Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| 990 PART IV, LINE 22 | THE ORGANIZATION DOES NOT NORMALLY HAVE MORE THAN $5,000 OF GRANTS/SCHOLARSHIPS PAID TO INDIVIDUALS. THE ORGANIZATION MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF GRANT AND THE SELECTION CRITERIA USED TO AWARD THE GRANTS. APPLICATIONS ARE ACCEPTED BY THE ORGANIZATION UNTIL THE STATED DEADLINE. SOME OF THE CRITERIA REQUIRED IN ORDER TO BE CONSIDERED FOR THE GRANT INCLUDE A TIMELY SUBMITTED APPLICATION AND TWO TEACHER EVALUATIONS. THE SCHOLARSHIP GRANT COMMITTEE REVIEWS THE APPLICATIONS AND EVALUATIONS AND DETERMINE THE TOP THREE CANDIDATES WHO WILL BE GRANTED THE AWARD, ACCORDING TO THE SELECTION CRITERIA. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE 990 IS PRESENTED FOR REVIEW BY THE EXECUTIVE DIRECTOR AND THE SIGNING OFFICER OF THE ORGANIZATION BEFORE FILING WITH THE IRS. AT A TIME EITHER BEFORE OR AFTER THE FILING OF THE 990, THE RETURN WILL ALSO PRESENTED TO THE ENTIRE BOARD FOR REVIEW AND COMMENT. | |
| FORM 990, PART VI, SECTION B, LINE 12 | MEMBERS ARE REQUIRED TO MAKE KNOWN AT THE BEGINNING OF THE BOARD MEETING OR PRIOR TO ANY DISCUSSION ON THE RELATED SITUATION, ANY SITUATION IN WHICH THEY HAVE DIRECT INVOLVEMENT WITH, OR PERSONAL OR FINANCIAL INTEREST IN. THE REMAINING BOARD OF DIRECTORS WILL THEN DETERMINE ON A CASE BY CASE BASIS, WHETHER THERE IS A SUFFICIENT CONFLICT OF INTEREST TO WARRANT EXCLUSION FROM VOTING, OR DISCUSSION ON ANY MATTERS AT THE MEETINGS OF THE BOARD OF DIRECTORS. CURRENTLY, ANNUAL CONFLICT OF INTEREST DISCLOSURE IS NOT ACTIVELY REQUESTED, MONITORED OR ENFORCED BY THE ORGANIZATION. IT IS THE MEMBERS RESPONSIBILITY TO DISCLOSE SUCH TYPE SITUATIONS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION ADJUSTMENTS ARE DETERMINED BY RECOMENDATIONS FROM THE COMPENSATION COMMITTEE. THIS COMPENSATION COMMITTEE IS COMPOSED OF PAST PRESIDENTS OF THE ORGANIZATION. THIS RECOMMENDATION IS PROVIDED BY TAKING INTO CONSIDERATION COMPARABILITY DATA AS WELL AS LOCAL EMPLOYMENT AGENCY DATA. | |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL DOCUMENTS THAT ARE REQUIRED TO BE OPEN TO PUBLIC INSPECTION ARE AVAILABLE UPON REQUEST. . | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 5,467. PRIOR PERIOD ADJUSTMENTS: 9,450. OVERSTATED EXPENDITURES ON THE PRIOR PERIOD 990S |
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