FORM 990 - ORGANIZATION'S MISSION |
TO DRIVE SOCIAL GOOD THROUGH INNOVATIVE ECOSYSTEMS THAT FACIITATE COLLABORATION ACROSS DISCIPLINES. SUMMIT IMMPACT BUILDS ECOSYSTEMS OF INNOVATION AROUND ESCEPTIONAL SOCIAL IMPACT LEADERS. BY ACTIVATING THE SUMMIT COMMUNITY - A NETWORK OF ACTIVISTS, ARTISTS, ATHLETES, ENTEPRENEURS, PERFORMERS, AND SCIENTISTS - WE LEVERAGE THE POWER OF COLLABORATION AND CRATIVITY TO SCALE IMPACT OBJECTIVES IN SPECIFIC TOPIC AREAS. |
FORM 990, PAGE 6, PART VI, LINE 11B |
SUMMIT IMPACT'S FORM 990 WAS PREPARED BY THE EXTERNAL ACCOUNTING FIRM IN COLLABORATION WITH ITS FINANCIAL DEPARTMENT. A COMPLETED COPY OF THE FORM IS DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR ITS REVIEW AND COMMENT. UPON APPROVAL BY THE BOARD, THE FORM 990 IS ELECTRONICALLY FILED WITH THE IRS. |
FORM 990, PAGE 6, PART VI, LINE 12C |
SUMMIT IMPACT ESTABLISHED A CONFLICT OF INTEREST POLOCY THAT GOVERNS ALL OFFICERS, BOARD MEMBERS AND EMPLOYEES OF THE ORGANIZATION. THESE INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST TO THE FULL BOARD OF DIRECTORS PRIOR TO ENGAGING IN THE TRANSACTION AND /OR RELATIONSHIP. THE BOARD OF DIRECTORS SHALL DETERMINE BY MAJORITY VOTE WHETHER THE POTENTIAL TRANSACTION OR RELATIOSHIP IMPLICATES A CONFLICT OF INTEREST. IF A CONFLICT IS DEEMED TO EXIST, THE IMPACTED INDIVIDUAL WILL BE RECUSED FROM ANY DELIBERATION WITH RESPECT TO SUCH CONTRACT OR TRANSACTION AND THE REMAINING BOARD MEMBERS WILL RESOLVE THE CONFLICT IN MANNER THAT FULFILLS THEIR FIDUCIARY OBLIGATION TO THE ORGANIZATION. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON AND , WHEN APLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND WHEATHER A QUORUM IS PRESENT. |
FORM 990, PAGE 6, PART VI, LINE 15A |
YES |
FORM 990, PAGE 6, PART VI, LINE 19 |
SUMMIT IMPACT MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS. THE FORM 990 IS, LIKEWISE, PUBLISHED ON THE INTERNET AT WWW.GUIDESTAR.ORG. THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT MANAGEMENT'S DISCRETION. |
FORM 990, PART IX, LINE 11G |
OUTSIDE CONTRACTORS 58,106 48,378 2,583 FEES 5,060 319 0 TOTAL 63,166 48,697 2,583 |