Turnaround for Children Inc

“Pamela cantor, president/ceo & director, and andrew peskoe, director, have a family relationship.”

“The organization's irs form 990 is prepared by an outside accounting firm and the following review process is executed to ensure that the information reported is complete and accurate. Management and the treasurer review the tax return before presenting it to the finance committee for further review and approval. Any issues raised by the finance committee are addressed prior to presentation to the organization's board of directors. The tax return is electronically submitted to the board of directors for comments and discussed during the board meeting. Any comments are addressed and the tax return is submitted to the president/ceo for sign-off. Upon the receipt of the approval, the accounting firm electronically submits the form 990 to the irs.”

“Turnaround has a conflict of interest policy. Turnaround and its board of directors annually monitor and, if applicable, disclose and/or enforce such policy. The policy currently requires that all interested persons (directors, officers, and members of committees with board delegated powers) annually submit a signed conflict of interest statement disclosing any potential or actual financial interests that may create an actual or perceived conflict of interest as set forth in the policy. Signed conflict of interest statements are reviewed by the audit committee chairperson and records of such executed statements are maintained by the chief of staff. If a potential conflict of interest were to arise, it would be reviewed by the board or applicable committee, which would determine, after discussion and by majority vote taken with any interested persons absent from the meeting, whether a conflict of interest exists, whether more advantageous alternatives that would not give rise to a conflict of interest are available, and if not, whether the transaction or arrangement is in turnaround's best interest, for its own benefit, and fair and reasonable.”

“Turnaround observes the following policies and procedures for determining compensation of officers. 1) review and approval by the finance committee, which is comprised of the board of directors and which acts as the compensation review committee. The compensation is reviewed and approved by this committee provided that persons with conflict of interest with regard to the compensation arrangement under discussion are not involved in the review; 2) use of data as to comparable compensation: the compensation is reviewed against data for comparable positions in similar organizations. Turnaround has two senior management positions. The president/ceo and the chief operating officer. When the chief operating officer was initially hired in 2013, the finance committee of the board of directors, acting as the compensation review committee, discussed and approved her salary on february 4, 2013. The chief operating officer left the organization in april 2017 and that position was not backfilled. The president/ceo, pamela cantor, did not receive a salary. She provided pro-bono services but received health and disability insurance benefits. The in-kind compensation of the president/ceo was evaluated on an annual basis to ensure that the contributed services are recorded at fair market value. The president/ceo stepped down from her role effective june 1, 2018 and became the founder and senior science advisor and she now serves on the board of directors. She continues to not receive a salary. The in-kind compensation of the founder and senior science advisor continues to be evaluated based on the average of the performance merit increases of the turnaround's staff on an annual basis to ensure that the contributed services are recorded at fair market value. At the march 5, 2018 meeting of the board of directors, the full board voted on the appointment of the new ceo and president who used to be the chief external affairs officer. The adjusted salary for the new ceo and president, brigid ahern, was set by the ceo search committee of the board of directors in partnership with an external executive search firm. The salary was determined based on 1) review and approval of the full board, 2) use of data as to comparable compensation; the compensation is reviewed against data for comparable positions in similar organizations, 3) recording of the decisions and deliberations.”

“Turnaround for children, inc. Makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the governing documents, the financial statements, conflict of interest policy, form 990, form 1023, and by-laws are also available upon written request at 25 west 45th street, new york, ny 10036.”

“Turnaround for children's vision is that one day all children in the united states will attend schools that prepare them for the lives they choose. Turnaround's mission is to translate neuroscientific research into tools and strategies for public schools with high concentrations of students impacted by adversity, in order to accelerate healthy development and academic achievement. Turnaround is dedicated to the design, development and implementation of scientifically-grounded strategies, practices and tools that transform the teaching and learning environments in chronically low-performing, high-poverty public schools so that all children can thrive. Since 2002, turnaround has evolved from focusing solely on children's mental health issues into an organization working to connect scientific knowledge to educational practice. Specifically, turnaround translates the science of learning and development into knowledge and practice tools that address the impact of poverty-related stress and adversity on students and schools.”

“Turnaround for children, inc. Is a new york city based not-for-profit organization that acts as a catalyst for change by raising awareness and addressing the challenges that affect any public school facing adversity, particularly those in high-poverty communities. Turnaround develops tools and strategies, grounded in science, that cultivate a safe environment, reduce stress, increase engagement in learning and accelerate student development and academic achievement. Scientific research shows that human brains are malleable and continue to develop into adulthood. Relationships and environments shape the brain for good and for bad. Adversity, including trauma, loss of a loved one, exposure to violence, homelessness, abuse and neglect, poses risks to children's brain development, learning and behavior. A safe school environment filled with trusting relationships can buffer the stress and adversity children may experience. Turnaround is connecting the dots between science, adversity and school performance. Turnaround is using scientific knowledge and its experience working in high-poverty classrooms to design tools and strategies for educators that help put children on a healthier developmental pathway so that they can be successful in school and in life.”

“Turnaround for children has a committee that is responsible for oversight of the audit of financial statements and selection of an independent accountant. This process has not changed from the prior year.”