2023-11-15T17:07:40-06:00 2022-12-31 953001179 WINDES INC PO BOX 87 LONG BEACH CA 90801 990 2022-01-01 953993720 CONSUMER WATCHDOG CONS 3103920522 6330 SAN VICENTE BLVD STE 250 LOS ANGELES CA 90048 JAMIE COURT PRESIDENT 3103920522 2023-11-15 1 JAMIE COURT 999009999 1 DONITA JOSEPH P00286656 5624351191 2023-11-14 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAMIE COURT 6330 SAN VICENTE BLVD STE 250 LOS ANGELES CA 90048 3748024 0 X WWW.CONSUMERWATCHDOG.ORG X 1985 CA TO CONDUCT PUBLIC EDUCATION, RESEARCH AND LITIGATION ON ISSUES INCLUDING CONSUMER PROTECTION AND GOVERNMENT REFORM. 5 4 17 50 0 0 1682876 2938834 2569575 785066 5507 24124 9229 0 4267187 3748024 250000 250000 0 0 1979031 2217166 0 0 97712 1589800 1591992 3818831 4059158 448356 -311134 4994329 5372051 280913 969769 4713416 4402282 X TO CONDUCT EDUCATIONAL AND RESEARCH ACTIVITIES AND LITIGATION ON CONSUMER AND PUBLIC INTEREST ISSUES INCLUDING, WITHOUT LIMITATION, ISSUES AFFECTING CONSUMER PROTECTION AND GOVERNMENT REFORM; AND TO MAKE SAID RESEARCH AVAILABLE TO THE PUBLIC. 0 0 2107440 250000 785066 LITIGATION -- CONSUMER WATCHDOG (CWD) WORKS TO PROTECT CONSUMERS IN THE COURTS AND BEFORE ADMINISTRATIVE AGENCIES. CWD LITIGATED TO PROTECT CONSUMER ACCESS TO THE HEALTH CARE AND INSURANCE BENEFITS THEY ARE PROMISED, PREVENT INSURANCE COMPANIES FROM VIOLATING CONSUMER PROTECTION LAWS, ENSURE TRANSPARENCY IN GOVERNMENT, AND RETURN ILLEGAL OVERCHARGES. IN 2022, CONSUMER WATCHDOG ACHIEVED A VICTORY IN THE SUPREME COURT OF THE UNITED STATES AND CONTINUES LITIGATING A CASE REPRESENTING PLAINTIFFS LIVING WITH HIV IN A SUIT AGAINST CVS FOR UNLAWFULLY DISCLOSING HIV STATUS AND/OR PUTTING INDIVIDUALS AT RISK OF SUCH A DISCLOSURE, AS WELL AS PROVIDING THEM A LOWER TIER OF SERVICE. CWD CONTINUES TO LITIGATE TWO ACTIONS AGAINST HEALTH INSURERS FOR FAILING TO PAY THEIR TAXES, AND LITIGATION TO PROTECT CONSUMERS' PRIVACY AGAINST A CALIFORNIA PUBLIC HEALTH AGENCY WHOSE CONTRACTOR'S ACTION RESULTED IN THE EXPOSURE OF HIV POSITIVE PATIENTS' PROTECTED MEDICAL INFORMATION. CWD INITIATED OR INTERVENED IN SEVERAL PROCEEDINGS AT THE CALIFORNIA DEPARTMENT OF INSURANCE TO CHALLENGE EXCESSIVE INSURANCE RATE INCREASES SAVING CONSUMERS TENS OF MILLIONS OF DOLLARS, CHALLENGED THE DISCRIMINATORY USE OF DRIVERS' JOB AND EDUCATION LEVEL TO SET AUTO INSURANCE RATES, AND CHALLENGED HOME INSURANCE COMPANIES' FAILURE TO GIVE HOMEOWNERS RATE RELIEF FOR TAKING STEPS TO PROTECT THEIR HOMES FROM WILDFIRE. CWD TESTIFIED AND PROVIDED LEGAL ANALYSIS OF NEW REGULATIONS SEEKING TO PROVIDE HOME AND CONDO OWNERS WITH INSURANCE DISCOUNTS FOR HOME HARDENING AND BRUSH CLEARANCE THAT REDUCES THE RISK THEIR HOME WILL BURN IN A WILDFIRE. CWD LITIGATED A SUIT