Asu Alumni Law Group

“Line 11b explanation - the board reviews form 990 before filing.”

“Each director shall disclose to the board of directors any known conflicting interest such director or any of such director's related persons have with respect to a transaction effected or proposed to be effected by the corporation, by a subsidiary of the corporation, or by any other entity in which the corporation has a controlling interest. Any director with a conflicting interest must make the following required disclosures: (1) the existence and nature of the conflicting interest; and (2) all facts known to the director respecting the subject matter of the transaction that an ordinary prudent person would reasonable believe to be material to a judgment about whether or not to proceed with the transaction. Any director having a conflicting interest shall abstain from voting the proposed transaction and shall not be counted in determining the quorum for the vote on the proposed transaction. In addition, he or she shall not use his or her personal influence on the matter, but may briefly state his or her position on the matter and may answer pertinent questions from other directors since his knowledge many be of great assistance.”

“Compensation is approved based on information about compensation paid by similarly situated taxable and or tax-exempt organizations for similar services. Compensation is approved based on information about compensation paid by similarly situated taxable and or tax-exempt organizations for similar services.”

“AVAILABLE UPON REQUEST.”

“Contract labor: program service expenses 250,895. Management and general expenses 0. Fundraising expenses 0. Total expenses 250,895. Marketing consultant: program service expenses 0. Management and general expenses 2,700. Fundraising expenses 0. Total expenses 2,700.”