The Caltech Y

“Fred clayton susan clayton broad chair director married lee fisher susan murakami committee chair director married”

“Although no committee has authority to act on behalf of the governing body, minutes of committee meetings are documented.”

“Form 990 is distributed to finance committee for detailed review prior to filing and is available to entire board of directors upon request.”

“Annually, management circulates questionnaire to board of directors inquiring if there are any conflicts of interest or related-party transactions.”

“The members of the executive, governance, and finance committees review the compensation of the executive director annually. Periodically, but not necessarily annually, they would review the compensation of the program director, development director and/or other staff. Their compensation review takes into consideration comparability data of other non-profit organizations in los angeles county.”

“Form 990 is posted to the website for the california attorney general's registry of charitable trusts. Form 990, governing documents, policies and financial information are available for inspection at the caltech y office.”

“Change in value of beneficial interest in endowment fund 916,388. Change in value of perpetual trusts held by ca institute of technology 396,006.”

“Form 990 changes for amended tax return: current year as filed as amended incr/dcr part i,ln 8(prt viii,ln 1h) $547,695 $4,395,756 $3,848,061 part i,ln 9(prt viii,ln 2g) 14,685 73,537 58,852 part i,ln10(prt viii,cl a,ln 3, 4, and 7d) 2,882,872 253,821 (2,629,051) part i,ln11(prt viii,cl a,ln 5, 6d,8c,9c,10c& 11e) 6,953 6,952 (1) part i,ln15(prt ix,cl a,lns 5-10 644,071 652,760 8,689 part i,ln17(prt ix cl a lns 104,273 175,196 70,923 11a-11d,11f-24e) part i,ln20(prt x,line 16) 6,209,969 10,390,750 4,180,781 part i,ln21(prt x,line 26) 35,215 96,192 60,977 amended tax return financial statments were audited by a certified public accountant. See below additional changes for audited financial statements and form 990: the caltech y reconciliation of fund balance 9/30/21 form 990 fund balance as of 9/30/20 ltcpa t/b 3,470,896.32 unlocated difference 325.00 ------------ fund balance as of 9/30/20 per form 990 3,471,221.32 prt i,ln 22(py)prt x, x col a, ln 32 ------------ prior period adj resulting from independent audit: recognition of grants received $ 110,000.00 recognition of prepaid insurance 11,578.00 accrual of pto expense (79,809.48) void old, outstanding checks 8,214.45 recognition of endowment income 50,000.00 accrual of employee benefits (4,980.90) unlocated difference (325.00) inclusion of beneficial interest in perpetual irrevocable trusts held by calif institute of technology 1,514,156.00 ------------- total prior period adjustments 1,608,833.07 part xi, line 8 ------------- adjusted fund balance as 9/30/20 per audit $ 5,080,054.39 fy 20-21 revenue 4,730,066.00 prt i,ln 12(cy);prt viii,col a, ln 12 fy 20-21 expenses (827,956.00)prt i ln 18(cy);prt ix col a, ln 25 other changes in net assets: change in value of beneficial interest in endowment funds 916,388 change in value of perpetual irrev trust held by calif institute of technology 396,006 1,312,394.00 part xi, line 9 -------- ------------- adjusted fund balance as of 9/30/21 per audit and form 990 $10,294,558.39 part i,ln 22(cy);prt x col b,line 32 ==============”