2017-05-15T14:19:27-05:00 2016-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2015-07-01 237116952 AFRICARE AFRI 2024623614 440 R STREET NW WASHINGTON DC 20001 JEFF FREEDMAN CFO 2024623614 2017-05-15 1 3019519090 2015 2021-01-29 14:40:06Z ROBERT MALLETT 440 R STREET NW WASHINGTON DC 20001 34985796 0 X WWW.AFRICARE.ORG X 1971 DC SEE PART III, LINE 1. 13 13 53 13 0 0 47879471 34578492 0 0 1088926 108828 247518 -279077 49215915 34408243 3543509 2571202 0 0 18407609 12870717 0 84847 398103 29484134 20326593 51435252 35853359 -2219337 -1445116 25923305 22111208 23879179 23671058 2044126 -1559850 X AFRICARE WORKS TO IMPROVE THE QUALITY OF LIFE OF THE PEOPLE IN AFRICA BY BUILDING PARTNERSHIPS WITH AFRICAN PEOPLE TO BUILD SUSTAINABLE, HEALTHY AND PRODUCTIVE LIVES AND COMMUNITIES, AND IS A LEADING VOICE IN ADDRESSING AFRICAN DEVELOPMENT AND POLICY ISSUES. 0 0 29625493 2571202 HEALTH AND WATER RESOURCES DEVELOPMENT - INCLUDES ACTIVITIES TO INCREASE ACCESS TO, USE OF AND QUALITY OF SERVICES PROVIDED BY RURAL HEALTH CLINICS AND PRIMARY HEALTH SERVICES NETWORKS WHERE BASIC MEDICAL CARE IS LIMITED OR NON-EXISTENT AS WELL AS ACTIVITIES TO INCREASE CLEAN WATER SUPPLIES, IMPROVE WATER DISTRIBUTION SYSTEMS AND COMMUNITY-LEVEL SANITATION AND HYGIENE THROUGHOUT AFRICA. SPECIFIC WORK INCLUDES WELL CONSTRUCTION, SANITATION EDUCATION AND COMMUNITY-LED SANITATION INFRASTRUCTURE. 575782 FOOD SECURITY, RELIEF AND REFUGEE ASSISTANCE - INCLUDES ACTIVITIES THAT USE A COMBINATION OF FOOD RESOURCES, AIMED AT IMPROVING FOOD ACCESS, AVAILABILITY AND UTILIZATION TO PROMOTE ACTIVE AND HEALTHY LIVES. REFUGEE ASSISTANCE INVOLVES PROVIDING EMERGENCY AID TO VICTIMS OF NATURAL AND MAN-MADE DISASTERS. 1855411 AGRICULTURE AND SMALL SCALE IRRIGATION - INCLUDES SERVICES THAT FOCUS ON ALL ASPECTS OF FOOD PRODUCTION, SALE AND UTILIZATION, FROM IMPROVED CULTIVATION OF CROPS, LIVESTOCK, AGRICULTURAL IRRIGATION AND NATURAL RESOURCE MANAGEMENT, TO POST-HARVEST STORAGE, FARM INFRASTRUCTURE, FARMER CREDIT AND TRAINING IN FARMING AS A BUSINESS. 442316 INTEGRATED RURAL DEVELOPMENT - INCLUDES ACTIVITIES TO SUPPORT RURAL AREAS FACING CHALLENGES IN WATER RESOURCES, IRRIGATION, AGRICULTURE, NUTRITION AND HEALTH TO STRENGTHEN COMMUNITY RESILIENCE TO EXTERNAL SHOCKS. 488768 OTHER DEVELOPMENT PROGRAMS - INCLUDES ACTIVITIES SUCH AS LITERACY, VOCATIONAL AND ENTREPRENEURIAL TRAINING, MICROENTERPRISE, CIVIL SOCIETY DEVELOPMENT AND GOVERNANCE, AND EMERGENCY HUMANITARIAN AID THAT ARE OUTSIDE OF AND COMPLEMENT AFRICARE'S PRINCIPAL PROGRAM AREAS. 931084 32987770 1 1 0 0 0 0 0 1 0 1 1 0 0 0 1 1 1 0 0 1 1 1 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 X 42 0 1 53 1 0 1 AO BN UV CD GH LI MI ML MZ NI SG SF TZ UG ZA ZI NG 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 1 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA CT FL HI IL KS KY MD MA MI MN NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X JEFF FREEDMAN 2024623614 440 R STREET NW WASHINGTON DC 20001 STEPHEN CASHIN CHAIRMAN 10.00 X X 0 0 0 PETER FRANCIS TREASURER 5.00 X X 0 0 0 JOSEPH C KENNEDY SECRETARY 