American Action Network Inc

“The organization amended its bylaws to provide more clearly for changes to the size of the Board and to set the minimum Board size at three.”

“The audit and compensation committees keep contemporaneous minutes, but the executive committee does not. The executive committee serves primarily to advise management, and thus does not typically exercise board powers to pass resolutions with binding effect. The size of the board has recently decreased, so the executive committee is not currently meeting.”

“The Form 990 is reviewed by the President of the organization and Director of Operations, in consultation with accounting and legal professionals as appropriate. Thereafter, a final copy is circulated to all of the members of the organizations governing body prior to filing. The final copy includes the full Form 990 submitted to the IRS.”

“The organization asks board members, officers, employees, and volunteers annually to disclose interests that may give rise to potential conflicts of interests under the Conflicts of Interest Policy. It does so in conjunction with asking for information about arrangements that may need to be disclosed on the Form 990.”

“The board (or a committee thereof) has periodically reviewed compensation at comparable organizations (using Forms 990 and survey data and, more recently, compensation data analysis and opinions from a reputable independent compensation consultant) to determine appropriate general compensation levels for the President. The board or a board committee also reviews any annual bonus, but does not regather comparables as part of every bonus decision. For other employees, the President or the Director of Operations reviews compensation for similar work at peer institutions to determine compensation levels. The President reviews and approves all staff compensation.”

“Articles of Incorporation are available on the Delaware Secretary of States website. Financial statements are provided to certain states for charitable solicitation purposes.”

“Section A, Line 1a: The Networks bylaws provide for an executive committee, drawn from the directors of the organization. It is emplowered to review and advise on decisions of management in between full board meetings, consistent with the direction set by the full board. It has no power to amend the Networks governing documents, dissolve or merge the Network, approve the sale or exchange of any assets of the organization, or elect or remove directors or officers. Now that the board is only three members the Executive Committee is not currently meeting.”

“See response on Note 9 regarding the response to Part IX.”

“The organization incurred costs shared with other organizations, the American Action Forum and the Congressional Leadership Fund, often subject to reimbursement for their allocable share of the costs. In such circumstances the organization has reported only its net amount paid as expense on Part IX or as compensation reported in Part VII or Schedule J.”

“See attachment A.”