2025-11-03T10:24:39-06:00 2024-12-31 420714325 RSM US LLP 4650 EAST 53RD STREET DAVENPORT IA 528073479 990 2024-01-01 263784465 LENA FOUNDATION LENA 3034419010 361 CENTENNIAL PARKWAY 100 LOUISVILLE CO 80027 CAROLE BRITE CHIEF FINANCIAL OFFICER 3034419010 2025-10-31 1 0 JENIFER L CHASE P01306883 5638884000 2025-10-31 2024 2025-03-06 01:10:19Z LENA STEPHEN M HANNON PHD 361 CENTENNIAL PARKWAY 100 LOUISVILLE CO 80027 7828556 0 X WWW.LENA.ORG X 2008 CO LENA HELPS COMMUNITIES BOOST SCHOOL READINESS AND IMPROVE CHILD OUTCOMES THROUGH EARLY TALK. LENA WORKS WITH A WIDE RANGE OF PARTNER ORGANIZATIONS TO IMPROVE EARLY LANGUAGE ENVIRONMENTS AND BOOST KINDERGARTEN READINESS. 6 4 64 4 0 0 10157766 3281385 0 0 291586 380984 2674418 2618679 13123770 6281048 499047 522206 0 0 6884319 7146437 0 0 733141 2075278 2650554 9458644 10319197 3665126 -4038149 11830899 9898000 3420998 5526248 8409901 4371752 LENA FOUNDATION'S MISSION IS TO TRANSFORM CHILDREN'S FUTURES THROUGH EARLY TALK TECHNOLOGY AND DATA-DRIVEN PROGRAMS. 0 0 8242754 522206 2618679 LENA FOUNDATION (LENA) TRANSFORMS CHILDREN'S FUTURES THROUGH EARLY TALK TECHNOLOGY AND DATA-DRIVEN PROGRAMS. LENA'S CORE TECHNOLOGY IS THE LENA SYSTEM, THE STANDARD FOR AUTOMATICALLY MEASURING TALK WITH CHILDREN, A CRITICAL FACTOR IN EARLY BRAIN DEVELOPMENT AND PREDICTIVE OF BOTH COGNITIVE AND SOCIAL EMOTIONAL DEVELOPMENT. 8242754 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 13 0 1 64 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CO FL OH X CAROLE BRITE 3034419010 361 CENTENNIAL PARKWAY 100 LOUISVILLE CO 80027 ALEXANDER F PAUL SECRETARY/TREASURER 32.00 X X 12810 0 0 JUDITH A PAUL CHAIRMAN 32.00 X X 21747 0 11883 DONALD E BOSSI DIRECTOR 1.00 X 0 0 0 ASHLEY MATHIS DIRECTOR 1.00 X 0 0 0 LEE MARSHALL DIRECTOR 1.00 X 0 0 0 CARLY ROBERTS DIRECTOR 1.00 X 0 0 0 STEPHEN M HANNON PHD PRESIDENT AND CEO 40.00 X 261317 0 34362 CAROLE BRITE CHIEF FINANCIAL OFFICER 40.00 X 161322 0 33215 SAHAR BOU-GHAZALE TOUKMAJI HEAD OF TECHNOLOGY INNOVATATION 40.00 X 241691 0 12968 VINCE SWARTOUT CHIEF INFORMATION & OPERATIONS OFFICER 40.00 X 183388 0 33184 JODI WHITEMAN DIRECTOR, PARTNERSHIPS AND GROWTH 40.00 X 181361 0 22669 KATHARINE CORRELL VP OF IMPACT 40.00 X 170558 0 36584 MARIA ROCIO O'KEEFE VP OF GROWTH 40.00 X 209170 0 11176 1443364 0 196041 22 0 1 0 0 3281385 3281385 380637 380637 8609 0 8262 8609 -8262 347 347 4157925 1539246 2618679 2618679 6281048 2618679 0 380984 X 522206 522206 490216 383977 67783 38456 80607 63138 11146 6323 5258390 4120213 726188 411989 221934 173837 30687 17410 660746 517550 91363 51833 434544 340371 60085 34088 124682 37405 87277 20833 20833 30888 24199 4268 2421 1063228 932992 69977 60259 9392 7358 1298 736 429143 336205 59297 33641 460556 360816 63637 36103 110447 86203 15468 8776 172530 135166 23839 13525 29830 23370 4122 2338 106698 83591 14743 8364 52262 40944 7221 4097 RECRUITING 28760 22531 3974 2255 TAX EXPENSES 6725 5269 929 527 RESEARCH 2683 2683 LABORATORY AND TESTING 1897 1897 10319197 8242754 1343302 733141 131037 158406 6710042 7775360 2179903 300000 275067 127106 836224 573693 259274 203227 1080462 842455 416847 238007 1022505 522201 11830899 9898000 732852 1071873 