The Center for Arts Education Inc

“The organization's sole member is partnership with children, inc.”

“The organization's sole member has the authority to elect the directors of the governing board.”

“The following actions require the approval of the organization's sole member: purchase, sale, mortgaging or leasing of real property; amending the by-laws; incurring indebtedness other than as approved in an annual budget; merging or consolidating into any other entity; dissolving; and selling or transferring any material assets.”

“The form 990 is reviewed in detail by partnership with children (pwc)'s (related entity's) chief financial & administrative officer and ceo. The revised 990 is then reviewed and approved by the audit committee of partnership with children's board of directors since the center for arts education (cae) board of directors dissolved on october 1, 2021 when cae merged into pwc. The final 990 is provided electronically to the full partnership with children board of directors for review and comment prior to filing with the internal revenue service.”

“The organization has a conflict of interest policy applicable to directors, officers, and key employees. All persons covered under the policy have a duty to disclose the existence of any possible conflict of interest, which such person directly or indirectly has or may have in a transaction or proposed transaction with the organization, promptly upon becoming aware of such possible conflict. The board of directors makes determinations regarding conflict matters. Covered persons may not participate in deliberations or voting relating to a matter with respect to which they may be conflicted and are prohibited from influencing the deliberation or voting on the matter. As part of the deliberations, the board considers whether the proposed transaction is in the organization's best interest, is fair and reasonable and if alternative arrangements with persons who are not in a conflict relationship should be investigated. Determinations are made by majority vote of the directors present at the time of the vote and documented in the board minutes. On an annual basis, each director, officer and key employee is provided with a copy of the conflict of interest policy and required to complete, sign and submit a written statement to the compliance officer identifying any relationships or transactions that may present a conflict of interest. The compliance officer submits the statements to the board and monitors compliance with the policy.”

“The organization makes its governing documents, conflict of interest policy, financial statements, and form 990 available to the public upon request. The form 990 can also be found on guidestar.org and similar types of websites.”

“In february 2020, the organization began utilizing the services of a professional employer organization ("peo"). W-2 forms were issued under the employer identification number of the peo. The organization issued w-2 forms for compensation paid prior to engaging the peo.”

“Payroll processing fees: program service expenses 4,487. Management and general expenses 496. Fundraising expenses 1,235. Total expenses 6,218. Consultants: program service expenses 10,400. Management and general expenses 0. Fundraising expenses 6,300. Total expenses 16,700. School based programs: program service expenses 86,087. Management and general expenses 0. Fundraising expenses 0. Total expenses 86,087.”

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