Academy of Interactive Entertainment - Wa

“John De Margheriti, President and Treasurer and Vicki De Margheriti, Vice President and Secretary are husband and wife.”

“The organization has two members. Members include John De Margheriti, President and Treasurer, and Victoria De Margheriti, Vice President, and Secretary.”

“John De Margheriti - 49 Phillip Avenue, Watson ACT 2602, Australia. Vicki De Margheriti - 49 Phillip Avenue, Watson ACT 2602, Australia; or by phone at +61 2 6162 5131.”

“Form 990 is prepared internally by the Academy of Interactive Entertainment's Controller - US Operations using the Urban Institute's "Form 990 Online" system. When Form 990 is mostly complete it is transferred to an independent Certified Public Accounting firm for review. The independent CPA provides feedback to the Staff Accountant for any necessary correction and may make certain applicable corrections himself. Once the independent CPA has completed the review, a final copy is provided to the Board of Directors for review and filing approval. The Board of Directors reviews the financial and narrative information provided in Form 990 and its relevant attachments. The board ensures that the information provided is in compliance with the organizations mission and its tax exempt purpose. Any errors identified are sent back to the CPA and Controller - US Operations for correction and final review is conducted prior to filing with the Internal Revenue Service.”

“PROCEDURES. a. Duty to Disclose. In connection with any actual or possible conflicts of interest, an interested person must disclose the existence of his or her financial interest and must be given the opportunity to disclose any material facts to the directors and members of committees with board-delegated powers considering the proposed transaction or arrangement. b. Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, such person shall leave the 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. c. Procedures for Addressing the Conflict of Interest. 1. An interested person may make a presentation at the board or committee meeting; but after such presentation, such person shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that result in the conflict of interest. 2. The president of the Corporation or chairperson of the committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. 3. After exercising due diligence, the board or committee shall determine whether the Corporation can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. 4. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the Corporation's best interest and for its own benefit and whether the transaction is fair and reasonable to the Corporation and shall make its decision as to whether to enter into the transaction or arrangement in conformity with such determination. d. Violations of the Conflict of Interest Policy. 1. If the board or committee has reasonable cause to believe that a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. 2. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action, including removal from office of the director or committee member. Violations of the Conflict of Interest Policy. 1. If the board or committee has reasonable cause to believe that a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. 2. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action, including removal from office of the director or committee member.”

“COMPENSATION. a. A voting member of the board of directors who receives compensation, directly or indirectly, from the Corporation for services is precluded from voting on matters pertaining to that member's compensation. b. A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the Corporation for services is precluded from voting on matters pertaining to that member's compensation. c. No voting member of the board of directors or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the Corporation, either individually or collectively, is prohibited from providing information to any committee regarding compensation. No Members or Directors were compensated during this fiscal year. However, a compensation evaluation was last conducted during the fiscal year when determining compensation for James Cardo - Head of School, who took his position on April 1, 2016. To determine proper compensation for top school officials, an evaluation of wages paid to individuals in similar positions was conducted. Criteria used included: 1. Educational institution, 2. Size of school, 3. Corporate structure, 4. Position held, and 5. Compensation paid. Resources used include: 1. Salary.com, and 2. Guidestar.org.”

“Academy of Interactive Entertainment makes its governing documents, conflict of interest policy, and official statements available to the public upon request. Interested persons should contact in person or by mail at: AIE, 200 W Mercer Street Suite 100, Seattle, WA 98119-3995; by phone (206)428-6350; or, by email at [email protected].”

“John De Margheriti, President and Treasurer and Vicki De Margheriti, Vice President and Secretary, and whom are the Board of Directors of AIE - WA operate from the campus of The AIE Ltd. in Canberra, Australia.”