Elkhorn Athletic Association Inc

“Each committee of two or more directors shall have only that authority and responsibility which is expressly delegated to it by the board of directors at the time the commitee is organized or from time to time thereafter.”

“The form 990 is provided to the board members and the executive director for review prior to filing.”

“The board of directors adopted a conflict of interest policy that requires annual disclosure of interests that could give rise to conflict. The organization regulary and consistently monitors and enforces compliance with the conflict of interest of policy by requiring all board members to disclose any conflicts of interest as circumstances warrant, but no less frequently than annually. The board shall review each member questionnaire and any other disclosures regarding the financial interests of its members. After disclosure of the financial interest, the interested person shall leave the board meeting while the remaining board members discuss and vote on whether a conflict of interest exists. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable effort a more advantageous transaction or arrangement from a person or entity that would not produce a conflict of interest. The interested person shall not be present in the room during the determination. If an alternative transaction or arrangement is not possible, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the best interests of the organization, for its own benefit, and fair and reasonable. Based on these determinations, the board or committee shall make its decision on whether to enter into the transaction or arrangement.”

“Compensation for the executive director and all eaa employees is reviewed annually at the january board of directors meeting.”

“The irs form 990, governing documents and financial statements are made available to the public upon request.”

“Wrestling was discontinued in 2024.”

“Purchased services: program service expenses 1,175. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,175. Registration processing fees: program service expenses 844. Management and general expenses 172,596. Fundraising expenses 0. Total expenses 173,440. Consulting: program service expenses 102,365. Management and general expenses 23,976. Fundraising expenses 41,798. Total expenses 168,139. Coaching: program service expenses 288,935. Management and general expenses 0. Fundraising expenses 0. Total expenses 288,935. Umpires: program service expenses 114,601. Management and general expenses 0. Fundraising expenses 0. Total expenses 114,601.”