Ascendium Education Group Inc

“On an annual basis, the chairman of the board, president and ceo, the audit committee and board reviews the form 990 prior to filing. The conflicts of interest questionnaires are completed by each director and reviewed prior to filing the form 990.”

“Annually, directors and officers sign a conflict of interest document which discloses any conflicts. The signed documents are reviewed annually by the chairman of the board. If a disclosed conflict occurs, the individual abstains from discussion and voting on topics where a conflict of interest exists. All directors, officers and employees are subject to the human resources code of ethics to maintain the highest ethical and legal standards of business conduct.”

“The compensation of the ceo and all of the officers is determined annually by the personnel policy committee of the board of directors. The ceo is routinely excused and abstains from discussion and/or voting on any matters related to his own compensation and benefits. The personnel policy committee's report is submitted to the board of directors for approval. The decisions are documented in the board minutes. Every two to three years, an independent compensation study is performed, last compensation study was performed in 2022.”

“The compensation of the ceo and all of the officers is determined annually by the personnel policy committee of the board of directors. The ceo is routinely excused and abstains from discussion and/or voting on any matters related to his own compensation and benefits. The personnel policy committee's report is submitted to the board of directors for approval. The decisions are documented in the board minutes. Every two to three years, an independent compensation study is performed, last compensation study was performed in 2022.”

“Federal tax law does not require that such documents be made publicly available. Documents are available upon specific request.”

“(1) directors normally attend 3-4 board meetings and 3-4 committee meetings per year in addition to telephonic conferences and individual meetings with officers. Directors devote an average of 1-3 hours per week to their position(s). (2) compensation line includes compensation for general counsel services and affiliate group responsibilities. Inside directors are not eligible for board compensation. (3) non-operating officer position not separately compensated.”

“Costs are charged to the applicable managing area and then further allocated to supporting services and programs that each area supports. Costs are allocated to supporting services and programs based on estimates made by management, taking into account the nature of the expense and how it relates to the functional areas. Costs are typically allocated based on resources used or time and effort.”

“CONSULTING - Total Expense: 326805, Program Service Expense: 25045, Management and General Expenses: 301760, Fundraising Expenses: ; OTHER PROFESSIONAL SERVICES - Total Expense: 336010, Program Service Expense: 234153, Management and General Expenses: 101857, Fundraising Expenses: ; DELTA DENTAL - Total Expense: 13084, Program Service Expense: 13084, Management and General Expenses: , Fundraising Expenses: ; TRANSFER PRICING SERVICES - Total Expense: 15750, Program Service Expense: 15750, Management and General Expenses: , Fundraising Expenses: ; RECRUITING - Total Expense: 3268, Program Service Expense: 3268, Management and General Expenses: , Fundraising Expenses: ; IT SPECIALIZED SERVICES - Total Expense: 661449, Program Service Expense: , Management and General Expenses: 661449, Fundraising Expenses: ; RETIREMENT ADMINISTRATION - Total Expense: 73831, Program Service Expense: , Management and General Expenses: 73831, Fundraising Expenses: ; ADMINISTRATIVE FEES - Total Expense: 8641, Program Service Expense: , Management and General Expenses: 8641, Fundraising Expenses: ;”

“OPERATING FUND CONTRIBUTION TRANSFER TO AEG FROM ASCENDIUM EDUCATION SOLUTIONS, INC. - 210000000; PAID IN CAPITAL - NORTHSTAR EDUCATION SERVICES, LLC 2024 - -2048500; Total - XXX-XX-XXXX;”