Attach to Form 990 or 990-EZ.| Identifier | Return Reference | Explanation |
|---|---|---|
| ALL OTHER ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | OTHER EXPENSES TO FURTHER THE ORGANIZATIONS MISSION. |
| CLASSES OF MEMBERS OR STOCKHOLDERS | FORM 990, PAGE 6, PART VI, LINE 6 | YES, KENTUCKIANS OF THE COMMONWEALTH HAS MEMBERS. |
| ELECTION OF MEMBERS AND THEIR RIGHTS | FORM 990, PAGE 6, PART VI, LINE 7A | THE GOVERNING BODY (STEERING COMMITTEE) IS ELECTED BY KFTC MEMBERS. CHAPTERS ELECT A REPRESENTATIVE TO THE GOVERNING BODY. AT THE ANNUAL MEETING, THE MEMBERSHIP ELECTS THE OFFICERS THAT COMPRISE THE EXECUTIVE COMMITTEE. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | A COPY OF THE THE 990 AND AUDIT REPORT IS PROVIDED TO THE FINANCE COMMITTEE AND STEERING COMMITTEE (GOVERNING BODY) BEFORE FILING. |
| ENFORCEMENT OF CONFLICTS POLICY | FORM 990, PAGE 6, PART VI, LINE 12C | KFTC'S GENERAL POLICIES INCLUDE AN ANTI-NEPOTISM STATEMENT. THE "STATEMENT OF INDIVIDUAL STEERING COMMITTEE MEMBER'S RESPONSIBILITIES" INCLUDES A CONFLICT OF INTEREST SECTION. THESE POLICIES ARE MONITORED AND ENFORCED BY THE GOVERNING BODY. |
| COMPENSATION PROCESS FOR TOP OFFICIAL | FORM 990, PAGE 6, PART VI, LINE 15A | COMPENSATION SCALE WAS CREATED BASED UPON RESEARCH INCLUDING HOW OTHER SIMILAR ORGANIZATIONS APPROACH COMPENSATION. EACH YEAR ALL EMPLOYEES RECEIVE A COST OF LIVING ALLOWANCE. WHEN RESOURCES ARE AVAILABLE, EACH YEAR EMPLOYEES RECEIVE A RAISE BASED ON ACCRUING AN ADDITIONAL YEAR OF EXPERIENCE. THE SALARY SCALE WAS CREATED AND APPROVED BY THE GOVERNING BODY IN 2005. IT HAS BEEN ADJUSTED EACH YEAR FOR INFLATION. IT WAS MOST RECENTLY REVIEWED IN 2011 BY THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE. |
| COMPENSATION PROCESS FOR OFFICERS | FORM 990, PAGE 6, PART VI, LINE 15B | COMPENSATION SCALE WAS CREATED BASED UPON RESEARCH INCLUDING HOW OTHER SIMILAR ORGANIZAITONS APPROACH COMPENSATION. EACH YEAR ALL EMPLOYEES RECEIVE A COST OF LIVING ALLOWANCE. WHEN RESOURCES ARE AVAILABLE, EACH YEAR EMPLOYEES RECEIVE A RAISE BASED ON ACCRUING AN ADDITIONAL YEAR OF EXPERIENCE. THE SALARY SCALE WAS CREATED AND APPROVED BY THE GOVERNING BODY IN 2005. IT HAS BEEN ADJUSTED EACH YEAR FOR INFLATION. IT WAS MOST RECENTLY REVIEWED IN 2011 BY THE FINANCE COMMITTEE AND THE EXECUTIVE COMMITTEE. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | FORM 990, PAGE 6, PART VI, LINE 19 | KFTC'S GOVERNING DOCUMENTS & FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC. TO OBTAIN, ONE MUST MAKE A REQUEST IN WRITNG TO OUR MAIN OFFICE AT P.O. BOX 1450 LONDON, KY 40743. WE MAY REQUIRE THAT PERSON TO REIMBURSE FOR COPYING AND POSTAGE. |
| OTHER CHANGES IN NET ASSETS EXPLANATION | FORM 990, PART XI, LINE 5 | OTHER CHANGES IN NET ASSETS OR FUND BALANCES ARE DUE TO NET UNREALIZED LOSSES ON INVESTMENTS (12,740). IN ADDITION, A DIFFERENCE OF 5,167 IS DUE TO AN IMMATERIAL AUDIT / TAX DIFFERENCE ON STOCK BASIS IN A REALIZED SALE. THE TOTAL OF THESE TWO ITEMS IS THE (7,573)LISTED HEREIN. |
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