2024-03-26T14:41:10-05:00 2023-09-30 430765316 RUBINBROWN LLP 1900 16TH STREET SUITE 1700 DENVER CO 80202 990 2022-10-01 840410630 GIRL SCOUTS OF COLORADO GIRL 3036074888 1485 S COLORADO BLVD STE 210 DENVER CO 80222 DONNELL HEISTAND COO 3036074888 2024-03-19 1 DONNELL HEISTAND 999009999 1 KIMBERLY A RYAN P00829977 3036981883 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z LEANNA CLARK 1485 S COLORADO BLVD STE 210 DENVER CO 80222 30282710 0 X WWW.GIRLSCOUTSOFCOLORADO.ORG X 1937 CO GIRL SCOUTS OF COLORADO PREPARES GIRLS AND ADULTS TO CREATE UNIQUE LEADERSHIP PATHS, IGNITE CHANGE, AND SHARE A WORLDWIDE SISTERHOOD THROUGH TRADITIONS AND NEW EXPERIENCES. GIRL SCOUTS BUILDS GIRLS OF COURAGE, CONFIDENCE, AND CHARACTER, WHO MAKE THE WORLD A BETTER PLACE. 22 22 269 6241 0 0 6088293 1526849 1024696 1535872 32779 694227 11789910 12876956 18935678 16633904 392826 376341 0 0 8763665 10023097 0 0 621029 4475050 5650649 13631541 16050087 5304137 583817 35965598 40381221 1641404 3980571 34324194 36400650 X GIRL SCOUTS OF COLORADO PREPARES GIRLS AND ADULTS TO CREATE UNIQUE LEADERSHIP PATHS, IGNITE CHANGE, AND SHARE A WORLDWIDE SISTERHOOD THROUGH TRADITIONS AND NEW EXPERIENCES. 0 0 9940957 376341 0 IT ALL STARTS WITH A DREAM AND IN 2023 GIRL SCOUTS OF COLORADO FOUND THAT DREAMS REALLY CAN COME TRUE BOTH FOR GIRL SCOUTS AND FOR THE ORGANIZATION.GIRL SCOUTS OF COLORADO OPENED THE VERY FIRST GIRL SCOUT DREAMLAB IN MARCH 2023, BECOMING THE FIRST COUNCIL IN THE NATION TO REALIZE THE NATIONAL VISION OF CREATING A LIVING, BREATHING REPRESENTATION OF THE GIRL SCOUT BRAND. THE DREAMLAB IS A PLACE WHERE GIRL SCOUTS CAN TRY NEW THINGS IN STEM, PODCASTING, CLIMBING, AND CREATING; AND IT'S A PLACE WHERE THE COMMUNITY CAN JOIN IN AND SEE WHAT GIRL SCOUTING IS REALLY ALL ABOUT. (CONTINUED ON SCHEDULE O)NEARLY 1,000 PEOPLE CAME THROUGH ON OPENING DAY AND SINCE THEN THOUSANDS OF OTHERS HAVE ATTENDED FAMILY FUN DAYS, DROP-IN ROBOTICS, UKULELE CLASSES, PARTNER PROGRAMS, AND MUCH MORE. THE VISION IS TO HAVE SIMILAR SPACES AROUND THE STATE AND BRING THE LIFE-CHANGING GIRL SCOUT EXPERIENCES TO MORE GIRLS.EVERYTHING A GIRL SCOUT DOES STARTS WITH A DREAM. SHE DREAMS OF A BETTER WORLD, AND SHE TAKES ACTION TO MAKE IT HAPPEN. SHE DREAMS OF TRAVELING TO SEE THE WORLD AND SHE SETS GOALS, MAKES PLANS, AND LAUNCHES ON HER JOURNEY WITH HER GIRL SCOUT SISTERS. SHE DREAMS OF RUNNING HER OWN BUSINESS SOMEDAY, AND SHE GETS HER FIRST TRY AT ENTREPRENEURSHIP DURING THE GIRL