| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE MEMBER OF THE ACADEMY SHALL BE THE ALEXANDER GRAHAM BELL ASSOCIATION FOR THE DEAF AND HARD OF HEARING. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE ACADEMY BOARD OF DIRECTORS SHALL CONSIST OF A MINIMUM OF SEVEN VOTING DIRECTORS APPOINTED BY THE AG BELL BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION A, LINE 7B | NO DISSOLUTION, MERGER, CONSOLIDATION, SUBSTANTIAL TRANSFER OF ASSETS, SUBSTANTIAL ALTERATION OF PURPOSES, OR OTHER SIMILAR MATERICAL CHANGE TO THE ACADEMY SHALL BE EFFECTUATED WITHOUT THE PRIOR APPROVAL OF THE BOARD OF DIRECTORS OF AG BELL. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION PROVIDES A COPY OF THE FORM 990 TO THE GOVERNING BOARD BEFORE IT IS FILED. |
| FORM 990, PART VI, SECTION B, LINE 12C | CONFLICTS OF INTEREST IN ALL INSTANCES, DIRECTORS, OFFICERS AND EMPLOYEES OF THE CORPORATION SHOULD AVOID ALL ACTIONS INVOLVING MATERIAL CONFLICTS OF INTEREST WITH THE CORPORATION. FROM TIME TO TIME, AS NECESSARY, THE BOARD MAY DEVELOP POLICY GUIDELINES TO HELP ENSURE THE AVOIDANCE OF ANY SUCH MATERIAL CONFLICTS OF INTEREST. NO CONTRACT OR TRANSACTION WHICH MAY RESULT IN A DIRECT OR INDIRECT FINANCIAL OR PERSONAL BENEFIT TO ONE OF MORE OF THE CORPORATION'S DIRECTORS, OFFICERS, OR EMPLOYEES SHALL BE VOID OR VOIDABLE SOLELY FOR THIS REASON, IF: (1) THE MATERIAL FACTS OF THE INDIVIDUAL'S OR INDIVIDUALS' RELATIONSHIP OR INTEREST IN THE CONTRACT OR TRANSACTION ARE DISCLOSED OR ARE KNOWN TO THE BOARD, AND THE BOARD EXPLICITLY REVIEWS THE MATTER WITH THE CONCERNED INDIVIDUAL OR INDIVIDUALS ABSENT WHILE THAT MATTER IS BEING DISCUSSED; AND (2) THE BOARD IN GOOD FAITH AUTHORIZES THE CONTRACT OR TRANSACTION IN ADVANCE BY THE AFFIRMATIVE VOTE OF A MAJORITY OF THE DISINTERESTED DIRECTORS OR MEMBERS, EVEN THOUGH THE DISINTERESTED DIRECTORS OR MEMBERS MAY CONSTITUTE LESS THAN A QUORUM; AND (3) THE CONTRACT OR TRANSACTION IS FAIR TO THE CORPORATION AS OF THE TIME IT IS AUTHORIZED, APPROVED OR RATIFIED BY THE BOARD. INTERESTED DIRECTORS, OFFICERS OR OTHER INTERESTED INDIVIDUALS SHALL RECUSE THEMSELVES FROM BOARD MEETINGS DURING BOTH DISCUSSION AND VOTING IN CONNECTION WITH POTENTIAL OR ACTUAL CONFLICT OF INTEREST SITUATIONS. AN INTERESTED INDIVIDUAL MAY, HOWEVER, ANSWER QUESTIONS IF HE OR SHE OTHERWISE RECUSES HIMSELF OR HERSELF. INTERESTED DIRECTORS MAY BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM AT A MEETING OF THE BOARD AT WHICH THE BOARD AUTHORIZES THE CONTRACT OR TRANSACTION AT ISSUE. |
| FORM 990, PART VI, SECTION B, LINE 15A | THE ACADEMY REQUESTS A COMPENSATION REPORT FROM INSPERITY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE COMPANY MAKES ITS GOVERNING DOCUMENTS AVAILABLE VIA WEBSITE, AND ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST UPON REQUEST FOR THE PERIOD AS SET FORTH IN IRC SECTION 6104(D). |
| FORM 990, PART XII, LINE 2C: | THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM THE PRIOR TAX YEAR. |
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