Tact Kids Inc

“Tact kids amended its bylaws in calendar year 2024 to reflect its new ownership by parent organization, fedcap group, inc. The amended bylaws reflect that fedcap group, inc. Is the sole corporate member and enumerate the powers of the sole corporate member (as identified in response to form 990, part vi, lines 7a and 7b).”

“Tact kids, inc.'s sole member is the fedcap group, inc.”

“The organization's bylaws reserve the power to the sole member to appoint, replace or remove the board of directors (for any reason at anytime).”

“Certain actions, as identified in the tact kids, inc.'s bylaws, require the prior affirmative vote or written consent of the sole member before the board of directors can act: 1. Amending, restating or revoking its certificate of incorporation or its by-laws; 2. Permit or approve its merger or consolidation with or into any other entity or 3. Permit or approve its conversion into another form of entity; 4. Take any action, or knowingly fail to take any action, as a result of which action or inaction the corporation shall cease to qualify as a not-for-profit organization exempt from taxation under section 501(c)(3) of the u.s. Internal revenue code, as amended (the "code"); 5. Adopt a budget or make a material change to an existing budget; 6. Divest itself of any line of business, or any other business entity, owned or controlled by it; 7. Permit or approve the filing by it of a petition for bankruptcy; 8. Permit or approve the sale of all or substantially all or any material part of its assets; 9. Commence a lawsuit or other legal proceeding against any person; 10. Admit a new member; 11. Permit or approve the acquisition of any business or entity; or 12. Permit or approve the incurring of any indebtedness for borrowed money.”

“Form 990 review process the form 990 was prepared by an independent accounting firm in conjunction with fedcap's financial department. The form 990 is reviewed by senior management prior to distributing a copy to the full board of directors for its review and comment. Upon approval by the board, the 990 is electronically filed with the internal revenue service.”

“Conflict of interest policy monitoring & enforcement tact kids, inc. Adopted the conflict of interest policy of its parent organization, fedcap group, inc. The conflict of interest policy is distributed to the board of directors and to all employees on an annual basis. Individuals are expected to sign the conflict of interest policy and confirm that no conflicts exist. Violations of the policy will subject an employee to disciplinary action or immediate discharge. Employees who have knowledge or suspicion of improper conduct or activities by other employees or outside parties doing business with fedcap, are expected to immediately bring it to the attention of the ceo or director of human resources. Form 990, part vi, section b, line 13: tact kids, inc. Adopted the whistleblower policy of its parent, the fedcap group, inc. Form 990, part vi, section b, line 14: tact kids, inc. Adopted the document retention policy of its parent, the fedcap group, inc.”

“Disclosure tact kids, inc. Makes its form 990 available to the public by retaining a copy at its place of business. The form 990 is, likewise, published on the internet on www.guidestar.org. Tact kids, inc.'s financial statements, conflict of interest and governing documents are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“Tact kids, inc. Was acquired by the fedcap group, inc. In calendar year 2024 and its tax year end was changed from december 31 to september 30th to align with its parent year end. Because tact kids, inc. Is filing a short-period form 990, no compensation is reportable on the return since compensation is reported based on the calendar year falling within the tax period covered by the return.”

“Tact kids, inc. Was acquired by the fedcap group, inc. In calendar year 2024. This form 990 represents a short-period filing from january 1, 2024 through september 30, 2024; since no calendar year falls within the period covered by this return, the organization is required to report 0 employees and 0 independent contractors.”

“Encourage: our beautiful neurodiverse community has been widely and historically disenfranchised by a traditional deficit-based approach. At tact, we're the polar opposite and embrace strengthsand asset-based approach to help discover, explore, and create possibilities! Empower: we believe autistic individuals have incredible abilities and strengths that are valuable to the world. Our holistic approach aims to empower the entire client while they're at tact and beyond. Educate: tact's unique training provides each client with a differentiated and customized pathway to employment. As a competency-based program, we work with each client until they realize their strengths and are ready to take the next steps in their future. Employ: our goal is to find each client a career, not a job. There is a difference, and at tact, we understand it. Tact supports clients by finding the right employer, working through the interview process, and supporting them in their careers!”