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FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY AN INDEPENDENT OUTSIDE ACCOUNTANT UPON COMPLETION OF THE AUDITED FINANCIAL STATEMENTS AND IS REVIEWED IN DETAIL BY MANAGEMENT. THE 990 AND ALL SCHEDULES ARE PRESENTED TO THE BOARD FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING OF THE RETURNS. |
FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION MONITORS POTENTIAL CONFLICTS OF INTEREST TO THE ORGANIZATION BY REQUIRING ANNUAL DISCLOSURE OF FAMILY AND BUSINESS RELATIONSHIPS BY EACH OFFICER, KEY EMPLOYEE AND BOARD MEMBER. THE BOARD IS ACTIVE IN EVALUATING THE RELATIONSHIPS ADN EVALUATING THE EFFECT ON THE ORGANIZATION. TRANSACTIONS WITH BOARD MEMBERS ARE SUMMARIZED AND REVIEWED WITH THE BOARD QUARTERLY. ALL BOARD MEMBERS ABSTAIN FROM ANY VOTING ISSUE WHEREBY A CONFLICT OF INTEREST MAY EXIST. |
FORM 990, PART VI, SECTION B, LINE 15 | THE ORGANIZATION HAS ADOPTED BEST PRACTICE PROCEDURES IN ANNUALLY EVALUATING THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES. THE POLICY INCLUDES COMPLETION OF AN ANNUAL REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE. IN ADDITION, INDEPENDENT COMPENSATION SURVEYS ARE UTILIZED BY THE COMMITTEE IN THE APPROVAL PROCESS. |
FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, POLICIES AND PROCEDURES AND FINANCIAL STATEMENTS AVAILABLE TO PUBLIC UPON REQUEST. |
FORM 990, PART XI, LINE 9: | CHANGE IN NET INTEREST IN FOUNDATION 21,444. |
FORM 990, PART XII, LINE 2C | THE ORGANIZATION'S AUDIT COMMITTEE REVIEWS AND APPROVES THE DRAFT AUDIT PRIOR TO ISSUANCE. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
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