SCOUT COOKIE PROGRAM.GIRLS NEED A SAFE SPACE WHERE THEY CAN BE THEMSELVES, WITHOUT JUDGEMENT AND WITH THE SUPPORT OF CARING MENTORS AND FRIENDS FOR LIFE. THAT'S GIRL SCOUTS. GIRL SCOUTS KNOW MENTAL WELLNESS MUST BE A PRIORITY, SO THIS YEAR, WE EXPANDED OUR SISTER OF SUPPORT RETREATS FROM ONE TO THREE AND BROUGHT NEW MENTAL WELLNESS PATCH PROGRAMS TO OUR TROOP VOLUNTEERS.IT ALL STARTS WITH A DREAM AND GIRL SCOUTS OF COLORADO REALIZED SOME BIG IDEAS IN 2023: - OPENING THE FIRST-IN-NATION DREAMLAB - LAUNCHING A MONTHLY GIRL-DRIVEN PODCAST SERIES - 15% INCREASE IN COOKIE PROGRAM DESPITE LIMITED SUPPLY ISSUES - NEW PARTNERSHIPS WITH ORGANIZATIONS FOCUSED ON ENSURING ALL GIRLS HAVE OPPORTUNITIES TO FULFILL THEIR POTENTIAL - MOST SUCCESSFUL WOMEN OF DISTINCTION SERIES OF FUNDRAISING EVENTS IN TERMS OF ATTENDANCE AND DOLLARS RAISED - EXPANSION OF THE HORSE PROGRAM AT TOMAHAWK RANCH AND A NEW BEACH WITH A DOCK AT SKY HIGH RANCHTHESE ARE JUST A FEW OF THE SUCCESSES BECAUSE THE REAL ACHIEVEMENTS LIE IN THE LEADERSHIP GROWTH AND ACCOMPLISHMENTS OF THE 16,257 YOUTH MEMBERS AND THE 6,241 ADULT VOLUNTEERS WHO GUIDE THEM ON THEIR LEADERSHIP JOURNEY.TRANSFORMATIONAL LEADERSHIP BEGINS IN GIRLHOOD. GIRL SCOUTS GIVES GIRLS A SPACE TO LEAD, THRIVE, AND MAKE THE WORLD A BETTER PLACE.THE GIRL SCOUT PROGRAM IS A GIRL-LED LEADERSHIP EXPERIENCE WHERE GIRLS DISCOVER, CONNECT, AND TAKE ACTION THROUGH BADGE-EARNING, CIVIC ENGAGEMENT, OUTDOOR EXPERIENCES, AND TRAVEL. IT'S A LIFE-LONG LEADERSHIP JOURNEY THAT PROGRESSES AS GIRLS GROW. THROUGH THE GIRL SCOUT LEADERSHIP EXPERIENCE, WE KNOW THAT GIRLS ARE DEVELOPING LEADERSHIP SKILLS THROUGH EVERYDAY ACTIONS BIG AND SMALL, AND INCORPORATING OUR FOUR PROGRAM PILLARS (STEM, OUTDOORS, LIFE SKILLS, AND ENTREPRENEURSHIP) INTO EVERYTHING THEY DO AS GIRL SCOUTS. PARTICIPATING IN GIRL SCOUTS IS PROVEN TO HELP GIRLS THRIVE IN FIVE WAYS AS THEY: - DEVELOP A STRONG SENSE OF SELF. - DISPLAY POSITIVE VALUES. - SEEK CHALLENGES AND LEARN FROM SETBACKS. - FORM AND MAINTAIN HEALTHY RELATIONSHIPS. - AND IDENTIFY AND SOLVE PROBLEMS IN THE COMMUNITY.IN ADDITION TO PARTICIPATING IN ACTIVITIES WITH THEIR TROOP, MORE THAN 6,000 GIRL SCOUTS ATTENDED STAFF-LED OR PARTNER-LED PROGRAMMING EVENTS, WITH MORE THAN 90% OF THOSE BEING IN-PERSON EVENTS. 