKET EXISTS IN THE UNITED STATES FOR HIGH-DOSE VITAMIN A BECAUSE THE DOSAGE LEVELS THAT ARE INTENDED FOR INTERNATIONAL USE ARE NOT APPROVED BY THE UNITED STATES FOOD AND DRUG ADMINISTRATION. THE ONLY IDENTIFIABLE MARKET IS THAT IN WHICH ORGANIZATIONS LIKE THE ORGANIZATION AND GOVERNMENT MINISTRIES OF HEALTH PROCURE THE PRODUCT FOR DISTRIBUTION TO BENEFICIARIES. THE ORGANIZATION USES THE MEAN PRICE PER THE INTERNATIONAL DRUG PRICE INDICATOR (IDPI) TO DETERMINE FAIR VALUE FOR HIGH-DOSE VITAMIN A. THE IDPI IS PUBLISHED BY AN INTERNATIONAL NONPROFIT ORGANIZATION BASED ON PRICES FROM 25 SOURCES INCLUDING PHARMACEUTICAL SUPPLIERS, INTERNATIONAL DEVELOPMENT ORGANIZATIONS AND GOVERNMENT AGENCIES. THE ORGANIZATION REVIEWS THE IDPI DATA AND UPDATES FAIR VALUES FOR HIGH-DOSE VITAMIN A EVERY TWO YEARS EFFECTIVE JANUARY 1. THE FAIR VALUES FOR HIGH-DOSE VITAMIN A PROCURED DURING THE YEAR ENDING DECEMBER 31, 2014 AND 2013 WERE BASED ON 2011 IDPI DATA, WHICH WAS THE MOST CURRENT DATA AVAILABLE AT JANUARY 1, 2013. IN ADDITION TO HIGH-DOSE VITAMIN A AND ANTI-PARASITIC TABLETS, THE ORGANIZATION RECEIVES MULTIVITAMIN PRODUCTS THAT ARE MANUFACTURED BY COMPANIES IN THE UNITED STATES TO A FORMULATION SPECIFIED BY THE ORGANIZATION AND ARE DISTRIBUTED DOMESTICALLY AND INTERNATIONALLY. THESE FORMULATIONS ARE BASED ON THE WHO FORMULATION FOR ESSENTIAL MULTIPLE MICRONUTRIENTS FOR CHILDREN AND FOR PREGNANT AND LACTATING WOMEN, ARE NON-BRANDED, AND NOT FOR SALE IN THE UNITED STATES. SIMILAR TO HIGH-DOSE VITAMIN A AND ANTI-PARASITIC TABLETS, THERE IS NO COMMERCIAL MARKET FOR THESE PRODUCTS IN THE UNITED STATES. IF THESE GENERIC WHO FORMULATION ESSENTIAL MICRONUTRIENTS ARE NOT LISTED IN THE IDPI OR THE "SOURCES AND PRICES OF SELECTED MEDICINES FOR CHILDREN" GUIDE PUBLISHED ANNUALLY BY UNICEF AND WHO, THEN AS A LAST RESORT, THE AVERAGE WHOLESALE PRICE OF THE MOST SIMILAR PRODUCTS FOUND IN REDBOOK IS USED AS A SUITABLE PRICING REFERENCE. REDBOOK IS PUBLISHED BY THOMSON REUTERS AND IS BASED ON UNITED STATES MANUFACTURERS' SUGGESTED WHOLESALE PRICES. THE ORGANIZATION REVIEWS THE REDBOOK DATA AND UPDATES FAIR VALUES FOR MULTIVITAMIN PRODUCTS EVERY TWO YEARS EFFECTIVE JANUARY 1. THE FAIR VALUES FOR MULTIVITAMIN PRODUCTS PROCURED DURING THE YEAR ENDING DECEMBER 31, 2014 AND 2013 WERE BASED ON 2013 REDBOOK DATA. THE ORGANIZATION OFTEN RECEIVES BRANDED PRODUCTS AS GIK. THESE DONATIONS MAINLY CONSIST OF MULTIVITAMINS FOR CHILDREN AND MULTIVITAMINS FOR PREGNANT AND LACTATING WOMEN AND CAN BE BOUGHT AND SOLD IN THE UNITED STATES COMMERCIAL MARKETPLACE. THE VALUE OF BRANDED PRODUCTS DONATED TO THE ORGANIZATION IS ESTABLISHED BY ESTIMATING THE PRICE THAT THE ORGANIZATION WOULD RECEIVE IF IT WERE TO SELL THE ASSET. VITAMIN SHOP GOLF TOURNAMENT 371830 250365 121465 121639 VITAMIN SHOP GOLF TOURNAMENT 371830 250365 121465 121639 121639 -174 1 A BETTER CHOICE 3007 