Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder | Beaverton Farmers Market is organized as a not-for-profit corporation with an elected Board of Directors that serves as the governing body, as well as voting members who have approval and input into significant decisions of the governing body. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders | Beaverton Farmers Market members have voting rights to elect members of the Board of Directors and to make amendments to the market's bylaws. The bylaws can be amended by a majority vote of the membership, unless the change is merely an editorial change, in which case the members will be notified that the amendments have been made. All members also have input into the market's activities via the Board of Directors. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | Prior to the Board of Directors receiving a copy of the Form 990, the accountant and bookkeeper conduct a review of the document to verify the accuracy of its contents. The members of the Board of Directors then receive a copy of the complete Form 990 before it is filed with the IRS. The Board is given time to review the document and ask questions or clarify information. After the review is complete, the e-file Form 8879-EO (for the Form 990) is signed and the accountant is then instructed to file the Form 990 with the IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Our Conflict of Interest Policy covers the Board of Directors, officers, and staff. Persons covered by this policy review it annually and are required to disclose potential conflicts to the President. The President then follows the guidelines in the policy to determine the next steps including, but not limited to, disclosure to the board, recusal from discussions and/or decisions, and resignation. In addition, our staff will monitor proposed or ongoing transactions for conflicts of interest and disclose them with the President of the Board of Directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Beaverton Farmers Market makes copies of governing documents (Articles of Incorporation, Bylaws, and Policies), Form 990, and any other legally required documents, available for public inspection by request in person at the market office or in writing. |
| Software ID: | 18007218 |
| Software Version: | 2018v3.1 |