Houston Golf Association Youth Program

“The Executive Committee shall be comprised of the Chairman and Vice-Chairman of the Board and the Chairs of the Finance, Investment and Risk Management; Audit and Governance Committees. During the intervals between meetings of the Board, the Executive Committee shall possess and may exercise the authority of the Board necessary or convenient for the direction of the business and affairs of the Association and all things incident or pertaining thereto in such a manner as it may deem in the best interest of the Association. It is not intended, however, that the Executive Committee have final authority in any purchase or sale of real property by the Association. In addition, the Executive Committee shall serve as the Compensation Committee for the purpose of recommending the compensation of the Chief Executive Officer/President to the Board. All the acts of the Executive Committee shall be reported to the Board not later than its next meeting and shall be subject to revision or alteration by the Board; provided, however, that no rights of any third party shall be affected by such revision or alteration with the consent of such third party.”

“The Houston Golf Association, Inc. appoints the directors for the Houston Golf Association Youth Program Inc.”

“The Form 990 is reviewed for accuracy by all members of the governing board prior to filing.”

“Conflict of interest agreements are reviewed and signed by all governing board members and officers annually.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request throughout the year.”

“The Houston Golf Association, Inc. is a related entity that effectively controls Houston Golf Association Youth Program, Inc. Steve Timms served as the President/CEO for both organizations. His total compensation was paid through the Houston Golf Association, Inc. but allocated on estimated time committed to each entity. His time is allocated 2% Houston Golf Association, Inc., 41% Houston Golf Association Youth Programs, Inc., and 57% Houston Municipal Golf Association, Inc., which is also a related entity as this entity maintains the golf course at F.M. Law Park and Gas Wortham where life skills classes and tournaments are held.”

“Other professional fees: Program service expenses 99,307. Management and general expenses 33,007. Fundraising expenses 40,703. Total expenses 173,017.”