2012-11-07T12:18:43-06:00 2011-12-31 521511275 RAFFA PC 1899 L STREET NW SUITE 900 WASHINGTON DC 20036 990 2011-01-01 300126510 CENTER FOR AMERICAN PROGRESS CENT 2026821611 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 JOE SMOLSKIS 2026821611 2012-11-07 1 FRANK H SMITH P00639053 2028225000 2012-11-07 2011 2016-02-24 21:20:13Z JOE SMOLSKIS 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 34830387 0 X WWW.AMERICANPROGRESS.ORG X 2002 DC NON-PARTISAN RESEARCH AND EDUCATION DEDICATED TO ADVANCING PROGRESSIVE POLICY IDEAS. 11 9 355 11 13692 9447 36517866 33795845 172499 243185 49269 40731 59431 568002 36799065 34647763 6980323 5046245 0 0 16050048 17953240 71590 117983 622266 10625167 10997751 33727128 34115219 3071937 532544 41654746 44146250 5028656 6987616 36626090 37158634 X THE CENTER FOR AMERICAN PROGRESS IS A NONPARTISAN RESEARCH AND EDUCATIONAL INSTITUTE DEDICATED TO PROMOTING AND ADVANCING A STRONG, SECURE AND PROSPEROUS AMERICA THAT EXPANDS OPPORTUNITIES, EXTENDS OUR FREEDOMS AND ENSURES FAIRNESS. IT ALSO PROMOTES THE BROAD AND DIVERSE PRINCIPLES OF PROGRESSIVISM INCLUDING MODERATE AND LIBERAL VIEWPOINTS WHILE ENGAGING IN THE DEBATES OF THE DAY. 0 0 12387257 793743 156185 POLICY PROGRAMS: PROJECTS WERE CONDUCTED IN AREAS OF ENERGY AND THE ENVIRONMENT, BIOETHICS AND SCIENCE, CIVIL RIGHTS, EDUCATION, HEALTH CARE, IMMIGRATION, OPEN GOVERNMENT, POVERTY, AND WOMEN'S RIGHTS. IN ADDITION, THE ECONOMIC POLICY TEAM CONDUCTED PROJECTS RELATING TO MIDDLE CLASS ECONOMICS, TAX FAIRNESS, HOUSING, AND POST-SECONDARY EDUCATION. THE ORGANIZATION'S NATIONAL SECURITY TEAM WORKED ON PROJECTS RELATING TO AFGHANISTAN, CHINA RELATIONS, AND MIDDLE EAST RELATIONS WITH THE U.S. 4794382 1445000 4500 COMMUNICATIONS: THE COMMUNICATIONS TEAM ASSISTED THE WORK OF POLICY TEAMS BY PROVIDING PRESS, COMMUNICATIONS, AND EVENTS SUPPORT. IN ADDITION, THE COMMUNICATIONS TEAM PROVIDED GRANTS TO OTHER ORGANIZATIONS TO FURTHER THE MISSION OF THE ORGANIZATION. 4421930 2807502 82500 EXTERNAL RELATIONS: PROJECTS WERE UNDERTAKEN TO EDUCATE THE PUBLIC, POLICYMAKERS, OPINION LEADERS AND ADVOCATES; ANTICIPATE AND SHAPE THE NATIONAL DEBATE; AND CHALLENGE THE MEDIA TO COVER THE ISSUES THAT TRULY MATTER THROUGH A WIDE ARRAY OF DISSEMINATION CHANNELS, INCLUDING FAITH COMMUNITIES, CAMPUS ORGANIZATIONS, PRINT, BROADCAST, AND ONLINE MEDIA. 3529164 0 ENOUGH! 2452679 0 ONLINE COMMUNICATIONS 1336686 0 CAMPUS PROGRESS 1444380 0 EXECUTIVE OFFICE 1091418 0 CONSTITUENT RELATIONS 288142 0 CALIFORNIA OFFICE 10142469 31746038 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 1 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 288 0 1 355 1 1 1 0 0 0 0 1 1 0 0 0 0 X 11 9 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CT FL GA IL KS KY ME MD MA MI MN MS RI NH NJ NM NY NC ND OH OK OR PA VA UT TN SC WA WV