E CENTRAL WICHITA KS 67214 481133128 501(C)(3) 16329 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS ALBERMARLE PREGNANCY RESOURCE CENTER AND MEDICAL CLINIC 201 E EHRINGHAUS ST ELIZABETH CITY NC 27909 561621555 501(C)(3) 6123 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS AMERICARES 88 HAMILTON AVENUE STAMFORD CT 06902 061008595 501(C)(3) 538855 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS ARK-LA-TEX CRISIS PREGNANCY CENTER 921 SHREVEPORT-BARKSDALE HWY SHREVEPORT LA 71105 582010775 501(C)(3) 16329 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS BAKERSFIELD PREGNANCY CENTER 1801 21ST ST 1 BAKERSFIELD CA 93301 770024688 501(C)(3) 8165 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS BIRCH COMMUNITY SERVICES INC 17780 NE SAN RAFAEL ST PORTLAND OR 97230 931186020 501(C)(3) 8983 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS BRANDON CRISIS PREGNANCY CENTER 122 N MOON AVE VALRICO FL 33510 593229320 501(C)(3) 6123 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS CARE NET PREGNANCY RESOURCE CENTER OF NORTHWEST HOUSTON 14530 WUNDERLICH HOUSTON TX 77069 760338152 501(C)(3) 8165 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS CARE NET PREGNANCY RESOURCE CENTER THURSTON CO 135 LILY ROAD NE OLYMPIA WA 98506 911271323 501(C)(3) 10206 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS CARING PARTNERS INTERNATIONAL 601 SHOTWELL DRIVE FRANKLIN OH 45005 371028228 501(C)(3) 35121 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS CENTRAL VALLEY CRISIS PREGNANCY 169 N CLARK ST FRESNO CA 93701 770027014 501(C)(3) 36741 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS CHOICES MEDICAL CLINIC INC 538 S BLECKLEY WICHITA KS 67218 481141020 501(C)(3) 20412 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS CHOICES PREGNANCY CENTERS OF GREATER PHOENIX 4494 W PEORIA AVE 115 GLENDALE AZ 85302 860536082 501(C)(3) 22453 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS CORPUS CHRISTI PREGNANCY RESOURCE CENTER 4730 EVERHART RD CORPUS CHRISTI TX 78411 742541210 501(C)(3) 6124 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS CRISIS PREGNANCY CENTER OF COASTAL GEORGIA INC 3548 COMMUNITY ROAD BRUNSWICK GA 31520 581967329 501(C)(3) 8165 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS DIVINE GRACE MEDICAL MISSIONARY 2 MOCKINGBIRD CIRCLE HOUSTON TX 77074 274000666 501(C)(3) 5223 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS EAU CLAIRE COOPERATIVE HEALTH CENTERS INC 8063 EDMUND HWY PELION SC 29123 570965445 501(C)(3) 7156 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS EMERGENCY FAMILY ASSISTANCE ASSOCIATION 1575 YARMOUTH AVENUE BOULDER CO 80304 840454115 501(C)(3) 12293 BOOK CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS FAMILY VALUES RESOURCE INSTITUTE 7515 SCENIC HIGHWAY BATON ROUGE LA 70807 721415039 501(C)(3) 36742 