Civic Intelligence

Asc Quality Collaboration Inc.

990 • Fiscal year 2020 • EIN 45-5614522

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 04, 2021

1012 Cameron StreetAlexandria, VA 22314

(703) 836-8808

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.04x

Higher debt load relative to assets than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.07x

Higher debt load relative to revenue than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

68th percentile

19%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

99th percentile

$121,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 45.7% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

21st percentile

-17%

Faster asset growth than 21% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

48th percentile

-16%

Faster revenue growth than 48% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$439,751

Down $88,291 (-17%) from 2019

Net Assets

Up

$422,060

Up $49,380 (+13%) from 2019

Liabilities

Down

$17,691

Down $137,671 (-89%) from 2019

Revenue

Down

$264,845

Down $49,281 (-16%) from 2019

Expenses

Up

$215,419

Up $18,204 (+9.2%) from 2019

Net Income

Down

$49,426

Down $67,485 (-58%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600K$400K$200K$0Assets 2013: $167,100Liabilities 2013: $20,153Net Assets 2013: $146,9472013Assets 2014: $175,444Liabilities 2014: $18,025Net Assets 2014: $157,4192014Assets 2015: $147,748Liabilities 2015: $16,271Net Assets 2015: $131,4772015Assets 2016: $208,802Liabilities 2016: $22,873Net Assets 2016: $185,9292016Assets 2017: $246,102Liabilities 2017: $14,955Net Assets 2017: $231,1472017Assets 2018: $276,643Liabilities 2018: $20,932Net Assets 2018: $255,7112018Assets 2019: $528,042Liabilities 2019: $155,362Net Assets 2019: $372,6802019Assets 2020: $439,751Liabilities 2020: $17,691Net Assets 2020: $422,0602020Assets 2021: $530,937Liabilities 2021: $154,277Net Assets 2021: $376,6602021Assets 2022: $474,897Liabilities 2022: $126,864Net Assets 2022: $348,0332022Assets 2023: $479,546Liabilities 2023: $130,569Net Assets 2023: $348,9772023Assets 2024: $391,895Liabilities 2024: $93,757Net Assets 2024: $298,1382024

Highlighted filing

2020

Assets$439,751
Liabilities$17,691
Net Assets$422,060

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2013: $309,221Expenses 2013: $283,211Net Income 2013: $26,0102013Revenue 2014: $270,203Expenses 2014: $259,731Net Income 2014: $10,4722014Revenue 2015: $249,494Expenses 2015: $275,436Net Income 2015: -$25,9422015Revenue 2016: $276,361Expenses 2016: $221,909Net Income 2016: $54,4522016Revenue 2017: $268,750Expenses 2017: $223,532Net Income 2017: $45,2182017Revenue 2018: $260,000Expenses 2018: $235,436Net Income 2018: $24,5642018Revenue 2019: $314,126Expenses 2019: $197,215Net Income 2019: $116,9112019Revenue 2020: $264,845Expenses 2020: $215,419Net Income 2020: $49,4262020Revenue 2021: $236,408Expenses 2021: $281,720Net Income 2021: -$45,3122021Revenue 2022: $253,451Expenses 2022: $281,938Net Income 2022: -$28,4872022Revenue 2023: $359,541Expenses 2023: $358,921Net Income 2023: $6202023Revenue 2024: $356,311Expenses 2024: $407,042Net Income 2024: -$50,7312024

Highlighted filing

2020

Revenue$264,845
Expenses$215,419
Net Income$49,426
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 4, 2021
Return Version
2020v4.1
Gross Receipts
$264,845
Mission and Program Overview

Mission

The asc quality collaboration (asc qc) was formed in 2006, bringing together leaders from both the ambulatory surgery center (asc) industry and organizations with a focus on healthcare quality and safety.

The asc quality collaboration develops standardized quality measures appropriate to ambulatory surgery centers (ascs)

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$250,000$328,000▲ $78,000
Cash and Non-Interest-Bearing Accounts$276,867$94,092▼ $182,775
Accounts Receivable-$15,000-
Prepaid Expenses and Deferred Charges-$2,625-
Total Assets$528,042$439,751▼ $88,291
Other Assets Total$1,175$34▼ $1,141
Liabilities
Deferred Revenue$137,500$0▼ $137,500
Accounts Payable and Accrued Expenses$17,862$17,691▼ $171
Total Liabilities$155,362$17,691▼ $137,671
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$372,680$422,060▲ $49,380
Total Net Assets Fund Balance$372,680$422,060▲ $49,380
Total Liabilities and Net Assets / Fund Balance$528,042$439,751▼ $88,291
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ann ShimekExecutive DirectorFT$121,000$121,000

