Live and Learn Program

“The organization's board officers also serve as members of the executive committee. This committee is made up entirely of board members and is authorized to act on behalf of the full board between regular meetings. While the executive committee can make decisions on most matters, it cannot amend the articles of incorporation or bylaws. All decisions made by the committee remain under the oversight and control of the full board of directors.”

“During the tax year, the organization adopted amended and restated bylaws to improve governance and operational clarity. Key changes included confirming the organization has no members or stock, adjusting the board size to between five and fifteen members, and clarifying that board members serve three-year terms with a one-year break required after two consecutive terms unless a term was not completed. The bylaws also expanded provisions for remote participation and unanimous written consent, clarified meeting notice requirements, and added a vice chair officer role with revised term lengths and succession procedures. Updates also addressed committee formation and participation, required board members to sign and follow a conflict of interest policy, and introduced indemnification and liability insurance provisions.”

“The form 990 is prepared by the organization's independent public accounting firm based on information provided by management. Once the draft is available, the treasurer of the organization distributes a pdf copy of the 990 to all board members for review and comment prior to the return being filed with the irs.”

“The organization's conflict of interest policy covers directors, officers, key employees, and committee members with board-delegated powers. When a potential conflict arises, the interested person must disclose all material facts and is excluded from deliberations and voting on the transaction. Disinterested board or committee members determine if a conflict exists and review actual conflicts. Restrictions include prohibiting conflicted persons from participating in decisions related to the transaction. All proceedings and determinations are documented in meeting minutes.”

“The board shall determine a reasonable compensation amount based upon compensation paid by similarly situated nonprofits for like services. The board may rely upon salary studies, as well as data regarding compensation paid by peer organizations of similar size to determine reasonable compensation. The terms of such compensation and information relied upon shall be recorded in writing. Officers of the organization who receive compensation for services, directly or indirectly from the organization, are precluded from participating in discussions or votes pertaining to their own compensation. The process described here was last completed in 2024.”

“The organization will provide in a timely manner, copies of tax returns, financial statements, and governing documents including its conflict of interest policy when requested in writing or in person.”

“Event contractor: program service expenses 9,749. Management and general expenses 1,745. Fundraising expenses 5,673. Total expenses 17,167. Marketing and project consulting: program service expenses 15,631. Management and general expenses 2,798. Fundraising expenses 9,096. Total expenses 27,525. Other professional consultants: program service expenses 116,962. Management and general expenses 13,850. Fundraising expenses 5,456. Total expenses 136,268.”

“The responsibility for selecting the financial statement auditor and for overseeing the financial statement audit did not change during the year.”