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS FOOD BANK OF NW LOUISIANA 2307 TEXAS AVE SHERVEPORT LA 71103 721328890 501(C)(3) 64840 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS GATEWAY PREGNANCY AND SEXUAL HEALTH RESOURCE CENTER 1306 HILLSBOROUGH STREET RALEIGH NC 27605 581584775 501(C)(3) 10206 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS HAWKWING INC 306 CAVAN LANE GLASTONBURY CT 06033 061600366 501(C)(3) 22214 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS HEALTH IMPERATIVES 123 CAMELOT DRIVE PLYMOUTH MA 02360 042609177 501(C)(3) 26536 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS HEAVEN'S WINDOWS 2300 BANCROFT DRIVE SPRING VALLEY CA 91977 753188781 501(C)(3) 11636 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS HOUSE OF RUTH PREGNANCY CARE CENTER 1198 E MINGUS AVE COTTONWOOD AZ 86326 860806114 501(C)(3) 8197 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS IDAHO NORTH CENTRAL DISTRICT WIC 215 10TH STREET LEWISTON ID 83501 820335058 501(C)(3) 16638 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS INTER TRIVAL COUNCIL OF ARIZONA INC 2214 NORTH CENTRAL AVE SUITE 100 PHOENIX AZ 85004 860343181 501(C)(3) 28868 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS LAKE COUNTY HEALTH DEPARTMENT AND COMMUNITY HEALTH CENTER 2400 BELVIDERE ROAD WAUKEGAN IL 60085 366006600 501(C)(3) 12236 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS LIFE NETWORK DBA COLORADO SPRINGS PREGNANCY CENTER 3700 GALLEY RD COLORADO SPRINGS CO 80909 840970592 501(C)(3) 14288 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS MISSISSIPPI DELTA YOUTH ORGANIZATION 414 MARTIN LUTHER KING DRIVE INDIANOLA MS 38751 352236969 501(C)(3) 10627 BOOK CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS MISSOULA NUTRITION RESOURCES 301 W ALDER 1ST FLOOR MISSOULA MT 59802 810543225 501(C)(3) 22214 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS MODESTO PREGNANCY CENTER 2801 COFFEE ROD A-5 MODESTO CA 95355 770239794 501(C)(3) 6124 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS MOLOKAI OHANA HEALTH CARE INC 30 OKI PLACE KAUNAKAKAI HI 96748 510437659 501(C)(3) 7025 BOOK CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS MOUNTAINEER FOOD BANK 484 ENTERPRISE DRIVE GASSAWAY WV 26624 550611100 501(C)(3) 35662 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS NORTHLAND HEALTH PARTNERS COMMUNITY 416 KUNDERT STREET TURTLE LAKE ND 58575 331029318 501(C)(3) 19159 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS NORTHWEST COMMUNITY HEALTH CENTER 320 E 2ND STREET LIBBY MT 59923 810542128 501(C)(3) 15936 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS OBRIA MEDICAL CLINICS 92 ARGONAUT SUITE 205 ALISO VIEGO CA 92656 330150193 501(C)(3) 16330 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY CARE CENTER OF SUMMIT COUNTY 195 E TALLMADGE AVE AKRON OH 44310 237176524 501(C)(3) 