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HOWEVER, BOTH PARALLAX AND OAI MAY BE SUBJECTED TO TAX ON UNRELATED BUSINESS INCOME. FOR THE YEARS ENDED JUNE 30, 2023 AND 2022, PARALLAX AND OAI EARNED NO UNRELATED BUSINESS INCOME. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE THE ORGANIZATION TO EVALUATE THE LEVEL OF UNCERTAINTY RELATED TO WHETHER TAX POSITIONS TAKEN WILL BE SUSTAINED UPON EXAMINATION. ANY POSITIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD MUST BE QUANTIFIED AND RECORDED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING STATEMENT OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT BELIEVES THAT NONE OF THE TAX POSITIONS TAKEN WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS AND NO SUCH LIABILITIES HAVE BEEN RECORDED. 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FOSTERING COLLABORATION BETWEEN THE RESEARCH CENTERS OF OHIO INFORMATION TECHNOLOGY AND RELATED COMPANIES, ACADEMIC INSTITUTIONS AND GOVERNMENTAL RESEARCH FACILITIES, ENCOURAGING THE RETENTION, DEVELOPMENT AND EXPANSION OF THE INFORMATION TECHNOLOGY AND RELATED INDUSTRIES IN OHIO AND PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH TO AID IN THE EDUCATION OF COLLEGE AND UNIVERSITY STUDENTS. FORM 990, PART III LINE 1 COLLECTION, MANAGEMENT AND ANALYSIS TECHNOLOGIES. FOSTERING COLLABORATION BETWEEN THE RESEARCH CENTERS OF OHIO INFORMATION TECHNOLOGY AND RELATED COMPANIES, ACADEMIC INSTITUTIONS AND GOVERNMENTAL RESEARCH FACILITIES. ENCOURAGING THE RETENTION, DEVELOPMENT AND EXPANSION OF THE INFORMATION TECHNOLOGY AND RELATED INDUSTRIES IN OHIO AND PROMOTING, ENCOURAGING AND ASSISTING IN SCIENTIFIC RESEARCH TO AID IN THE EDUCATION OF COLLEGE AND UNIVERSITY STUDENTS. FORM 990, PAGE 6, PART VI, LINE 6 THE EXEMPT ORGANIZATION GOVERNING BODY CONSISTS OF FIFTEEN MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBERS ARE RESPONSIBLE TO ELECTING MEMBERS OF THE BOARD PER CURRENT CODE OF REGULATIONS. FORM 990, PAGE 6, PART VI, LINE 7B APPROVAL OF NEW DIRECTORS AND CHANGES IN CHAIRMANSHIP OF THE BOARD BY THE BOARD OF DIRECTORS ARE REQUIRED TO BE APPROVED BY THE MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS REVIEWED BY THE PRESIDENT AND CFO WITH THE EXTERNAL ACCOUNTING FIRM THEN SUBSEQUENTLY REVIEWED BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REVIEWED AND DISCUSSED THE CONFLICT OF INTEREST POLICY AT EACH BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A REVIEW OF COMPENSATION IS PERFORMED BY A COMPENSATION COMMITTEE AND REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII 7/1/22 TO 12/31/22 SECRETARY-MARY MARGARET EVANS TREASURER-MIKE PEARSALL 1/1/23-6/30/23 SECRETARY-MIKE PEARSALL TREASURER-CHRIS HOCEVAR FORM 990, PART XII LINE 2C: THE PRESIDENT AND CEO ASSUME RESPONSBILITY FOR THE SELECTION OF AN INDEPENDENT AUDITOR AND COMPLIANCE WITH THE AUDIT.