District Three Youth & Adults Inc.

“A special meeting of the board of directors is held prior to filing the 990. The 990 is sent to the board members with the meeting notice. The board of directors reviews the 990 at the meeting for corrections and final approval.”

“At the annual meeting of the board of directors, the members review the conflict of interest policies and complete a basic conflict of interest disclosure form. The organization evaluates purchases and contracts to insure that any relationship with potential vendors and contractors are known and discussed. Bids are obtained when significant projects are undertaken.”

“The board of directors uses the following process to determine the compensation for the organization's officers, key employees, ceo and executive director: 1. Impartial decision-makers the compensation arrangement must be approved in advance by the board of directors composed entirely of individuals who do not have a conflict of interest with respect to the compensation arrangement (for example, neither the executive director whose compensation is being determined, nor any of his/her family members, may be present during the discussion/debate and/or participate in the vote). 2. Comparability data when the board is considering compensation to officers or key employees, it must rely on comparability data that demonstrate the market value of the compensation in question. 3. Concurrent documentation the board must document (such us in the meeting minutes) how it reached its decisions, including the data on which it relied.”

“The board of directors follow the same process in determining the compensation of the ceo and executive director, as well as the compensation of officers and key employees.”

“The 990, governing policies, conflicts of interest policy, and financial statements are available for public inspection at the offices of the organization. The board of directors assumes responsibility for the oversight of the review of its financial statements, and the selection of an independent accountant who will conduct such review. This process has not changed from the prior year.”

“District three youth and adult, inc.'s mission is to provide educational and citizenship training for youth and adults, and to foster initiatives, in collaboration with other community organizations, to improve educational opportunities for the poor, and to advocate for community improvements and social progress.”