5839 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY CARE CENTER OF CHANDLER 590 N ALMA SCHOOL RD 20 CHANDLER AZ 85224 203820132 501(C)(3) 10206 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY CARE CENTER OF PINELLAS COUNTY 1910 EAST BAY DR LARGO FL 33771 592566366 501(C)(3) 14288 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY RESOURCE CENTERS OF GREATER PORTLAND 7931 NE HALSSEY ST 100 PORTLAND OR 97213 930854417 501(C)(3) 24494 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY RESOURCE CENTER OF SLC 644 SOUTH 900 EAST SALT LAKE CITY UT 84102 870423659 501(C)(3) 5839 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY RESOURCE INC 165 N BABCOCK ST MELBOURNE FL 32935 592542341 501(C)(3) 8165 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY SOLUTIONS INC 1680 B TAMIAMI TRL S VENICE FL 34293 651085310 501(C)(3) 6124 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY SUPPORT CENTER OF STARK COUNTY 4500 22ND ST NW CANTON OH 44708 341461765 501(C)(3) 7582 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS PREGNANCY SUPPORT CLINIC OF VALDOSTA INC 214 WEST PARK AVENUE VALDOSTA GA 31602 582013835 501(C)(3) 8165 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS REGIONAL FOOD BANK OF OKLAHOMA 3355 SOUTH PURDUE OKLAHOMA CITY OK 731370968 731100380 501(C)(3) 90744 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS SAMARITAN HOUSE COMMUNITY CENTER 1211 WEST HUDSON ROGERS AR 72756 043703020 501(C)(3) 16090 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS SECOND HARVEST FOOD BANK OF SANTA CLARA 750 CURTNER AVE SAN JOSE CA 95125 942614101 501(C)(3) 82494 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS SERVE THE PEOPLE 1206 E 17TH STREET 205 SANTA ANA CA 92701 270421556 501(C)(3) 20458 BOOK CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS SOUTHERN CALIFORNIA MEDICAL CENTER INC 12100 VALLEY BLVD STE 109 A EL MONTE CA 91732 262602821 501(C)(3) 9790 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS SPRING BRANCH COMMUNITY HEALTH 1615 HILLENDAHL SUITE 100 HOUSTON TX 77055 300198705 501(C)(3) 14288 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS TARRANT AREA FOOD BANK 2600 CULLEN STREET FORT WORTH TX 76107 751822473 501(C)(3) 63746 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS THE GORMAN FAMILY LIFE CENTER DBA A CENTER FOR WOMEN 315 N WYMORE RD WINTER PARK FL 32789 592933541 501(C)(3) 26536 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS TOOLE COUNTY HEALTH DEPARTMENT 151 N MAIN ST TOOELE UT 84074 876000317 501(C)(3) 17539 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS UCHS FRANKLIN ROAD WOMEN'S HEALTH CENTER 2410 FRANKLIN PIKE NASHVILLE TN 37204 621438461 501(C)(3) 15876 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS WEST PASCO PREGNANCY CENTER 5330 GEORGE ST NEW PORT RICHEY FL 34652 592728990 501(C)(3) 10206 