WI HI X JOSEPH W SMOLSKIS 2027416276 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 MADELEINE ALBRIGHT 1.00 X 0 0 0 CAROL BROWNER 1.00 X 39706 0 3176 SENATOR TOM DASCHLE 1.00 X 0 0 0 RICHARD LEONE 1.00 X 0 0 0 PETER LEWIS 1.00 X 0 0 0 ARYEH NEIER 1.00 X 0 0 0 MARION SANDLER 1.00 X 0 0 0 TOM STEYER 1.00 X 0 0 0 S DONALD SUSSMAN 1.00 X 0 0 0 JOSE VILLARREAL 1.00 X 0 0 0 HANSJORG WYSS 1.00 X 0 0 0 JOHN PODESTA 31.00 X X 247166 0 23065 NEERA TANDEN 23.00 X 139099 0 17826 DEBORAH FINE 25.00 X 111399 0 12337 JOE SMOLSKIS 25.00 X 23257 0 246 SARAH WARTELL 40.00 X 255008 0 21649 LAWRENCE J KORB 40.00 X 201811 0 25033 JOHN NORRIS 40.00 X 188700 0 20967 DAVID E HALPERIN 40.00 X 182000 0 26077 RALPH S LILLY 40.00 X 174196 0 13823 1562342 0 164199 38 0 1 0 TOM FREEDMAN CONSULTING LLC 1301 CONNECTICUT AVE NW WASHINGTON DC 20036 POLICY CONSULTANT 410000 NEW SIGNATURE 1101 NEW YORK AVENUE NW 675 WASHINGTON DC 20005 TECHNOLOGY CONSULTANT 226454 VANBROWNECOMLTD 22 FORESTERS WALK STAMFORD BRIDGE YORK UK POLICY CONSULTANT 184500 BONNER GROUP INC PO BOX 523523 SPRINGFIELD VA 22152 PROFESSIONAL FUNDRAISING 178813 RED MOUNTAIN STRATEGY 4518 MAPLE AVENUE BETHESDA MD 20814 POLICY CONSULTANT 127059 6 1187 660405 33134253 28125 33795845 PROGRAM SERVICE INCOME 900099 238685 238685 REGISTRATION FEE 900099 4500 4500 243185 42394 42394 1663 -1663 -1663 -1663 101750 660405 180961 -79211 -79211 SUBLEASE INCOME 900099 329833 329833 OTHER INCOME 900099 239418 239418 OFFICE SHARING INCOME 900099 64270 64270 13692 13692 647213 34647763 243185 13692 595041 4723240 4723240 323005 323005 617277 394846 204245 18186 14449323 13351488 818446 279389 811953 752865 43684 15404 737230 675851 46951 14428 1337457 1220909 90238 26310 92677 16212 76465 45827 9972 35626 229 117983 117983 3283130 3223109 36668 23353 33200 33132 55 13 552915 509566 32256 11093 178721 178721 2300229 2051147 202551 46531 1022078 994901 3841 23336 297788 282265 105 15418 671322 597780 59804 13738 92964 82780 8282 1902 BAD DEBT EXPENSE 778781 778781 COMMISSIONED PAPERS 636768 636768 PUBLIC OPINION ANALYSIS 86800 86800 UBI TAX 1956 1956 922595 821900 85742 14953 34115219 31746038 1746915 622266 2312981 6442264 29820751 24903115 7020867 8356389 104996 605261 457681 410922 8273325 5033237 1766895 3240088 131766 145385 38809 42826 41654746 44146250 2979925 1865667 2048731 5121949 5028656 6987616 X 17381551 18431720 19244539 18726914 36626090 37158634 41654746 44146250 532544 0 X 0 1 1 X 0 X 28073894 28045367 38187695 36517866 33795845 164620667 28073894 28045367 38187695 36517866 33795845 164620667 50806818 113813849 513968 795621 565481 403787 372227 2651084 7684 6909 10170 9577 10447 44787 15639 25857 21895 130794 303688 497873 167814411 1571938 0.67820 0.67210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 161726 5847 167573 