| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 PREPARED BY CPA, REVIEWED BY SENIOR STAFF, COUNSEL AND SUBMITTED TO BOARD FOR REVIEW. |
| FORM 990, PART VI, SECTION B, LINE 12C | PROTEUS ACTION LEAGUE HAS A WRITTEN CONFLICT OF INTEREST POLICY DISTRIBUTED ANNUALLY, AND EACH BOARD MEMBER, KEY EMPLOYEE, OFFICER, AND BOARD COMMITTEE MEMBER IS REQUIRED ANNUALLY TO SIGN A STATEMENT THAT IT HAS RECEIVED A COPY OF THE POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY |
| FORM 990, PART VI, SECTION B, LINE 15 | ALTHOUGH PROTEUS ACTION LEAGUE DOES NOT HAVE EMPLOYEES, STAFF OF ITS ASSOCIATED ORGANIZATION, PROTEUS FUND INC., PROVIDES SERVICES UNDER A RESOURCE SHARING AGREEMENT, FOR WHICH PROTEUS ACTION LEAGUE REIMBURSES PROTEUS FUND INC. IN MAKING COMPENSATION DECISIONS FOR THE CEO, THE BOARD OF DIRECTORS OF PROTEUS FUND REVIEWS DATA AS PRESENTED BY QUATT ASSOCIATES, WHO CONDUCTED A COMPREHENSIVE REVIEW BASED ON COMPARABLE MARKETPLACE DATA TO DETERMINE A COMPETITIVE MARKET SALARY, IN ACCORDANCE WITH THE INTERNAL REVENUE CODE AND TREASURY REGULATIONS |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE UPON WRITTEN REQUEST ON A CASE BY CASE BASIS. |
| FORM 990, PART IX, LINE 11G | CONSULTANTS: PROGRAM SERVICE EXPENSES 173,973. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 173,973. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 34,304. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 34,304. |
| FORM 990 PART XII, LINE 2C | THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE YEAR. |
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