Approach Learning and Assessment Inc

“The organization has a single member. The single member is olive crest, a california non-profit corporation.”

“The sole member has the right to vote: on the election of directors; on the disposition of all or substantially all of the corporations assets; on any merger and its principal terms and any amendment to those terms; and on any election to dissolve the corporation. The chief executive officer of the sole member, or his designee, shall represent the sole member in meetings of the board of directors.”

“SEE COMMENT 2 ABOVE.”

“The organization documents board of directors meetings, and documents each board action and motion taken. These meetings minutes are in the custody of the organization and available for review upon request.”

“The form 990 is reviewed by the organization s cfo and president. The form 990 is also provided to the board of directors in advance of filing the form.”

“The board of directors has a written conflict of interest policy. The board is asked to clarify that there are no interests that would conflict with the ability to serve as a boardmember. That certification is documented in the boardmeeting minutes.”

“The organization performs a study each year looking at comparable industry standards for salaries and applies those standards across the positions it has. The salaries of key employees are included in the budget which is presented to the board prior to the beginning of the fiscal year. The board of directors has the ability to modify or change the compensations through majority vote.”

“The organizations governing documents and financial statements are available upon request. Form 990 is available at www.guidestar.org.”

“On december 6, 2018, a merger was entered into between the organization and its affiliate olive crest. Hence, net assets of $5,652,236 were transferred out of the organization tax return and into olive crest.”

“On december 6, 2018, a merger was entered into between the organization and its affiliate olive crest. Hence, net assets of $5,652,236 were transferred out of the organizations tax return and into olive crest.”