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 form 990 is reviewed by the President and General Counsel before being filed. |
| Form 990, Part VI, Section B, Line 12c | Yearly reviews are performed and acknowledgement is made in writing. |
| Form 990, Part VI, Section B, Line 15a | Compensation was evaluated by a contracting company. The Board of Directors approves final compensation. |
| Form 990, Part VI, Section B, Line 15b | Compensation was evaluated by a contracting company. The Board of Directors approves final compensation. |
| Form 990, Part VI, Section C, Line 19 | Conflict of interest policy is available upon request. Bylaws and financial statements issued to Board annually and available to members upon request. |
| Form 990, Part XI, Line 8 | In 2022, ACN adopted FASB Accounting Standards Update (ASU) No. 2016-02, Leases, which established standards of accounting and financial reporting for leases by lessees and lessors. The new standard requires lessees to recognize right-of-use assets and related lease liabilities for lease classified as operating and finance on the balance sheet for all arrangements, and lessors to recognize net investment in leases on the balance sheet for all arrangements classified as nonoperating. As a result of adopting this new accounting standard prior period operating lease expense was increased from 0 to 22,091 for an increase in prior period expense of $22,091. This change subsequently decreased beginning equity for the year by $22,091. |
| Software ID: | 22015553 |
| Software Version: | 2022v5.0 |