AGAINST AN AUTO INSURANCE COMPANY FOR DISCRIMINATING AGAINST CERTAIN MEMBERS OF THE MILITARY BY CHARGING ENLISTED SERVICE MEMBERS MORE THAN OFFICERS, IN VIOLATION OF PROPOSITION 103. CWD LITIGATED A SUIT UNDER THE PUBLIC RECORDS ACT AGAINST A STATE AGENCY AND ITS HEAD FOR WITHHOLDING DOCUMENTS RELEVANT TO A CORRUPTION SCANDAL. IN 2022, CWD ISSUED 15 NEWS RELEASES AND GENERATED 16 NEWS STORIES ON THESE TOPICS THAT APPEARED ON STATE AND NATIONAL TELEVISION AND RADIO PROGRAMS, AND IN PRINT AND ONLINE NEWS OUTLETS. 613043 ENERGY REFORM -- CONSUMER WATCHDOG (CWD) INVESTIGATES THE REGULATION OF COMPANIES GENERATING FOSSIL FUELS AND POLLUTION, ADVOCATES TO IMPROVE OVERSIGHT OF THE OIL, GAS AND UTILITY INDUSTRIES, AND FIGHTS FOR RELIABLE, AFFORDABLE, AND CLEAN ENERGY. IN 2022, CWD EDUCATED THE PUBLIC ABOUT THE NEED TO LIMIT FOSSIL FUEL SUPPLIES IN THE FIGHT AGAINST CLIMATE CHANGE, INCLUDING CURBING OIL DRILLING AND FOSSIL FUEL-POWERED ELECTRIC PLANTS. CWD CONDUCTED EXTENSIVE RESEARCH SHOWING OIL REFINERS' PROFITS ARE CONSISTENTLY HIGHER IN CALIFORNIA THAN ACROSS THE NATION, AND SUPPORTED SUCCESSFUL LEGISLATION TO REQUIRE OIL REFINERS DISCLOSE THEIR PROFITS-PER-GALLON MONTHLY. CWD ADVOCATED FOR A SPECIAL SESSION OF THE CALIFORNIA LEGISLATURE TO IMPOSE A PRICE-GOUGING PENALTY ON OIL REFINERS IF THEY COLLECT EXCESS PROFITS BY ARTIFICIALLY INFLATING GAS PRICES. CWD PUBLISHED QUARTERLY UPDATES TO ITS ONLINE MAP DOCUMENTING THE EXTENT OF OIL AND GAS WELL PERMITTING IN THE STATE OF CALIFORNIA, MAINTAINING PUBLIC PRESSURE FOR AN END TO NEW EXTRACTION PERMITS AND A SAFETY BUFFER BETWEEN HOMES AND WELLS. CWD CONTINUED A PUBLIC EDUCATION CAMPAIGN TO EXPOSE THE FAILURES OF CALIFORNIA'S BOTTLE DEPOSIT RECYCLING SYSTEM. A CWD REPORT, "CASH FOR TRASH," EXPOSED FRAUD IN CALIFORNIA'S BOTTLE DEPOSIT PROGRAM; AND "PILOT ERROR" MADE THE CASE FOR BOTTLE DEPOSIT REFORM. CWD BACKED SUCCESSFUL LEGISLATION THAT WILL MAKE IT EASIER FOR CONSUMERS TO RECYCLE THEIR BOTTLES AND CANS. IN 2022, CWD ISSUED 35 NEWS RELEASES AND GENERATED 464 NEWS STORIES ON THESE TOPICS THAT APPEARED ON STATE AND NATIONAL TELEVISION AND RADIO PROGRAMS, AND IN PRINT AND ONLINE NEWS OUTLETS. 451696 PRIVACY, CORPORATE ACCOUNTABILITY & POLITICAL REFORM -- CONSUMER WATCHDOG (CWD) EDUCATES THE PUBLIC ABOUT ISSUES RELATED TO CONSUMER RIGHTS, PRIVACY, TECHNOLOGY AND POLITICAL REFORM, AND RESEARCHES AND INFORMS THE PUBLIC ABOUT CORPORATE INVOLVEMENT IN THE POLITICAL PROCESS. IN 2022, CWD WORKED TO PROTECT CONSUMER PRIVACY AND SAFETY IN AUTONOMOUS VEHICLES AND CONNECTED CARS. CWD RELEASED A REPORT, "CONNECTED CARS AND THE THREAT TO YOUR PRIVACY," THAT EXPOSED HOW DATA GATHERED ABOUT CONSUMERS BY THEIR CARS IS THE NEW FRONTIER OF DATA