12 Plus

“No review of form 990 will be conducted.”

“In connection with any actual or possible conflict of interest an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of the committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. (A) An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. (B) The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. (C) After exercising due diligence, the governing board or committee shall determine whether 12 Plus can obtain, with reasonable efforts, a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. (D) IF a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in 12 Plus' best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter in the transaction or arrangement.”

“The board of directors has determined the ceo compensation based upon a number of factors including market rates, years of expereience, avaliable funds, etc.”

“The organization makes their governing documents and form 990 available upon request.”

“Accounting method for the fiscal year has changed from cash basis to accrual.”

“The audit of the organization's financial statements is in progress and not yet finalized. At the time of this filing, the audit was incomplete and had not been issued. Thus, this return relies on unaduited numbers.”