PROGRAM OF ACADEMIC EXCHANGE: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: PROGRAM OF ACADEMIC EXCHANGE (EIN 02-0439252)
Tax period: 2010-10-01 to 2011-09-30
Filed: 2012-05-09
IRS object ID: 201221309349301412
Schema version: 2010v3.4
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-05-09T12:41:36-05:00	Timestamp
Tax Period End Date	2011-09-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ARTHUR ALLEN & ASSOCIATES LLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	21 WEST PUTNAM AVENUE	AddressLine1
City	GREENWICH	City
State	CT	State
ZIP Code	068305328	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-10-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	020439252	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	PROGRAM OF ACADEMIC EXCHANGE INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	PROG	NameControl

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	14 WILLET AVENUE	AddressLine1
City	PORT CHESTER	City
State	NY	State
ZIP Code	10573	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	RICHARD WAXMAN	Name
Title	CHIEF FINANCIAL OFFICER	Title
Date Signed	2012-04-25	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	J THEODORE ALLEN CPA	Name
Phone	2038696060	Phone
Date Prepared	2012-04-27	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	6640852	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.PAX.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Activity Or Mission Description	CROSS CULTURAL STUDENT EXCHANGE	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	4	NbrIndependentVotingMembers
Total Nbr Employees	46	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	1826119	ContributionsGrantsPriorYear
Contributions Grants Current Year	2314616	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	4280823	ProgramServiceRevenuePriorYear
Program Service Revenue CY	4323001	ProgramServiceRevenueCY
Investment Income Prior Year	6530	InvestmentIncomePriorYear
Investment Income Current Year	3235	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	6113472	TotalRevenuePriorYear
Total Revenue Current Year	6640852	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	7702	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	2636	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1872797	SalariesEtcPriorYear
Salaries Etc Current Year	2262424	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	3359950	OtherExpensePriorYear
Other Expenses Current Year	3598025	OtherExpensesCurrentYear
Total Expenses Prior Year	5240449	TotalExpensesPriorYear
Total Expenses Current Year	5863085	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	873023	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	777767	RevenuesLessExpensesCY
Total Assets BOY	1500202	TotalAssetsBOY
Total Assets EOY	2452303	TotalAssetsEOY
Total Liabilities BOY	508245	TotalLiabilitiesBOY
Total Liabilities EOY	682579	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	991957	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1769724	NetAssetsOrFundBalancesEOY
Mission Description	CROSS CULTURAL STUDENT EXCHANGE	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	5428427	Expense
Grants	2636	Grants
Description	TO FACILITATE CROSS CULTURAL LEARNING BY ALLOWING APPROXIMATELY 1086 INTERNATIONAL HIGH SCHOOL STUDENTS TO LIVE WITH HOST FAMILIES WHILE ATTENDING SCHOOL IN THE UNITED STATES	Description
Total Program Service Expense	5428427	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	false	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	true	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	181	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	false	ComplianceWithBackupWitholding
Number Of Employees	46	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	4	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	NH	StatesWhereCopyOfReturnIsFiled
Other Website	X	OtherWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	RICHARD WAXMAN	NamePerson
Telephone Number	9146901340	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	14 WILLETT AVENUE	AddressLine1
City	PORT CHESTER	City
State	NY	State
ZIP Code	10573	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
YVONNE FORMAN
EXEC DIR	40.00	X	X	76552	0	0
JAN WAHLIN
VICE PRES	5.00	X		0	0	0
CHRISTY KALAN
SECRETARY	5.00	X		0	0	0
VIRGINIA PEABODY
DIRECTOR	5.00	X		0	0	0
WALTER STEWART
CHAIRMAN	5.00	X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	76552	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	2314616	GovernmentGrants
Total Contributions	2314616	TotalContributions

Program Service Revenue ProgramServiceRevenue

Field	Value	IRS element (for citing)
Description	PROGRAM SERVICE REVENUE	Description
Total Revenue Column	4323001	TotalRevenueColumn
Related Or Exempt Function Income	4323001	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Program Service Revenue	4323001	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	3235	TotalRevenueColumn
Exclusion	$3,235	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	6640852	TotalRevenueColumn
Related Or Exempt Function Income	4323001	RelatedOrExemptFunctionIncome
Exclusion	$3,235	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	2636	Total
Program Services	2636	ProgramServices

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	2136868	Total
Program Services	2136868	ProgramServices

