American Leadership Forum - Silicon Valley

“The form 990 is reviewed by the audit committee prior to submission.”

“The organization monitors and enforces compliance with the conflict of interest policy by surveying the board annually.”

“The process for determining compensation of the ceo, executive direcor or top management officials includes: 1. Review and approval by the governing body or compensation committee provided that persons with a conflict of interest with respect to the compensation arrangement at issue were not involved. 2. Use of comparable compensation information for similarly qualified persons in functionally comparable positions at similar organizations. 3. Contemporaneous substantiation of the deliberation and decision of the compensation arrangement. 4. Date of last review: may 5, 2015 the ceo is the only key employee.”

“The organization makes its governing documents, conflict of interest policy and financial statements, as well as its forms 1023 and 990, available to the general public on request at its offices.”

“The organization makes its governing documents, conflict of interest policy, financial statements and copies of its forms 990 and 1023 available to the public for inspection at its offices.”

“Due to an inability to retreive the cost basis information for the sale of stock, the gain has been reported at a net amount.”

“Contract: program service expenses 79,958. Management and general expenses 11,985. Fundraising expenses 47,250. Total expenses 139,193. Audit: program service expenses 0. Management and general expenses 18,456. Fundraising expenses 0. Total expenses 18,456. Payroll service fees: program service expenses 1,814. Management and general expenses 828. Fundraising expenses 515. Total expenses 3,157. Other: program service expenses 57,523. Management and general expenses 68,226. Fundraising expenses 1,290. Total expenses 127,039. Program director: program service expenses 122,369. Management and general expenses 0. Fundraising expenses 0. Total expenses 122,369.”

“ROUNDING 2.”

“The audit committee has responsibility for oversight of the audit, and selection of the independent accountant. The process has not changed from the prior year.”