Yellow Tulip Project

“Suzanne Fox, who served as the Organization's Executive Director during the year, and Margie Fox, who served on the Organization's Board, share a family relationship.”

“The Organizations engages with an independent accounting firm to prepare its annual Form 990. Drafts of the Form 990 are provided to and reviewed by the Organization's Executive Director, Treasurer, and other members of the board for their consideration and approval prior to filing.”

“The Organization maintains a conflict of interest policy that is provided to each director upon their election to the Board, and at any time the policy is amended or updated. Board members are required to review the Organization's policy, acknowledge that they have read and understand the policy, and must disclose any known or potential conflicts to the Organization and its Board both at the time of their election and/or when any new conflicts arise.”

“It is the formal policy of the Organization that directors shall not receive any stated salary for their services as directors of the board; provided, however, that, by resolution of the Board, the directors may be reimbursed for expenses incurred in the performance of their duties and the expenses of attendance, if any, at each regular or special meeting of the Board, and that, except as otherwise provided by law, the Organization's Articles and Bylaws, no director shall be precluded from serving the Corporation in any other capacity and receiving compensation for such service. The Board or a duly authorized committee thereof may fix the compensation, if any, of the President. The compensation of all other officers and employees of the Corporation shall be fixed by the President, subject to the Board's power to approve the annual budget. In general, individuals who are employees of the Corporation shall not be voting members of the Board. In those instances, however, where an individual is both a member of the Board and an employee, as a voting member of the Board who receives compensation from the Corporation either directly or indirectly, he or she is precluded from voting on matters pertaining to his or her compensation.”

“The Organization's governing documents, conflict of interest policy, and financial statements and tax returns are available to the public upon request.”

“The Organization frequently engages role models and leaders in its community to serve as Youth Directors. Youth Directors receive stipends from the Organization to engage young persons in their community, to foster relationships, to promote positive and healthy mental wellbeing and habits, and to encourage civic participation. Anna Mullen, who serves on the Organization's Board as the Student Representative, also serves the Organization as one of its Youth Directors. All compensation paid to Anna Mullen was for her services rendered as a Youth Director; she was not compensated for any services performed in her capacity as a voting member of the Board.”