33906113 34073686 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 701000 630085 314078 167573 1812736 250000 250000 250000 250000 1000000 1500000 100000 119100 51717 161726 432543 3689185 1563995 2125190 1941979 1692493 249486 2642161 1776749 865412 3240088 TENANT DEPOSITS 21000 DEFERRED LEASE OBLIGATION 4596214 DEFERRED COMPENSATION OBLIGATION 145086 DUE TO CENTER FOR AMERICAN PROGRESS ACTION FUND 359649 5121949 34647763 34115219 532544 532544 34828724 180961 180961 34647763 0 34647763 34296180 180961 180961 34115219 0 34115219 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, CAP HAS EVALUATED ITS INCOME TAX POSITIONS FOR THE YEARS ENDED DECEMBER 31, 2011 AND 2010, AND DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS EXIST AND, ACCORDINGLY, CAP HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED INCOME TAX. PART XI, LINE 8 - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 180,961. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENTS EXPENSES 180,961. 1 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION TO SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES. 323005 0 0 0 0 0 0 323005 0 323005 X EUROPE (INCLUDING ICELAND & GREENLAND) ELEVATE LEVEL OF PUBLIC POLICY DISCOURSE 323005 WIRE TRANSFER 0 1 0 0 0 0 0 0 PROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.: SCHEDULE F, PART I, LINE 2: CENTER FOR AMERICAN PROGRESS REQUIRES ANY GRANTEE ORGANIZATION TO REPRESENT, WARRANT AND AGREE: THAT IT WILL USE GRANT FUNDS SOLELY FOR PURPOSES CONSISTENT WITH CAP'S TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, FOR ACTIVITIES CONSISTENT WITH NONPARTISAN, NON-LOBBYING, RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATION PURPOSES; THAT IT WILL ALLOW CAP STAFF OR REPRESENTATIVES TO CONDUCT EVALUATIONS AND AUDITS OF THE USE OF GRANT FUNDS, WHICH MAY INVOLVE VISITS TO OBSERVE, REVIEW AND DISCUSS ITS OPERATIONS, FINANCIAL RECORDS, AND OTHER MATERIALS CONNECTED WITH THE GRANTEE. X X X X X X 1 THE BONNER GROUP INC 729 15TH STREET NW SUITE 3 WASHINGTON DC 200052105 GENERAL FUNDRAISING SERVICES 0 1346000 178813 1167187 YASMIN ABBOUD 1724 17TH STREET NW SUITE 81 WASHINGTON DC 20009 GENERAL FUNDRAISING SERVICES 0 0 29700 -29700 1346000 208513 1137487 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI ANNUAL DINNER 762155 660405 101750 13806 48265 118890 762155 660405 101750 13806 48265 118890 180961 -79211 1 CENTER FOR AMERICAN PROGRESS ACTION FUND 1333 H STREET NW 10TH FLOOR WASHINGTON DC 20005 300192708 501(C)(4) 4252502 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES ROBERT H JACKSON CENTER 305 EAST FOURTH ST JAMESTOWN NY 14702 161605121 501(C)(3) 15000 SUPPORT ANNUAL INTERNATIONAL HUMANITARIAN LAW DIALOGS CONFERENCE. USA FOR UNHCR 1775 K STREET NW 290 WASHINGTON DC 20006 521662800 501(C)(3) 133920 SUPPORT SISTER