| FORM 990, ITEM B |
AN AMENDED FORM 990 FOR THE FYE 6/30/20 IS BEING FILED AS THE AUDITED FINANCIAL STATEMENTS HAVE BEEN ISSUED ON JUNE 30, 2021. FORM 990 PART VII, VIII, IX, X, XI, SCHEDULE A, SCHEDULE G, AND SCHEDULE J HAVE BEEN UPDATED TO REFLECT THE AUDITED FINANCIAL STATEMENTS. |
| FORM 990, PART V, LINE 2A |
EMPLOYEES ARE PAID THROUGH A PROFESSIONAL EMPLOYMENT ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. THE DRAFT FORM IS SUBMITTED TO MANAGEMENT FOR THEIR REVIEW AND COMMENTS. AFTER THE FINAL ADJUSTMENTS, MANAGEMENT WILL GIVE A COPY TO THE CEO, CFAO, AND BOARD LEADERSHIP ELECTRONICALLY FOR REVIEW AND APPROVAL. |
| FORM 990, PART VI, SECTION B, LINE 12C |
OUR BOARD MEMBERS SIGNED A CONFLICT OF INTEREST FORM WHEN THEY JOINED THE BOARD AND THE EXECUTIVE COMMITTEE MANAGES THE POTENTIAL CONFLICT OF INTEREST ON AN ON-GOING BASIS. |
| FORM 990, PART VI, SECTION B, LINE 15 |
INDEPENDENT CONSULTANTS MAKE RECOMMENDATIONS FOR CEO SALARY BASED ON RESEARCH AND COMPARISON OF NONPROFIT ORGANIZATIONS NATIONALLY AND IN THE SAN FRANCISCO BAY AREA, INCLUDING BUDGETS, FUNCTIONS AND SIZES OF THE ORGANIZAITON. THE CONSULTANTS SUBMIT THEIR ANALYSIS AND PROPOSAL TO THE PRESIDENT OF THE BOARD OF OUT & EQUAL WHO DISCUSS IN DETAIL THE OUTCOME AND MAKE THEIR RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR THEIR APPROVAL. COMPENSATION STUDIES ARE USED TO CREATE INDUSTRY APPROPRIATE RANGES AND EMPLOYEES ARE COMPENSATED WITHIN THE RANGE BASED ON EXPERIENCE AND PERFORMANCE. |
| FORM 990, PART VI, SECTION C, LINE 18 |
OUT & EQUAL PROVIDES AN ELECTRONIC COPY UPON REQUEST. COPIES ARE SENT VIA EMAIL. |
| FORM 990, PART VI, SECTION C, LINE 19 |
OUT & EQUAL PROVIDES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS UPON REQUEST. |
| FORM 990, PART XII, LINE 2C |
THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Attach to Form 990 or 990-EZ.