2918263 0 1535872 OUTDOOR PROGRAMS:THE OUTDOOR EXPERIENCE CAN BE PIVOTAL IN A GIRL'S LIFE, AND MORE THAN 2,800 GIRLS ATTENDED STAFF-LED AND VOLUNTEER-LED OUTDOOR PROGRAMS THIS YEAR. THAT REPRESENTS A 25% INCREASE OVER THE YEAR PRIOR. SOME BIG DREAMS REALIZED WERE LEASING A HERD OF 15 HORSES FOR HORSEBACK RIDES AT TOMAHAWK RANCH, OFFERING MULTICULTURAL FAMILY CAMP OPPORTUNITIES, AND EXPANDING OUTDOOR ADVENTURE CLUB PROGRAMMING TO INCLUDE A RAFTING TRIP AND A TRIP TO THE GREAT SAND DUNES NATIONAL PARK AND PRESERVE. 0 0 12976526 ENTREPRENEURSHIP: THROUGH PRODUCT PROGRAMS, MORE THAN 10,000 GIRL SCOUTS FLEXED THEIR ENTREPRENEURIAL MUSCLES AND RAN THEIR OWN BUSINESSES, BRINGING IN MORE THAN $3.5 MILLION IN TROOP PROCEEDS TO FUND THEIR NEXT GIRL SCOUT ADVENTURES AND SERVICE PROJECTS. IN ADDITION, THESE GIRL SCOUTS SOLD NEARLY 150,000 PACKAGES OF COOKIES TO BE DONATED TO THEIR HOMETOWN HEROES, ORGANIZATIONS SUCH AS FIRE DEPARTMENTS, FOOD PANTRIES, AND ANIMAL SHELTERS. THE FALL PRODUCT PROGRAM ALSO SAW MORE THAN 3,000 GIRL SCOUTS PARTICIPATING AND BROUGHT IN MORE THAN $1.2 MILLION IN TOTAL SALES. 0 0 0 LIFE SKILLS: GIRL SCOUTS LOVE TO HELP THEIR COMMUNITIES AND THROUGH THE HIGHEST AWARDS PROGRAM THEY DEVELOP LIFELONG PROBLEM-SOLVING AND LEADERSHIP SKILLS, AND THEY MAKE A SUSTAINABLE IMPACT ON OUR WORLD. THIS YEAR, 624 JUNIOR GIRL SCOUTS EARNED THE BRONZE AWARD, 283 CADETTE GIRL SCOUTS EARNED SILVER, AND 40 SENIOR AND AMBASSADOR GIRL SCOUTS EARNED THE GOLD AWARD. THESE GIRL SCOUTS ARE PRIME EXAMPLES OF THE GIRL SCOUT LEADERSHIP EXPERIENCE IN ACTION. THEY EARNED THE HIGHEST AWARD A HIGH SCHOOL AGE GIRL SCOUT CAN EARN BY LEADING PROJECTS THAT MAKE A LASTING IMPACT ON OUR WORLD. IT'S A HUGE ACCOMPLISHMENT THAT ALSO IMPACTS THE GOLD AWARD GIRL SCOUT AS A PERSON. A FEW BIG IDEAS ADDRESSED BY THIS YEAR'S GOLD AWARD CLASS INCLUDE CREATING THE ONLY COLLEGE REVIEW RESOURCE SPECIFIC TO THE BLACK EXPERIENCE; CREATING A SEATBELT AWARENESS PROGRAM FOR TEEN DRIVERS; AND CREATING A PROGRAM TO GET KIDS AND FAMILIES OUTDOORS BY HIKING.THE LONGER A GIRL STAYS IN GIRL SCOUTS, THE MORE SHE GETS OUT OF IT AND THE MORE SHE GIVES BACK TO THE COMMUNITY. WHEN A TROOP LEADER SAYS 'TELL ME MORE' WHEN THEY PITCH A BIG IDEA, NURTURES THEIR DREAMS, AND MAKES IT EASIER TO BELIEVE IN THEM, A GIRL SCOUT'S CONFIDENCE GROWS. WHEN THEY SEE HOW TO MAKE DREAMS A REALITY, AND THEY SEE THAT THEY CAN MAKE A DIFFERENCE IN THE WORLD, THEY BEGIN TO KNOW THEIR OWN POWER. THAT'S WHEN THE MAGIC HAPPENS WHEN THE GIRL AND THE WORLD ARE FOREVER CHANGED! 