SCHOOLS PROGRAM BERKELEY CHEFS REGENTS 2195 HEARST AVENUE ROOM 130 BERKELEY CA 94720 946002123 N/A 40000 SUPPORT WORKING FAMILIES PROGRAM AMERICAN IMMIGRATION COUNCIL 1331 G STREET NW SUITE 200 WASHINGTON DC 20005 521549711 501(C)(3) 125000 SUPPORT IMMIGRATION POLICY RESEARCH MOVEMENT STRATEGY CENTER 436 14TH STREET 5TH FLOOR SUITE 500 500 OAKLAND CA 94612 201037643 501(C)(3) 75000 SUPPORT CHARITABLE EDUCATIONAL ACTIVITIES 4 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: CENTER FOR AMERICAN PROGRESS REQUIRES ANY GRANTEE ORGANIZATION TO REPRESENT, WARRANT AND AGREE: THAT IT WILL USE GRANT FUNDS SOLELY FOR PURPOSES CONSISTENT WITH CAP'S TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THAT NO PORTION OF GRANT FUNDS WILL BE USED DIRECTLY OR INDIRECTLY TO EXPRESSLY OR IMPLICITLY SUPPORT OR OPPOSE ANY CANDIDATE SEEKING ELECTION TO PUBLIC OFFICE OR PROVIDE A BENEFIT TO ANY POLITICAL PARTY OR CANDIDATE; THAT IT WILL ALLOW CAP STAFF OR REPRESENTATIVES TO CONDUCT EVALUATIONS AND AUDITS OF THE USE OF GRANT FUNDS, WHICH MAY INVOLVE VISITS TO OBSERVE, REVIEW AND DISCUSS ITS OPERATIONS, FINANCIAL RECORDS, AND OTHER MATERIALS CONNECTED WITH THE GRANTEE; AND THAT IT WILL SEND CAP FINAL FINANCIAL AND NARRATIVE REPORTS BY A DATE SPECIFIED IN THE ORIGINAL AWARD LETTER. CAP REQUIRES DONEE ORGANIZATIONS TO PROVIDE NARRATIVE AND FINANCIAL REPORTS THAT: ARE SIGNED BY AN OFFICER OF THE ORGANIZATION; DESCRIBE HOW THE FUNDS WERE SPENT AND WHAT WAS ACCOMPLISHED; AND PROVIDE A REASONABLY DETAILED ACCOUNT OF THE ACTIVITIES CONDUCTED BY THE GRANTEE IN PERFORMANCE OF THE AGREED UPON WORK. X X X X 0 0 0 0 0 0 0 0 0 JOHN PODESTA 247166 0 0 0 0 0 22289 0 776 0 270231 0 0 0 NEERA TANDEN 139099 0 0 0 0 0 11323 0 6503 0 156925 0 0 0 SARAH WARTELL 255008 0 0 0 0 0 20330 0 1319 0 276657 0 0 0 LAWRENCE J KORB 201811 0 0 0 0 0 16072 0 8961 0 226844 0 0 0 JOHN NORRIS 188700 0 0 0 0 0 9435 0 11532 0 209667 0 0 0 DAVID E HALPERIN 182000 0 0 0 0 0 14560 0 11517 0 208077 0 0 0 RALPH S LILLY 174196 0 0 0 0 0 8736 0 5087 0 188019 0 0 0 X 4 28125 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE CORPORATION'S BOARD AMENDED THE BYLAWS IN 2011 TO (1) DESIGNATE THE FALL MEETING AS THE ANNUAL MEETING OF THE BOARD, AT WHICH OFFICER, DIRECTOR AND COMMITTEE ELECTIONS OCCUR; AND (2) TO CREATE THE OFFICE OF CHAIR, WHICH OFFICER WILL PRESIDE OVER THE MEETINGS OF THE BOARD AMONG OTHER ACTIVITIES. FORM 990, PART VI, SECTION B, LINE 11 THE FINANCE DEPARTMENT WORKS DIRECTLY WITH AN INDEPENDENT ACCOUNTING FIRM TO PREPARE THE 990 ON BEHALF OF THE CORPORATION. THE FINANCE DEPARTMENT MANAGES THE PROCESS, WITH CLOSE COORDINATION WITH THE LEGAL DEPARTMENT. THE ACCOUNTING FIRM PROVIDES A DRAFT 990, WHICH IS REVIEWED AND COMMENTED ON BY FINANCE, LEGAL AND THE CORPORATE OFFICERS. THE COMPLETE 990 AND SUMMARY MATERIALS