Youth Specialties

“The organization amended its governing documents to reflect its termination, effective december 31, 2013.”

“The governing body of the initial beneficiary organization (real resources, inc.) appoints a majority of the board of directors.”

“Because the organization's board was dissolved upon termination of the organization, the form 990 was reviewed by management of real resources, inc., a related organization.”

“Each responsible person annually completes a disclosure form identifying any relationships, positions or circumstances in which the responsible person is involved that he or she believes could contribute to a conflict of interest arising. Responsible persons include board of directors, officers and key employees. Each responsible person must review the policy annually and complete a written disclosure form which is then made available to the committee appointed to address conflict of interest issues. Prior to board or committee action on a contract or transaction involving a conflict of interest, a trustee or committee member having a conflict of interest is required to disclose all material facts. A person who has a conflict of interest does not participate in, and is not permitted to hear, the board's or committee's discussion of the matter except to disclose material facts and to respond to questions. Such person may not attempt to exert his or her personal influence with respect to the matter, either at or outside the meeting. The person having a conflict of interest may not vote on the contract or transaction and may not be present in the meeting room when the vote is taken, unless the vote is by secret ballot. All proceedings are documented in the meeting minutes. Responsible persons who are not trustees and who have a conflict of interest with respect to a contract or transaction are required to disclose the information to the chair or the chair's designee as soon as the conflict of interest is known to the responsible person. The responsible person may not take any action that may affect the organization's participation in such contract or transaction. In the event it is not entirely clear that a conflict of interest exists, the chair or the chair's designee determines whether there exists a conflict of interest that is subject to this policy.”

“The personnel committee, with the assistance of compensation surveys, determines the compensation of the president and reviews the compensation of other officers. The process of determining the officers' compensation last included review and approval by independent persons, comparability data and contemporaneous substantiation in 2008 including the president/ceo, p. Bertelson and the executive vp/coo, j. Potts.”

“The organization does not make its governing documents, conflict of interest policy or financial statements available to the public.”

“During the year the organization ceased operations and terminated, effective december 31, 2013. The remaining net deficit of the organization was assumed by real resources, inc., a related organization. Real, resources inc., will continue the program activities of youth specialties.”