Board Members and Trustees

NameTitle
Melba WillisChair
Barbara TirrellDirector
Bill PrenticeDirector
Brett BernsteinDirector
Dare Meeks-underwoodDirector
David ShapiroDirector
Debra StinchcombDirector
Lee Anne BlackwellDirector
Lew LittleDirector
Naomi KuznetsDirector
Pearl DarlingDirector
Phillip ClendeninDirector
Robert NelsonDirector
Stephanie LandryDirector
Mark GarvinDirector (as of 2/20)
Natalie ChristyDirector (as of 2/20)
Belle LernerDirector (as of 5/20)
Nina GoinsDirector (as of 5/20)
Patsy PoehlerDirector (as of 8/20)
Renae BattieDirector (as of 8/20)
Amy GloverDirector (until 8/20)
Jan DavidsonDirector (until 8/20)
Lisa AustinDirector (until 8/20)
Michael SchroederTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Ann Shimeck Clinical Pathways LLCManagement Services5805 BRAEMAR DRIVE, Plano, TX 75093$121,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$262,500
Investment Income
$2,345
Other Revenue
$0
Change in Net Assets
$49,426
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$126,312
Other Expenses$89,107
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$126,312--$126,312
Fees for Services Other$55,710--$55,710
Information Technology$12,224$686-$12,910
Fees for Services Accounting-$11,687-$11,687
Fees for Services Legal-$3,875-$3,875
Travel-$1,218-$1,218
Advertising-$336-$336
Office Expenses-$221-$221
Other Expenses$3,125$25-$25
Total Functional Expenses$197,371$18,048$0$215,419
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Membership in the asc quality collaboration consists of leaders from both the ambulatory surgery center (asc) industry and organizations with a focus on healthcare quality and safety.

Form 990, Part VI, Section B, Line 11B

The organization makes every effort to provide a copy of the 990 to all board members for review prior to submission.

Form 990, Part VI, Section B, Line 12C

The asc quality collaboration, inc. (the "corporation") and its officers and directors are dedicated to serving the interests of the corporation's constituency in the most honorable and ethical manner possible; the corporation's officers and directors are committed to fulfilling their fiduciary duties to the corporation, including the avoidance of conflicts of interest or the appearance of conflicts. The corporation requires all those acting on its behalf to avoid conflicts of interest between their duties to the corporation and their duties to other organizations or entities. A conflict of interest exists when an individual participates in the deliberation and resolution of an issue important to the corporation while, at the same time, the individual has other professional, business, or volunteer responsibilities outside the corporation that could predispose or bias the individual to a particular view or goal. The corporation will generally address conflicts of interest in one of three ways in order to avoid potential legal liability. For serious and actual conflicts, the individual must voluntarily withdraw - or be withdrawn involuntarily if necessary - from the corporation position. For less serious conflicts, there must be disclosure to the corporation and avoidance of participating in debate and voting on the issue for which there is a conflict. Finally, for minor or potential conflicts, there simply must be full disclosure to the corporation. The corporation's board of directors has the authority to make determinations on how to proceed in all such cases.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Asc Quality Collaboration Inc
EIN
45-5614522
Phone
7038368808
Address
1012 CAMERON STREET, ALEXANDRIA, VA 22314

Signing Officer

Name
Kathy Wilson
Title
Executive Director
Phone
7038368808
Signed
2021-06-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Melba Willis
Formed
2012
Legal Domicile
Va
Voting Board Members
21
Independent Board Members
21
Employees
0
Volunteers
37

