Lexington Gay Services Organization Inc.

“A complete draft of Form 990 is provided to the Board of Directors prior to filing. Board members are given the opportunity to review the return and provide comments or questions. The Board's review occurs before the Form 990 is submitted to the IRS.”

“The organization maintains a written conflict of interest policy. Officers, directors, and key employees are required to disclose annually any interests that could give rise to a conflict. Potential conflicts are reviewed by the Board of Directors, and individuals with a conflict recuse themselves from discussion and voting. Compliance with the policy is monitored through annual disclosures and review during board meetings.”

“The Board of Directors reviews and approves compensation for the Executive Director and all employees. Compensation determinations are made by independent members of the Board. The individual whose compensation is under review does not participate in or vote on the decision. The Board documents its review and approval in meeting minutes. This process was last undertaken during the tax year covered by this return.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Requests may be submitted in writing or by email to the organization's administrative office, and copies are provided in a timely manner.”

“Line 24e consists of program-related expenses including event production costs, contract labor, supplies, utilities, and other operational expenses not otherwise separately categorized.”

“Schedule B includes contributors who gave $5,000 or more during the tax year in accordance with the filing requirements.”