1321355 3719689 1366791 734686 3420998 5526248 X 8008280 3615031 401621 756721 8409901 4371752 11830899 9898000 -4038149 0 X X 0 1 X 1 0 X 3583332 8709420 5920806 10157766 3281385 31652709 2867071 3471262 3958668 3774727 4157925 18229653 6450403 12180682 9879474 13932493 7439310 49882362 1262808 7925089 5356999 7956757 1531188 24032841 275388 79866 713026 531429 2969083 4568792 1538196 8004955 6070025 8488186 4500271 28601633 21280729 5433 266 15940 248317 380637 650593 5433 266 15940 248317 380637 650593 608 608 6455836 12180948 9895414 14181418 7819947 50533563 0.42110 0.46550 0.01290 0.00580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 27345 0 0 27345 0 PART II-B, LINE 1: LENA FOUNDATION HIRED A PAID LOBBYING FIRM IN FLORIDA IN 2024. IN ADDITION, CERTAIN STAFF TRAVELLED TO THE STATE CAPITOL TO MEET WITH LEGISLATORS, SO THEIR TIME AND TRAVEL EXPENSES HAVE BEEN CAPTURED. 325878 124144 201734 47506 42036 5470 707078 676275 30803 238007 RIGHT-OF-USE ASSET - OPERATING LEASES 522201 522201 OPERATING LEASE LIABILITY 734686 734686 X 7820294 1539246 1539246 6281048 0 6281048 11858443 1539246 1539246 10319197 0 10319197 PART X, LINE 2: LENA FOUNDATION (LENA) IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, LENA IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS INCOME. NO PROVISION FOR FEDERAL INCOME TAX HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. MANAGEMENT EVALUATED LENA'S TAX POSITIONS AND CONCLUDED THAT LENA HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF ACCOUNTING GUIDANCE RELATED TO INCOME TAXES. AS OF DECEMBER 31, 2024 AND 2023, LENA HAS ADDRESSED UNCERTAINTY IN ITS INCOME TAX POSITIONS UNDER THIS GUIDANCE AND DETERMINED THERE ARE NO UNRECOGNIZED/DERECOGNIZED TAX BENEFITS REQUIRING AN ACCRUAL. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED WITH EXPENSES ON AUDITED FINANCIAL STATEMENTS 1,539,246. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD INCLUDED WITH EXPENSES ON AUDITED FINANCIAL STATEMENTS 1,539,246. CENTRAL AMERICA AND THE CARIBBEAN PROGRAM SERVICES SALES OF THE LENA SYSTEM EAST ASIA AND THE PACIFIC PROGRAM SERVICES SALES OF THE LENA SYSTEM EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES SALES OF THE LENA SYSTEM MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES SALES OF THE LENA SYSTEM NORTH AMERICA PROGRAM SERVICES SALES OF THE LENA SYSTEM SOUTH AMERICA PROGRAM SERVICES SALES OF THE LENA SYSTEM 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 CATHOLIC CHARITIES OF DENVER 6240 SMITH ROAD DENVER CO 80216 840686679 501(C)(3) 0 15061 DANIELS FUND GRANT GRAND STREET SETTLEMENT 80 PITT STREET NEW YORK NY 10002 135562230 501(C)(3) 0 5808 VIKING GLOBAL FOUNDATION GRANT CONNECT CARE 305 MCGREGOR DRIVE GYPSUM CO 81637 823325368 501(C)(3) 0 17600 KLINGENSTEIN GRANT CORNERSTONE CHURCH 401 N 2ND ST BROOKHAVEN MS 39601 640882004 0 18665 COMMUNITY FOUNDATION EARLY LEARNING INDIANA 1776 N MERIDIAN ST SUITE A INDIANAPOLIS IN 46202 350888763 501(C)(3) 0 369188 ELI LILY FOUNDATION GRANT GLOBAL CONNECTION LEARNING CENTER 350 W WOODROW WILSON SUITE 432 JACKSON MS 39213 271105688 501(C)(3) 0 18500 COMMUNITY FOUNDATION SPACE KIDS ACADEMY 130 SOUTH MAIN STREET UNIT A