Preparer

Firm
Rsm US Llp
Address
2021 L STREET NW SUITE 400, WASHINGTON, DC 20036
Preparer
Mike Sorrells
Phone
2022932200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract services: program service expenses 55,710. Management and general expenses 0. Fundraising expenses 0. Total expenses 55,710.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR (AS OF 8/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR (UNTIL 8/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR (AS OF 8/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (AS OF 2/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR (UNTIL 8/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (AS OF 2/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR (UNTIL 8/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR (AS OF 5/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR (AS OF 5/20)
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0264845
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0686
IRS990/InformationTechnologyGrp/ProgramServicesAmt012224
IRS990/InformationTechnologyGrp/TotalAmt012910
IRS990/InvestmentIncomeGrp/ExclusionAmt02345
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02345
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0250000
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0328000
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0VA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ASC QUALITY COLLABORATION (ASC QC) IS DEDICATED TO ADVANCING HIGH-QUALITY, PATIENT-CENTERED CARE IN AMBULATORY SURGERY CENTERS (ASCS).
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0372680
IRS990/NetAssetsOrFundBalancesEOYAmt0422060
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-46
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0372680
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0422060
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0221
IRS990/OfficeExpensesGrp/TotalAmt0221
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01175
IRS990/OtherAssetsTotalGrp/EOYAmt034
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1LICENSES & FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt025
IRS990/OtherExpensesGrp/ProgramServicesAmt03125
IRS990/OtherExpensesGrp/TotalAmt03125
IRS990/OtherExpensesGrp/TotalAmt125
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02625
IRS990/PrincipalOfficerNm0MELBA WILLIS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0262500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0262500
IRS990/ProgSrvcAccomActy2Grp/Desc0PUBLIC REPORTING OF QUALITY DATA - THE ASC QC STRONGLY SUPPORTS PUBLIC REPORTING OF QUALITY DATA. OUR COMMITMENT TO PUBLIC REPORTING IS REFLECTED IN OUR ONLINE PUBLICATION OF A FREE QUARTERLY REPORT OF ASC QUALITY DATA, MADE POSSIBLE ENTIRELY THROUGH THE VOLUNTARY EFFORTS OF OUR PARTICIPANTS.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01626
IRS990/PYOtherExpensesAmt091488
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0312500
IRS990/PYRevenuesLessExpensesAmt0116911
IRS990/PYSalariesCompEmpBnftPaidAmt0105727
IRS990/PYTotalExpensesAmt0197215
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0314126
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt049426
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0262500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0262500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0312500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0260000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0268750
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0276361
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01380111
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02345
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01626
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03971
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02345
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01626
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03971
IRS990ScheduleA/InvestmentIncomeCYPct00.00290
IRS990ScheduleA/InvestmentIncomePYPct00.00120
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99710
IRS990ScheduleA/PublicSupportPY509Pct00.99880
IRS990ScheduleA/PublicSupportTotal509Amt01380111
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0262500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0312500
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0260000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0268750
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0276361
IRS990ScheduleA/Total509Grp/TotalAmt01380111
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0264845
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0314126
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0260000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0268750
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0276361
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01384082
IRS990/ScheduleBRequiredInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERSHIP IN THE ASC QUALITY COLLABORATION CONSISTS OF LEADERS FROM BOTH THE AMBULATORY SURGERY CENTER (ASC) INDUSTRY AND ORGANIZATIONS WITH A FOCUS ON HEALTHCARE QUALITY AND SAFETY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES EVERY EFFORT TO PROVIDE A COPY OF THE 990 TO ALL BOARD MEMBERS FOR REVIEW PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ASC QUALITY COLLABORATION, INC. (THE "CORPORATION") AND ITS OFFICERS AND DIRECTORS ARE DEDICATED TO SERVING THE INTERESTS OF THE CORPORATION'S CONSTITUENCY IN THE MOST HONORABLE AND ETHICAL MANNER POSSIBLE; THE CORPORATION'S OFFICERS AND DIRECTORS ARE COMMITTED TO FULFILLING THEIR FIDUCIARY DUTIES TO THE CORPORATION, INCLUDING THE AVOIDANCE OF CONFLICTS OF INTEREST OR THE APPEARANCE OF CONFLICTS. THE CORPORATION REQUIRES ALL THOSE ACTING ON ITS BEHALF TO AVOID CONFLICTS OF INTEREST BETWEEN THEIR DUTIES TO THE CORPORATION AND THEIR DUTIES TO OTHER ORGANIZATIONS OR ENTITIES. A CONFLICT OF INTEREST EXISTS WHEN AN INDIVIDUAL PARTICIPATES IN THE DELIBERATION AND RESOLUTION OF AN ISSUE IMPORTANT TO THE CORPORATION WHILE, AT THE SAME TIME, THE INDIVIDUAL HAS OTHER PROFESSIONAL, BUSINESS, OR VOLUNTEER RESPONSIBILITIES OUTSIDE THE CORPORATION THAT COULD PREDISPOSE OR BIAS THE INDIVIDUAL TO A PARTICULAR VIEW OR GOAL. THE CORPORATION WILL GENERALLY ADDRESS CONFLICTS OF INTEREST IN ONE OF THREE WAYS IN ORDER TO AVOID POTENTIAL LEGAL LIABILITY. FOR SERIOUS AND ACTUAL CONFLICTS, THE INDIVIDUAL MUST VOLUNTARILY WITHDRAW - OR BE WITHDRAWN INVOLUNTARILY IF NECESSARY - FROM THE CORPORATION POSITION. FOR LESS SERIOUS CONFLICTS, THERE MUST BE DISCLOSURE TO THE CORPORATION AND AVOIDANCE OF PARTICIPATING IN DEBATE AND VOTING ON THE ISSUE FOR WHICH THERE IS A CONFLICT. FINALLY, FOR MINOR OR POTENTIAL CONFLICTS, THERE SIMPLY MUST BE FULL DISCLOSURE TO THE CORPORATION. THE CORPORATION'S BOARD OF DIRECTORS HAS THE AUTHORITY TO MAKE DETERMINATIONS ON HOW TO PROCEED IN ALL SUCH CASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 55,710. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,710.

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