Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS DISTRIBUTED TO THE EXECUTIVE COMMITTEE FOR REVIEW BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12 | OFFICERS AND DIRECTORS ARE REQUIRED TO DISCLOSE ANY CONFLICTS ON AN ANNUAL BASIS AND SIGN THE CONFLICT OF INTEREST FORM FOR THEIR FILES. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE EXECUTIVE COMMITTEE REVIEWS FORM 990 RETURNS OF OTHER SIMILAR NON-PROFIT ORGANIZATIONS TO DETERMINE COMPENSATION. THE EXECUTIVE COMMITTEE DETERMINES THE AMOUNT OF THE INCREASE FOR THE EXECUTIVE DIRECTOR, AND THE BOARD APPROVES THE INCREASE DURING THE ANNUAL MEETING. BONUSES ARE DETERMINED BASED ON GENERATED REVENUE AND GOAL SETTING. THE EXECUTIVE DIRECTOR HAS THE AUTHORITY TO EVALUATE AND INCREASE SALARIES OF EMPLOYEES. MEDIAN SALARIES WERE REVIEWED PRIOR TO ANNUAL REVIEWS AND INCREASES BEING AWARDED. THESE INCREASES ARE THEN PRESENTED TO THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | NAWCO MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | TESTING COSTS 91,303. VIRTUAL PROCTOR DEVELOPMENT 21,660. WEBSITE MAINTENANCE 21,723. CONSULTING 5,331. OTHER PROFESSIONAL FEES 2,426. |
| FORM 990, PART XII, LINE 1, ACCOUNTING METHOD: | THE ACCOUNTING METHOD REPORTED ON FORM 990, PART XII, LINE 1 HAS BEEN UPDATED TO "ACCRUAL". NAWCO HAS UTILIZED THE ACCRUAL METHOD OF ACCOUNTING FOR ITS ACCOUNTING RECORDS AND FOR FORM 990 REPORTING SINCE ITS INCEPTION, AND HAS REPORTED ITS REVENUE, EXPENSES, ASSETS, LIABILITIES, AND FUND BALANCE ON THE ACCRUAL BASIS ON PREVIOUS YEARS' FORM 990 RETURNS. THE REPORTING OF THE ACCOUNTING METHOD AS "CASH" ON FORM 990, PART XII, LINE 1 IN PREVIOUS YEARS WAS IN ERROR. |
| Software ID: | |
| Software Version: |