5.00 X X 0 0 0 LAURETTA BRUNO DIRECTOR 2.00 X 0 0 0 CURTIN WINSOR DIRECTOR 2.00 X 0 0 0 WILLIAM EGBE DIRECTOR 2.00 X 0 0 0 CALLISTO MADAVO DIRECTOR 2.00 X 0 0 0 MAMADOU BEYE DIRECTOR 2.00 X 0 0 0 BOBBY PITTMAN DIRECTOR 2.00 X 0 0 0 CHINONSO EMEHELU DIRECTOR 2.00 X 0 0 0 JEFFREY KRILLA DIRECTOR 2.00 X 0 0 0 WILLIAM WARD DIRECTOR 2.00 X 0 0 0 JUNE CARTER PERRY DIRECTOR 2.00 X 0 0 0 ROBERT MALLETT PRESIDENT (FROM NOV. 2015) 40.00 X 25385 0 0 DEXTER LOCKAMY CFO 40.00 X 217278 0 15669 EARLENE BARNES CHIEF H.R. ADMIN. OFFICER 40.00 X 134197 0 26514 KENDRA DAVENPORT VP EXT. AFFAIRS (UNTIL SEPT. 2015) 40.00 X 200991 0 8190 FRANKLIN MOORE CHIEF OF PROGRAMS (BEGAN SEPT. 2015) 40.00 X 32308 0 0 BRIAN GRANT CHIEF OF PARTY 40.00 X 134214 0 9637 RANAHNAH AFRIYE COUNTRY DIRECTOR (UNTIL DEC. 2015) 40.00 X 122769 0 16571 DARIUMS MANS FORMER PRESIDENT (UNTIL MAY 2015) 40.00 X 115392 0 5475 982534 0 82056 6 1 1 0 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE 650N BETHESDA MD 20814 EXTERNAL AUDIT 396438 ERNST & YOUNG LLP PO BOX 62 HARARE ZI AUDIT SERVICES 176536 JEFF FREEDMAN 440 R STREET NW WASHINGTON DC 20001 CONSULTING SERVICES 146550 WHITE & CASE 1155 AVENUE OF THE AMERICAS NEW YORK NY 10036 LEGAL SERVICES 140117 DELOITTE & TOUCHE PO BOX 1559 DAR-ES-SALAAM TZ AUDIT 137769 6 62516 4500 252225 19596423 14662828 80429 34578492 124867 124867 265523 9349 290911 0 -25388 9349 -16039 -16039 30300 252225 286642 -256342 -256342 MISCELLANEOUS REVENUE 900099 -22735 -22735 -22735 34408243 0 0 -170249 227057 227057 2344145 2344145 791336 548403 242933 25643 16668 8975 9328174 8982233 140406 205535 79128 77042 163 1923 2378628 2252735 76373 49520 267808 252384 9963 5461 533227 17406 514759 1062 465949 9049 456900 84847 84847 2656801 2559820 95506 1475 78611 76895 1464 252 670089 568454 86580 15055 57804 26762 30953 89 1338809 1303241 35568 1510586 1482270 26372 1944 5322928 5315855 7073 56869 56736 133 242574 242574 158742 144557 14185 VEHIC. REPAIR & MAINT. 2328113 2314427 10460 3226 PROG. SUPPLIES/MATERIAL 1737844 1727101 6852 3891 BAD DEBT EXPENSE 1273247 6745 1266502 OTHER DIRECT COSTS 980234 1990800 -1022311 11745 914166 743721 158500 11945 35853359 32987770 2467486 398103 7021217 4392292 1235076 942533 12189330 11970453 399125 51665 3253 9152596 7040173 2099012 2112423 2747329 2622218 232216 16371 25923305 22111208 4435908 4035959 17767955 16680509 1306562 1352130 368754 1602460 23879179 23671058 X -1422034 -4882496 448097 304583 3018063 3018063 2044126 -1559850 25923305 22111208 X -1445116 -90406 -2068454 X 0 1 X 1 1 1 X 67627634 58507858 53119293 47879471 34578492 261712748 67627634 58507858 53119293 47879471 34578492 261712748 7480213 254232535 418861 345294 296904 219330 124867 1405256 154942 1294588 393650 325664 -22735 2146109 265264113 0.95840 0.97120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 579135 X X 0 2717260 -32183 99707 2585370 7323242 -83707 4522275 2717260 6408131 1234825 319714 7323242 7318165 941032 1851066 6408131 7660504 -159499 182840 7318165 0.00000 1.00000 0.00000 0 0 224756 224756 2274663 1325522 949141 