Erudite Russian Language Educationa L and Cultural Center Inc.

“Form 990, Part VI, Section A, Line 2 - The organization's Secretary, Donald Rodger Hart, is the husband of Inna B Hart, the organization's President. As secretary, Mr Hart is also reported in Form 990, Part VII, Section A, Line a (A)(3).”

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

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

“The organization regularly and consistently monitors and enforces compliance with the organization's conflict off interest policy through regular and consistent practices which include closely monitoring collection and disposition of all program services revenue, periodic reviews to determine that compensation arrangements and benefits paid were consistent with the current compensation levels of independent organizations similarly situated in our geographic area and are the result of arm's length bargaining; that written agreements entered by the organizations were properly recorded, did not result in inurement, impermissible private benefit or excess benefit transactions; 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 in similarly situated nonprofit and for profit organizations in our geographic area; which data and information, out of the presence of our top management official, is duly presented and made a part of the records of the meeting at which the data is discussed and determination reached on the compensation paid to our top official. Form 990, Part VI, Section B, Line 15b: The process in determining the compensation paid to other officers and key officials is substantially the same as used in determining the compensation paid to our top official (see Schedule 0, Form 990, Part VI, section B, Line 15a).”

“Though available upon request and as such readily available to the public, there were no requests received during this reporting year for the organization's governing documents, conflict of interest policy, or other governance documents.”

“Due to the economic impact of Covid-19 which occurred during the previous two reporting periods, our President's, Inna Hart's, reported salary as appears in this Line represents her both her regular salary for this reporting period and an addition sum in the amount of $12,000 which represents payment to her during this reporting period of that amount of previously paused compensation which, at her request, had been paused due to the economic impact that Covid-19 had on our school when during the mentioned prior reporting periods, our student population was caused to plummet from about 270 students to about 140.”

“For the activities represented herein and throughout this Form 990 our Business Code is 611630.”

“Teachers and other contractors we hired who prepared materials to accomplish our Program service objectives.”

“In considering other changes in net assets or fund balances occurring during the year, attention was directed to a comparison of the value of such assets as reported respectively on Part X, Line 15 (A) at the beginning of the year and the value of such assets as reported on Part X, Line 15 (B) at the end of the year. The comparison reveals an increase at yearend in the net value of the assets reported on Part X Line 15 (B) in amount of $257 (11,905 vs.12,162). A comparison of fund balances at the beginning of the year as reflected by category in Part X (A) and the end of the Year by category in Part X (B) reflects by category an increase in Total assets as reported there in of $33,609 (110,892-77,283). The comparative results set forth herein and elsewhere in this Form 990 are reflective of the fact that this fiscal reporting period marked the end of the impact of Covid-19 which required on-line education and the return of in-classroom education along with the return of students who would otherwise remain side-lined.”