The Astor Learning Center

“A review was made of the form 990 by the audit committee and then sent to the board for comment and approval.”

“All directors and officers are required to sign a conflict of interest statement annually at the october board meeting. The form requires disclosure of any conflicts.”

“Each year the cfo performs a review of executive compensation by going to guidestar and pulling 990 compensation information for executive directors of comparable non profits in the region. That information is provided to the compensation committee of the board who then review that information. They do a performance evaluation of the executive director and set the salary. The salary is reported to the executive operations committee and the full board. This year a consultant was used (astron solutions) to perform a salary analysis of all staff composing the executive cabinet. That info will also be shared with the compensation committee.”

“The documents are available for review upon request.”

“Change in temporary net assets-in-kind -31,978.”

“The process of overseeing the audit and selection of independent accountant: has not been changed from the prior year.”

“Transactions between astor learning center and astor services for children: astor services for children pays all of the bills for astor learning center and collects all of the cash for astor learning center so all of that activity flows through the intercompany account. In fiscal year 6/30/14 astor learning center had about 3.9 million in revenue and 3.6 million in expenses, all of this activity would flow through the intercompany account.”