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS WOMEN'S CARE CENTER 285 MAIN ST DAYTON TN 37321 581767813 501(C)(3) 6934 BOOK PRENATAL AND CHILDREN'S MULTIVITAMINS NUTRITIONAL SUPPLEMENTS WOMEN'S RESOURCE CENTER OF NATCHITOCHES 107 NORTH ST NATCHITOCHES LA 71457 581882982 501(C)(3) 12247 BOOK PRENATAL MULTIVITAMINS NUTRITIONAL SUPPLEMENTS 59 FORM 990, PART I, LINE 2: GRANTMAKER'S DESCRIPTION OF HOW GRANTS ARE USED VITAMIN ANGELS MAINTAINS INVENTORY REPORTS BY FISCAL YEAR QUARTERS THAT TRACK COMMODITY GRANTS TO DOMESTIC ENTITIES AND COPIES OF LETTERS OR EMAILS FROM GRANTEES CONFIRMING RECEIPT OF COMMODITY GRANTS. COPIES OF ORIGINAL SHIPPING DOCUMENTATION RECORDING THE AMOUNTS OF COMMODITY GRANTS TO DOMESTIC ENTITIES ARE ALSO MAINTAINED. X X X X X 0 1 0 0 0 0 0 0 0 HOWARD B SCHIFFER PRESIDENT 213499 0 0 0 0 0 40000 0 50318 0 303817 0 0 0 ROBERT PARKER COO/CFO 186166 0 0 0 0 0 0 0 27044 0 213210 0 0 0 JEFFREY MARKEL SR VICE PRESIDENT 140399 0 0 0 0 0 0 0 12439 0 152838 0 0 0 SCOTT MINGER VICE PRESIDENT OF RETAIL DEVELOPMENT 161891 0 0 0 0 0 0 0 5420 0 167311 0 0 0 PART I, LINE 4B HOWARD SCHIFFER - $40,000 DSM FORMER DIRECTOR 2177350 PURCHASEVITAMIN ANGELS PURCHASED SPECIAL ORDER HIGH-DOSE VITAMIN A MANUFACTURED TO VITAMIN ANGELS' SPECIFICATIONS FOR APPROXIMATELY $2,177,350 FROM A COMPANY AT WHICH A FORMER BOARD MEMBER WAS AN OFFICER. THE FAIR VALUE OF THIS PRODUCT WAS APPROXIMATELY $2,936,889 RESULTING IN AN IN-KIND DONATION OF APPROXIMATELY $759,539. 0 X 3 2245 FAIR MARKET VALUE X SUPPLEMENTS 21 44900069 BOOK - SEE PART II X CARTON LABELS 1 5653 FAIR MARKET VALUE 0 1 0 PART I, LINE 32B: METHOD OF DETERMINING GIFT IN KIND REVENUES - THE ORGANIZATION VALUES GIFTS IN-KIND (GIK) AT FAIR VALUE. ACCOUNTING STANDARD CODIFICATION (ASC) 820 FAIR VALUE MEASUREMENTS AND DISCLOSURES ISSUED BY THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) DEFINES FAIR VALUE AS "THE PRICE THAT WOULD BE RECEIVED TO SELL AN ASSET OR PAID TO TRANSFER A LIABILITY IN AN ORDERLY TRANSACTION BETWEEN MARKET PARTICIPANTS AT THE MEASUREMENT DATE," THE ORGANIZATION HAS IDENTIFIED FOUR CATEGORIES OF GIK PRODUCTS: ANTI-PARASITIC TABLETS, HIGH-DOSE VITAMIN A, MULTIVITAMINS, AND BRANDED PRODUCTS. IN THE CASE OF ANTI-PARASITIC TABLETS DONATED TO THE ORGANIZATION, THE PRINCIPAL MARKET FOR THIS PRODUCT IS LIMITED TO THE INTERNATIONAL COMMERCIAL MARKETPLACE WHERE NON-GOVERNMENTAL ORGANIZATIONS, GOVERNMENTS, AND LOCAL PHARMACIES TRANSACT FOR THIS PRODUCT. THE ANTI-PARASITIC TABLETS ARE AN IMPORTANT PROGRAM SERVICE AS THEY INCREASE THE EFFICACY OF VITAMIN A. NO BENEFICIARY MARKET EXISTS IN THE UNITED STATES FOR ANTI-PARASITIC TABLETS BECAUSE THE HIGH-DOSE LEVELS THAT ARE INTENDED FOR INTERNATIONAL USE ARE NOT APPROVED BY THE UNITED STATES FOOD AND DRUG ADMINISTRATION. IN ADDITION TO THE MARKET IN WHICH NON-GOVERNMENTAL ORGANIZATIONS AND GOVERNMENT MINISTRIES