The Leash Inc

“The organization has members in seven different classes. They are as follows: life, honorary, regular, jr regular, non-resident, senior and international members. The only class that has an equitable interest should the club disengage activities is the regular member class. It is also the only class that can elect governors at the annual meeting.”

“Question 7a-the regular member class is the only class that can elect the board of governors. This is done at the annual meeting at the end of the fiscal year.”

“Question 7b-some decisions that are not daily club decisions are subject to approval by the regular members only. Most decisons are made directly by the board of governors.”

“The form 990 is reviewed by the treasurer and board of directors before it is filed with the internal revenue service.”

“Overview as a tax-exempt organization, the leash is required to provide certain information about the types of policies that it has or does not have on certain regulatory filings regarding such policies. One such policy relates to conflict of interest or "coi". It applies to all board members, officers and any committee members who are purchasing goods or services for the club because such individuals in their official capacities have a fiduciary duty to the club and its members. In short, all such individuals in their official capacities have an obligation to always put the club's interests ahead of their own personal interests and negotiate for the club's best execution. No such individual should take commissions or compensation in cash or in-kind and if such individual has a perceived or actual conflict, such individual is obligated to disclose it to the board defining a conflict a conflict of interest can potentially arise any time we are purchasing goods or services for the club, generally in two ways. First, the individual arranging the purchase on behalf of the club is receiving some kind of compensation for organizing the purchase. For our coi policy, we exclude any incidental gifts below $100 (such as a bottle of wine, a free cap, tee-shirt, a drink or two, etc.). Second, when the club is contracting with a vendor that is affiliated with a member (such as a leash trip at delphi) which is fine, as long as it is at arms' length pricing and disclosed to the board. Below is a list of pre-approved affiliate transactions. Approving a conflict if you believe that there is an actual or potential conflict, please bring it to the board for approval. Almost any conflict can be waived with transparency and full disclosure. The disinterested members of the board will vote to approve or disapprove the transaction giving rise to any such potential or actual conflict of interest. Who is subject to the coi policy? All board members, officers, committee members or other members handling matters for the club are obligated to abide by the club's coi policy and by accepting such positions each of them confirm their understanding of the coi policy and agree to abide by this coi policy. The coi policy applies to affiliates and family members to the extent that they are involved in a potential transaction. Remedies the board will determine any remedies for a violation of its coi policy, including, without limitation, removal from their position on the board, officer position, committee and/or the club. Pre-approved affiliate transactions delphi club (andrew tucker and robert ford) port of missing men (michael meehan) flint hill preserve (andrew tucker) eshelman -vogt ranch (will vogt)”

“The organization (management) has established a conflict of interest policy (see question 12c). The financial statements and other records are provided in a timely fashion to the public as per request.”

“Catering services: program service expenses 57,266. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,266. Beverages: program service expenses 49,066. Management and general expenses 0. Fundraising expenses 0. Total expenses 49,066. Utilities & telephone: program service expenses 25,503. Management and general expenses 6,687. Fundraising expenses 0. Total expenses 32,190. Food: program service expenses 27,405. Management and general expenses 0. Fundraising expenses 0. Total expenses 27,405. Club merchandise: program service expenses 26,855. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,855. Recruitment and other costs: program service expenses 4,779. Management and general expenses 19,115. Fundraising expenses 0. Total expenses 23,894. Printing supplies: program service expenses 9,106. Management and general expenses 9,105. Fundraising expenses 0. Total expenses 18,211. Cable/fire/key card: program service expenses 9,038. Management and general expenses 2,260. Fundraising expenses 0. Total expenses 11,298. Miscellaneous expenses: program service expenses 4,855. Management and general expenses 1,618. Fundraising expenses 0. Total expenses 6,473. Extra help: program service expenses 4,798. Management and general expenses 1,263. Fundraising expenses 0. Total expenses 6,061. Payroll processing fees: program service expenses 2,434. Management and general expenses 608. Fundraising expenses 0. Total expenses 3,042. Laundry & cleaning: program service expenses 2,014. Management and general expenses 503. Fundraising expenses 0. Total expenses 2,517. Bank charges: program service expenses 338. Management and general expenses 84. Fundraising expenses 0. Total expenses 422. Licenses & permits: program service expenses 28. Management and general expenses 7. Fundraising expenses 0. Total expenses 35.”

“The client's process has not changed and there is a comittee that reviews and approves the compiled report.”