Partnership with Children Inc

“The organization has its form 990 prepared by an outside accountant. The form 990 is reviewed in detail by the organization's chief financial officer and chief operating officer. The revised form 990 is then reviewed and approved by the audit committee of the board of directors. The form 990 is provided electronically to the full 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 is 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 executive committee of the board of directors reviews the performance of the executive director & ceo and sets compensation annually. In determining the compensation, the executive committee examines comparability data provided by public sources including forms 990 of similar organizations and compensation surveys. The executive committee communicates its decision in writing to the organization for implementation. 990 part vi, line 15b the executive director & ceo reviews the compensation of the chief financial officer, key employees, and all other employees annually using comparability data of similar organizations. The board of directors approves the overall budget and not individual staff compensation as part of the annual budget process.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. The form 990 and the financial statements are also available on the organization's website. In addition, the form 990, the financial statements and the governing documents are also available upon written request.”

“The organization utilized the services of a professional employer organization ("peo") through march 17, 2023. The organization's 2023 w-2 forms were issued under the employer identification number of the peo for wages earned between 1/1/2023 - 3/17/2023 and under the organization's employer identification number for wages earned between 3/18/2023 - 12/31/2023. The number of employees reported in part i, line 5, as well as part v, line 2a, represent the total number of the organization's employees in calendar year 2023.”

“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.”