6074042 5714651 359391 579135 579135 2112423 CAPITAL LEASE PAYABLE 331857 PENSION PAYABLE 1270603 1602460 X 34606879 -90406 2400 286642 198636 34408243 0 34408243 36142401 2400 286642 289042 35853359 0 35853359 PART III, LINE 4: AFRICARE HAS A COLLECTION OF AFRICAN ART ON DISPLAY AT ITS WASHINGTON, DC HEADQUARTERS. THE COLLECTION HELPS TO EDUCATE VISITORS ON THE CULTURAL RICHNESS OF AFRICAN COUNTRIES AND ITS PEOPLE. PART V, LINE 4: PERMANENT ENDOWMENT ASSETS ARE NOT ACCESSIBLE FOR OPERATIONS, BUT INVESTMENT RETURNS ARE AVAILABLE. BOARD DESIGNATED ENDOWMENT FUNDS CAN BE ACCESSED FOR EMERGENCY FUNDING SITUATIONS WITH BOARD APPROVAL. PART X, LINE 2: FOR THE YEAR ENDED JUNE 30, 2016, AFRICARE HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10 AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS EXPENSE ON THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990. 286,642. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED AS EXPENSE ON THE FINANCIAL STATEMENTS AND NETTED AGAINST REVENUE ON FORM 990. 286,642. 1 SUB-SAHARAN AFRICA 13 550 PROGRAM SERVICES HEALTH, FOOD SECURITY, AGRICULTURE, REFUGEE ASSISTANCE, RURAL DEVELOPMENT & OTHER 30646025 SUB-SAHARAN AFRICA 0 0 GRANTS TO RECIPIENTS LOCATED IN REGION 2344145 13 550 0 0 13 550 32990170 0 32990170 SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 15447 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 13225 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 31517 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 30184 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 41113 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 20888 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 13451 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 34098 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 8858 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 6747 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 33768 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 28090 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 9078 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 36266 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 18385 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 36681 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 75034 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 42426 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 48701 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 60450 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 7438 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 29532 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 44625 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 7839 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 59178 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 52524 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 98269 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 69827 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 39773 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 9316 