Ross Institute

“The organization does not compensate the top management official. Therefore, this line was answered no in accordance with the instructions”

“The Board of Trustees may, by resolution, designate five or more trustees (one of whom shall be the Chairperson of the Board of Trustees) to constitute an Executive Committee, and delegate to the Executive Committee any of the powers and authority of the Board of Trustees in the management of the business and affairs of the Corporation, except for: the amendment or repeal of Bylaws or the adoption of new Bylaws; the amendment or repeal of any resolution of the Board of Trustees that by its express terms is not so amendable or repealable; the filling of vacancies in the Board of Trustees or in any committee; the approval of any transaction in which a trustee or officer has an interest; and the granting of degrees or making removals from office.”

“Nicole Ross Eloff, President and Robert Eloff, Trustee - Family relationship”

“The Form 990 is prepared by an independent CPA firm. A preliminary draft of the organization's Form 990, including all required schedules, was provided to management. Management reviewed the draft Form 990 in detail, consulted with the organization's accountants and tax return preparers, and took all other measures necessary and appropriate to ensure that the final version of the Form 990 is complete and accurate to the best of their knowledge. A copy of the final version of the Form 990, including all required schedules, was provided to each member of the organization's Board of Trustees prior to filing with the IRS.”

“Each director, principal officer, key employee, and member of a committee with governing board delegated powers signs a conflict of interest statement annually which is reviewed by the officers. Should any potential conflicts of interest be disclosed, the interested party would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The Compensation Committee approves the officers and key employees compensation by performing an analysis and utilizing appropriate data as to the comparability of the compensation. The approval process was documented in the minutes.”

“The School makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Misc income - Total Revenue: 143014, Related or Exempt Function Revenue: 143014, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“(Expenses $ including grants of $)(Revenue $ 569,943) Other school programs - Auxiliary programs and income, including TECH program, housing for summer teachers, yearbook income and other various school programs and support activities.”

“Ross Institute does not file any W-2s as all employees are outsourced from a professional employment organization (PEO). The number reported on this line represents the number of employees the filing organizations leased from the PEO. Ross Institute reimburses the professional employment organization for the employees' compensation and the reimbursements are reported on 990 Part VII, Section A and 990 Part IX, Lines 5 - 10.”