| FORM 990, PART VI, SECTION A, LINE 2 |
SCOTT CASE (DIRECTOR) AND TIEN TZUO (DIRECTOR) HAVE A BUSINESS RELATIONSHIP, OUTSIDE OF THE ORGANIZATION. BOTH REPRESENT THE ORGANIZATION AS DIRECTORS OF NETWORK FOR GOOD (A FOR-PROFIT CORPORATION) AND RECEIVE NO COMPENSATION OR BENEFIT FOR THAT REPRESENTATION. |
| FORM 990, PART VI, SECTION A, LINE 3 |
THE ORGANIZATION CONTRACTS WITH NETWORK FOR GOOD (C CORPORATION) TO CONDUCT PROFESSIONAL FUNDRAISING FOR THE ORGANIZATION, SUBJECT TO A COMMERCIAL FUNDRAISING AGREEMENT THAT HAS BEEN PROPERLY REGISTERED IN ALL STATES THAT REQUIRE REGISTRATION. IN ADDITION, THE PARTIES HAVE ENTERED INTO A MANAGEMENT AGREEMENT AND A SERVICE LEVEL AGREEMENT, BY WHICH NETWORK FOR GOOD (C CORPORATION) PROVIDES SIGNIFICANT MANAGEMENT AND SUPPORT SERVICES TO THE ORGANIZATION, INCLUDING MANAGEMENT OF THE ORGANIZATION'S OFFICE, WEBSITE SERVICES, WEB HOSTING SERVICES, AND BOOKKEEPING/ACCOUNTING SERVICES. ALL TRANSACTIONS BETWEEN THE ORGANIZATION AND NETWORK FOR GOOD (C CORPORATION) ARE ENTERED INTO AT ARM'S LENGTH, AND THE ORGANIZATION PAYS NO MORE THAN FAIR MARKET VALUE FOR SERVICES PROVIDED BY NETWORK FOR GOOD (C CORPORATION). THE ORGANIZATION'S BOARD AND OFFICERS OVERSEE THE WORK OF THE ORGANIZATION AND REVIEW NETWORK FOR GOOD'S (C CORPORATION) PROVISION OF SERVICES UNDER CONTRACTS. NETWORK FOR GOOD (C CORPORATION) AND THE ORGANIZATION UPHOLD CLEAR BOUNDARIES BETWEEN THE CORPORATE ENTITIES, INCLUDING INDEPENDENT MEMBERS ON EACH ENTITY'S RESPECTIVE BOARD OF DIRECTORS AND THE STRICT MAINTENANCE OF CORPORATE FORMALITIES AT EACH ENTITY. THE TOTAL CUMULATIVE VALUE OF SERVICES PROVIDED BY NETWORK FOR GOOD (C CORPORATION) TO THE 501(C)(3) DURING 2021 WAS $5,808,736. |
| FORM 990, PART VI, SECTION B, LINE 11B |
A COPY OF THE FORM 990 IS FIRST REVIEWED AND APPROVED BY THE CEO, CFO, AND THE GENERAL COUNSEL. UPON MANAGEMENT'S APPROVAL, IT IS FORWARDED TO THE AUDIT COMMITTEE, EXECUTIVE COMMITTEE, AND GOVERNANCE COMMITTEE FOR REVIEW AND INPUT PRIOR TO SUBMISSION TO THE FULL BOARD OF DIRECTORS. A COPY OF THE FORM 990 IS THEN PROVIDED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
EACH DIRECTOR, OFFICER, AND PERSON WITH SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION IS REQUIRED TO REVIEW A COPY OF THE CONFLICT OF INTEREST POLICY, AS WELL AS DISCLOSE ANY RELATIONSHIPS, POSITIONS, OR CIRCUMSTANCES IN WHICH THEY BELIEVE COULD CONTRIBUTE TO A CONFLICT. FOLLOWING FULL DISCLOSURE OF A POSSIBLE CONFLICT OF INTEREST, THE BOARD OF DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, AND (IF SO) THE BOARD SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION OR TAKE ANY OTHER ACTION DEEMED NECESSARY TO ADDRESS THE CONFLICT AND PROTECT THE ORGANIZATION'S BEST INTERESTS. THE CONFLICTED INDIVIDUAL IS NOT ALLOWED TO PARTICIPATE ON THE VOTE ON, OR DELIBERATION OF, ANY POTENTIAL OR ACTUAL CONFLICT. |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE PERFORMANCE AND COMPENSATION OF THE CFO AND GENERAL COUNSEL IS REVIEWED AND DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION IS BASED ON PERFORMANCE METRICS ESTABLISHED BY THE BOARD OF DIRECTORS, AS WELL AS BENCHMARKING DATA. THE COMPENSATION OF THE CFO AND GENERAL COUNSEL IS ASSESSED AND DETERMINED AS PART OF THEIR RESPECTIVE EVALUATIONS AGAINST THOSE METRICS AND BENCHMARK DATA. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST, BASED ON DISCRETION OF MANAGEMENT. |
| FORM 990, PART XI, LINE 9: |
REVERSAL OF PRIOR YEAR GRANT EXPENSE 149,601. |
Attach to Form 990 or 990-EZ.