Active Lifestyle Events Inc.

“This form is completed by Treasurer based on using prior years 990s and current financial records. A review of the organizations records is done by an independent CPA for a two year period of time. Years 2015 and 2016 will be reviewed in 2017 as per our guidelines. A copy of the prepared 990 is emailed to all 7 board members for their review and comments when completed, and before filing. They are given an opportunity to submit questions and then their approval. Once approved the 990 can be sent to the IRS via efile.form990.org online.”

“All board members are educated on what constitutes a conflict of interest. Any conflict of interest is to be noted in the minutes. The board does not have a great deal of decisions to make that deal with the day to day operations of the organization, but instead more of the overall policies and larger financial items such as donations to be made from proceeds and helping to set the overall budget. None of the board members receive any compensation for their services to the organization as a director of the board.”

“No requests were made of any of our documents.”

“We hire and independent auditor (CPA) to review our books and all financial records every other year, and at that time they do the entire two year period. This auditor is selected/approved by the seven member board of directors. Our financial records are kept in Quickbooks, and are maintained/managed by an individual with over 40 years of accounting experience. One of our directors is a financial advisor with Edward Jones, one is a local county commissioner, and several own their own business or have other business management experience. The Directors are provided detailed accounting records regularly. Our directors are selected carefully to offer both expertise to the running industry and to promote fiscal oversight to the operation.”