| Form 990, Part III, Line 4d: Other Program Services Description |
OTHER PROGRAM SERVICES 4: EXTENDED STUDIES AND LIFELONG LEARNING CENTER: THE COURSES CAN VARY FROM LOCAL COMMUNITY-BASED TO TRAVEL PROGRAMS. THE COURSES ARE SET UP TO BE NON-CREDIT AND NON-DEGREE. THIS PROGRAM IS ACADEMIC IN NATURE FOR NON-DEGREE SEEKING STUDENTS. COURSES REFLECT THE COLLEGES MISSION IN NATURE. |
| Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents |
Added Audit Committee |
| Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body |
Prescott College Corporation, which is comprised of students, employees, alumni, and Board of Trustees votes to elect the members of the Board of Trustees. |
| Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders |
Decisions relating to the bylaws and the Mission Statement must be voted on and approved by the corporation. |
| Form 990, Part VI, Line 11b: Form 990 Review Process |
Form 990 is first reviewed by the CFO. Next, the return is reviewed by the finance committee. The return receives final approval by the Board of Trustees. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
The policy is enforced if the conflict is known. |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
Top Management and Directors as well as other positions in the college are determined based on comparability of data from like institutions, like positions and the local economy. Status within Prescott College is also a factor so that one job is not out of alignment compared to other Xlike responsibility" jobs in other departments. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
Governing documents via Prescott College website; conflict of interest policy and audited financial statements upon request. |
Attach to Form 990 or 990-EZ.