| FORM 990, PART VI, SECTION A, LINE 3 |
THE TRAINING PARTNERSHIP HAS CONTRACTED WITH A THIRD-PARTY ADMINISTRATOR (BENEFIT SOLUTIONS, INC.) TO PROVIDE BOOKKEEPING AND ADMINISTRATIVE SERVICES. |
| FORM 990, PART VI, SECTION B, LINE 11 |
THE FORM 990 WAS PREPARED UNDER THE GUIDANCE OF THE ORGANIZATION'S INTERIM DIRECTOR OF FINANCE AND ADMINISTRATION BY THE INDEPENDENT ACCOUNTING FIRM SCHOEDEL & SCHOEDEL, CERTIFIED PUBLIC ACCOUNTANTS, PLLC. DRAFT COPIES OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND FORM 990 WERE FIRST PROVIDED TO THE ORGANIZATION'S CONTROLLER AND DIRECTOR OF FINANCE AND ADMINISTRATION WHO REVIEWED THE FORM 990 FOR ACCURACY AND COMPLETENESS. ANY QUESTIONS, CONCERNS, OR ISSUES RAISED BY THE CONTROLLER AND DIRECTOR OF FINANCE AND ADMINISTRATION WERE ADDRESSED, AND ANY NECESSARY REVISIONS WERE MADE TO THE FORM 990. THE REVISED FORM 990 WAS THEN PROVIDED TO THE BOARD OF TRUSTEES FOR ITS REVIEW AND APPROVAL. ANY ADDITIONAL QUESTIONS, CONCERNS, OR ISSUES RAISED BY THE BOARD OF TRUSTEES WERE ADDRESSED, AND ANY NECESSARY REVISIONS WERE MADE TO THE FORM 990. THE FINAL VERSION OF THE FORM 990 WAS REVIEWED, APPROVED, AND FILED BY THE BOARD OF TRUSTEES. |
| FORM 990, PART VI, SECTION B, LINE 12C |
ALL TRAINING PARTNERSHIP OFFICERS, TRUSTEES, MEMBERS OF COMMITTEES OF THE BOARD OF TRUSTEES, AND STAFF EMPLOYEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF TRUSTEES ARE CONSIDERED TO BE FIDUCIARIES OF THIS ORGANIZATION. A FIDUCIARY OF THIS ORGANIZATION HAS AN ONGOING DUTY TO DISCLOSE ALL MATERIAL FACTS OF EVERY ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTING WHEN HE OR SHE IS OFFERED OR ELECTED TO BECOME A FIDUCIARY, OCCURRING AFTER THE ACCEPTANCE OF A POSITION AS A FIDUCIARY, AND ANNUALLY THROUGH A CONFLICT OF INTEREST QUESTIONNAIRE. BASED ON ALL MATERIAL FACTS, THE BOARD OF TRUSTEES DETERMINES IF A CONFLICT OF INTEREST EXISTS AND WHAT, IF ANY, ACTIONS ARE REQUIRED TO ELIMINATE OR MITIGATE THE CONFLICT OF INTEREST. THE TRUSTEES WILL EVALUATE THE DISCLOSURES TO DETERMINE WHETHER EACH INVOLVES AN ACTUAL CONFLICT OF INTEREST AND MAY ATTEMPT TO DEVELOP ALTERNATIVES TO REMOVE A CONFLICT FROM THE SITUATION. A FIDUCIARY WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS NOT PRESENT FOR OR LEAVES ANY PORTION OF A MEETING AT WHICH THE TRUSTEES ARE VOTING TO DETERMINE WHETHER A CONFLICT EXISTS, BUT MAY BE PRESENT PRIOR TO THE VOTE OR DISCUSSION OF THE VOTE TO MAKE A PRESENTATION TO THE TRUSTEES, DISCLOSE ADDITIONAL FACTS, OR RESPOND TO QUESTIONS. THE TRAINING PARTNERSHIP MAY ENTER INTO A TRANSACTION OR ARRANGEMENT IN WHICH A FIDUCIARY HAS A CONFLICT OF INTEREST ONLY IF THE FIDUCIARY HAS DISCLOSED SUCH CONFLICT OF INTEREST IN ACCORDANCE WITH THE TRAINING PARTNERSHIP'S POLICY AND EITHER: THE TRUSTEES APPROVE THE TRANSACTION OR ARRANGEMENT AT A MEETING AT WHICH THE FIDUCIARY WHO HAS A CONFLICT IS NOT PRESENT AND DOES NOT PARTICIPATE (OTHER THAN TO ANSWER QUESTIONS RAISED BY THE UNAFFECTED TRUSTEES), AFTER DETERMINING, IN GOOD FAITH AND AFTER REASONABLE INVESTIGATION, AND THAT THE TRANSACTION OR ARRANGEMENT IS FAIR AND REASONABLE TO THE TRAINING PARTNERSHIP AND IS IN THE BEST INTEREST OF THE TRAINING PARTNERSHIP, OR THE TRANSACTION OR ARRANGEMENT IS IN FACT FAIR TO THE TRAINING PARTNERSHIP, FURTHERS THE TRAINING PARTNERSHIP'S PURPOSES, AND DOES NOT RESULT IN A VIOLATION OF THE INTERNAL REVENUE CODE. CONSIDERATION OF ACTUAL OR POTENTIAL CONFLICTS OF INTEREST SHALL BE DOCUMENTED IN MINUTES OF THE MEETING OF THE BOARD OF TRUSTEE (OR A COMMITTEE THEREOF) BY CONTAINING: 1) THE NAMES OF THE PERSONS WHO DISCLOSED AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST OR OTHERWISE WERE FOUND TO HAVE A CONFLICT OF INTEREST; 2) THE NATURE OF THE CONFLICT OF INTEREST; 3) ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT; 4) THE TRUSTEES' DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED; 5) THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT; 6) THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES CONSIDERED TO THE PROPOSED TRANSACTION OR ARRANGEMENT; AND 7) A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE ISSUE. |
| FORM 990, PART VI, SECTION B, LINE 15 |
COMPENSATION FOR THE TRAINING PARTNERSHIP'S EXECUTIVE DIRECTOR IS SET AND REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES, PURSUANT TO REVIEWS OF COMPARABLE MARKET PAY. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE GENERAL PUBLIC UPON WRITTEN REQUEST TO THE ORGANIZATION AT: 215 COLUMBIA ST STE 300, SEATTLE, WA 98104. |
| FORM 990, PART IX, LINE 11G |
OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 81,025. MANAGEMENT AND GENERAL EXPENSES 32,660. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 113,685. IT PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 1,080,302. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,080,302. CURRICULUM DEVELOPMENT: PROGRAM SERVICE EXPENSES 6,946,447. MANAGEMENT AND GENERAL EXPENSES 130,884. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,077,331. |
| FORM 990, PART XII, LINE 2C: |
THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Attach to Form 990 or 990-EZ.