0 0 0 12859220 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 269 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X DONNELL HEISTAND 3036074888 1485 S COLORADO BLVD STE 210 DENVER CO 80222 CHRISTY BELZ CO-CHAIRPERSON OF FUND DEVELOPMENT 5.00 X X 0 0 0 BROOKE BODART SECRETARY (THRU 7/23) 3.00 X X 0 0 0 CAROLINE CORNELL CHAIRPERSON 10.00 X X 0 0 0 CRYSTAL EUSTIS CHAIRPERSON OF AUDIT 5.00 X X 0 0 0 VICTORIA GIGOUX CHAIRPERSON OF MCC 5.00 X X 0 0 0 CHRISTINA GUNN CHAIRPERSON OF BOARD GOV. 5.00 X X 0 0 0 GENIA HERNDON CHAIRPERSON OF YPC 5.00 X X 0 0 0 MAUREEN MCDONALD CO-CHAIRPERSON OF FUND DEVELOPMENT 5.00 X X 0 0 0 ANGELA ROBERTS TREASURER 5.00 X X 0 0 0 DIANE SCOTT SECRETARY 5.00 X X 0 0 0 SHANNON SISLER CHAIRPERSON OF BOARD GOV. (THRU 9/23) 5.00 X X 0 0 0 CARRIE WALTERS VICE CHAIRPERSON 5.00 X X 0 0 0 CHERIE AXELROD DIRECTOR 3.00 X 0 0 0 JEFF DETRA DIRECTOR 3.00 X 0 0 0 MEGAN FLORI KING DIRECTOR 3.00 X 0 0 0 ERICA FUKUHARA DIRECTOR 3.00 X 0 0 0 JAIME GARDENER DIRECTOR 3.00 X 0 0 0 KRIS GAW DIRECTOR 3.00 X 0 0 0 HAYLEY HARRIS DIRECTOR 3.00 X 0 0 0 MEREDITH KUEHLER DIRECTOR 3.00 X 0 0 0 AMY MCGARRITY DIRECTOR 3.00 X 0 0 0 BARBARA MYRICK DIRECTOR (THRU 9/23) 3.00 X 0 0 0 KELLI OGUNSANYA DIRECTOR 3.00 X 0 0 0 ANJI ROE WOOD DIRECTOR 3.00 X 0 0 0 RANEE SHENOI MD DIRECTOR (THRU 9/23) 3.00 X 0 0 0 MANETTE SNOW DIRECTOR 3.00 X 0 0 0 LEANNA CLARK CHIEF EXECUTIVE OFFICER 40.00 X 230413 0 23581 DONNELL HEISTAND CHIEF OPERATING OFFICER 40.00 X 172800 0 10049 KRISTIN HAMM CHIEF MARKETING OFFICER 40.00 X 101967 0 21267 MICHELLE BLACKWELL BOOT CHIEF HR OFFICER 40.00 X 93291 0 26121 MARTHA S JOHNSON CHIEF DEVEL. OFFICER 40.00 X 90691 0 26141 ROSEMARIE T ADAMS-GROTE CONTROLLER 40.00 X 119553 0 12394 LINDSAY C STANDISH CHIEF RISK MANAGEMENT OFFICER 40.00 X 102724 0 21518 RYCHELLE T ARNOLD CHIEF PRODUCT PROGRAM OFFICER 40.00 X 104850 0 12130 HEIDI R VIELHABER CHIEF OUTDOOR PROGRAM AND PROPERTY OFFICER 40.00 X 103192 0 2051 KATHRYN SINGLETON CHIEF MEMBERSHIP AND PROGRAM OFFICER 40.00 X 101077 0 2081 1220558 0 157333 10 0 1 0 0 15188 336749 100000 1074912 25950 1526849 CAMP AND PROGRAM SERVICE FEE 900099 1535872 1535872 1535872 440359 440359 6001 0 6001 6001 6001 2999980 291756 2999980 37888 0 253868 253868 253868 93976 336749 199547 -105571 -105571 23387917 10411391 12976526 12976526 16633904 14512398 0 594657 376341 376341 812811 123186 559949 129676 7298739 6361354 636141 301244 67580 62508 2205 2867 1222704 1113629 66681 42394 621263 512466 80951 27846 12800 12800 55164 55164 50465 50465 353478 188601 161751 3126 104993 86245 15943 2805 1365628 1214032 123668 