WERE PROVIDED TO THE AUDIT COMMITTEE OF THE BOARD FOR REVIEW AND CONSIDERATION ON BEHALF OF THE FULL BOARD. THE AUDIT COMMITTEE WAS OFFERED THE OPPORTUNITY TO DISCUSS THE MATERIALS WITH CORPORATION STAFF AND THE ACCOUNTING FIRM THAT PREPARED THE 990. THE AUDIT COMMITTEE APPROVED THE FORM 990 AND THE FULL BOARD RECEIVES THE APPROVED VERSION BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION IS COMMITTED TO PREVENTING OUTSIDE FINANCIAL INTERESTS OF ITS BOARD MEMBERS, OFFICERS OR EMPLOYEES FROM INFLUENCING ITS ACTIVITIES. TO THAT END, IT HAS ADOPTED AND ENFORCES POLICIES TO PREVENT CONFLICTS OF INTEREST AND THE APPEARANCE OF CONFLICTS OF INTEREST, INCLUDING SEPARATE POLICIES GOVERNING (1) OFFICERS, DIRECTORS, AND KEY EMPLOYEES; AND (2) ALL EMPLOYEES. COMPLIANCE WITH POLICIES GOVERNING OFFICERS, DIRECTORS AND KEY EMPLOYEES OFFICERS, DIRECTORS AND KEY EMPLOYEES RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY, AND ARE ASKED TO REVIEW THE POLICY AND SIGN AN ACKNOWLEDGEMENT AFFIRMING RECEIPT, REVIEW AND AGREEMENT TO COMPLY WITH THE POLICY, AS WELL AS UNDERSTANDING THAT THE CORPORATION IS A CHARITABLE ORGANIZATION. IN ADDITION, OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE ASKED TO COMPLETE AN ANNUAL INDEPENDENCE QUESTIONNAIRE, WHICH SEEKS DISCLOSURE OF CERTAIN RELATIONSHIPS, ARRANGEMENTS AND TRANSACTIONS IN ORDER TO DETERMINE INDEPENDENCE AND THE EXISTENCE OF CONFLICTS OF INTEREST. THESE POLICIES DESCRIBE POTENTIAL CONFLICTS, PROVIDE MEANS FOR DISCLOSURE, AND PROVIDE PROCESSES FOR INVESTIGATING AND RESOLVING POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15 IT IS THE POLICY OF CAP THAT THE PRESIDENT SUBMITS HIS OR HER RECOMMENDATIONS FOR COMPENSATION OF NEWLY HIRED SENIOR MANAGERS AT CAP TO THE COMPENSATION COMMITTEE OF THE BOARD FOR ITS APPROVAL WHEN, AMONG OTHER THINGS, THE RECOMMENDED SALARY EQUALS OR EXCEEDS AN INFLATION ADJUSTED THRESHOLD. FOR FELLOWS, THE BOARD APPROVES A RANGE OF COMPENSATION, ADJUSTED ANNUALLY FOR INFLATION. SALARIES FOR HALF-TIME AND FULL-TIME FELLOWS AND FOR OTHER SALARIES ARE PROPORTIONAL TO THIS PAY SCALE. THE PRESIDENT SUBMITS RECOMMENDATIONS FOR ANY FELLOW TO BE COMPENSATED OUTSIDE OF THIS RANGE. THIS POLICY WAS ESTABLISHED IN ORDER TO PREVENT PAYING EXCESSIVE COMPENSATION TO EMPLOYEES. TO THIS END, COMPENSATION RECOMMENDATIONS FOR NEW SENIOR STAFF OR FELLOWS ABOVE THE APPLICABLE INFLATION ADJUSTED THRESHOLD ARE SUBMITTED TO THE COMPENSATION COMMITTEE. THE RECOMMENDATION INCLUDES A JOB DESCRIPTION, INFORMATION ABOUT THE QUALIFICATIONS OF THE CANDIDATE, AND INFORMATION ABOUT WHAT COMPARABLE ORGANIZATIONS ARE PAYING FOR SIMILAR SERVICES. THE COMPENSATION COMMITTEE WILL CONSIDER AND MAY APPROVE THESE RECOMMENDATIONS. THE COMMITTEE DOCUMENTS THE BASIS FOR ITS DECISION WITH A CONTEMPORANEOUS RECORD THAT IS KEPT IN THE