Form 990, Header, Line A |
We sincerely apologize for the tardiness of this return. The covid-19 pandemic interrupted our normal operations this year. Our meetings and normal work were disrupted, and as we grappled and adapted certain key activities we were delayed. We hope that given this unprecedented time the reasonable delay in our filing will be understood and forgiven. |
Form 990, Part VI, Section B, Line 11b |
Complete form 990 and all attachments are reviewed thoroughly by the finance committee and distributed for questions and review to entire governing board via email. |
Form 990, Part VI, Section B, Line 12c |
Great attention is given to potential conflict of interest. The policy is known and reviewed by all governance members. Any possible conflicts of interest are raised and examined thoroughly at each board meeting. Advisory board and board leadership likewise periodically explicitly probe for possible conflicts of interest. |
Form 990, Part VI, Section B, Line 15 |
Great care and deliberation is taken by TFS upon the decision to compensate any individual. Trustee/Officer Yaeir Heber is paid by TFS as an independent contractor for work done for the org. beyond his duties as an officer and trustee which are performed on a volunteer basis. As a project manager, he independently manages the multifaceted campus development project working with and coordinating the architects, engineers, entitlements, etc. Determination of his compensation is reviewed and updated annually, citing comparable compensation data. The matter is discussed in meetings from which he is recused. This information is examined and discussed by all of the trustees and a contracted amount is voted upon. |
Form 990, Part VI, Section C, Line 19 |
All corporate documents are available upon request, for physical visual inspection, or distribution of digital copies by request to our office in person, or via phone or email. Documentation as also available for lookup through our secretary of state and the IRS. |
Form 990, Part IX, Line 11g |
These are fees paid to various contractors associated with the planning, engineering, and developing of our campus, including geotechnical studies, environmental engineering, site planning, planning and permitting etc. |
Form 990, Part XI, Line 9 |
cumulated rounding |