27928 157732 137119 17639 2974 1118925 1081976 28800 8149 358485 301132 41706 15647 8838 7 8831 460518 414550 31025 14943 345325 310855 23265 11205 GSUSA PENSION OBLIGATIO 548025 548025 BANKING / CREDIT CARD 355401 307273 21833 26295 EMPLOYEE EXPENSES 185088 127369 57719 DUES / FEES 106251 84257 18637 3357 63533 56320 6640 573 16050087 12859220 2569838 621029 7672709 2592509 866075 110500 0 97685 180768 251836 259933 256040 12109344 6533155 3485629 5576189 5824549 10392909 17675935 21103553 35965598 40381221 1449268 2004040 192136 380019 0 1596512 1641404 3980571 X 32325020 34911988 1999174 1488662 34324194 36400650 35965598 40381221 X 583817 28760 1463879 X X 0 1 X 1 0 X 911664 852980 3320282 6088293 1526849 12700068 911664 852980 3320282 6088293 1526849 12700068 12700068 25139 44124 14227 38780 446360 568630 0 0 0 10154 0 10154 13278852 58846448 0.95640 0.98790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 848244 1774 68469 30834 887653 1007664 29529 -139800 49149 848244 873990 14170 138954 19450 1007664 820746 26488 54297 27541 873990 825263 2905 12358 19780 820746 0.00000 0.89980 0.10020 1 0 335972 335972 6165673 3783608 2382065 2671026 1258663 1412363 1509905 933190 576715 1426768 557694 869074 5576189 BENEFICIAL INTERESTS IN ASSETS 19561916 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 227312 RIGHT OF USE ASSETS - OPERATING LEASES 1314325 21103553 OPERATING LEASE LIABILITIES 1596512 1596512 18294574 28760 218496 1463879 1711135 16583439 50465 50465 16633904 16218118 218496 218496 15999622 50465 50465 16050087 PART V, LINE 4: THE GIRL SCOUTS OF COLORADO ENDOWMENT FUNDS PROVIDE RESOURCES FOR SCHOLARSHIPS, OUTDOOR PROGRAMS, CAPITAL REPLACEMENT AND OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 1,463,879. WOMEN OF DISTINCTION 430725 336749 93976 45548 90870 63129 430725 336749 93976 45548 90870 63129 199547 -105571 1 NATIONAL DUES ASSISTANCE 12008 194342 MEMBERS ASSISTANCE 210 22148 CAMP ASSISTANCE 1004 153616 EVENT ASSISTANCE 125 6235 PART I, LINE 2 ORGANIZATION'S PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS: ALL GRANTS ARE MANAGED IN A FUNDRAISING DATABASE. THE ASSIGNED FUNDRAISER IS RESPONSIBLE FOR ALL COMMUNICATION, REPORTING, AND FOLLOW UP. INFORMATION REGARDING THE SPECIFIC GRANT INCLUDES: - DATE RECEIVED, AMOUNT AND PURPOSE RECORDED AND ACKNOWLEDGED - AWARD LETTER AND ANCILLARY DOCUMENTATION - ACTIONS ADDED FOR INTERIM REPORTS, FINAL REPORTS, SITE VISITS GRANTS WHICH ARE RESTRICTED