TY 2013 Form 990 Schedule O

efile Public Visual Render ObjectId: 201413219349306771 - Submission: 2014-11-17 TIN: 52-0742294

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2013

Open to Public
Inspection

Name of the organization

ATLANTIC COUNCIL OF THE UNITED STATES

Employer identification number

52-0742294

Return Reference	Explanation
FORM 990, PART III, LINE 2	THE ADRIENNE ARSHT LATIN AMERICAN CENTER WAS LAUNCHED IN MAY 2013. SEE BELOW FOR PROGRAM DESCRIPTION.
FORM 990, PART VI, SECTION B, LINE 11	THE ATLANTIC COUNCIL OUTSOURCED THE PREPARATION OF THE 990 TO ITS CPA FIRM. THE FINANCE DEPUTY PREPARED AND SUBMITTED INFORMATION REQUESTED BY THE FIRM. BEFORE SUBMISSION, THE CFO REVIEWED THE INFORMATION. ONCE THE DRAFT RETURN WAS PREPARED, IT WAS SENT TO THE CFO FOR REVIEW AND APPROVAL. A COPY OF THE FINAL 990 WAS CIRCULATED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION REMINDS STAFF OF THE CONFLICT OF INTEREST POLICY ELECTRONICALLY ON AN ANNUAL BASIS. THE POLICY REQUIRES THAT ANY POTENTIAL CONFLICT OF INTEREST BE DISCLOSED. THE BOARD IS PERIODICALLY REQUIRED TO REVIEW THE POLICY, CONFIRM THEIR UNDERSTANDING, AND DISCLOSE ANY POTENTIAL CONFLICTS. THESE RELATIONSHIPS ARE REVIEWED AND DETERMINATIONS ARE BASED ON A CASE-BY-CASE BASIS.
FORM 990, PART VI, SECTION B, LINE 15A	THE CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE, WHICH REVIEWS THE CEO'S PERFORMANCE AND A VARIETY OF INFORMATION TO REACH A COMMITTEE CONSENSUS ON THE APPROPRIATE COMPENSATION. THE MINUTES OF THIS MEETING, WHILE CONFIDENTIAL, ARE PROVIDED TO THE CFO, WHO THEN PUTS ANY CHANGES INTO PLACE. ALL OTHER STAFF MEMBERS ARE REVIEWED AND THEIR COMPENSATION IS DETERMINED BY THE CEO. THE LAST COMPENSATION REVIEW TOOK PLACE IN FEBRUARY 2013.
FORM 990, PART VI, SECTION C, LINE 19	THE ATLANTIC COUNCIL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST.
FORM 990, PART IX, LINE 11G	STAFF CONSULTANTS: PROGRAM SERVICE EXPENSES 1,186,975. MANAGEMENT AND GENERAL EXPENSES 44,963. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,231,938. EVENT CONSULTANTS: PROGRAM SERVICE EXPENSES 295,075. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 295,075. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 369,446. MANAGEMENT AND GENERAL EXPENSES 20,055. FUNDRAISING EXPENSES 5,404. TOTAL EXPENSES 394,905. RECRUITING CONSULTANTS: PROGRAM SERVICE EXPENSES 97,800. MANAGEMENT AND GENERAL EXPENSES 146,065. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 243,865.

Return Reference

Explanation

FORM 990, PART III, LINE 2

THE ADRIENNE ARSHT LATIN AMERICAN CENTER WAS LAUNCHED IN MAY 2013. SEE BELOW FOR PROGRAM DESCRIPTION.

FORM 990, PART VI, SECTION B, LINE 11

THE ATLANTIC COUNCIL OUTSOURCED THE PREPARATION OF THE 990 TO ITS CPA FIRM. THE FINANCE DEPUTY PREPARED AND SUBMITTED INFORMATION REQUESTED BY THE FIRM. BEFORE SUBMISSION, THE CFO REVIEWED THE INFORMATION. ONCE THE DRAFT RETURN WAS PREPARED, IT WAS SENT TO THE CFO FOR REVIEW AND APPROVAL. A COPY OF THE FINAL 990 WAS CIRCULATED TO THE ENTIRE GOVERNING BODY PRIOR TO FILING WITH THE IRS.

FORM 990, PART VI, SECTION B, LINE 12C

THE ORGANIZATION REMINDS STAFF OF THE CONFLICT OF INTEREST POLICY ELECTRONICALLY ON AN ANNUAL BASIS. THE POLICY REQUIRES THAT ANY POTENTIAL CONFLICT OF INTEREST BE DISCLOSED. THE BOARD IS PERIODICALLY REQUIRED TO REVIEW THE POLICY, CONFIRM THEIR UNDERSTANDING, AND DISCLOSE ANY POTENTIAL CONFLICTS. THESE RELATIONSHIPS ARE REVIEWED AND DETERMINATIONS ARE BASED ON A CASE-BY-CASE BASIS.

FORM 990, PART VI, SECTION B, LINE 15A

THE CEO'S COMPENSATION IS DETERMINED BY THE COMPENSATION COMMITTEE, WHICH REVIEWS THE CEO'S PERFORMANCE AND A VARIETY OF INFORMATION TO REACH A COMMITTEE CONSENSUS ON THE APPROPRIATE COMPENSATION. THE MINUTES OF THIS MEETING, WHILE CONFIDENTIAL, ARE PROVIDED TO THE CFO, WHO THEN PUTS ANY CHANGES INTO PLACE. ALL OTHER STAFF MEMBERS ARE REVIEWED AND THEIR COMPENSATION IS DETERMINED BY THE CEO. THE LAST COMPENSATION REVIEW TOOK PLACE IN FEBRUARY 2013.

FORM 990, PART VI, SECTION C, LINE 19

THE ATLANTIC COUNCIL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON REQUEST.

FORM 990, PART IX, LINE 11G

STAFF CONSULTANTS: PROGRAM SERVICE EXPENSES 1,186,975. MANAGEMENT AND GENERAL EXPENSES 44,963. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,231,938. EVENT CONSULTANTS: PROGRAM SERVICE EXPENSES 295,075. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 295,075. PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 369,446. MANAGEMENT AND GENERAL EXPENSES 20,055. FUNDRAISING EXPENSES 5,404. TOTAL EXPENSES 394,905. RECRUITING CONSULTANTS: PROGRAM SERVICE EXPENSES 97,800. MANAGEMENT AND GENERAL EXPENSES 146,065. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 243,865.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2013

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