Americans for Prosperity

“Several Members of the Board of Directors are on the Executive Committee of the AFP Board of Directors. Under the AFP bylaws and Board resolution, the Executive Committee may exercise the powers of the Board when the Board is not in session, but must report its actions to the Board at the next Board meeting. The Executive Committee may not: (1) amend, alter, or repeal the organization's bylaws or articles of incorporation; (2) elect, appoint, or remove any officer or director; or (3) authorize the disposition of any of the organization's property and assets.”

“Richard Fink and Chris Fink have a family relationship.”

“The governing Board amended the AFP Bylaws to create the position of Chief Executive Officer and simultaneously eliminate from the Bylaws other officer positions not required by law in order to provide CEO with greater flexibility to appoint officers and manage team.”

“The Form 990 is prepared by an independent CPA firm. The COO, VP of Finance, and General Counsel review the Form 990. The 990 is then distributed to the audit committee, acting on behalf of the board for review and questions prior to filing with the IRS.”

“The Organization has in place a conflict of interest policy covering all staff, directors and officers that it monitors through the quarterly meetings of the Board of Directors' Audit Committee and an annual employee survey. Should a conflict be disclosed, it is addressed by company management or the board, as appropriate.”

“The board for Americans for Prosperity Foundation, a related organization, reviews comparative data in determining pay for the CEO and other officers and key employees. This process is documented in the employee's personnel file. This process was last completed during the tax year for all officers.”

“The organization makes available to the public documents required by law to be made publicly available in accordance with IRS procedures.”

“The filing organization shares employees with Americans for Prosperity Foundation, a related organization. The related organization handles all applicable filings with the IRS. Compensation paid to individuals working for both organizations is reported in Part VII, Part IX and Schedule J based primarily on the percentage of time devoted to each respective organization. Part VII, Columns D and E need to be added together in order to tie out to Form W-2, Box 5 wages.”

“The organization has a policy whereby all contributed securities are immediately sold through the broker that receives those contributions on the organization's behalf.”

“The organization's Audit Committee assumes responsibility for oversight of the audit of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”