COLLECTION FOR COMPANIES THAT MONETIZE PERSONAL INFORMATION FOR PROFIT. A NEW CWD REPORT, "PRIVACY DAWN," MADE THE CASE TO THE CALIFORNIA PRIVACY PROTECTION AGENCY FOR IMPLEMENTING STRONG REGULATIONS UNDER CALIFORNIA'S STRONGEST-IN-THE-NATION DATA PRIVACY LAW, INCLUDING THE LAW'S APPLICATION TO DATA COLLECTED BY CONNECTED CARS AND NEW DISCLOSURES AND CONTROLS FOR AUTOMATED DECISION-MAKING AND AI. CWD FOUGHT FEDERAL LEGISLATION THAT SOUGHT TO PREEMPT STATE PROTECTIONS AND WOULD HAVE UNDERMINED THE LAW PASSED BY CALIFORNIA VOTERS. CWD BACKED LEGISLATION THAT IMPOSES NEW DISCLOSURE REQUIREMENTS FOR LOBBYISTS PAID TO INFLUENCE INSURANCE MERGERS AT THE CALIFORNIA DEPARTMENT OF INSURANCE. CWD RESEARCHED AND EXPOSED THE CONFLICTS OF INTEREST CREATED BY CORPORATE CAMPAIGN CONTRIBUTIONS TO POLITICIANS ACROSS OUR PROGRAM AREAS. IN 2022, CWD ISSUED 12 NEWS RELEASES AND GENERATED 52 NEWS STORIES ON THESE TOPICS THAT APPEARED ON STATE AND NATIONAL TELEVISION AND RADIO PROGRAMS, AND IN PRINT AND ONLINE NEWS OUTLETS. 447950 HEALTHCARE & INSURANCE REFORM -- CONSUMER WATCHDOG (CWD) FIGHTS TO PROTECT CONSUMERS FROM INSURANCE ABUSES, TO IMPROVE PATIENT SAFETY AND ACCOUNTABILITY IN THE HEALTH CARE SYSTEM, AND FOR UNIVERSALLY ACCESSIBLE AND AFFORDABLE HEALTH CARE. IN 2022, CWD ORGANIZED PATIENTS WHO HAVE BEEN HARMED BY MEDICAL NEGLIGENCE TO SHARE THEIR STORIES AND ADVOCATE TO CHANGE A LAW THAT PREVENTS INJURED CALIFORNIANS FROM GETTING JUSTICE; THOSE EFFORTS CULMINATED IN AN HISTORIC DEAL TO UPDATE THE STATE'S MEDICAL NEGLIGENCE CAP FOR THE FIRST TIME IN 48 YEARS AND IMPROVE INJURED PATIENTS' ACCESS TO JUSTICE. A NEW REPORT, "LIFT THE CAP," FOUND THAT MEDICAID PROGRAMS IN STATES WITHOUT A MEDICAL NEGLIGENCE CAP RECEIVE SIGNIFICANTLY HIGHER REIMBURSEMENTS FROM MALPRACTICE CASES THAN CALIFORNIA DOES BECAUSE OF ITS LOW CAP. CWD ORGANIZED FAMILIES ACROSS THE STATE HARMED BY THE MATERNAL MORTALITY CRISIS, AND SUPPORTED DOZENS OF FAMILIES LEARNING TO SPEAK UP FOR THEIR OWN HEALTH CARE AND FOR POLICY CHANGE. CWD ADVOCATED BEFORE THE LEGISLATURE AND MEDICAL BOARD OF CALIFORNIA FOR STRONGER PATIENT SAFETY PROTECTIONS AND SWIFTER DISCIPLINE FOR PHYSICIANS WHO HAVE HARMED THEIR PATIENTS. CWD WORKS TO ENFORCE AND PROTECT CALIFORNIA'S INSURANCE REFORM PROPOSITION 103, WHICH REGULATES MOST PROPERTY/CASUALTY INSURANCE INCLUDING AUTO, HOMEOWNERS AND SMALL BUSINESS INSURANCE. CWD CHALLENGED EXCESSIVE INSURANCE RATE INCREASES AT THE CALIFORNIA DEPARTMENT OF INSURANCE SAVING CONSUMERS TENS OF MILLIONS OF DOLLARS. CWD EDUCATED THE PUBLIC, NEWS MEDIA AND POLICYMAKERS ABOUT PROP 103'S POWER TO PROTECT HOMEOWNERS FROM INSURANCE INDUSTRY WILDFIRE ABUSES. A CWD REPORT, "UP IN SMOKE," DOCUMENTED SYSTEMATIC