Return Reference | Explanation |
---|---|
Form 990, Part VI, Section B, Line 11b | The Form 990 is reviewed by the Board of Trustees prior to filing. |
Form 990, Part VI, Section B, Line 12c | The written conflict of interest policy covers employees and trustees. Officers ensure that all of their employees required to submit a Conflict of Interest Statement do so. |
Form 990, Part VI, Section B, Line 15 | The College's President's compensation is reviewed and approved by the Executive Committee of the Board of Trustees with documentation in the minutes. |
Form 990, Part VI, Section C, Line 19 | Copies of the governing documents, the conflict of interest policy, and financial statements are made available upon request. |
Form 990, Part X, Line 14 | During the year ended May 31, 2016, the College changed its method of accounting for deferred bond issuance costs by adopting FASB Accounting Standards Update 2015-03, Interest-Imputation of Interest. Accordingly, bonds, notes payable and capital lease obligations are reported net of deferred bond issuance costs of $2,255,165 and $2,405,510 for the years ended May 31, 2016 and 2015, respectively. |
Software ID: | 15000352 |
Software Version: | v1.00 |