Las Best

“Form 990 is reviewed and approved by the finance committee prior to submission. A copy is then provided to each board member.”

“Each trustee, principal officer and member of a commitee with board powers shall annually sign a disclosure statement which affirms that they (a) have recieved a copy of the conflict of interest policy (b) has read and understood it (c)is in agreement with the policy and (d) understands that the organization is a charitable organization and that in order to maintain its tax exemption it must engage primarily in activities that accomplish one or more of its tax-exempt purposes. In addtion, each signatory must notify the organization should any potential conflict arise subsequent to the signing of the disclosure statement for a given year and shal file a revised disclosure statement noting the details of any such conflict.”

“The President and CEOs compensation is determined by a compensation committee within the board of directors who make use of a salary survey study or comparable postitions of responsibility in similar sized organizations.”

“Controllers Salary is based on estimated market value for services for similar sized organizations.”

“Governing documents are available for public inspection at the Administrative office of the organization in Los Angeles at the address on the front of this return.”

“Board Staff Development = $126,103 Total Expense, $90,180 Program and $35,923 ManagementEquipment = $29,684 Total Expense, $20,945 Program and $8,739 ManagementNutrition = $14,193 Total Expense, all of which is programPerforming/Visual Arts = $171,727 Total Expense, all of which is programScience and Literacy = $19,180 Total Expense, all of which is programSports = $22,585, Total Expense, all of which is programTelephone = $79,071 Total Expense, $71,473 of which is Program and $7,598 ManagementMiscellaneous = $4,796 Total Expense, all of which is management”