Astia

“The organization contracts with DecisionCFO, which provides financial management and growth strategy solutions for the organization.”

“The form 990 is reviewed first by the ceo and treasurer. Thereafter, an electronic copy of the completed form is sent to the entire board for review prior to filing with the internal revenue service.”

“Astia employees are required to disclose any conflicts or potential conflicts in writing at the time of their annual review, which disclosure is shared with the board of trustees. In addition, any astia executive team members who are active investors are required to disclose in writing an updated accounting of any investment holdings in companies into which astia angels has invested or might invest in, to the board of trustees at the time of any new investment by astia angels. Further, by board resolution, any related party transaction valued at greater than $10,000 into which a trustee or executive team member may enter must receive prior approval from the board of trustees. Each trustee agrees under contract with astia that he or she will, among other things, declare any conflicts of interest (real or apparent) between their personal/professional life and their position on the board, and abstain from voting, or participating whenever deemed appropriate by the board as a whole.”

“The executive committee performs an annual review of the CEO's compensation, including market analyses and a written contract. As mandated by the Form 990 instructions, Part VI, Section B, line 15b has been marked "no" as there are no other compensated officers or key employees (per the Form 990 definition).”

“The governing documents, conflict of interest policy and financial statements are not made available to the public.”

“Astia servies women-led start-ups in the technology, clean technology, life science, and consumer products sectors via programs that ensure companies receive: (i) access to capital, (ii) expertise to grow their businesses, and (iii) leadership development for the women on the funding team. These programs have been established to address the lack of venture capital investment in women founders and CEOs. Astia's programs consist of: (i) Astia Access, which provides women entrepreneurs and their companies with access to expertise and networks, and (ii) Astia Angeles, which is comprised of individual investors who directly invest into select companies that have a woman on the founding team. Members of Astia Angels pay annual membership dues to Astia, as well any legal, accounting, and operating (in the form of carried interest in the investments) fees for investments made. Astia programs offer entrepreneurs the opportunity to learn from and network with the investor community. Astia is built on a community of over 5,000 expert volunteers who invest their time and expertise on these start-ups. In 2016, Astia provided these servcies to women-led start-ups from across the United States and around the globe via programs in Silicon Valley, CA, New York, NY, and London, United Kingdom.”

“Outside COnsulting - Individuals: Program service expenses 70,874. Management and general expenses 0. Fundraising expenses 0. Total expenses 70,874. Outside Services - Busineses: Program service expenses 1,528. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,528. Outside Services - Marketing: Program service expenses 0. Management and general expenses 3,355. Fundraising expenses 0. Total expenses 3,355. Other Professional Fees: Program service expenses 300. Management and general expenses 0. Fundraising expenses 0. Total expenses 300.”

“Net Effect of Removal of Astia Angel Investments from Balance Sheet 125,648.”