Earth Day Texas Austin

“Form 990, part vi, line 7b the irs has approved earth day texas austin's (edta) request to be included within the central organization's (earth day texas) group exemption. As a subordinate organization, edta is affiliated with the central organization and is under the general supervision or control of the central organization. While the directors of edta are elected by the filing organization, the board of directors of the central organization must submit written approval of the selection / appointment.”

“FORM 990, Part VI, LINE 11a EDTA UTILIZES GRANT THORNTON LLP TO COMPLETE THE IRS FORM 990 AND RELATED SCHEDULES. FOLLOWING COMPLETION, THE DIRECTORS ARE PROVIDED WITH A COPY OF THE RETURN. ANY COMMENTS ARE RESOLVED AND INCORPORATED INTO THE RETURN AS NECESSARY PRIOR TO SUBMISSION TO THE IRS.”

“Form 990, part vi, line 12c in connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board of committee members shall decide if a conflict of interest exists. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“Form 990, part vi, lines 15a and 15b any compensation arrangement for any position at edta shall be approved in advance by a majority of the board of directors. Only directors who do not have a conflict of interest with respect to the particular compensation arrangement, as described in connection with the discussion of approval by the board of directors, shall vote on such particular compensation arrangement. The board of directors shall obtain and rely upon appropriate data as to comparability of compensation for similar situated positions in the austin area prior to making such decision. The minutes or another permanent written record shall describe concurrently the basis for its determination concurrently with making that determination.”

“Form 990, part vi, line 19 edta makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”