Omaha Equestrian Foundation

“After the form 990 is prepared, it is sent to the chairman of the board for review and approval prior to the filing of the form. The members of the board are located in various parts of the country. Therefore, an electronic copy of form 990 will be provided to the board members for review prior to the filing date.”

“Board members are asked to disclose all real or apparent conflict of interests in connection with the organization's activities. The form is distributed on a yearly basis to the board members for completion and is on file at the office. If an officer or director has a conflict of interest, that member abstains from participating in discussion and deliberations with respect to the subject of the conflict and must abstain from voting on that subject. The minutes would reflect the individual's disclosure as well as that person's abstention from participating and voting.”

“Compensation for the organization's officers is reviewed and approved by the board of directors using information from comparable organizations.”

“The organization makes its governing documents available to the public upon request.”

“Horse show staff: program service expenses 616,169. Management and general expenses 0. Fundraising expenses 0. Total expenses 616,169. Office assistance: program service expenses 28,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,000. Production services: program service expenses 611,107. Management and general expenses 0. Fundraising expenses 0. Total expenses 611,107. Promotion services: program service expenses 63,680. Management and general expenses 0. Fundraising expenses 0. Total expenses 63,680. Horse transporation: program service expenses 1,154,548. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,154,548.”

“The board of directors assumes responsibility for the oversight of the review and selection of an independent accountant. This process has not changed from the prior year.”