Read to Lead Inc

“The following significant changes were made to the organization's by-laws: article ii-board of directors: 1) paragraph 3: election, term of office and classification- the term of the board members shall be deemed to begin with the annual meeting of the board occurring closest to the date of such director's election and shall end as of the annual meeting of the board occurring closest to the upon the director's earlier death, resignation or removal. 2) paragraph 4: meetings- a) section a: time - the first meeting of each fiscal year shall constitute the annual meeting of the board for such fiscal year. B) section g: deliberations regarding compensation - this section was added to the amended by-laws. 3) paragraph 10: email, facsimile and other electronic matters - this paragraph was added to the amended by-laws. Article iii - chairman and officer 1) paragraph 1: election, term of office and functions a) section a: the following phrase was added "no employee of the corporation shall service as chairman of the board of directors or hold any other title with similar responsibilities." b) section b: this section was changed to "the chairman of the board shall be responsible to the board of directors in the performance of the chairman or co-chairman's duties and shall perform such other duties and have such other powers as the board of directors may from time to time prescribe."”

“The vp of finance and administration reviews the draft 990, which is then emailed to the audit committee and the full board for comments. Upon review and consideration of any comments, the form 990 is updated before it is filed with the irs.”

“The president and vp of finance and administration regularly and consistently monitor and enforce compliance with the conflict of interest policy. The entire board and all employees holding vice president positions and above are considered able to influence a decision concerning classroom, inc.'s operations and are required to disclose any actual or potential conflict of interest on his or her part as to which he or she may play any decision-making or influential role. All such directors and employees are required to review and sign the conflict of interest policy annually. Classroom, inc. Has not come across any conflict of interest situations. All conflicts and potential conflicts are to be disclosed to the president and resolved. Employment outside classroom, inc. May create a possible conflict of interest. If classroom, inc. Determines that an employee's outside work interferes or conflicts with performance or the ability to meet the requirements of classroom, inc., the employee may be asked to terminate the outside employment if he/she wishes to remain employed with classroom, inc. In the event a conflict of interest arises, the director(s) will not be permitted to vote, and/or the employee(s) will not be permitted to exercise any influence, on a related issue on which they have a conflict.”

“The compensation of classroom, inc's ceo and other officers and key employees is determined by the compensation committee, one of the governing committees of the board of directors. Officers and key employees include all employees holding positions of senior director and above. The compensation committee is chaired by an independent voting member of the board, and consists of other independent voting members of the board and the president. The president is not directly involved in the decision making of her own compensation. The committee reviews compensation of comparable nonprofit organizations, economic conditions of the marketplace and individual performances to determine compensation. The committee meets as necessary, but at least once a year, to review all employees' compensation and is documented by meeting minutes in writing. The process was last undertaken in june 2014.”

“Classroom, inc. Makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. In addition, classroom, inc.'s governing documents, conflict of interest policy and financial statements are available to the public. Classroom, inc. Posts its audited financial statements and form 990 on its website, provides copies on request, and they are available for inspection at classroom, inc.'s office. Form 990 is also posted on guidestar.org and other similar types of websites. Classroom, inc. Provides copies of the governing documents and conflict of interest policy on request, and they are available for inspection at classroom, inc., office.”

“Classroom, inc. Is a nonprofit educational organization whose mission is to close the academic achievement gap by using technology and the world of work to engage, teach, inspire, and empower middle and high school students. For more than 20 years, we've created digital learning games that make authentic connections between school, college, and career using a blended learning model. Students take on decision-making roles as professionals in a simulated workplace while improving literacy, 21st century skills, confidence, and engagement. We also provide educators with professional development to effectively use our programs and leverage technology. Our learning games are successfully used in school, extended day, afterschool, and summer school environments. As the result of two gates foundation grants and support from our board of directors and other donors, we are developing middle school game-based curriculum, with embedded assessments and robust teacher supports, which addresses the call for highly engaging, rigorous literacy programs designed to the common core state standards. At classroom, inc. We believe that educators need effective tools, deeply engaging content, and continuous support to give all students the opportunity to succeed in school, work, and life.”

“Consultants: program service expenses 277,002. Management and general expenses 42,365. Fundraising expenses 21,694. Total expenses 341,061. Testers: program service expenses 225. Management and general expenses 0. Fundraising expenses 0. Total expenses 225. Other honoraria: program service expenses 360. Management and general expenses 0. Fundraising expenses 0. Total expenses 360. Subcontractors: program service expenses 171,313. Management and general expenses 0. Fundraising expenses 0. Total expenses 171,313.”

“The process for assuming responsibility over the audit of classroom, inc. And for the selection of an independent accountant has not changed from prior years.”