Behavioral Science Centers

“George Kappas and Sandra Kappas are former spouses. George Kappas is the Corporate President; Sandra Kappas is the corporate Secretary and Treasurer. John Kappas, son of George and Sandra Kappas, is the Vice President. George Kappas, Sandra Kappas, and John Kappas also serve as directors of the Corporation”

“The organization is a California nonprofit public benefit corporation and has three members with equal voting rights.”

“The organizations members have the power to elect the members of the Board of Directors, subject to the California Corporations Code section which provides that no more than 49% of the Board may be interested persons.”

“Generally, the activities and affairs of the organization are managed and all corporate powers are exercised under the ultimate direction of the Board. Notwithstanding the foregoing, the following actions require consent of the members: (i) the sale, exchange or other disposition of any asset or group of similar assets with a combined fair market value in excess of $50,000, (ii) the licensing or other transfer of intellectual property (or rights thereto) of the organization for consideration of any kind to any other party, (iii) the approval of annual operating and capital budgets, which are required to be prepared by the organization and submitted to the members for approval at least sixty (60) days prior to the start of the fiscal year for which such budgets have been prepared, (iv) the making of any loans to any person or entity, other than loans made in the ordinary course of business in an aggregate amount not to exceed $250,000, and (v) the amendment or repeal of the bylaws.”

“Form 990 is reviewed by the officers prior to submission. It is also provided to the Board of Directors.”

“Pursuant to the conflict of interest policy, the officers, directors, and key employees of the corporation are required to annually disclose interests that could give rise to conflicts. The Corporation monitors and enforces compliance with the policy through an annual questionnaire and affirmation, and disclosure statement issued to all officers, directors, and key employees.”

“Pursuant to the conflict of interest policy adopted by the organization, any increases made to the compensation of the organization's President, and other officers and key employees, are expected to be determined through a process which will establish the rebuttable presumption of the reasonableness under Treas. Reg. Section 53.4958-6 with respect to such person's entire compensation package.”

“The procedures are the same as described for part VI, line 15a.”

“No documents available to the public.”