Team Esface Inc

“The 990 draft form, in normal circumstance, will be reviewed by the board no later than two weeks, and prior to filing date. A top level type of review will be conducted. If it deems necessary to have a detailed review, the board may contact the preparer to request copies of relevant detailed work papers. Once initial review is completed, a meeting is scheduled with the preparer to discuss any questions, or revisions to ensure that the 990 is filed with the irs on a timely basis. All these will be documented, along with the preparer's response if applicable.”

“NONE REQUIRED.”

“The board relies on comparing data from resources such as similarly situated exempt organizations in their areas to benchmark pay along with market information from other exempt organizations and for profit organizations to assess the competitiveness and reasonableness of the compensation. Once decided, a vote is taken for approval by the board. Refusal of the individuals whose compensation is being determined is mandatory. If any, a similar process to the compensation for top official is in place for determining compensation of the other key employees. As of fiscal year end, the president and treasurer positions are filled by volunteers.”

“The following documents are available (for inspection or copying) at the organization's main office during normal business hours at no charge: tax exemption application (form 1023), irs determination letter, articles of incorporation and by-laws. Same with the organization's form 990 and form 990-t, from the previous three years (at a minimum), if applicable. Public inspection copy of the form 990 will not include schedule a excess contributors or schedule b names and addresses of contributors. The organization will make sure that forms 990 and 990-t held at their main office are the most updated versions. In the instance where a form 990 has been amended, the amended version of the form 990 or form 990-t will be the one available for public inspection. When responding to an inspection request for any organizational document or form 990 (including form 990-t) by anyone, the organization fulfills such request in a timely way without inquiring as to the reason of the inspection request.”

“Outside services: program service expenses 187,270. Management and general expenses 0. Fundraising expenses 2,050. Total expenses 189,320.”

“Outside services: $48,872 - shared cost of the overhead salaries and wages of esface employees $26,090 - shared cost of the overhead -oladele's salary $52,359 - cost of coaches used to coach the aau teams $6,684 - shared cost of the overhead - payroll taxes $4,810 - cost of coaches used to coach the aau teams, hoop fest (2050+2760) $17,408 - shared cost of accounting, consultants, other outside services $21,571 - other shared cost of overhead outside services $8,755 - amount to cover the cost of scholarship players under the jeremy lin grant $2,141 - shared cost of health benefit expenses $630 - shared cost of payroll taxes $189,320 - total other fees on form 990, part ix, line 11g, col a”