Vita Sports Partners Inc

“Mike novogratz and kyra tirana barry have a business relationship.”

“The organization had no committees with authority to act on behalf of the governing body.”

“Vita sports partners, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by the treasurer and is ready to be filed with the internal revenue service, it is electronically sent to the board, by the treasurer, for approval. Once the board has approved the return it is filed with the internal revenue service.”

“The organization has a written conflict of interest policy which they annually monitor prior to board or board committee action on a contract or transaction involving a conflict of interest, a trustee or board committee member having a conflict of interest and who is in attendance at the meeting shall disclose all facts material to the conflict of interest. Such disclosure shall be reflected in the minutes of the meeting. If board members are aware that staff or other volunteers have a conflict of interest, relevant facts should be disclosed by the board member or by the responsible person him/herself if invited to the board meeting as a guest for purposes of disclosure. A trustee or board committee member who plans not to attend a meeting at which he or she has reason to believe that the board or board committee will act on a matter in which the person has a conflict of interest shall disclose to the chair of the meeting all facts material to the conflict of interest. The chair shall report the disclosure at the meeting and the disclosure shall be reflected in the minutes of the meeting. A person who has a conflict of interest shall not participate in or be permitted to hear the board's or board committee's discussion of the matter except to disclose material facts and to respond to questions. Such person shall not attempt to exert his or her personal influence with respect to the matter, either at or outside the meeting. A person who has a conflict of interest with respect to a contract or transaction that will be voted on at a meeting shall not be counted in determining the presence of a quorum for purposes of the vote. The person having a conflict of interest may not vote on the contract or transaction and shall not be present in the meeting room when the vote is taken, unless the vote is by secret ballot. Such person's ineligibility to vote shall be reflected in the minutes of the meeting. Responsible persons who are not members of the board of trustees of grit, or who have a conflict of interest with respect to a contract or transaction that is not the subject of board or board committee action, shall disclose to their supervisor, or the chair, or the chair's designee, any conflict of interest that such responsible person has with respect to a contract or transaction. Such disclosure shall be made as soon as the conflict of interest is known to the responsible person. The responsible person shall refrain from any action that may affect grit's participation in such contract or transaction.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon request.”

“On april 3, 2020 the board approved a plan to discontinue operations and dissolve the organization effective december 29, 2020.”

“Lease termination - surrender of pp&e -146,167.”