Youth Entrepreneurs of Kansas Inc

“CERTAIN OFFICERS & DIRECTORS - Business relationship”

“Empowered is a member corporation. Members have such rights and are entitled to vote on matters as provided for in the bylaws.”

“The members, referred to in part vi, section a, line 6, have the authority to elect the board of directors.”

“Approval by the members is required to: elect and remove directors, amend the organization's governing documents, and to engage in any significant transaction as further described in the organization's governing documents.”

“An independent accounting firm prepared and reviewed the form 990. A full draft of the 990 along with all required schedules is then provided to internal management and legal counsel for review. All questions are addressed and any modifications are made, if necessary.”

“A copy of empowered inc.'s policy on conflict of interest is given to all directors and officers at the beginning of their term of service. Each person is made aware and acknowledges their understanding of and adherence to the policy and each person is required to disclose to the board various potential conflicts of interest as set forth in the conflict of interest policy. If the board of directors determines that a conflict of interest exists, it will consult with empowered's legal counsel to determine how to best resolve the conflict of interest. Empowered may require a board member who has a financial interest in any transaction or arrangement to withdraw from voting on the matter.”

“The compensation committee, which is comprised of independent voting members, performed a compensation review in 2022 for the president position. As deemed necessary, an independent consultant is used to provide a market study report to gauge where the median salary is for the market in kansas and other relevant geographies as appropriate. They may also obtain research data on comparable positions within the non-profit sector in kansas and other relevant geographies as appropriate, using 990 published data. The compensation committee uses the data to determine the proper compensation amount for the upcoming year.”

“The compensation committee, which is comprised of independent voting members, performed a compensation review in 2022 for the president position. As deemed necessary, an independent consultant is used to provide a market study report to gauge where the median salary is for the market in kansas and other relevant geographies as appropriate. They may also obtain research data on comparable positions within the non-profit sector in kansas and other relevant geographies as appropriate, using 990 published data. The compensation committee uses the data to determine the proper compensation amount for the upcoming year.”

“The documents referred to in part vi, section c, line 19 are made available in accordance with irs rules.”

“OTHER INCOME - Total Revenue: 3763, Related or Exempt Function Revenue: 3763, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;”

“PROFESSIONAL FEES - Total Expense: 957743, Program Service Expense: 718307, Management and General Expenses: 86197, Fundraising Expenses: 153239; TEACHER STIPENDS - Total Expense: 52058, Program Service Expense: 39044, Management and General Expenses: 4685, Fundraising Expenses: 8329; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ; - Total Expense: , Program Service Expense: , Management and General Expenses: , Fundraising Expenses: ;”