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 122614 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 69901 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 85461 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 21263 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 75991 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 26515 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 55591 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 6991 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 70788 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 130529 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 45867 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 99620 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 102475 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 108761 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 156408 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 202298 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 475348 CHECK SUB-SAHARAN AFRICA HEALTH, EDUCATION, AND PROTECTION SERVICES TO CHILDREN 35088 CHECK 48 0 1 0 0 0 0 0 PART I, LINE 2: SUB-RECIPIENT MONITORING PROCEDURES FOR ORGANIZATIONS RECEIVING SUB-GRANT FUNDS FROM AFRICARE ARE PERFORMED ON-SITE BY AFRICARE STAFF. TYPICALLY, THE AFRICARE COUNTRY REPRESENTATIVE OR PROJECT COORDINATOR WILL MONITOR SUB-GRANTEE WORK TO ENSURE COMPLIANCE WITH THE PROVISIONS OF THE PROJECT AGREEMENT. THIS INCLUDES, BUT IS NOT LIMITED TO, ON-SITE VISITS AND REVIEW OF PROGRAM AND FINANCIAL REPORTS. X 1 AVALON CONSULTING GROUP 2030 M STREET NW 700 WASHINGTON DC 20036 FUNDRAISING COUNSEL 0 64848 84847 -19999 64848 84847 -19999 AL AK AR CA CO CT DC FL HI IL KS KY ME MD MA MI MN MO MT NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI BISHOP WALKER DINNER 282525 252225 30300 138862 15450 132330 282525 252225 30300 138862 15450 132330 286642 -256342 1 FUTURES GROUP ONE THOMAS CIRCLE NW SUITE 200 WASHINGTON DC 20005 261509671 N/A 227057 OPERATIONS RESEARCH, MATERNAL AND CHILD HEALTH IN TANZANIA 0 1 PART I, LINE 2: SUB-RECIPIENT MONITORING PROCEDURES FOR U.S. ORGANIZATIONS RECEIVING SUB-GRANT FUNDS FROM AFRICARE ARE PERFORMED ON-SITE BY AFRICARE STAFF. TYPICALLY, THE AFRICARE COUNTRY REPRESENTATIVE OR PROJECT COORDINATOR WILL MONITOR SUB-GRANTEE WORK TO ENSURE COMPLIANCE WITH THE PROVISIONS OF THE PROJECT AGREEMENT. THIS INCLUDES, BUT IS NOT LIMITED TO, ON-SITE VISITS AND REVIEW OF PROGRAM AND FINANCIAL REPORTS. IN ADDITION, THE COMPLIANCE OFFICER AND OTHER HEADQUARTERS STAFF REVIEW A-133 OR UNIFORM GUIDANCE REPORTS, AND ANY OTHER REPORTS TO ENSURE COMPLIANCE. