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 | THE BOARD OF DIRECTORS RECEIVES A COPY OF THE TAX RETURN AND ANY QUESTIONS REGARDING THE RETURN ARE DIRECTED TO THE CPA WHO PREPARES THE RETURN. ALL QUESTIONS ARE ANSWERED PRIOR TO FILING FORM 990. |
| FORM 990, PART VI, SECTION B, LINE 12C | NO MEMBERS OF THE BOARD ARE RELATED TO ONE ANOTHER. ANNUAL MONITORING OF THE CONFLICT OF INTEREST IS MAINTAINED BY THE ORGANIZATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS (ALL OF WHOM ARE INDEPENDENT OF THE EXECUTIVE DIRECTOR) DETERMINES THE COMPENSATION OF THE CLUB'S EXECUTIVE DIRECTOR. THIS IS BASED ON KNOWLEDGE OBTAINED FROM OTHER SIMILAR POSITIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANICAL STATEMENTS ARE AVAILABLE FOR INSPECTION BY THE GENERAL PUBLIC UPON REQUEST. |
| PART XII, LINE 2C: COMMITTEE OVERSIGHT OF THE COMPILED FINANCIAL STATEMENTS | THE ANNUAL COMPILED FINANCIAL STATEMENTS ARE PREPARED BY THE CLUB'S CPA FIRM AT THE COMPLETION OF THE YEAR. THESE STATEMENTS INCLUDE A COMPARISON OF BUDGET TO ACTUAL SO THAT RESULTS CAN BE MONITORED. THE COMPILED FINANCIAL STATEMENTS ARE PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. |
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