Read to Lead Inc

“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 president/ceo is determined by the compensation committee, one of the governing committees of the board of directors. 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 2015.”

“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.”

“Consultants: program service expenses 386,679. Management and general expenses 78,961. Fundraising expenses 160,627. Total expenses 626,267. Other honoraria: program service expenses 2,970. Management and general expenses 118. Fundraising expenses 1,780. Total expenses 4,868. Subcontractors: program service expenses 215,307. Management and general expenses 0. Fundraising expenses 0. Total expenses 215,307.”

“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.”