EFFORTS BY THE INSURANCE INDUSTRY TO HOLLOW OUT THE BENEFITS IN HOME INSURANCE POLICIES, MAKING THEM LESS PROTECTIVE FOR CONSUMERS. CWD ADVOCATED TO STRENGTHEN REGULATIONS AT THE CALIFORNIA DEPARTMENT OF INSURANCE TO REQUIRE INSURERS TO CONSIDER HOMEOWNER ACTIONS TO PROTECT AGAINST WILDFIRE RISK IN PRICING AND NON-RENEWAL DECISIONS. IN 2022, CWD ISSUED 28 NEWS RELEASES AND GENERATED 541 NEWS STORIES ON THESE TOPICS THAT APPEARED ON STATE AND NATIONAL TELEVISION AND RADIO PROGRAMS, AND IN PRINT AND ONLINE NEWS OUTLETS. 447950 3620129 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 0 1 9 0 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JAMIE COURT 3103920522 6330 SAN VICENTE BLVD STE 250 LOS ANGELES CA 90048 JAMIE COURT PRESIDENT 48.00 2.00 X X 338771 8894 56439 ELLEN SNORTLAND TREASURER/SECRETARY 1.00 X X 0 0 0 SCOTT OLSEN BOARD MEMBER 1.00 X 0 0 0 ROSEANN DEMORO BOARD MEMBER 1.00 X 0 0 0 TAMMY SMICK BOARD MEMBER 1.00 X 0 0 0 CARMEN BALBER EXECUTIVE DIRECTOR 48.00 2.00 X 188246 15826 17357 PAMELA PRESSLEY SENIOR STAFF ATTORNEY 40.00 X 183706 0 40689 GERALD FLANAGAN LITIGATION DIRECTOR 40.00 X 204072 0 20889 ELIZABETH TUCKER ADVOCATE 40.00 X 121126 0 11916 1035921 24720 147290 5 0 1 0 HARVEY ROSENFIELD 6330 SAN VICENTE BLVD STE 250 LOS ANGELES CA 90048 ATTORNEY 450000 AIS RISK CONSULTANTS INC 4400 ROUTE 9 SOUTH STE 1000 FREEHOLD NJ 07728 ACTUARIAL SERVICES 169689 2 2938834 2938834 ATTORNEY FEES 541100 785066 785066 785066 24124 24124 3748024 785066 0 24124 X 250000 250000 596963 531247 49578 16138 1288432 1146597 107003 34832 57972 52662 3079 2231 161268 146123 9172 5973 112531 103550 6846 2135 40364 5472 34892 51439 51439 19622 19622 781972 763936 580 17456 36757 35614 1143 11374 622 10707 45 321431 295688 17667 8076 51348 29767 17928 3653 19134 14925 4209 23198 19490 3223 485 RESEARCH MATERIALS 90582 90262 320 WEBSITE 45039 32381 10861 1797 TRANSPORTATION AND AUTO 30205 27292 2039 874 TELEPHONE 28979 25516 2672 791 40548 29363 7959 3226 4059158 3620129 341317 97712 X 1918593 2502660 2695303 2008321 40672 450 242408 1700 93017 238277 182842 64138 55435 31515 712168 4994329 5372051 172225 197446 108688 772323 280913 969769 X 4672744 4377437 40672 24845 4713416 4402282 4994329 5372051 -311134 0 X 0 1 X 1 0 X 2301913 1259509 1225503 1682876 2938834 9408635 2301913 1259509 1225503 1682876 2938834 9408635 797343 8611292 38759 69923 42741 5507 24124 181054 60375 49680 5000 9229 124284 9713973 9356489 0.88650 0.73990 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 5,000. 2021 AMOUNT: $ 9,229. GROSS INCOME FROM FUNDRAISERS - 2018 AMOUNT: $ 60,375. 2019 AMOUNT: $ 49,680. