Read to Lead Inc

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

“The president and director 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 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 2017.”

“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 that helps students in high-poverty communities develop literacy and leadership skills. By creating digital learning games and curriculum set in the professional world and supporting educators in creating student-centered classrooms, we invite students to take charge of their learning. When students take on the role of the boss in our learning games, they read closely, think critically, and solve problems. The impact is transformational. Students-especially those struggling with literacy-increase reading and writing achievement, find motivation in being the leader, and see for the first time a real connection between school and their futures.”

“Program consultants/others: program service expenses 604,711. Management and general expenses 37,170. Fundraising expenses 70,608. Total expenses 712,489. Other honoraria: program service expenses 2,678. Management and general expenses 375. Fundraising expenses 1,333. Total expenses 4,386. Subcontractors: program service expenses 200,322. Management and general expenses 0. Fundraising expenses 0. Total expenses 200,322.”

“Write-off of product supply inventory -215,070.”

“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.”