SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
right arrow Attach to Form 990 or 990-EZ.
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OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
YOUTH LEADERSHIP INCUBATOR INC
 
Employer identification number

81-1543325
Return Reference Explanation
Form 990, Part VI, Section B, Line 11b The 990 Form is reviewed by the governing director of the organization as well as by 2 senior volunteers of the organization prior to submission.
Form 990, Part VI, Section B, Line 12c The governing director(s) are required to report any potential conflicts of interest to senior volunteers who manage the organization day-to-day. Similarly, senior volunteers must report potential conflicts of interest for themselves and all other volunteers to the governing directors. Reports are reviewed by a combination of 2 people between directors and senior volunteers, excluding the director/volunteer named in the report. Additionally, each senior volunteer and director must provide a written assurance clarifying any potential conflicts of interest two times per year.
Form 990, Part VI, Section B, Line 15 The organization does not currently have any paid directors or employees. However, the organization has adopted clear written policies that will determine any future salaries for the Executive Director or any other paid employee. The board of governing directors will vote to review and set the salaries based on market/industry comparability data.
Form 990, Part VI, Section C, Line 19 The governing documents, conflict-of-interest policy, and financial statements are available to the public upon request.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2022


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