Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | FIRST FOCUS DOES NOT HAVE ANY COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11 | FIRST FOCUS HIRES AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE FEDERAL FORM 990. UPON RECEIPT OF THE DRAFT FEDERAL FORM 990, IT IS THEN INTERNALLY REVIEWED BY MANAGEMENT AND THEN DISTRIBUTED TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | FIRST FOCUS REVIEWS ALL CONTRACTS AND AGREEMENTS FOR CONNECTIONS TO THE BOARD MEMBERS. IF A CONFLICT WERE IDENTIFIED, IT WOULD BE REPORTED TO THE PRESIDENT, WHO WOULD IN TURN BRING THE CONFLICT TO THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE STAFF OF FIRST FOCUS IS EMPLOYED BY AMERICA'S PROMISE. THE AUDIT & FINANCE COMMITTEE OF AMERICA'S PROMISE APPROVES THE USE OF A BI-ANNUAL SALARY COMPENSATION SURVEY BASED ON AT LEAST THREE INDEPENDENT SURVEYS. THE AUDIT COMMITTEE, SERVING AS THE COMPENSATION COMMITTEE, REVIEWS AND APPROVES THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES BASED ON AN ANNUAL REPORT DERIVED FROM AT LEAST THREE INDEPENDENT SURVEYS PREPARED AND PRESENTED TO THE AUDIT & FINANCE COMMITTEE. THE COMPENSATION COMMITTEE APPROVES THE USE OF THE SURVEY DATA. THE DECISION IS DOCUMENTED IN THE MINUTES OF THE AUDIT & FINANCE/COMPENSATION COMMITTEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST OF THE SECRETARY-TREASURER. |
| FORM 990, PART IV, LINE 34 | FORM 990, PART IV, LINE 34: FIRST FOCUS HAS ENTERED INTO A COST-SHARING AGREEMENT WITH AMERICA'S PROMISE ALLIANCE THAT PROVIDES FOR SHARING OF PERSONNEL, ADMINISTRATION AND EQUIPMENT COSTS. THE TWO ORGANIZATIONS FUNCTION WITH A COMMON MISSION AND SHARE COMMON MANAGEMENT, BUT OPERATE AS SEPARATE ENTITIES WITH SEPARATE BOARD OF DIRECTORS. THEREFORE, IN ACCORDANCE WITH THE IRS INSTRUCTIONS, FIRST FOCUS WILL NOT BE DISCLOSED ON SCHEDULE R AS A RELATED TAX-EXEMPT ENTITY. |
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