OF HEALTH PROCURE THE PRODUCT FOR DISTRIBUTION TO BENEFICIARIES, THERE EXISTS A ROBUST LOCAL PHARMACY MARKETPLACE. THE EXIT PRICE THE ORGANIZATION WOULD RECEIVE IN EXCHANGE FOR SELLING ANTI-PARASITIC TABLETS WOULD BE THE PRICE BETWEEN A WHOLESALER AND A LOCAL PHARMACY, OR "TRADE LEVEL." THE ORGANIZATION DEFINES ITS MARKET AS THE PRIORITY COUNTRIES FOR VITAMIN A SUPPLEMENTATION AS LISTED BY WHO AND THE UNITED NATIONS CHILDREN'S FUND (UNICEF). THE ORGANIZATION DETERMINES FAIR VALUE FOR THIS PRODUCT USING THE MEAN TRADE LEVEL DATA FOR ITS MARKET, PROVIDED BY IMS HEALTH, A COMPANY THAT PROVIDES MARKET INTELLIGENCE TO PHARMACEUTICAL AND HEALTHCARE INDUSTRIES. THE ORGANIZATION REVIEWS THE IMS HEALTH DATA AND UPDATES FAIR VALUES FOR ANTI-PARASITIC TABLETS EVERY TWO YEARS EFFECTIVE JANUARY 1. THE FAIR VALUES FOR ANTI-PARASITIC TABLETS PROCURED DURING THE YEAR ENDING DECEMBER 31, 2014 AND 2013 WERE BASED ON 2013 IMS HEALTH DATA. IN THE CASE OF HIGH-DOSE VITAMIN A DONATED TO THE ORGANIZATION, THE PRINCIPAL MARKET FOR THIS PRODUCT IS LIMITED TO THE INTERNATIONAL COMMERCIAL MARKETPLACE WHERE SIMILAR NON-GOVERNMENTAL ORGANIZATIONS AND GOVERNMENTS TRANSACT FOR THESE PRODUCTS. NO BENEFICIARY MARKET EXISTS IN THE UNITED STATES FOR HIGH-DOSE VITAMIN A BECAUSE THE DOSAGE LEVELS THAT ARE INTENDED FOR INTERNATIONAL USE ARE NOT APPROVED BY THE UNITED STATES FOOD AND DRUG ADMINISTRATION. THE ONLY IDENTIFIABLE MARKET IS THAT IN WHICH ORGANIZATIONS LIKE THE ORGANIZATION AND GOVERNMENT MINISTRIES OF HEALTH PROCURE THE PRODUCT FOR DISTRIBUTION TO BENEFICIARIES. THE ORGANIZATION USES THE MEAN PRICE PER THE INTERNATIONAL DRUG PRICE INDICATOR (IDPI) TO DETERMINE FAIR VALUE FOR HIGH-DOSE VITAMIN A. THE IDPI IS PUBLISHED BY AN INTERNATIONAL NONPROFIT ORGANIZATION BASED ON PRICES FROM 25 SOURCES INCLUDING PHARMACEUTICAL SUPPLIERS, INTERNATIONAL DEVELOPMENT ORGANIZATIONS AND GOVERNMENT AGENCIES. THE ORGANIZATION REVIEWS THE IDPI DATA AND UPDATES FAIR VALUES FOR HIGH-DOSE VITAMIN A EVERY TWO YEARS EFFECTIVE JANUARY 1. THE FAIR VALUES FOR HIGH-DOSE VITAMIN A PROCURED DURING THE YEAR ENDING DECEMBER 31, 2014 AND 2013 WERE BASED ON 2011 IDPI DATA, WHICH WAS THE MOST CURRENT DATA AVAILABLE AT JANUARY 1, 2013. IN ADDITION TO HIGH-DOSE VITAMIN A AND ANTI-PARASITIC TABLETS, THE ORGANIZATION RECEIVES MULTIVITAMIN PRODUCTS THAT ARE MANUFACTURED BY COMPANIES IN THE UNITED STATES TO A FORMULATION SPECIFIED BY THE ORGANIZATION AND ARE DISTRIBUTED DOMESTICALLY AND INTERNATIONALLY. THESE FORMULATIONS ARE BASED ON THE WHO FORMULATION FOR ESSENTIAL MULTIPLE MICRONUTRIENTS FOR CHILDREN AND FOR PREGNANT AND LACTATING WOMEN, ARE NON-BRANDED, AND NOT FOR SALE IN THE UNITED STATES. SIMILAR TO HIGH-DOSE VITAMIN A AND ANTI-PARASITIC TABLETS, THERE IS NO COMMERCIAL MARKET FOR THESE PRODUCTS IN THE UNITED STATES. IF THESE GENERIC WHO FORMULATION ESSENTIAL MICRONUTRIENTS ARE