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3000 266622 269622 3736975 4006597 350330 87583 0 0 325439 331768 340942 350330 1348479 2022719 289625 292898 297452 269622 1149597 81360 82942 85236 87583 337121 505682 3246 3045 3604 3000 12895 13219 4431 8788 211883 165236 46647 13175 13175 0 55435 DEPOSITS 31515 LEASE ASSETS 680653 712168 LEASE LIABILITY 755115 DUE TO RELATED PARTY 17208 772323 X 3748024 0 3748024 0 3748024 4059158 0 4059158 0 4059158 PART X, LINE 2: THE ORGANIZATION HAS BEEN DESIGNATED AS TAX-EXEMPT UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), IS ALSO EXEMPT FROM STATE FRANCHISE TAXES UNDER SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE, AND IS NOT GENERALLY SUBJECT TO FEDERAL OR STATE INCOME TAXES. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. IT REQUIRES THAT AN ORGANIZATION RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF THE TAX POSITION IF THAT POSITION WILL MORE LIKELY THAN NOT BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2022, THE ORGANIZATION HAD NO UNRECOGNIZED TAX BENEFITS, TAX PENALTIES, OR INTEREST. THE ORGANIZATION IS SUBJECT TO POTENTIAL INCOME TAX AUDITS ON OPEN TAX YEARS BY ANY TAXING JURISDICTION IN WHICH IT OPERATES. THE STATUTE OF LIMITATIONS FOR FEDERAL PURPOSES IS THREE YEARS AND FOR CALIFORNIA IS FOUR YEARS. 1 CONSUMER WATCHDOG CAMPAIGN 6330 SAN VICENTE BLVD LOS ANGELES CA 90048 954469690 501(C)(4) 250000 0 LEGISLATIVE AND BALLOT ADVOCACY 0 1 PART I, LINE 2: CONSUMER WATCHDOG MADE A GRANT TO CONSUMER WATCHDOG CAMPAIGN SUBJECT TO A GRANT AGREEMENT RESTRICTING THE USE OF GRANT FUNDS TO PURPOSES PERMITTED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE AGREEMENT REQUIRES CONSUMER WATCHDOG CAMPAIGN TO REPORT TO CONSUMER WATCHDOG ON ITS USE OF THE FUNDS TO DEMONSTRATE COMPLIANCE WITH THE TERMS OF THE GRANT AGREEMENT. X X X 0 0 0 0 0 0 0 0 0 JAMIE COURT PRESIDENT 338771 8894 0 0 0 0 16945 863 36634 1997 392350 11754 0 0 GERALD FLANAGAN LITIGATION DIRECTOR 204072 0 0 0 0 0 10204 0 10685 0 224961 0 0 0 PAMELA PRESSLEY SENIOR STAFF ATTORNEY 183706 0 0 0 0 0 9185 0 31504 0 224395 0 0 0 CARMEN BALBER EXECUTIVE DIRECTOR 188246 15826 0 0 0 0 9341 505 7026 485 204613 16816 0 0 HARVEY ROSENFIELD FOUNDER 450000 LEGAL SERVICES 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11A EXPLANATION - FORM 990 REVIEW PROCESS - THE AUDIT COMMITTEE OF THE ORGANIZATION HAS ENGAGED AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S ANNUAL INFORMATION RETURN, IRS FORM 990. THE PRESIDENT, EXECUTIVE DIRECTOR AND OUTSIDE LEGAL COUNSEL REVIEW THE ORGANIZATION'S FORM 990, AND IT IS THEN FORWARDED TO ALL MEMBERS OF THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY - THE BOARD HAS AN ANNUAL DISCUSSION OF POTENTIAL CONFLICTS OF INTEREST THAT MAY ARISE, AT WHICH TIME THE PRESIDENT