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	125556	Total
Management And General	125556	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	1034	Total
Management And General	1034	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	30955	Total
Program Services	29933	ProgramServices
Management And General	1022	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	642	Total
Management And General	642	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	53568	Total
Program Services	14253	ProgramServices
Management And General	39315	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	119511	Total
Program Services	113850	ProgramServices
Management And General	5661	ManagementAndGeneral

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	99173	Total
Program Services	92970	ProgramServices
Management And General	6203	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	167489	Total
Program Services	158375	ProgramServices
Management And General	9114	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	201798	Total
Program Services	150650	ProgramServices
Management And General	51148	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	189665	Total
Program Services	189665	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	11983	Total
Management And General	11983	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	345795	Total
Program Services	255903	ProgramServices
Management And General	89892	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices
PLACEMENT COMMISSIONS	661988	661988
SUPERVISION COMMISSIONS	427148	427148
STUDENT ALLOWANCE	327927	327927
STUDENT ORIENTATION	280555	280555
GENERAL PROGRAM FEES	143115	143115

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	535679	Total
Program Services	442591	ProgramServices
Management And General	93088	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	5863085	Total
Program Services	5428427	ProgramServices
Management And General	434658	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	1181386	BOY
EOY	2263220	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	204317	BOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	8017	BOY
EOY	20224	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	40401	BOY
EOY	101824	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	372962	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	337152	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	35228	BOY
EOY	35810	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	30853	BOY
EOY	31225	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1500202	BOY
EOY	2452303	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	99643	BOY
EOY	268328	EOY

Grants Payable GrantsPayable

Field	Value	IRS element (for citing)
BOY	297856	BOY
EOY	272217	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	110746	BOY
EOY	142034	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	508245	BOY
EOY	682579	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	991957	BOY
EOY	1769724	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	991957	BOY
EOY	1769724	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1500202	BOY
EOY	2452303	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	777767	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	485130	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	801074	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1389612	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	1826119	CurrentTaxYearMinus1Year
Current Tax Year	2314616	CurrentTaxYear
Total	6816551	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3239004	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	3238109	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	3468852	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	4280823	CurrentTaxYearMinus1Year
Current Tax Year	4323001	CurrentTaxYear
Total	18549789	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3724134	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4039183	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	4858464	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6106942	CurrentTaxYearMinus1Year
Current Tax Year	6637617	CurrentTaxYear
Total	25366340	Total

Field	Value	IRS element (for citing)
Public Support Total509	25366340	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	624	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	611	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1056	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6530	CurrentTaxYearMinus1Year
Current Tax Year	3235	CurrentTaxYear
Total	12056	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	624	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	611	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	1056	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6530	CurrentTaxYearMinus1Year
Current Tax Year	3235	CurrentTaxYear
Total	12056	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3724758	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	4039794	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	4859520	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6113472	CurrentTaxYearMinus1Year
Current Tax Year	6640852	CurrentTaxYear
Total	25378396	Total

Field	Value	IRS element (for citing)
First5 Years509	X	First5Years509

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	372962	OtherCostOrOtherBasis
Depreciation	337152	Depreciation
Book Value	35810	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	35810	TotalOfBookValueLandBuildings
Total Revenue	6640852	TotalRevenue
Total Expenses	5863085	TotalExpenses
Excess Or Deficit For Year	777767	ExcessOrDeficitForYear
Excess Or Deficit Per FS	777767	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	6640852	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	6640852	RevenueSubtotal
Total Revenue Per Form990	6640852	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	5863085	TotExpensesEtcAuditedFinclStmt
Expenses Subtotal	5863085	ExpensesSubtotal
Total Expenses Per Form990	5863085	TotalExpensesPerForm990

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	A COPY OF THIS RETURN WILL BE REVIEWED BY MANAGEMENT.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	BOARD OF DIRECTORS AND MANAGEMENT MUST DISCLOSE ACTIVITIES THAT MAY PRESENT A CONFLICT OF INTEREST ON AN ANNUAL BASIS.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	COMPENSATION FOR THE PRESIDENT AND TOP LEVEL MANAGEMENT IS DETERMINED BY COMPARATIVE STUDY BY REGION AND INDUSTRY AND IS REVIEWED AND APPROVED BY THE COMPENSAITON COMMITTEE OF THE BOARD.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	COMPENSATION OFOTHER MANAGEMENT OR KEY EMPLOYEES ARE DETERMINED BY REGIONAL COMPARATIVE ANALYSIS AND BY INDUSTRY AND IS REVIEWED BY SENIOR MANAGEMENT.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	DOCUMENTS ARE AVAILABLE UPON REQUEST AND MAY BE VIEWED THROUGHT HE IRS WEBSITE OR GUIDESTAR.ORG.