NOT LISTED IN THE IDPI OR THE "SOURCES AND PRICES OF SELECTED MEDICINES FOR CHILDREN" GUIDE PUBLISHED ANNUALLY BY UNICEF AND WHO, THEN AS A LAST RESORT, THE AVERAGE WHOLESALE PRICE OF THE MOST SIMILAR PRODUCTS FOUND IN REDBOOK IS USED AS A SUITABLE PRICING REFERENCE. REDBOOK IS PUBLISHED BY THOMSON REUTERS AND IS BASED ON UNITED STATES MANUFACTURERS' SUGGESTED WHOLESALE PRICES. THE ORGANIZATION REVIEWS THE REDBOOK DATA AND UPDATES FAIR VALUES FOR MULTIVITAMIN PRODUCTS EVERY TWO YEARS EFFECTIVE JANUARY 1. THE FAIR VALUES FOR MULTIVITAMIN PRODUCTS PROCURED DURING THE YEAR ENDING DECEMBER 31, 2014 AND 2013 WERE BASED ON 2013 REDBOOK DATA. THE ORGANIZATION OFTEN RECEIVES BRANDED PRODUCTS AS GIK. THESE DONATIONS MAINLY CONSIST OF MULTIVITAMINS FOR CHILDREN AND MULTIVITAMINS FOR PREGNANT AND LACTATING WOMEN AND CAN BE BOUGHT AND SOLD IN THE UNITED STATES COMMERCIAL MARKETPLACE. THE VALUE OF BRANDED PRODUCTS DONATED TO THE ORGANIZATION IS ESTABLISHED BY ESTIMATING THE PRICE THAT THE ORGANIZATION WOULD RECEIVE IF IT WERE TO SELL THE ASSET. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD OF DIRECTORS, IN CONJUNCTION WITH THE AUDIT, WILL AUTHORIZE PREPARATION OF FORM 990. FORM 990 WILL BE PREPARED, WITH THE ASSISTANCE OF THE OUTSIDE ACCOUNTING FIRM, BY THE CHIEF FINANCIAL OFFICER; CIRCULATED AND REVIEWED BY ALL THE BOARD OF DIRECTOR MEMBERS BEFORE FILING; AND THEN, BE REVIEWED AND SIGNED BY THE PRESIDENT, WHO IS A MEMBER OF THE BOARD AND AN OFFICER OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C A PERSONAL OR FINANCIAL INTEREST OR INVOLVEMENT IN ANY CUSTOMER, CLIENT, COMPETITOR, OR SUPPLIER OF THE ORGANIZATION, INCLUDING OUTSIDE EMPLOYMENT OR CONSULTING, IS CONSIDERED A POTENTIAL CONFLICT OF INTEREST. FURTHERMORE, EMPLOYEES MAY NOT GIVE OR ACCEPT GIFTS, LOANS, OR FAVORS FROM PERSONS HAVING BUSINESS RELATIONSHIPS WITH THE ORGANIZATION. THE RECEIPT OR GIVING OF SMALL GIFTS OR CASUAL ENTERTAINING FOR BUSINESS PURPOSES, HOWEVER, IS NOT PROHIBITED. IF AN EMPLOYEE OR ANY OF HIS OR HER CLOSE RELATIVES (SPOUSE, DOMESTIC PARTNER, CHILD, SISTER, BROTHER, PARENT, GRANDPARENT, OR IN-LAWS) HAS, OR IS CONSIDERING HAVING, A PERSONAL OR FINANCIAL INTEREST IN A CUSTOMER, CLIENT, COMPETITOR, OR SUPPLIER OF THE ORGANIZATION, OR REAL ESTATE ADJACENT TO ONE OF THE ORGANIZATION'S LOCATIONS, THE EMPLOYEE MUST DISCLOSE THE INTEREST OR RELATIONSHIP TO THE CHIEF FINANCIAL OFFICER AT THE ORGANIZATION. WHENEVER THESE ISSUES ARISE, THE CHIEF FINANCIAL OFFICER OF THE ORGANIZATION IS CONTACTED TO DISCUSS THE ISSUE. THE ORGANIZATION RESERVES THE RIGHT TO DETERMINE WHETHER ANY RELATIONSHIP REPRESENTS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IN VIOLATION OF THIS POLICY. FAILURE TO PROMPTLY DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OF INTEREST TO THE CHIEF FINANCIAL OFFICER AT THE ORGANIZATION MAY RESULT IN DISCIPLINE, UP TO AND INCLUDING DISMISSAL. FORM 990, PART VI, SECTION B, LINE 15 WHEN DETERMINING THE ANNUAL COMPENSATION FOR ANY INSIDER, THE ORGANIZATION SHALL ALWAYS UNDERTAKE AND SATISFY ALL THREE PRONGS OF THE REBUTTABLE PRESUMPTION SET FORTH IN THE INTERNAL REVENUE CODE REGARDING INTERMEDIATE SANCTIONS (IRC SECTION 4958). 