BRIGHTON CO 80601 990515357 0 19407 KLINGENSTEIN GRANT WHEDCO 50 EAST 168TH ST BRONX NY 10452 113099604 501(C)(3) 0 28000 VIKING GLOBAL FOUNDATION GRANT WILD PLUM CENTER 82 21ST AVENUE SUITE B LONGMONT CO 80501 474709774 501(C)(3) 0 12800 KLINGENSTEIN GRANT 7 2 PART I, LINE 2: LENA FOUNDATION (LENA) SOMETIMES IS ABLE TO PROVIDE LAUNCH SUPPORT FUNDING TO DEFRAY COSTS FOR THE CONTRACT'S INITIAL TERM TO ELIGIBLE ORGANIZATIONS. WHEN SUCH FUNDING IS AVAILABLE, AN APPLICATION FORM IS PROVIDED (MOST OFTEN POSTED ON OUR WEBSITE) FOR INTERESTED ORGANIZATIONS TO HAVE LIKELY ACCESS TO SUFFICIENT ADDITIONAL FUNDING AND IN-KIND SUPPORT THROUGH OTHER LOCAL SOURCES TO IMPLEMENT AND RUN THE PARTICULAR LENA PROGRAM. THE CRITERIA USED TO MAKE SELECTIONS INVOLVES EACH PROSPECTIVE SITE COMPLETING AN APPLICATION QUESTIONNAIRE THAT TOUCHES ON A NUMBER OF FACTORS (INCLUDING STRATEGIC ALIGNMENT WITH THE ORGANIZATION/COMMUNITY, PARTNER AND/OR PARENT RECRUITMENT APPROACHES, STAFFING, POTENTIAL TO SCALE). ONCE REVIEWED, A FOLLOW UP CONVERSATION IS HELD WITH THE PROSPECTIVE GRANTEE TO DISCUSS THEIR PLAN IN GREATER DETAIL TO CLARIFY EXPECTATIONS, PLANS, AND IDENTIFY AREAS OF CONCERN. BUDGET GUIDANCE IS PROVIDED DURING THIS PROCESS TO ASSURE THE PROSPECTIVE GRANTEE IS CONSIDERING AND HAS GARNERED FUNDING AND IN KIND SUPPORT TO ADDRESS THE FULL COST OF IMPLEMENTATION. THE APPLICATIONS ALONG WITH SUMMARIES OF CONVERSATIONS ARE THEN REVIEWED BY A COMMITTEE OF THE BUSINESS DEVELOPMENT OPERATIONS DIRECTOR, PRINCIPAL OF PHILANTHROPIC PARTNERSHIPS, CHIEF GROWTH OFFICER, AND PRESIDENT/CEO TO MAKE A DECISION. AGREEMENT DOCUMENTS ARE THEN FINALIZED AND SENT TO THE GRANTEE, INCLUDING A PROGRAM AGREEMENT AND A LAUNCH FUNDS ACKNOWLEDGEMENT. LAUNCH FUND GRANTEES ARE MONITORED VIA A PROCESS SIMILAR TO WHAT WE APPLY TO ALL NEW LENA SITES. LENA PROCEEDS THROUGH THE LAUNCH PROCESS WITH EACH GRANTEE, INVOLVING TELECONS AND WEBINAR TRAININGS. THIS IS PART OF LENA'S "IMPLEMENTATION" PROCESS, WHICH IS TRACKED WEEKLY IN INTERNAL "IMP/RUN" MEETINGS. AS THE GRANTEES LAUNCH AND ENTER THE "RUN" PROCESS, LENA CONDUCTS REGULAR CHECK-IN CALLS WITH THEM THROUGH THE PARTNER SUCCESS TEAM. THE LENA ONLINE CLOUD-BASED PLATFORM PROVIDES REAL-TIME INSIGHTS INTO EACH GRANTEE'S STATUS AS FAR AS NUMBER OF CHILDREN REACHED AS WELL AS BOTH FIDELITY-RELATED AND OUTCOME-RELATED METRICS. LENA THEN HOLDS CONVERSATIONS TO REVIEW DATA AND DISCUSS WHAT'S WORKING, WHAT'S NOT, AND LESSONS LEARNED AS WELL AS PLANS FOR THE COMING MONTHS/YEAR. OVER TIME, THERE IS A "GRADUAL RELEASE" PROCESS THAT'S APPLIED WHERE THE REGULAR CHECK-IN CALLS ARE REDUCED IN FREQUENCY, TAILORED TO THE STATUS AND NEEDS OF EACH SITE. X X 0 0 0 0 0 0 0 1 0 STEPHEN M HANNON PHD PRESIDENT AND CEO 257781 0 0 0 3536 0 9350 0 25012 0 295679 0 0 0 SAHAR BOU-GHAZALE TOUKMAJI HEAD OF TECHNOLOGY INNOVATATION 237001 0 2500 0 2190 0 10778 0 2190 0 254659 0 0 0 MARIA ROCIO O'KEEFE VP OF GROWTH 208361 0 0 0 809 0 9376 0 1800 0 220346 0 0 0 VINCE SWARTOUT CHIEF INFORMATION & OPERATIONS OFFIC 179966 0 2500 0 922 0 8416 0 24768 0 216572 0 0 0 KATHARINE CORRELL VP OF IMPACT 155204 0 15000 0 354 0 2736 0 33848 0 207142 0 0 0 JODI WHITEMAN DIRECTOR, PARTNERSHIPS