Connecticut Coalition for Achievement Now Inc

“Each of the following members of the board of directors has a business relationship with each of the other listed directors: jon sackler, brian olson, and john irwin.”

“A review of the form 990 will be conducted after the return is filed.”

“A conflict of interest requiring disclosure exists when a director, or a member of his or her family, or a person with whom the director shares a home (a "related person") has: (i) a close relationship (such as service as an employee, owner, potential owner, director, committee member, adviser, partner, shareholder or beneficiary) with an organization or person with which the corporation has entered or is considering entering into a material financial, investment or business relationship, or (ii) a material financial interest in any existing or potential corporation financial, investment or business interest (collectively "financial interests"). The corporation also requires disclosure of financial interests by covered persons and their related persons. Each director, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms such person: has received a copy of the conflicts of interest policy, has read and understands the policy, has agreed to comply with the policy, and understands the corporation is nonprofit and charitable and, therefore, in order to maintain its federal tax exemption, must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Procedures: 1.a questionnaire is provided and there is an ongoing duty by each board member to disclose any actual or possible conflict of interest. 2.addressing and determining a conflict of interest - after disclosure of the financial interest and all material facts are presented. The board or committee, except for the interested person, shall decide if a conflict of interest exists. 3.after the board or committee exercises due diligence for addressing the conflict of interest, the board or committee shall determine whether the corporation enters into the transaction or arrangement, based on the best of interest of the corporation. Such determination shall be made without participation of the interested person. 4.the board shall apply the same criteria, as to the best interest of the corporation, in the event it becomes aware of an undisclosed conflict of interest.”

“Conncan has distinguished itself from other state-level nonprofits by bringing national level talent to state level problems. Just as great schools are founded on great teachers, we believe that our mission can only be accomplished with excellent people at every position in our organization. Our compensation strategy is in service of this approach. We recruit smart, ambitious, passionate professionals with a deep commitment to our mission and their craft. We set compensation using market data as appropriate for talent and experience of each member. When conncan was launched, salaries were set according to a preliminary review of the connecticut nonprofit landscape. Annually, we undertake an effort to benchmark key positions against peer organizations outside of connecticut (initially looking at other state-level education reform groups and then more broadly at national education reform groups). We benchmark these positions using a survey of the salaries reported in 990 forms from peer group nonprofits. This information is then reviewed by the chair of the board of directors and other board members and a discussion takes place in an executive session of the last board meeting of the year. During this discussion, the market rate for positions is compared against the results and individual contributions of staff. In setting salaries, the salary of ceo jennifer alexander was proposed by the compensation committee and reviewed in an executive session by the other board members without jennifer alexander being present. The other staff salaries were recommended to the board by the ceo and approved by the board during that executive session. All board approvals were documented in the minutes of the meeting. The last review took place in december 2017.”

“Conncan's annual report includes its financial statement. The annual report is available upon request and is available as a pdf on conncan's website for public viewing/printing. All other documents are available upon request.”

“At the time the return was prepared and filed, financial data and compensation information were reported using the best information available, which was not independently verified.”