1. COMPENSATION ARRANGEMENT APPROVED IN ADVANCE BY INDEPENDENT MEMBERS OF THE ORGANIZATION'S GOVERNING BODY (BOARD OF DIRECTORS OR A SUBCOMMITTEE THEREOF) THAT IS COMPOSED OF PERSONS WHO DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT. 2. BEFORE MAKING THE REASONABLE COMPENSATION DETERMINATION, THE GOVERNING BODY (OR SUBCOMMITTEE THEREOF) RELIED UPON COMPARABILITY DATA (COMPARABILITY DATA INCLUDES COMPENSATION PAID BY COMPARABLE AND SIMILARLY SITUATED ENTITIES) IN DECIDING WHETHER TO APPROVE THE COMPENSATION. 3. GOVERNING BODY CONTEMPORANEOUSLY DOCUMENTS ITS BASIS FOR MAKING A REASONABLE COMPENSATION DETERMINATION, AS FOLLOWS: A. TERMS OF THE APPROVED COMPENSATION AND THE DATE APPROVED BY THE BOARD B. MEMBERS OF THE BOARD PRESENT DURING DEBATE ON THE COMPENSATION AMOUNT AND THOSE WHO VOTED ON IT AND HOW THEY VOTED ON IT C. DESCRIPTION OF THE COMPARABILITY DATA OBTAINED AND RELIED UPON AND HOW SUCH DATA WAS OBTAINED D. ANY ACTIONS BY A BOARD MEMBER HAVING A CONFLICT OF INTEREST (E.G. DISCLOSURE OF THE CONFLICT OF INTEREST; RECUSAL FROM THE DISCUSSION) E. DOCUMENTATION OF THE BASIS FOR THE COMPENSATION DETERMINATION BEFORE THE LATER OF THE NEXT BOARD MEETING OR 60 DAYS AFTER THE FINAL ACTIONS OF THE AUTHORIZED BODY ARE TAKEN IT IS ESSENTIAL THAT ANY INDIVIDUAL WHOSE COMPENSATION IS BEING DISCUSSED NOT BE PRESENT DURING SUCH DISCUSSIONS. ALL IDENTIFIED PAYMENTS OF UNREASONABLE COMPENSATION TO AN INSIDER SHOULD BE CORRECTED (UNDOING OF THE UNREASONABLE COMPENSATION TO THE EXTENT POSSIBLE) AS SOON AS FEASIBLY POSSIBLE; FOR EXAMPLE, THE INSIDER SHOULD PAY BACK TO THE ORGANIZATION THE UNREASONABLE COMPENSATION AMOUNTS PLUS INTEREST TO PUT THE ORGANIZATION IN A FINANCIAL POSITION NO WORSE THAN THAT IN WHICH IT WOULD BE IF THE INSIDER WERE DEALING UNDER THE HIGHEST FIDUCIARY STANDARDS. THE REASONABLE COMPENSATION DISCUSSION SHOULD BE UNDERTAKEN BY THE BOARD AT LEAST ANNUALLY; THE REASONABLE COMPENSATION BINDER MAINTAINED FOR EACH INSIDER SHOULD ALSO BE PREPARED, OR AT LEAST UPDATED, ANNUALLY. THE ORGANIZATION SHALL REFRAIN, WHENEVER POSSIBLE, FROM PAYING CONTINGENT COMPENSATION OR COMMISSIONS TO INSIDERS AND ALSO AVOID THE PAYMENT OF GOLDEN PARACHUTE PAYMENTS TO INSIDERS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S TAX RETURNS ARE AVAILABLE TO THE PUBLIC AT WWW.CHARITYNAVIGATOR.ORG. ADDITIONALLY, THE TAX RETURNS ARE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEBSITE: WWW.VITAMINANGELS.ORG. OTHER DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE ORGANIZATION'S OFFICE IN SANTA BARBARA.