Get Lit - Words Ignite Inc

“Board does not use committees at this time.”

“Form 990 is provided to all members of the board of directors and discussed before its filing.”

“Each director, officer, and committee member shall annually sign (1) a disclosure statement in the form attached to this conflict of interests policy, and (2) a statement that affirms that such person (i) has received a copy of this conflict of interests policy, (ii) has read and understands the policy, (iii) has agreed to comply with the policy and (iv) understands that the corporation is a charitable organization and that, in order to maintain its federal tax exemption under code section 501(c)(3), the corporation must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“Members of the board of directors discussed rates of compensation for equivalent positions to determine renumeration arrangements; board members then agreed to wage levels via meetings. Reviewed information avalable through compensation studies and local agencies and voted to determine compensation.”

“All documents are provided upon request.”

“Professional fees: program service expenses 473,579. Management and general expenses 111,614. Fundraising expenses 63,563. Total expenses 648,756.”

“This amended return contains the following changes to the amounts previously reported in the original return: part i, summary box 3, number of voting members of the governing body changed from 13 to 16 box 4, number of independent voting members of the governing body changed from 12 to 15 part vi, governance, management, and disclosure section a. Governing body and management box 1a changed from 13 to 16 box 1b changed from 12 to 15 part vii, compensation of officers, directors, trustees, key employees, highest compensated employees, and independent contractors the following directors were added: philip angelides cynthia m. Ruiz caprice young”

“The audit committee is responsible for the oversight of the audit of the financial statements and selection of an independent accountant. This process is unchanged from the prior year.”