Arkansas Educational Telecommunications Network Foundation

“The form 990 is reviewed for accuracy and completness before signing by management.”

“Disclosure is required annually during performance evaluations and board meetings with monitoring occurring throughout the year.”

“Compensation and benefits emulate those of the arkansas educational television commission state employee pay plan and are approved by the board during the budgetary process.”

“Documents are provided upon requests made to the administrative offices.”

“Ar pbs expenses: program service expenses 127,909. Management and general expenses 0. Fundraising expenses 0. Total expenses 127,909. Postage & freight: program service expenses 33,686. Management and general expenses 186. Fundraising expenses 57,357. Total expenses 91,229. Other expenses: program service expenses 1,475. Management and general expenses 431. Fundraising expenses 77,175. Total expenses 79,081. Telecommunications: program service expenses 0. Management and general expenses 132. Fundraising expenses 49,862. Total expenses 49,994. Capital planning: program service expenses 35,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,000. Endowment transfers: program service expenses 7,722. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,722. Other in kind expense: program service expenses 3,498. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,498.”

“The board of directors selects the auditor each year. This process has not changed from prior years.”

“The total on the 990, part ix, line 11g is in the amount of $152,364. This includes the professional fees expense for programs of $0, for promotions of $0, for production of $0, for fudraising of $148,855, and for management $3,509. The management total is net of the accounting expense; 9,509 total management professional fees - 6,000 accounting fees (line 11c) = $3,509.”

“The total on the 990, part ix, line 24e is in the amount of $394,433. This includes a program expense of $209,290, a management expense of $749, and a fundraising expense of $184,394. The program expense of $209,290 includes $33,686 from promotions for postage, $1,475 from programs for association dues/fees, $3,498 from promotions for in-kind labor/other, $35,000 from programming for capital planning, $127,909 from programming for ar pbs expenses, and $7,722 from programming for endowment transfers. The management expense of $749 includes $186 for postage, $132 for telecommunications, $290 for association dues/fees, and $141 for other expenses. The fundraising expense of $184,394 includes $57,357 for postage, $49,862 for telecommunications, $599 for association dues/fees, $642 for subscriptions, $3,014 for food/catering, and $72,920 for other expenses.”