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        <ExplanationTxt>LIC IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE 501C3. IN ADDITION, LIC QUALIFIED FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170B1A AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509A1. LICS INFORMATIONAL RETURN FILINGS ARE SUBJECT TO AUDIT BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER FILING.</ExplanationTxt>
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        <ExplanationTxt>PROGRAM 1 CONTINUED ON DECEMBER 2023 LIC TRAVELED TO BURKE COUNTY, NC FOR ORAL ARGUMENT ON CASE FARMS MOTION TO DISMISS. UNFORTUNATELY THE JUDGE GRANTED CASE FARMS MOTION. ON MARCH 24 2023, WASHINGTON STATES KING COUNTY SUPERIOR COURT HELD A HEARING IN SMITH V VACHRIS, THE COSTCO SHAREHOLDER DERIVATIVE SUIT. LIC PRESENTED ORAL ARGUMENT. UNFORTUNATELY, THE COURT DECIDED TO GRANT THE DEFENDANTS MOTION TO DISMISS. IN DOING SO, THE JUDGE EXPLICITLY LEFT OPEN ONE AVENUE FOR OUR SHAREHOLDER CLIENTS TO HAVE THEIR ANIMAL NEGLECT CONCERNS ADDRESSED BY SENDING A FORMAL LETTER DEMAND TO COSTCOS BOARD. SO WE DID JUST THAT ON JULY 1, 2023, LIC FILED A FORMAL DEMAND UPON UPON COSTCOS BOARD, ON BEHALF OF LICS TWO SHAREHOLDER CLIENTS. THE SHAREHOLDERS DEMANDED A REALISTIC PLAN TO ENSURE ALL COSTCO BIRDS CAN REACH WATER AND FOOD. IN A LETTER DATED AUGUST 15, 2023, COSTCOS BOARD STATED THAT IT HAS FORMED A BOARD COMMITTEE TO REVIEW AND INVESTIGATE THE DEMANDS ALLEGATIONS. LICS SHAREHOLDER CLIENTS HAVE MET SINCE WITH INVESTIGATORS RETAINED BY THE BOARD COMMITTEE, TO ASSIST WITH THE INVESTIGATION. ON AUGUST 7, 2023 LIC SENT A CEASE AND DESIST LETTER TO RURAL KING FOR MISTREATING CHICKS. RURAL KING HAS OVER 130 STORES IN 13 STATES. THE STORES SELL FARM AND HOME SUPLLIES AS WELL AS LIVE CHICKS. LIC ACCUSED RURAL KING OF LETTING MANY CHICKS SUFFER AND DIE FROM CAUSES INCLUDING THE USE OF INCORRECT ADULT ONLY WATERERS THAT CHICKS CANT REACH. IN RESPONSE, RURAL KING STATED THAT T WOULD BEGIN PERFORMING IN PERSON RANDOM AUDITS AT RURAL KING LOCATIONS TO ENSURE APPROPRIATE ANIMAL CARE. ON SEPTEMBER 23, 2023 LIC HAS MOVED FOR PERMISSION TO FILE AN AMICUS BRIEF IN THE FEDERAL CRIMINAL CASE USA V RHODE ISLAND BEEF AND VEAL.ON NOVEMBER 1, 2023, THE US DISTRICT COURT FOR THE DISTRICT OF RHODE ISLAND GRANTED LIC PERMISSION TO FILE A BRIEF AT SENTENCING. WE FILED OUR BRIEF THE NEXT DAY. IN 2023, LIC ALSO GOT A SAN FRANCISCO CATERER TO REMOVE CRUEL FOIE GRAS FROM ITS MENU. LIC ALSO SPOKE AT HARVARD LAW, BERKELEY LAW, CORNELL LAW, MCGILL LAW, UCLA LAW, BROOKLYN LAW TWICE, VERMONT LAW, U OF SAN FRANCISCO LAW, DENVER LAW, OKLAHOMA CITY LAW, EFFECTIVE ALTRUISM NEW YORK CITY, AND THE VIRTUAL VERSION OF THE ALDF STUDENT CONVENTION, AS WELL AS ON A REDUCETARIAN FELLOWSHIP PANEL, AN NPR-TAMPA RADIO SHOW, AND MORE</ExplanationTxt>
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        <ExplanationTxt>THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS, PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.</ExplanationTxt>
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        <ExplanationTxt>THE BOARD REVIEWS AND COMPARES THE COMPENSATION OF OTHER SIMILAR NON-PROFITS EXECUTIVE DIRECTORS AND APPROVES ANY INCREASES IN COMPENSATION FOR THE EXECUTIVE DIRECTOR BY VOTE.</ExplanationTxt>
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        <ExplanationTxt>THE DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
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