Danzforce Extreme Guild Inc.

“Form 990 is reviewed by members of board of directors.”

“In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board of committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. An interested person may take a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction of arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction of arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has a reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determined the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“When approving compensations for directors, officers and employees, contractors, and any other compensation contact or arrangement, in addition to complying with the conflict of interest policies, the board or a duly constituted compensation committee of the board shall also comply with the following additional requirements: -the term of compensation shall be approved by the board or compensation committee prior to the first payment of compensation -all members of the board or compensation committee who approve compensation arrangements must not have a conflict of interest -the board or compensation committee shall obtain and rely upon appropriate data as to comparability prior to approving the terms of compensation. Appropriate data may include: compensation levels paid by similarly situated organization, both taxable and tax-exempt, for functionally comparable positions, availability of similar services in the geographic area of this organization, current compensation surveys compiled by independent firms, actual written offers from similar institutions competing for the services of the person whom is the subject of the compensation arrangement.”

“Form 990 is available upon request.”

“Danzforce extreme (dfx) is not only about competing; it's about having fun, getting some exercise and making friends too at dfx, we believe that each dancer has the potential and the ability to increase his or her physical, emotional and intellectual well-being through our dance program and our competition team. The studio promotes values like teamwork and dedication and inspires all dancers to excel it also promotes strong self-confidence, self-respect, discipline, and appreciation through the fine arts of dance. The dfx competition team has won multiple awards on the regional and national stage under the direction of artistic director jaime reid. The dance studio is one of the top studios in the southeast region and the competition team has also won the debbie allen choreography award in 2014. The danzforce extreme guild is the support system that helps the dfx competition teams succeed. The dfx guild has parent volunteers that assist with conceptualizing and building props and also help with costumes and other logistics needed for the team to travel and compete. The guild also organizes fundraisers and team building events throughout the competition season. In addition, the studio and the guild have helped support the local community and organizations like ronald mcdonald house, back to nature wildlife refuge, traveling tutus and the coalition for homeless. We believe that it is through community service that we can teach and learn the value of human kindness.”

“Supplies for props 6,289 0 0 banquet 5,912 0 0 team wear 5,257 0 0 meals 3,647 0 0 dance shoes 3,024 0 0 picture packages 2,698 0 0 team building 1,856 0 0 total other expenses 1,801 0 0 rhinestones 1,760 0 0 stage rehersal 1,287 0 0 studio cleaning 1,270 0 0 music editing 1,125 0 0 eyelash 975 0 0 reconciliation discrepanc 912 0 0 subcontractors 793 0 0 gifts 654 0 0 showcase 604 0 0 choreography expense 350 0 0 earrings 328 0 0 supplies 56 0 0 bank charges 3 0 0 total 40,601 0 0”

“2,804 -2,804”