| Form 990, Part VI, Section B, line 11 |
Form 990 is distributed to the CFO and Board Members for review. |
| Form 990, Part VI, Section B, line 12c |
VICS ethical conduct policy requires that each covered individual file, annually and when required, a conflict of interest disclosure statement. The information provided on this disclosure statement shall be available for inspection by the members of the Board and VICS's legal counsel, but shall otherwise be held in confidence except when, after consultation with the application VICS filing officer, the Board determines that best interest would be served by disclosure. |
| Form 990, Part VI, Section C, line 18 |
Made available upon request. |
| Form 990, Part VI, Section C, line 19 |
Made available upon request. |
| Form 990, Part XI, line 9: |
Adjustment to previously accrued contingent liability 739,226. |
| Prior Year Adjustment: |
During 2016, the Organization discovered a misstatement in its financial statements. |
| Adjustment to previously accrued contingent liability: |
During 2016, VICS received final judgement on a previously disclosed and accrued for contingent liability with the State of California. Due to the settlement, VICS became liable to the State of California for $120,000. In previous years, VICS had accrued $859,226 as a liability based on information available at the time. The difference between the actual liability and what was previously recorded, $739,226, was credited to Net Assets on the accompanying financial statements. As of December 31, 2015 no payments have been made in relation to this liability. |
Attach to Form 990 or 990-EZ.