Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 7B | THE ACTIONS OF THE EXECUTIVE COMMITTEE ARE REPORTED TO THE BOARD WHICH AUTHORIZES THEM, AND APPROVES THE MINUTES AT EACH SUBSEQUENT BOARD MEETING. THE ENTIRE YEAR'S MINUTES ARE THEN VOTED ON AND APPROVED BY THE HOUSE OF DELEGATES AT THE ANNUAL CONVENTION EACH YEAR. THAT BODY ALSO APPROVES THE MINUTES FROM THE PREVIOUS YEAR'S HOUSE OF DELEGATES. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE EXECUTIVE BOARD REVIEWS AND APPROVES THE FORM 990 AND A COPY IS PROVIDED TO THE FULL BOARD PRIOR TO FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE BOARD REVIEWS ANY CONFLICT OF INTEREST ISSUES AT LEAST ANNUALLY, BASED ON THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | ONCE A YEAR, AT BUDGET TIME, THE EXECUTIVE COMMITTEE REVIEWS AND EVALUATES THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR'S COMPENSATION IS RECOMMENDED, REVIEWED AND APPROVED BY THE APPROPRIATE COMMITTEE AND THE BOARD OF DIRECTORS. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. IN ADDITION, THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ANNUAL CONVENTION DURING THE HOUSE OF DELEGATES MEETING. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 65,262. PRIOR PERIOD ADJUSTMENTS: -295,451. TOTAL TO FORM 990, PART XI, LINE 5: -230,189. |
| AUDIT COMMITTEE | FORM 990, PART XII, LINE 2C | THE OVERSIGHT POLICIES AND SELECTION OF AN INDEPENDENT ACCOUNTANT BY THE AUDIT COMMITTEE HAS NOT CHANGED SINCE PRIOR YEAR. |
| AMENDMENTS | FORM 990 - AMENDED RETURN | AMENDED FORM 990, PART VIII AND PART IX: INCOME AND EXPENSE AMOUNTS HAVE BEEN AMENDED ON THIS FORM 990 AND CATEGORIZED IN ACCORDANCE WITH THE AUDITED FINANCIAL STATEMENTS. THE INITIAL 2010 FORM 990 FOR TEXAS OPTOMETRIC ASSOCIATION, INC. WAS PREPARED AND FILED BEFORE THE FINANCIAL AUDIT WAS COMPLETED. AS OF THE DATE OF FILING THIS AMENDED 990, THE 2010 AUDIT REPORT HAS BEEN COMPLETED AND ISSUED. SCHEDULE C, PART III-B, LINE 1 AND LINE 3: MEMBERSHIP DUES INCREASED BY $15,188 PER THE AUDITED FINANCIALS. AS A RESULT, LINE 3, NONDEDUCTIBLE SECTION 162(E) DUES, ALSO INCREASED. AMENDED FORM 990, PART X, COLUMN (B): END OF YEAR BALANCE SHEET AMOUNTS CHANGED TO AGREE WITH THE AUDITED FINANCIALS. AMENDED FORM 990, PART IV, LINE 11E: THE RESPONSE TO THIS QUESTION SHOULD BE YES. END OF YEAR BALANCE SHEET AMOUNTS CHANGED TO AGREE WITH THE AUDITED FINANCIALS. ADDITIONALLY, SCHEDULE D, PART X WAS COMPLETED. AMENDED FORM 990, PART IV, LINE 11F: THE RESPONSE TO THIS QUESTION SHOULD BE YES. THE INITIAL 2010 FORM 990 WAS FILED BEFORE THE FINANCIAL AUDIT WAS COMPLETED. AS OF THE DATE OF FILING THIS AMENDED 990, THE 2010 AUDIT REPORT HAS BEEN COMPLETED AND ISSUED. ADDITIONALLY, SCHEDULE D, PART XIV PROVIDES A DESCRIPTION REGARDING FASB ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, AS DISCLOSED IN THE AUDIT REPORT. AMENDED FORM 990, PART IV, LINE 12A: THE RESPONSE TO THIS QUESTION SHOULD BE YES. THE INITIAL 2010 FORM 990 WAS FILED BEFORE THE FINANCIAL AUDIT WAS COMPLETED. AS OF THE DATE OF FILING THIS AMENDED 990, THE 2010 AUDIT REPORT HAS BEEN COMPLETED AND ISSUED. ADDITIONALLY, SCHEDULE D, PART XI, XII, AND XIII HAVE BEEN COMPLETED. AMENDED FORM 990, PART VI, SECTION B, LINE 11A: THE RESPONSE TO THIS QUESTION SHOULD BE YES. DUE TO THE TIME CONSTRAINT WHEN THE ORIGINAL FORM 990 WAS FILED, A DRAFT COPY WAS NOT PROVIDED TO THE BOARD OF DIRECTORS. WITH THE FILING OF THIS AMENDED FORM 990, A DRAFT COPY OF THIS FORM WILL BE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. AMENDED FORM 990, PART XI, LINE 5: OTHER CHANGES TO NET ASSETS DECREASED BY $234,021 PER THE AUDITED FINANCIALS. AMENDED FORM 990, PART XII, LINE 2B AND 2C: THE RESPONSES TO THESE QUESTIONS SHOULD BE YES. THE INITIAL 2010 FORM 990 WAS FILED BEFORE THE FINANCIAL AUDIT WAS COMPLETED. AS OF THE DATE OF FILING THIS AMENDED 990, THE 2010 AUDIT REPORT HAS BEEN COMPLETED AND ISSUED. ADDITIONALLY, SCHEDULE O PROVIDES DETAILS ON THE AUDIT COMMITTEE'S POLICIES. |
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