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 DEXTER LOCKAMY CFO 207278 0 10000 0 0 0 5331 0 10338 0 232947 0 0 0 EARLENE BARNES CHIEF H.R. ADMIN. OFFICER 129197 0 5000 0 0 0 3776 0 22738 0 160711 0 0 0 KENDRA DAVENPORT VP EXT. AFFAIRS (UNTIL SEPT. 2015) 188491 0 12500 0 0 0 5102 0 3088 0 209181 0 0 0 DARIUMS MANS FORMER PRESIDENT (UNTIL MAY 2015) 115392 0 0 0 0 0 3590 0 1885 0 120867 0 0 0 PART I, LINE 1A AFRICARE PROVIDES HOUSING TO COUNTRY DIRECTOR LEVEL STAFF IN ACCORDANCE WITH INTERNAL AND EXTERNAL POLICIES. PART I, LINE 7 SEE SCHEDULE J, PART II, COLUMN B(II) FOR BONUS INFORMATION. X 72750 MARKET VALUE X 1 7679 MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTORS OF DONATED EBOLA MEDICAL SUPPLIES. FORM 990, PART VI, SECTION A, LINE 5 THE AFRICARE TANZANIA PROGRAM HAD A FORMER FINANCE EMPLOYEE DELIBERATELY REROUTE TWELVE PAYMENTS TOTALING 751,802,879 TANZANIA SHILLINGS (EQUIVALENT $349,676) THAT WERE INITIALLY SCHEDULED TO BE MADE TO THE TANZANIA REVENUE AUTHORITY. THESE PAYMENTS WERE MADE TO A FICTITIOUS COMPANY CREATED BY THE FORMER FINANCE EMPLOYEE. IN ADDITION, AFRICARE OWES THE TANZANIA REVENUE AUTHORITY INTEREST AND FEES DUE TO NONPAYMENT OF TAXES TOTALING 174,557,608 TANZANIA SHILLINGS (EQUIVALENT $81,269). THE AUTHORITIES WERE IMMEDIATELY CONTACTED AND THE FORMER EMPLOYEE HAS BEEN APPREHENDED. LEGAL MATTERS HAVE BEEN INITIATED BY AFRICARE AGAINST THE FORMER EMPLOYEE. AFRICARE HAS RECORDED THE LOSS DUE TO MISAPPROPRIATION OF ASSETS FOR THE AMOUNTS AS AN OTHER ITEM ON THE STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. PRIOR TO FILING WITH THE IRS, THE FORM 990 WAS PROVIDED TO THE FULL BOARD FOR THEIR REVIEW, COMMENTS AND QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT REVIEWS RESPONSES TO THE CONFLICT OF INTEREST ATTESTATION BY EACH EMPLOYEE AND BOARD MEMBER TO ENSURE THAT THERE ARE NO PERCEIVED OR REAL CONFLICTS. IN ADDITION, BUSINESS RELATIONSHIPS ARE REVIEWED DURING THE PROCUREMENT PROCESS. AFRICARE REQUIRES FULL DISCLOSURE OF THE FACTS AND CIRCUMSTANCES OF ANY PERCEIVED OR ACTUAL CONFLICT OF INTEREST AND REQUIRES THAT THE INDIVIDUAL INVOLVED NOT BE A PART OF ANY DECISION ABOUT THE ARRANGEMENT OR TRANSACTION. DEPENDING UPON THE NATURE AND EXTENT OF THE CONFLICT OF INTEREST, SENIOR MANAGEMENT OR THE BOARD MAY REQUIRE THAT THE RELATIONSHIP BE DISCONTINUED. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE PRESIDENT IS BASED ON INDEPENDENT DATA PREPARED BY OUTSIDE CONSULTANTS AND IS REVIEWED AND APPROVED BY THE BOARD. THE DELIBERATION AND DECISION IS DOCUMENTED IN THE BOARD MINUTES. THE LAST COMPENSATION REVIEW FOR THE PRESIDENT TOOK PLACE IN OCTOBER 2015. COMPENSATION OF OTHER KEY STAFF AT THE SENIOR MANAGEMENT LEVEL IS DONE BY THE PRESIDENT. IN ADDITION, INDEPENDENT SURVEYS ARE CONDUCTED PERIODICALLY TO ENSURE THAT COMPENSATIONS LEVELS FOR ALL STAFF ARE COMPETITIVE. THE LAST COMPENSATION REVIEW FOR THE CFO TOOK PLACE IN OCTOBER 2015. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE ACCESSIBLE AT THE ORGANIZATION'S WEBSITE OR UPON REQUEST. THE GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. AFRICARE'S BUSINESS CONDUCT POLICIES, INCLUDING: CODE OF ETHICS, ANTI-CORRUPTION, CONFLICT OF INTEREST, WHISTLEBLOWER, FRAUD, HEALTH AND SAFETY, AND HARRASSMENT POLICIES ARE ALSO ACCESSIBILE AT THE ORGANIZATION'S WEBSITE. FORM 990, PART XI, LINE 9: NON-OPERATING MINIMUM PENSION LIABILITY ADJUSTMENT -1,282,282. NON-OPERATING LOSSES ON FOREIGN CURRENCY EXCHANGE -355,227. LOSS DUE TO MISAPPROPRIATION OF ASSETS -430,945.