CORPORATION'S BOOKS AND RECORDS. ONCE COMPENSATION IS APPROVED BY THE BOARD, THE PRESIDENT IS AUTHORIZED TO ADJUST THE SALARY LEVELS OF CERTAIN HIGHLY COMPENSATED EMPLOYEES AND FELLOWS WITHOUT APPROVAL BY THE COMPENSATION COMMITTEE WHEN (1) THE RELEVANT SUPERVISOR HAS COMPLETED AN EVALUATION OF THE EMPLOYEE'S OR FELLOW'S WORK AND IT WAS DETERMINED THAT HIS OR HER WORK "MET OR EXCEEDED EXPECTATIONS" FOR THAT POSITION; (2) THE PRESIDENT OR COO HAS REVIEWED RECENT DATA AS TO WHAT COMPARABLE ORGANIZATIONS ARE PAYING FOR SIMILAR SERVICES AND DETERMINED THAT THE ADJUSTED SALARY WOULD BE REASONABLE AND APPROPRIATE; (3) THE PRESIDENT OR COO HAS DETERMINED THAT THE ADJUSTMENT WOULD BE COMMENSURATE WITH OTHER HIGHLY COMPENSATED EMPLOYEES OR FELLOWS WITH SIMILAR RESPONSIBILITIES, AUTHORITY, AND PERFORMANCE WITHIN CAP; AND (4) THE SALARY INCREASE IS NOT MORE THAN 15% OF THE SENIOR STAFF OR FELLOW'S PER ANNUM SALARY, AND THAT THE TOTAL INCREASES OVER THREE YEARS NOT EXCEED 35%. THE COMPENSATION COMMITTEE IS COMPRISED OF INDEPENDENT DIRECTORS; ONLY MEMBERS WITHOUT A CONFLICT OF INTEREST VOTE FOR EACH RECOMMENDATION. THE OFFICERS AND EMPLOYEES FOR WHICH THE COMPENSATION REVIEW AND APPROVAL PROCESS DESCRIBED ABOVE WAS USED IN THE PRECEDING YEAR IS AS FOLLOWS: SVP FOR DEVELOPMENT, SEPTEMBER 2011; SVP AND CFO, NOVEMBER 2011; PRESIDENT AND CEO, DECEMBER 2011; CHAIR, DECEMBER 2011; COUNSELOR FOR POLICY, JANUARY 2012. FORM 990, PART VI, SECTION C, LINE 19 CAP MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CAP'S GOVERNING DOCUMENTS ARE INCLUDED IN ITS FORM 1023, APPLICATION FOR RECOGNITION OF EXEMPTION UNDER SECTION 501(C)(3). CHANGES TO ITS GOVERNING DOCUMENTS ARE FILED WITH ITS ANNUAL FORM 990. BOTH FORMS AND THE 990-T ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CAP'S ANNUAL FORM 990 IS ALSO MADE AVAILABLE TO THE PUBLIC BY WAY OF THE ONLINE INFORMATION SERVICE, GUIDESTAR.ORG, AS WELL AS BY SOME OF THE STATES WHERE IT IS REQUIRED TO SUBMIT ITS 990 FOR STATE REGISTRATION. CAP'S AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. CAP'S FINANCIAL STATEMENTS ARE AUDITED BY AN INDEPENDENT ACCOUNTANT ON AN ANNUAL BASIS. CAP'S AUDIT COMMITTEE, ACTING WITH DELEGATED AUTHORITY ON BEHALF OF THE FULL BOARD OF DIRECTORS, OVERSEES ALL ASPECTS OF THE CORPORATION'S FINANCIAL STATEMENT AUDIT. EACH YEAR, THE AUDIT COMMITTEE APPROVES THE ORGANIZATION'S AUDITOR. AT ANY STAGE OF THE AUDIT, THE AUDIT COMMITTEE HAS THE OPPORTUNITY TO MEET WITH THE AUDITOR WITH OR WITHOUT CAP MANAGEMENT OR STAFF PRESENT. AT THE CONCLUSION OF THE AUDIT, THE AUDIT COMMITTEE REVIEWS THE AUDIT REPORT, WHICH INCLUDES COMMUNICATIONS TO THE AUDIT COMMITTEE REQUIRED UNDER STATEMENT OF AUDITING STANDARDS #114. AFTER ITS REVIEW AND DISCUSSION WITS THE AUDITOR, THE AUDIT COMMITTEE VOTES TO ACCEPT OR REJECT THE AUDIT.