REITERATES THE OBLIGATION OF DIRECTORS TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS AS THEY ARISE. THE EXECUTIVE DIRECTOR MONITORS ALL MAJOR FINANCIAL TRANSACTIONS TO ENSURE THAT NO CONFLICT INVOLVING A DIRECTOR, KEY EMPLOYEE OR MEMBER OF STAFF COULD ARISE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW - THE ORGANIZATION REVIEWS THE POSITION COMPENSATION OF SIMILAR ORGANIZATIONS TO EVALUATE REASONABLENESS, AND THE INDEPENDENT MEMBERS OF THE BOARD DETERMINE THE COMPENSATION OF THE PRESIDENT BY VOTE. OFFICER COMPENSATION IS REVIEWED ON AN ANNUAL BASIS WITH THE POSITION COMPENSATION OF SIMILAR ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 OTHER ORGANIZATION DOCUMENTS PUBLICLY AVAILABLE - OUR FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 144,247. MANAGEMENT AND GENERAL EXPENSES 580. FUNDRAISING EXPENSES 17,456. TOTAL EXPENSES 162,283. LITIGATION CO-COUNSEL & EXPERT WITNESSES: PROGRAM SERVICE EXPENSES 619,689. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 619,689. FORM 990, PART X, LINE 9, COLUMN (B), EMPLOYEE RETENTION CREDIT: INCLUDED IN THIS AMOUNT IS THE EMPLOYEE RETENTION CREDIT RECEIVABLE. THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT), AS MODIFIED AND CLARIFIED BY THE CONSOLIDATED APPROPRIATIONS ACT OF 2021, CONTAINS A RELIEF PROVISION FOR BUSINESSES KNOWN AS THE EMPLOYEE RETENTION CREDIT (ERC). THIS PROVISION PROVIDES FOR A REFUNDABLE PAYROLL TAX CREDIT FOR "QUALIFIED WAGES" PAID TO EMPLOYEES AFTER MARCH 12, 2020, AND BEFORE JANUARY 1, 2022. THE PROVISION OF THE CARES ACT INTENDS TO PROVIDE A REFUNDABLE PAYROLL TAX CREDIT TO EMPLOYERS WHO CONTINUE TO PAY EMPLOYEES, DESPITE COVID-19 BUSINESS DIFFICULTIES AND INTERRUPTIONS THAT EITHER RENDER CERTAIN NON-ESSENTIAL EMPLOYEES UNPRODUCTIVE, OR CAUSE A SIGNIFICANT DECLINE IN RECEIPTS. THE ORGANIZATION HAS EVALUATED THE QUALIFICATION CRITERIA FOR THE ERC AND DETERMINED THAT IT IS ELIGIBLE FOR THE PROGRAM AND HAS SUBMITTED AMENDED PAYROLL TAX RETURNS FOR QUARTERS ENDING IN 2020 AND 2021 TOTALING $242,408, IN PAYROLL TAX CREDITS. THE ORGANIZATION BELIEVES IT IS PROBABLE IT WILL RECEIVE THESE PAYROLL TAX CREDITS AND, THEREFORE, RECORDED NON-OPERATING INCOME AND A CORRESPONDING RECEIVABLE FOR THE ENTIRE AMOUNT DURING 2021. IN 2022, THE ORGANIZATION RECEIVED ERC PAYMENTS TOTALING $151,408. THE REMAINING AMOUNT TO BE RECEIVED OF $91,000 IS INCLUDED WITHIN OTHER PREPAIDS AND CURRENT ASSETS IN THE ACCOMPANYING FINANCIAL STATEMENTS. CONSUMER WATCHDOG CAMPAIGN 6330 SAN VICENTE BLVD STE 250 LOS ANGELES CA 90048 954469690 PUBLIC EDUCATION AND CONSUMER ADVOCACY CA 501(C)(4) CONSUMER WATCHDOG 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 CONSUMER WATCHDOG CAMPAIGN B 250000 CASH