FOR A SPECIFIC PURPOSE AND WILL BE EXPENDED ON AN ONGOING BASIS FOR THAT PURPOSE ARE APPROPRIATELY RESTRICTED. REPORTING TO FUNDERS ENSURES FUNDS WERE STEWARDED AND EXPENDED PROPERLY. X X X X 0 0 0 0 0 0 0 0 0 LEANNA CLARK CHIEF EXECUTIVE OFFICER 229013 0 1400 0 0 0 4423 0 19158 0 253994 0 0 0 DONNELL HEISTAND CHIEF OPERATING OFFICER 171350 0 1450 0 0 0 0 0 10049 0 182849 0 0 0 X BEVERAGES 2 23000 FMV X TRAINING AIDS 1 1500 FMV X KAYAK 1 1450 FMV 0 0 0 PART I, COLUMN (B): NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 4 DURING FISCAL 2023, THE GSCO BOARD OF DIRECTORS APPROVED THE FOLLOWING CHANGES TO THE BY-LAWS: THE TERMS OF OFFICE CHANGED FROM THREE YEAR TERMS TO TWO YEAR TERMS WITH UPDATES FOR DIRECTOR VACANCIES. A DIRECTOR MAY BE REMOVED WITH A TWO-THIRDS VOTE. ANY ACTION MAY BE TAKEN WITHOUT A MEETING WITH THREE-QUARTERS OF THE DIRECTORS VOTING. BOARD OFFICERS ARE NOW BOARD CHAIR, VICE CHAIR, SECRETARY AND TREASURER. TERMS FOR OFFICERS AND CHAIRS OF STANDING COMMITTEES ARE NOW A MINIMUM OF ONE YEAR OR MAXIMUM OF TWO YEARS WITH AN INDIVIDUAL NOT SERVING MORE THAN SIX YEARS TOTAL IN ANY SINGLE OFFICE. IF THE BOARD CHAIR BECOMES VACANT THE VICE CHAIR AND THEN SECRETARY WILL ASSUME THE ROLE FOR THE REMAINING TERM. THE BOARD GOVERNANCE COMMITTEE SHALL NOMINATE REPLACEMENTS FOR OFFICER/STANDING COMMITTEE VACANCIES. RESIGNATION FROM AN OFFICER/STANDING COMMITTEE POSITION DOES NOT CONSTITUTE A RESIGNATION AS A DIRECTOR. RESIGNATION AS A DIRECTOR REQUIRES NOTICE TO THE BOARD CHAIR OR SECRETARY. THE EXECUTIVE COMMITTEE IS COMPRISED OF BOARD OFFICERS AND THE CEO AS AN EX OFFICIO MEMBER. STANDING COMMITTEE CHAIRS MAY BE INCLUDED IN THE EXECUTIVE COMMITTEE MEETING AS EX OFFICIO AND WITHOUT A VOTE. OTHER DIRECTORS/VOLUNTEERS MAY BE INVITED TO THE EXECUTIVE COMMITTEE MEETING AT THE INVITATION OF THE BOARD CHAIR, TO DISCUSS IMPORTANT ISSUES, BUT ARE EX OFFICIO AND WITHOUT VOTE. DUTIES OF THE EXECUTIVE COMMITTEE ARE TO REVIEW THE BOARD MEETING AGENDA, EXERCISE POWERS BETWEEN BOARD MEETINGS WHEN TIME IS OF THE ESSENCE AND NO SPECIAL BOARD MEETING OR ELECTRONIC/WRITING VOTE CAN BE COMPLETED WITHIN THE TIME CONSTRAINT. THE EXECUTIVE COMMITTEE MAY NOT APPROVE THE BUDGET, AMEND BY-LAWS, OR TAKE ACTION WHICH WOULD BE A SUBSTANTIAL DEPARTURE FROM BOARD POLICIES AND PROCEDURES. ALL DISCUSSIONS AND ACTIONS OF THE EXECUTIVE COMMITTEE WILL BE REPORTED AT THE NEXT SCHEDULED BOARD MEETING. DUTIES, RESPONSIBILITIES , MEMBERS, AND TERMS OF THE VARIOUS STANDING COMMITTEES WERE UPDATED. FORM AND TIME OF NOTICES, AS WELL AS REMOTE MEETINGS, WERE UPDATED TO INCLUDE DIGITAL/ONLINE TECHNOLOGIES OR SERVICES AND MAILING OF PAPER DOCUMENTS WAS REMOVED. