Tennis for Charity Inc

“The board of trustees may elect an executive committee, to consist of three or more of the trustees. The executive committee shall have and may exercise, so far as may be permitted by law, all the powers and authority of the board of trustees which includes, without limitation, the authority to determine employee compensation, nominate and appoint trustees and fill vacancies in the board of trustees, increase or decrease the size of the board of trustees, nominate and appoint officers of the corporation, negotiate and enter into agreements with third parties, acquire or lease land, borrow money and pledge the corporations credit or mortgage or pledge the real or personal property of the corporation.”

“A team of volunteers (prior management) and the president of the board (as the board's designee) review the form 990 and related schedules for accuracy prior to filing with the taxing authorities.”

“Board members are requested to annually disclose potential conflicts. Tennis for charity will handle conflicts of interest on a case by case basis.”

“The governing documents, conflict of interest policy, and financial statements are not available for public inspection.”

“The financial statements have been prepared on the accounting basis used by the organization for federal income tax purposes, which is a comprehensive basis of accounting other than generally accepted accounting principles. The income tax basis primarily differs from generally accepted accounting principles in the areas of recognition of revenues and expenses.”

“The organization has a finance committee that assumes responsibility for oversight of the compilation and selection of an independent accountant. The processes used by this committee have not changed.”