Bright Beginnings Learning Center

“The sole member of the corporation is anne carlsen center.”

“The sole member, anne carlsen center, appoints the board of trustees of the center. The sole member determines the number of, appoints, and may remove, with or without cause, all of the officers of the center, except the board chair and vice chair, who shall be elected by the board of trustees of the center.”

“The sole member must approve all bylaws and amendments to bylaws and amendments to articles of incorporation of the center; approves the center's annual budget; and approves all distributions and disbursements from the center.”

“No significant matters have been discussed as part of a governing board meeting.”

“The center did not have any committees with authority to act on behalf of the governing body during the tax year.”

“The form 990 will be provided to the audit committee for initial review, then provided to the governing board for a more comprehensive review and commentary prior to filing with the irs.”

“The conflict of interest policy is reviewed annually by the board. The purpose of this policy is to ensure identification and resolution of those instances in which governing board members, officers, employees and other agents or representatives of the center (and its affiliates) may find themselves in circumstances giving rise to a potential or actual conflict of interest. To protect the center's interest in such situations, and to provide for adequate reporting mechanisms, the center will not enter into any transaction or arrangement with any entity in which any board member, officer, employee or agent that has a financial interest unless such transaction or arrangement is fully disclosed to, and approved by the president/ceo (or the board, if the president/ceo or a board member has the financial interest). After disclosure of the financial interest or fiduciary responsibility and all material facts, and after any discussion with the interested person, he or she shall leave the board or committee meeting while the final determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. All proceedings related to conflicts of interest are documented in the meeting minutes.”

“The center does not make its governing documents, conflict of interest policy, or its financial statements available to the public.”

“Payroll processing fees: program service expenses 0. Management and general expenses 12,619. Fundraising expenses 0. Total expenses 12,619. Accounting software fees: program service expenses 0. Management and general expenses 75. Fundraising expenses 0. Total expenses 75. Classic catering fees: program service expenses 0. Management and general expenses 21,948. Fundraising expenses 0. Total expenses 21,948. Cleaning fees: program service expenses 0. Management and general expenses 35. Fundraising expenses 0. Total expenses 35. Miscellaneous treasury fees: program service expenses 0. Management and general expenses 850. Fundraising expenses 0. Total expenses 850.”