Erudite Russian Language Educationa L and Cultural Center Inc.

“As reported in this line, Donald Rodger Hart, the Secretary of the organization is the husband of Inna B,. Hart, a founder and President of the organization. As secretary, Mr, Hart is also reported in Form 990,Part VII, Section A, Line 1a (A)(3).”

“There are no committees with authority to act on behalf of the organization's governing body.”

“Before filing this Form 990, a readied copy was provided to all members of the organization's governing body, which body at a special meeting, notice of which was duly given, adopted a resolution duly authorizing and directing finalization and submission of Form 990 by the organization's President and Secretary.”

“The organization regularly and consistently monitored and enforced compliance with the organization's conflict of interest policy through regular and and consistent practices which included closely monitoring all transactions and the collection and disposition of all program services revenues; periodic reviews to determine that compensation arrangements and benefits were reasonable and consistent with the current compensation levels paid by independent organizations similarly situated in our geographic area and the result of arm's length bargaining; that written agreements entered by the organization were properly recorded, did not result in inurement, impermisible private benefit or an excess benefit transaction; and by requiring written annual disclosure by officers and directors of actions that give rise to conflicts of interest.”

“In advance of the meeting of our governing body at which the compensation of our top official is determined, we obtain comparable data from independent sources which reflect the current compensation levels paid to top officials by similarly situated nonprofit and for profit organizations in our geographic area; which comparable data and information, out of the presence of our top management official, is duly presented at and contemporaneously made a part of the records of the meeting at which the data is discussed and a determination reached as to the compensation paid to our top management official. Form 990, Part VI, Section B, Line 15b: The process used in determining the compensation paid to other officers and key officials is substantially the same as used in determining the compensation of our top official (see above: Schedule O, Form 990, Part VI Section B, Line 15a)”

“Our governing documents, conflict to interest policy and financial statements are available to the public upon request, however, no documents were requested to be made available during this fiscal year.”

“As reported on Form 990, Part III, Line 3, for our last fiscal year, that for the period July 1, 2020 to June 30, 2021, due to the rapid spread of Covid-19 in early 2019, Montgomery County Public Schools (MCPS), from whom have rented classrooms for our school since it was founded in 2015, was forced to close its schools in mid April 2020. As a consequence of this action, our school was forced to immediately transition all of its classroom teaching activities to an entirely virtual platform which had a devastating impact on our 3 to 6 year old students, who were then a substantial part of our student population, and other students who were not suited for virtual learning and ,as a consequence, our student population steadily declined as did our program service revenue over the course of that reporting year as our student population dropped from 280 students to roughly 140 students by year end; and, as reported for that reporting period, our program expenses exceeded program service revenue by $47,139 and our net assets declined from $92,812 to $39,706. Thus, when MCPS reopened its schools in September 2021, we immediately recommenced classroom teaching at the same MCPS elementary school that we have rented classrooms in since our founding. This effort was not with out its challenges, however, as we reopened our school to roughy 140 students, but fortunately, with conscious effort we were able over the course of the school year to reconstitute our student population to roughy 80% of what it had been prior to Covid-19.”

“In determining other changes in net assets or fund balances which had occurred during the year consideration was directed to changes in the value of net assets and fund balances as reported on Part X, Line 32 (A) at the beginning of the year and as reported at the end of the year on Part X, Line 32 (B).The difference in value year is -$2,951 ($14,414 -11,463 = - $2,951); and, the difference in current funds as reported respectively at the beginning year on Part X, Line29 (A) and at the end of the year on Part X, Line 29 (B) is $846 ($26,138 - $25,292 =$846). Additionally it was noted that as reported on Part XI, Line 3 the net revenue for the year was $173. Thus, at year end, the net change in the value of net assets and fund balances as reported on Part X1, Line 9 is $ - 2,278 (-$2,951 + $846= -$2,105 + $173 = -$2,278).”