Child Trends Incorporated

“The federal form 990 draft is reviewed by the controller, vp of finance & administration and the president and ceo. The final draft of the federal form 990 will be reviewed by the audit committee of the board of directors. Prior to filing the return with the internal revenue service, a final draft is provided via email to the entire board of directors.”

“There is a committee of rfp evaluators who consider potential conflicts of interest that may exist with potential new funders. The president and ceo and vice president of finance and administration regularly review new funder relationships, vendor relationships and board of directors relationships to be sure to avoid any potential conflicts of interest. Service on the board of directors is a volunteer service, accordingly, there is no compensation paid to board members. The president and ceo and vice president of finance and administration also requests its employees to disclose any potential conflicts at the end of each year.”

“An organization-wide salary review utilizing available market data is conducted annually to determine the competitiveness of staff and executive salaries. Every two years, or more regularly as determined necessary, an independent consultant is used to conduct an organization wide salary review. An independent consultant was hired to conduct an organiztion wide salary review during 2013. A summary of the independent consultant's report is provided to the compensation committee for review and comparison to market. The board of directors reviews recommended executive salary increases for reasonableness. Salary increases are determined based on merit (tied to performance reviews) and promotion (tied to performance and experience). A salary escalation percentage is included in the annual budget for merit and promotion increases and presented to the board of directors for approval.”

“Child trends makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Subcontractors: program service expenses 1,455,232. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,455,232. Outside services - consultants: program service expenses 220,770. Management and general expenses 615,148. Fundraising expenses 7,067. Total expenses 842,985.”