| ANY SIGNIFICANT CHANGES IN CONDUCT FOR PROGRAM SERVICES |
FORM 990, PAGE 2, PART III, LINE 3 |
IN AN EFFORT TO FOCUS ON ITS MISSION TO SUPPORT LATINO AND OTHER FIRST- GENERATION STUDENTS AND THEIR FAMILIES, MANAGEMENT DECIDED TO DISCONTINUE ITS SCHOLARSHIP FUND PROGRAM, AND IN AUGUST 2013, THE SCHOLARSHIP FUND FORMED ITS OWN SEPARATE ENTITY. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 |
FORM 990, PAGE 6, PART VI, LINE 11B |
A COPY OF THE DRAFT FORM 990 WILL BE EMAILED TO EXECUTIVE DIRECTOR AND BOARD CHAIR FOR REVIEW BEFORE IT IS SIGNED AND FILED. |
| ENFORCEMENT OF CONFLICTS POLICY |
FORM 990, PAGE 6, PART VI, LINE 12C |
OFFICERS, DIRECTORS, OR TRUSTEES, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. |
| COMPENSATION PROCESS FOR TOP OFFICIAL |
FORM 990, PAGE 6, PART VI, LINE 15A |
AN INDEPENDENT CONSULTANT GATHERED PUBLISHED DATA ON COMPENSATION OF EXECUTIVE DIRECTORS OF NON-PROFIT ORGANIZATIONS IN THE ATLANTA AREA OF COMPARABLE ASSET SIZE. THESE INCLUDED EAST ATLANTA KIDS CLUB, STREET GRACE, INC, ATLANTA COMMUNITY MINISTRIES, BUCKHEAD CHRISTIAN MINISTRY, COMMUNITY ACTION CENTER, INC, AND AGAPE COMMUNITY CENTER. THAT BENCHMARK DATA INFORMED THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS AS TO THE FAIR AND COMPETITIVE COMPENSATION FOR LAAMISTAD'S EXECUTIVE DIRECTOR. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION |
FORM 990, PAGE 6, PART VI, LINE 19 |
UPON REQUEST A COPY MAY BE EMAILED, MAILED OR A PUBLIC COPY IS AVAILABLE IN THE BUSINESS MANAGERS OFFICE. |
| OTHER CHANGES IN NET ASSETS EXPLANATION |
FORM 990, PART XI, LINE 9 |
PRIOR PERIOD ADJUSTMENT 8,218 LOSS ON DISCONTINUED OPERATIONS 120,823 |
Attach to Form 990 or 990-EZ.