Tlc Operations Inc.

“A draft copy of the form 990 will be reviewed by the executive committee for question and comment. Any matters raised during this review that are not resolved internally are referred to the outside accountants for further collaboration and ultimate resolution. Copies of the return are then distributed to the members of the board of directors to provide opportunity for board member review and comment.”

“It is expected that directors, trustees, or key employees will disclose any interests that could give rise to conflicts at any time that a real or perceived conflict is recognized. Each individual is mandated to disclose any conflicts of interest that have arisen during the periodic board meetings that are held at least five times a year. If any potential conflict anywhere in the corporate structure would be known to the collective officers and directors of the entire consolidated tammy lynn center group of entities, specific inquiry, action, and documentation would occur.”

“The executive committee of tammy lynn center, inc., reviews the performance of the ceo and determines the ceo's compensation. The chairman of tammy lynn center, inc., makes inquiries into compensation packages of other ceo's in comparable organizations and shared that information with executive committee members in the process of determining annual performance wage adjustment for the ceo. Additionally, review of comparable ceo compensation is available through 990s posted to guidestar.org.”

“The president/ceo reviews the performance of the officers and other employees of the organization for purposes of determining appropriate compensation levels for tlc operations, inc. Employees. Inquiry is made into compensation packages of other comparable organizations through trade resources. The president/ceo also relies upon a salary matrix pre-approved by the organization as well as her considerable expertise and trade experience in determining reasonableness of merit or other increases for employees.”

“Interested persons may visit the organization website or contact the office to request public disclosure documents.”

“According to the bylaws, tlc operations, inc. Has one director on its board. As disclosed on sch. R, the organization, while an independent legal entity with its own tax exempt standing under i.r.c. 501(c)(3), is a member of a controlled group of organizations under a parent organization, tammy lynn center, inc. (ein: 56-1949970).”

“Empowering families and enriching the lives of children and adults through education, community and support services. We provide hope and opportunities for individuals to live, learn and grow to their fullest potential. See schedule r for a description of the organization's control group including tammy lynn memorial foundation, inc., tlc operations, inc., tammy lynn endowment, inc., and tammy lynn center, inc.”

“Respite care - the center trains care providers to provide care in the homes of parents of children and adults who have developmental disabilies. Early intervention - the center provides comprehensive individualized in-home pediatric therapies, home training programs and family support services to children birth to three years old and are at risk or who have developmental disabilities.”

“Line 9 - other changes in net assets explanation the change in net assets relate to intercompany activities subject to reconciliation and elimination within the consolidated financial statements (see schedule r), as well as seperately stated items reported on schedule d, parts xi and xii.”

“Change in intercompany payable 292,143 adjustment to reconcile intercompany net assets 394,216 total 686,359”