International Security Management Association

“The association has members, whose eligibility, rights and duties are oulined in the bylaws.”

“Per the association bylaws, active members of the association annually elect the members of the board of directors.”

“Certain governance matters are subject to approval of the membership as outlined in the bylaws of the association, for example, changes to the bylaws require a vote of the membership.”

“The form 990 is submitted to the board of directors for review prior to filing. The governance, management, and disclosure requirements of part vi are discussed with directors on an annual basis.”

“The executive committee review compliance.”

“The executive director of the association is reviewed annually via a formal performance evaluation. This evaluation serves as a basis for compensation and incentive bonus. Periodically, an analysis is performed of compensation levels for comparable positions in the industry. See line 15a explanation above.”

“Governing documents, conflict of interest policy, and , financial statements are made available to the public, both, on the isma website and upon request to the isma office.”

“Annually, isma directors are required to report any conflict of interests, and sign a conflict of interest statement. The executive committee review compliance.”

“This return is being amended to report the disallowed wage deduction under section 2301(e) of the cares act for wages claimed for the employee retention credit (erc). The amount of the erc claimed by the taxpayer for tax year 2021 is $28,000. Section 2301(e) of the cares act disallows a deduction for the portion of wages paid equal to the amount of the credit. Therefore, wage expense has been reduced by the amount of the erc. Page 1, line 15 - as originally filed: 370,087 page 1, line 15 - as amended: 342,087 page 1, line 18 - as originally filed: 910,629 page 1, line 18 - as amended: 882,629 page 1, line 19 - as originally filed: 321,266 page 1, line 19 - as amended: 349,266 page 1, line 20 - as originally filed: 1,991,802 page 1, line 20 - as amended: 2,029,802 page 1, line 22 - as originally filed: 1,464,320 page 1, line 22 - as amended: 1,502,320 page 2, line 4a - expenses - as originally filed: 355,400 page 2, line 4a - expenses - as amended: 341,400 part ix statement of functional expenses page 10, line 7b - other salaries and wages - as originally filed: 56,012 page 10, line 7b - other salaries and wages - as amended: 42,012 page 10, line 7c - other salaries and wages - as originally filed: 111,498 page 10, line 7c - other salaries and wages - as amended: 97,498 page 10, line 25b - total functional expenses - as originally filed: 565,321 page 10, line 25b - total functional expenses - as amended: 551,321 page 10, line 25c - total functional expenses - as originally filed: 345,308 page 10, line 25c - total functional expenses - as amended: 331,308 part x balance sheet page 11, line 15 - other assets - as originally filed: 500 page 11, line 15 - other assets - as amended: 38,500 page 11, line 16 - total assets - as originally filed: 1,991,802 page 11, line 16 - total assets - as amended: 2,029,802 page 11, line 27 - as originally filed: 1,464,320 page 11, line 27 - as amended: 1,502,320 page 11, line 32 - total net assets or fund balance - as originally filed: 1,464,320 page 11, line 32 - total net assets or fund balance - as amended: 1,502,320 page 11, line 33 - total liabilities and net assets or fund balance - as originally filed: 1,991,802 page 11, line 33 - total liabilities and net assets or fund balance - as amended: 2,029,802 part xi reconciliaition of net assets page 12, line 3 - revenue less expenses - as originally filed: 321,266 page 12, line 3 - revenue less expenses - as amended: 349,266 page 12, line 10 - net assets at the end of year - as originally filed: 1,464,320 page 12, line 10 - net assets at the end of year - as amended: 1,502,320”