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE BY GSCO'S AUDITORS; AFTER THIS REVIEW, THE AUDIT COMMITTEE RECOMMENDS THE 990 TO THE BOARD. THE AUDITORS THEN ALSO REVIEW THE 990 WITH THE BOARD OF DIRECTORS AND THE BOARD OF DIRECTORS APPROVES THE 990. ALL APPROVALS OCCUR PRIOR TO THE FORM 990 BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C GIRL SCOUTS OF COLORADO HAS A CONFLICTS OF INTEREST AND CONFIDENTIALITY POLICY, MOST RECENTLY UPDATED NOVEMBER 2021. THE PURPOSE OF THE POLICY ENSURES THAT ALL BOARD/COMMITTEE AND OFFICER DECISIONS OF GIRL SCOUTS OF COLORADO ARE IMPARTIAL AND DO NOT COMPETE OR GIVE THE APPEARANCE OF COMPETING WITH THE INTERESTS OR CONCERNS OF THE COUNCIL. WITH RESPECT TO A CONFLICT OF INTEREST, THE POLICY ADDRESSES WHETHER A BOARD/COMMITTEE OR OFFICER HAS AN EXISTING OR POTENTIAL FINANCIAL INTEREST OR ANY OTHER INTEREST THAT IMPAIRS, OR MIGHT APPEAR TO IMPAIR, THEIR INDEPENDENCE OR OBJECTIVITY IN THE DISCHARGE OF RESPONSIBILITIES AND DUTIES OF THE COUNCIL. ANNUALLY, ALL OFFICERS, BOARD/COMMITTEE MEMBERS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST THAT MAY OCCUR WITH THEIR RELATIONSHIP WITH COUNCIL. THE BOARD CHAIR REVIEWS ALL ANNUAL DISCLOSURE STATEMENTS AND MAY REFER TO THE FULL BOARD OR LEGAL COUNSEL FOR FURTHER ADVICE. ANY MEMBER WITH A POTENTIAL CONFLICT OF INTEREST RECUSES THEMSELVES FROM VOTING ON SUCH MATTERS. PRIOR TO EACH BOARD MEETING, THE BOARD CHAIR REQUESTS DISCLOSURE OF ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION FOR CHIEF OFFICERS AND KEY EMPLOYEES OF THE COUNCIL INVOLVES THE CEO, COO AND HUMAN RESOURCES REVIEWING NATIONAL AND LOCAL SURVEYS AND EVALUATING THE LOCAL MARKET WITH COMPARABLE POSITIONS. DURING 2022, A FORMAL PERFORMANCE MANAGEMENT PROCESS IS BEING IMPLEMENTED. COMPENSATION DECISIONS ARE UPDATED AND DOCUMENTED IN THEIR RESPECTIVE FILES. THE GSCO BOARD OF DIRECTORS WILL CONDUCT AN ANNUAL PERFORMANCE REVIEW OF THE CEO INCLUDING A REVIEW OF COMPENSATION. THE MOST RECENT EVALUATION OF THE CEO WAS MAY 2023. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE ANNUAL REPORT ARE POSTED TO THE GIRL SCOUTS OF COLORADO WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY OTHERS 1,463,879. PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM PRIOR YEAR.