| FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX ACCOUNTANT IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE AND ACCOUNTING DEPARTMENT. THE ASSISTANT TREASURER/CFO REVIEWS A DRAFT OF THE FORM 990; ADJUSTMENTS ARE MADE AS NECESSARY. A COMPLETE COPY OF THE FORM 990 IS THEN PROVIDED TO THE MEMBERS OF THE BOARD OF DIRECTORS (INCLUDING AUDIT COMMITTEE) AND LEGAL COUNSEL PRIOR TO SUBMISSION TO THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C |
ALL COVERED INDIVIDUALS, WHICH INCLUDES MEMBERS OF THE BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES, ARE REQUIRED TO SUBMIT CONFLICT OF INTEREST DISCLOSURE STATEMENTS TO THE ORGANIZATION'S CFO: (I) UPON THE OCCURRENCE OF AN EVENT BY WHICH A PERSON BECOMES A COVERED INDIVIDUAL, (II) ANNUALLY BY JULY 31ST OF EACH YEAR, AND (III) UPON OCCURRENCE OF ANY EVENT REQUIRING DISCLOSURE UNDER THE CONFLICT OF INTEREST POLICY. AT ANY TIME THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST HAS BEEN IDENTIFIED, THE CHIEF EXECUTIVE OFFICER AND THE CHIEF FINANCIAL OFFICER REVIEW THE CIRCUMSTANCES TO DETERMINE WHETHER AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST REQUIRES DISCLOSURE TO THE BOARD OF DIRECTORS. IN ADDITION, THE CFO CONFERS WITH EACH AFFILIATED ENTITY TO DETERMINE WHETHER OTHER CONFLICTS HAVE ARISEN IN CONNECTION WITH THE DISCLOSED MATTER. IF EITHER THE CHIEF EXECUTIVE OFFICER OR THE CHIEF FINANCIAL OFFICER IS THE INTERESTED PERSON, THE OTHER SHALL MAKE THE DETERMINATION; IF BOTH ARE INTERESTED PERSONS, THE DISCLOSURE SHALL BE PROVIDED TO ALL OF THE DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS. PRIOR TO ACTING ON ANY BUSINESS TRANSACTION WHERE A CONFLICT OF INTEREST EXISTS, THE BOARD OF DIRECTORS MUST AUTHORIZE OR APPROVE THE TRANSACTION IN GOOD FAITH BY A VOTE OF A MAJORITY OF THE DIRECTORS THEN IN OFFICE WITHOUT COUNTING THE VOTE OF THE INTERESTED PERSON(S). |
| FORM 990, PART VI, SECTION B, LINE 15 |
THE TIDES NETWORK BOARD OF DIRECTOR'S HUMAN CAPITAL COMMITTEE IS TASKED WITH REVIEWING THE CEO'S PERFORMANCE AND COMPENSATION ANNUALLY, UTILIZING COMPENSATION STUDIES TO DETERMINE APPROPRIATE COMPENSATION FOR THE CEO; THIS PROCESS IS DOCUMENTED IN THE MINUTES OF THE HUMAN CAPITAL COMMITTEE'S MINUTES. FOR OTHER OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION, COMPENSATION IS DETERMINED BY THE CEO, WHO ALSO UTILIZES COMPARABILITY STUDIES IN DETERMINING APPROPRIATE COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 |
THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART IX, LINE 11G |
PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 165,673. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 21,570. TOTAL EXPENSES 187,243. TEMPORARY AGENCY FEES: PROGRAM SERVICE EXPENSES 447,809. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 58,304. TOTAL EXPENSES 506,113. STAFF RECRUITMENT: PROGRAM SERVICE EXPENSES 44,113. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 5,744. TOTAL EXPENSES 49,857. CONSULTANTS/CONTRACTORS: PROGRAM SERVICE EXPENSES 1,491,379. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 194,176. TOTAL EXPENSES 1,685,555. OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 2,254. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 294. TOTAL EXPENSES 2,548. |
Attach to Form 990 or 990-EZ.