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        <ExplanationTxt>- BALI ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD FASB GUIDANCE ON UNCERTAIN INCOME TAX POSITIONS IN ITS FINANCIAL STATEMENTS. BALI RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. MANAGEMENT IS NOT AWARE OF ANY VIOLATION OF ITS TAX STATUS AS AN ORGANIZATION EXEMPT FROM INCOME TAXES.</ExplanationTxt>
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        <ExplanationTxt>THE FORM 990 IS PROVIDED TO BOARD MEMBERS FOR REVIEW AND COMMENTS PRIOR TO FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>A DIRECTOR OR OFFICER IS REQUIRED TO DISCLOSE A CONFLICT OF INTEREST AS SOON AS THEY LEARN OF THE CONFLICT.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>A REVIEW AND APPROVAL OF CEOS COMPENSATION HAS BEEN MADE BY THE BOARD OF DIRECTORS.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>THE PROGRAM ASSOCIATES ANNUAL COMPENSATION IS DETERMINED BY THE CEO AND APPROVED BY THE BOARD OF DIRECTORS.</ExplanationTxt>
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</Return>
