| Return Reference | Explanation |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 1 - ORGANIZATION'S MISSION | BRIXY IS A TRADE ASSOCIATION OF INDEPENDENTLY OWNED BRICK AND MORTAR STORES IN THE JUVENILE INDUSTRY. THE GOAL OF THE ORGANIZATION IS TO UNITE THESE SPECIALTY STORES INTO A SINGLE ORGANIZATION IN ORDER TO GIVE THEM THE SCALE NEEDED TO NEGOTIATE WITH MANUFACTURERS, MARKET TO CONSUMERS ON A NATIONAL LEVEL, AND ACHIEVE OTHER ECONOMIES OF SCALE IN PURCHASING TRAINING OR OTHER OPERATING EXPENSES. |
| FORM 990, PART VI, SECTION A, LINE 6 | SPECIALTY RETAILERS IN THE JUVENILE INDUSTRY THAT MEET THE ELIGIBILITY CRITERIA SET FORTH IN THE MEMBERSHIP CRITERIA POLICY ADOPTED BY THE BOARD OF DIRECTORS ARE ELIGIBLE TO BECOME MEMBERS. A MEMBER IS DEFINED AS A SINGLE BUSINESS ENTITY, REGARDLESS OF THE NUMBER OF BRICK AND MORTAR STORES OWNED BY THAT ENTITY. MULTIPLE MEMBERSHIPS ARE NOT REQUIRED OR PERMITTED FOR MULTIPLE BRICK AND MORTAR LOCATIONS. EACH MEMBER, MEANING EACH BUSINESS ENTITY, IS ALLOTTED ONE VOTE, PROVIDED THE MEMBER IS IN GOOD STANDING. THE BOARD OF DIRECTORS MAY ESTABLISH OTHER MEMBERSHIP CLASSES THAT HAVE NO VOTE AND THAT ARE INELIGIBLE TO SERVE AS DIRECTORS OR OFFICERS. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE DIRECTORS, EXCEPT FOR THE EXECUTIVE DIRECTOR, ARE ELECTED BY BRIXY'S MEMBERS AT THE ANNUAL MEETING. VOTING AT MEMBERSHIP MEETINGS MAY BE IN PERSON BUT NOT BY PROXY WITH EACH VOTING MEMBER HAVING A SINGLE VOTE. A MAJORITY OF THOSE VOTING WHERE A QUORUM IS PRESENT CARRIES ACTION. A QUORUM FOR MEMBERSHIP VOTING IS 10% OF THE VOTING MEMBERS. MEMBERS MAY VOTE WITHOUT A MEETING IN ELECTIONS OR ON ANY MATTER PRESENTED BY THE BOARD OF DIRECTORS WHERE THE VOTES ARE SUBMITTED IN WRITING BY POSTAL OR OTHER DELIVERY OR BY ELECTRONIC MEANS AND A QUORUM PARTICIPATES. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE DIRECTORS, EXCEPT FOR THE EXECUTIVE DIRECTOR, ARE ELECTED BY BRIXY'S MEMBERS AT THE ANNUAL MEETING. VOTING AT MEMBERSHIP MEETINGS MAY BE IN PERSON BUT NOT BY PROXY WITH EACH VOTING MEMBER HAVING A SINGLE VOTE. A MAJORITY OF THOSE VOTING WHERE A QUORUM IS PRESENT CARRIES ACTION. A QUORUM FOR MEMBERSHIP VOTING IS 10% OF THE VOTING MEMBERS. MEMBERS MAY VOTE WITHOUT A MEETING IN ELECTIONS OR ON ANY MATTER PRESENTED BY THE BOARD OF DIRECTORS WHERE THE VOTES ARE SUBMITTED IN WRITING BY POSTAL OR OTHER DELIVERY OR BY ELECTRONIC MEANS AND A QUORUM PARTICIPATES. |
| FORM 990, PART VI, SECTION B, LINE 11B | PRIOR TO FILING, THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, THEN SENT TO THE EXECUTIVE COMMITTEE CONSISTING OF THE BOARD PRESIDENT, VICE PRESIDENT, TREASURER AND ALL BABY & CHILD BOARD LIAISON, AND THEN CIRCULATED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW. |
| FORM 990, PART VI, SECTION C, LINE 19 | BRIXY MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. |
| FORM 990, PART III, LINE 4D, OTHER PROGRAM SERVICES: | NEGOTITATED DISCOUNTS WITH KEY MANUFACTURERS FOR THE RETAIL MEMBERS TO USE WHEN PLACING ORDERS. BRIXY OFFERED MEMBERS DISCOUNTS FROM APPROXIMATELY 80 MANUFACTURERS WITH 80% OF BRIXY MEMBERS PARTICIPATING IN AT LEAST ONE DISCOUNT PROGRAM. PROVIDED DISCOUNTS ON KEY OPERATING EXPENSES, SUCH AS CREDIT CARD PROCESSING AND SHIPPING. BRIXY OFFERS MORE THAN 35 DISCOUNTS ON OPERATING EXPENSES SUCH AS CREDIT CARD PROCESSING, PAYROLL PROCESSING, WORKERS COMPENSATION INSURANCE, ETC. |
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