Eagle Ledge Foundation Inc.

“On May 18, 2022, the Organization filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of California. The Organization continues to operate its business as a debtor-in-possession under the jurisdiction of the Bankruptcy Court and in accordance with the applicable provisions of the Bankruptcy Code. The first distribution under the plan was made in April 2024, followed by a second distribution in April 2025. Two additional distributions are scheduled, with the third expected in April 2026 and the final distribution in April 2027. Each distribution is equal to 50% of the cash available at the respective distribution date. As of the date of plan confirmation, substantially all prepetition claims were classified as liabilities subject to compromise and are being resolved in accordance with the Plan of Reorganization. Final amounts are dependent upon the timing and realization of asset liquidation and the Bankruptcy Courts approval of claims reconciliation.”

“Governing body is provided a copy of the Form 990 for its review and comments.”

“Possible conflicts of interest are reviewed at governing board meetings.”

“The board of directors annually compares management compensation with industry norms.”

“The board of directors annually compares management compensation with industry norms.”

“Governing documents, policies and financial statements are made available upon written request.”

“On May 18, 2022, the organization filed a voluntary Chapter 11 petition (Case No. 22-90160) in the U.S. Bankruptcy Court for the Eastern District of California. The organization owns no real or personal property requiring immediate attention. Funds will be available for distribution to unsecured creditors. No changes to reconciliation or accounting methods under FASB ASC 852 were noted.”