Storefront Academy Harlem

“Board members christine moore & christopher moore are related.”

“All questions and comments were gathered and submitted via email to the executive director and the chair of the audit committee throughout the process of preparation. Once these questions were addressed, any revisions were made. Before the form 990 was filed, a copy was distributed via email to members of the audit committee and approved by them. The form 990 was then filed with the irs.”

“Tcs has adopted a conflict of interest policy requiring that any transaction with interested parties is fully disclosed. This policy is reviewed on an annual basis. All trustees, leadership staff, and senior staff are required to complete the disclosure statement annually. The chair will report to the board of trustees that disclosure forms have been completed and whether any potential conflicts have been disclosed. If at any time a trustee or affected employee acquires an interest in a matter that might pose a conflict, they shall promptly disclose such interest in writing. Interested parties who have an actual or potential conflict of interest will not participate in decisions affected by that interest and the organization. Those leadership and senior staff involved in processing invoices must review each transaction for conflicts; if one is discovered, it is reported to the board chair. The board of trustees and all officers are covered under the conflict of interest policy.”

“During the budget development process each year, leadership staff and members of the finance committee research relevant industry organizations and peer organizations to assess appropriate compensation levels for staff members. The staffing structure and associated salaries are approved by the board of trustees during the formal budget approval meeting.”

“The conflict of interest policy, whistleblower policy, document retention policy, and donor privacy policy are each listed on the website of the children's storefront. Recent audited financials are also available on the website. Additional governance documents are available to the public upon request.”

“The process has not changed from prior year.”