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        <ExplanationTxt>WOMEN IN ELECTRONICS IS ORGANIZED AS A CALIFORNIA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE IRS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3), QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER IRC SECTIONS 170 (B)(1)(A)(VI) AND HAS BEEN DETERMINED NOT TO BE A PRIVATE FOUNDATION UNDER IRC SECTIONS 509(A)(1). WE IS ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, WE IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT IS UNRELATED TO ITS EXEMPT PURPOSE. WE HAS DETERMINED THAT WE IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. WE BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DO NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.</ExplanationTxt>
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        <ExplanationTxt>THE WOMEN IN ELECTRONICS (WE) MISSION IS TO OPEN THE OPPORTUNITIES FOR WOMEN IN THE ELECTRONICS INDUSTRY. WE HAVE THREE MAIN PROGRAMS FOR TRAINING AND DEVELOPMENT WHICH ARE MONTHLY LEADERSHIP GROWTH SERIES THAT FOCUSES ON DEVELOPING INCLUSIVE LEADERSHIP SKILLS. IT IS OFFERED TO MEMBERS COMPLIMENTARY AND NON-MEMBERS FOR A SMALL FEE. SECOND, THE MENTORSHIP PROGRAM, STARTED AS A NATIONAL PROGRAM BUT NOW IS GLOBAL AND MATCHES WE MEMBERS WITH SPECIFIC MENTORS IN THE INDUSTRY THAT CAN NOT ONLY MENTOR THEM, BUT ALSO SERVE AS INDUSTRY ALLYS. THIS IS A MEMBER BENEFIT. FINALLY, CHAPTERS WHICH ARE VIRTUAL, ALL INDUSTRY THOUGHT LEADERSHIP DISCUSSION THAT APPLIES OUR MONTHLY DEVELOPMENT CONTENT INTO REAL LIFE WHERE MEMBERS CAN EXCHANGE IDEAS AND GROW TOGETHER. REGISTRATION IS COMPLIMENTARY FOR MEMBERS AND A SMALL FEE FOR NON-MEMBERS. SOME ADDITIONAL COMPLIMENTARY OFFERINGS ARE THE ANNUAL LEADERSHIP CONFERENCE WHICH IS A THREE-DAY SUMMIT THAT INCLUDES CONTENT SPECIFICALLY CURATED TO DEVELOP INCLUSIVE LEADERS IN THE ELECTRONICS INDUSTRY AND REALTED MARKETS, AS WELL AS DISCUSS CRITICAL TOPICS IMPACTING CAREER ADVANCEMENT AND INDUSTRY GROWTH. WOMEN IN ELECTRONICS ALSO OFFERS A COLLEGIATE INITIATIVE BY APPROACHING COLLEGES TO RECRUIT DIVERSE TALENT, AND THE CAREER CORNER FOR MEMBERS TO BE ABLE TO SEARCH FOR INDUSTRY OPPORTUNITIES AND HOST THEIR RESUME IF THEY CHOOSE. THERE IS ALSO THE QUARTERLY LIFE BALANCE SERIES, WHERE WE HAVE SUBJECT MATTER EXPERTS TALK ABOUT WOMENS HEALTH AND WELLNESS ISSUES THAT WILL CONTRIBUTE TO ENHANCING THEIR PERSONAL AND PROFESSIONAL LIVES. IT IS OFFERED TO MEMBERS COMPLIMENTARY AND NON-MEMBERS FOR A SMALL FEE. INDUSTRY SPECIAL EVENTS - SPEAKING ON THE DIVERSITY AND INCLUSION TOPIC AT A FEW INDUSTRY EVENTS PER YEAR, WHICH IS A COMPLIMENTARY SERVICE TO THE INDUSTRY. LASTLY, WE ALSO PROVIDE RESOURCES BY RESEARCHING ON DIVERSITY AND INCLUSION AND OFFERING VETTED DATA AND ARTICLES AS A RESOURCE TO THE INDUSTRY AT LARGE.</ExplanationTxt>
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        <ExplanationTxt>THE 990 IS PREPARED BY WE'S EXTERNAL ACCOUNTING FIRM AND REVIEWED BY WE'S INTERNAL ACCOUTNING CONSULTANT AND MANAGEMENT PRIOR TO FILING. THE FORM IS DISTRBIUTED TO THE FULL BOARD OF DIRECTORS.</ExplanationTxt>
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        <ExplanationTxt>ANNUALLY, BOARD MEMBERS ARE REQUIRED TO DELIVER THE ACKNOWLEDGEMENT LETTER THEY RECEIVED AFTER THEY HAVE REVIEWED AND HAVE AGREE TO THE BE BOUND BY THE CONFILCT OF INTEREST POLICY.</ExplanationTxt>
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        <ExplanationTxt>THE BOARD OF DIRECTORS APPROVES THE COMPENSATION FOR THE EXECUTIVE DIRECOTR BASED ON DATA SHOWING EXECUTIVE DIRECTOR SALARIES AT COMPARABLE ORGANIZATIONS.</ExplanationTxt>
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        <ExplanationTxt>THE ORGANIZATION MAKES THEIR IRS FORM 990 AND 1023 AND ANY OTHER DOCUMENTS REQUIRED TO BE DISCLOSED BY LAW OR REGUALTION AVIAABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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