Tntp Inc.

“Tntp, inc. Amended their by-laws in 2023. The following significant changes were made to the composition of the governing body: - each standing committee will have a chairperson and operate in accordance with a committee charter that may be amended from time to time by the board. - the amended by-laws describes the powers and duties of the executive committee. - board secretary no longer must be the vice president of legal and general counsel of the organization - board treasurer no longer must be the chief strategic growth and finance officer”

“The form 990 is prepared by an outside accounting firm with input from and in consultation with the organization's controller, vice president of finance, chief strategy, growth and finance officer, and the interim general counsel. Once approved by the organization, the form 990 is presented to the organization's board of director's audit committee for review and approval. Upon approval by the board's audit committee, the completed form 990 is provided to each voting member of the board prior to filing with the internal revenue service.”

“The organization has a conflict of interest policy that requires each director, officer, committee member and key employee to disclose any commitment, investment, relationship, obligation, or involvement, financial or otherwise, direct or indirect, that may influence their judgment. The board of directors delegates the determination of interest to the executive committee, the committee members evaluate the existence of any conflict of interest. Board of director delegates may not determine a conflict of interest for their own person. When there is a transaction or arrangement that may present an actual or potential conflict of interest as described in the policy, the organization follows its written policy and procedures to clear or otherwise resolve the conflict or appearance of a conflict. Each director, officer, committee member and key employee must annually electronically sign a statement which affirms such person (1) has received a copy of the conflict of interest policy; (2) has read and understands the conflict of interest policy; (3) has agreed to comply with the conflict of interest policy; and (4) understands that tntp is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. The executive committee is responsible for overseeing collection of the annual statements completed by the board member. The organization's people operations team is responsible for the collection, monitoring and compliance of the annual statements completed by the organization's officers, key employees, and staff. The executive committee is responsible for monitoring and compliance with the conflict of interest policy. The actions taken during the board and committee meetings are recorded in the corporation's minutes.”

“The executive committee of the board of directors reviews and approves the compensation of the ceo and executive team members. For all positions, tntp's people operations team performs regular market analysis using comparability data from industry surveys, documented compensation of persons holding similar positions in similar organizations, and/or independent compensation studies. Tntp engages a compensation consulting firm to conduct a comprehensive equity analysis. The market and equity are considered in the recommendation of compensation changes for the organization's officers and staff. In addition to these processes, the executive committee of the board of directors for tntp approves all executive team member compensation increases each year during the merit compensation cycle. Tntp offers annual merit increases to recognize strong job performance and support salary growth over time. Tntp's merit increase is a performance-based salary increase. A staff member's individual merit increase is based on their end-of-year performance rating and salary relative to market median. Merit based salary adjustments were last provided in december 2022.”

“Tntp makes its form 990 available for public inspection as required under section 6104 of the internal revenue code by posting it on its website. In addition, the form 990, audited financial statements and conflict of interest policy are available upon written request.”

“Tntp stopped acting as a fiscal sponsor and custodian for funds for two organizations.”

“During fiscal year 2023, tntp continued working toward the goals in our current strategic plan while also working to set the organization up to think about longer-term economic and social mobility for students. This year, we focused on expanding access to opportunity and inspiring a community-and nationally-based agenda focused on accelerating learning and ensuring effective teaching for all students. This year, tntp had our most impactful year to date. Through our work supporting schools, school systems, and state education agencies, we worked to ensure that all students had access to grade-level content, the supports they need to master that content, and diverse, skilled educators and teachers to support that learning. As a result of our work in the field, we meaningfully increased students' access to classroom-level resources that we know set them up for academic success. In communities where we worked, more than two million students had increased access to grade-appropriate assignments; almost three million students had increased access to strong instruction; and more than 3 million students had increased access to teachers with high expectations. Additionally, 1.8 million students demonstrated improved academic outcomes in sites where tntp worked. We also worked to ensure through our research, policy, and advocacy work that all students have access to grade-level content and the supports they need to master it. We published two major research projects that demonstrated the need for school systems to authentically engage families and communicate honestly with families about how their students are performing academically. We also supported schools, school systems, and state education agencies to diversify their workforces by releasing our workforce design framework.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”