AND GROWTH 180903 0 0 0 458 0 6105 0 16564 0 204030 0 0 0 CAROLE BRITE CHIEF FINANCIAL OFFICER 158978 0 0 0 2344 0 7441 0 25774 0 194537 0 0 0 PART I, LINE 7 BONUSES ARE AWARDED AT THE DISCRETION OF THE CEO, STEPHEN M. HANNON, PH.D., WITH INPUT FROM THE BOARD SECRETARY, ALEXANDER F. PAUL, BASED ON EACH OFFICER AND EMPLOYEE'S INDIVIDUAL PERFORMANCE DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 JUDITH PAUL AND ALEXANDER PAUL HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 INFORMATION IS PREPARED BY LENA FOUNDATION'S CHIEF FINANCIAL OFFICER AND IS REVIEWED BY AN INDEPENDENT ACCOUNTING FIRM. A DRAFT COPY OF THE FORM 990 IS THEN PROVIDED TO THE FULL BOARD OF DIRECTORS PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON, DEFINED AS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED LATER, MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY: A. AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, B. A COMPENSATION ARRANGEMENT WITH THE ORGANIZATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, OR C. A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. COMPENSATION INCLUDES DIRECT AND INDIRECT REMUNERATION AS WELL AS GIFTS OR FAVORS THAT ARE NOT INSUBSTANTIAL. A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. A PERSON WHO HAS A FINANCIAL INTEREST MAY HAVE A CONFLICT OF INTEREST ONLY IF THE APPROPRIATE GOVERNING BOARD OR COMMITTEE DECIDES THAT A CONFLICT OF INTEREST EXISTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST ARE AS FOLLOWS: A. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. B. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN: A. THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. B. THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. A VOTING MEMBER OF THE GOVERNING BOARD WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. A VOTING MEMBER OF ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE ORGANIZATION FOR SERVICES IS PRECLUDED FROM VOTING ON MATTERS PERTAINING TO THAT MEMBER'S COMPENSATION. NO VOTING MEMBER OF THE GOVERNING BOARD OR ANY COMMITTEE WHOSE JURISDICTION INCLUDES COMPENSATION MATTERS AND WHO RECEIVES COMPENSATION, DIRECTLY OR INDIRECTLY, FROM THE ORGANIZATION, EITHER INDIVIDUALLY OR COLLECTIVELY, IS PROHIBITED FROM PROVIDING INFORMATION TO ANY COMMITTEE REGARDING COMPENSATION. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION, INCLUDING THE CHIEF EXECUTIVE OFFICER, OTHER OFFICERS, AND KEY EMPLOYEES, IS DECIDED BY THE SECRETARY/TREASURER OF THE BOARD OF DIRECTORS AFTER COMPARISON OF MARKET RATES TO SIMILAR POSITIONS. THIS DECISION IS DOCUMENTED BY THE HR DEPARTMENT AND RETAINED IN THEIR FILES. THE LAST TIME THAT THIS REVIEW AND APPROVAL OCCURRED WAS IN 2025. FORM 990, PART VI, SECTION C, LINE 19 LENA FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST IN THE SAME TIME AND MANNER AS OTHER DISCLOSURES REQUIRED UNDER INTERNAL REVENUE CODE SECTION 6104. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 932,992. MANAGEMENT AND GENERAL EXPENSES 69,977. FUNDRAISING EXPENSES 60,259. TOTAL EXPENSES 1,063,228. FORM 990, PART XII, LINE 2C: LENA FOUNDATION'S OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR TAX YEAR.