Dance Vision Foundation

“Wayne Eng, President & Treasurer is married to Donna Eng, Secretary. Jason Eng, Director is the son of Wayne & Donna Eng.”

“The Organization's Bylaws were amended and restated as of December 31, 2024 to incorporate various Organization policies & procedures.”

“The organization reviews and approves IRS Form 990 by preparing financial data, conducting internal and board reviews and obtaining necessary approvals prior to filing with the IRS.”

“An interested person has a duty to disclose (1) the existence of any financial interest and all material facts regarding a potential or actual conflict of interest , and (2) provide this disclosure to the Directors and members of the committees with governing Board-delegated powers that are considering the transaction or arrangement in question. The Board conducts periodic reviews of these potential conflicts-of-interests not less than one (1) time a year.”

“A voting member of the governing Board or any committee with jurisdiction over compensation matters who receives compensation (directly or indirectly) from the Organization for services cannot vote on matters regarding their own compensation, but they may provide information to the Board or committee regarding compensation but must abstain from voting on their own compensation. When approving compensation for Directors, Officers, Employees, Contractors, or others, the Board or a duly constituted compensation committee must adhere to the following: 1. Compensation terms must be approved before any payment is made. 2. Members approving compensation must not have a conflict of interest. 3. The Board or committee must obtain and rely on appropriate data to ensure compensation is reasonable, including comparable compensation levels from similar organizations, availability of similar services locally, independent compensation surveys, and written offers from competing institutions. 4. The minutes of the compensation meeting must be documented and provide all relevant facts.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Studio architecture fees: Program service expenses 5,143. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,143. Donor expenses: Program service expenses 0. Management and general expenses 0. Fundraising expenses 1,250. Total expenses 1,250. Dance class instructor: Program service expenses 56,510. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,510. Graphic designer: Program service expenses 100. Management and general expenses 0. Fundraising expenses 0. Total expenses 100.”