Chicago Freedom School

“The executive committee shall be chaired by the chairperson and shall consist of the chairperson, vice-chairperson, secretary, and treasurer, who will work in consultation with the executive director. The executive director of the corporation shall be an ex officio non-voting member of the executive committee. The executive committee carries out executive functions of icah between board meetings and recommends action to the board and the executive director. The executive committee actions shall be reviewed and approved by the full board at its regularly scheduled meetings.”

“The organization hired keisha farmer-smith as interim executive director through the morten group.”

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters. The organization documents the proceeding resulting from conflicts of interest in the meeting minutes.”

“Each year, the board of directors meets to discuss the compensation for all company employees. The board review data regarding the compensation paid to similarly qualified individual in functionally comparable positions by similar organizations within the geographic region. The board also review the performance of the employees during the prior year and the recommendations of the executive director regarding any adjustments to the employees' compensation. The executive director leaves the board meeting while the board deliberates and decides on any adjustments to compensation of the executive director and other employees for the upcoming year. Decisions are recorded in the minutes of the board meeting and in separate instructions to the executive director to implement the decisions. The last year this process was completed was 2020.”

“A complete copy of form 990 and the audit report is posted on the web-site of the illinois attorney general. The web-site of the illinois attorney general is open to the general public.”

“Disclosure of governing documents, policies, and financial statements is made available to the general public upon written request.”

“Information technology: program service expenses 0. Management and general expenses 168. Fundraising expenses 0. Total expenses 168. Contract services: program service expenses 220,647. Management and general expenses 0. Fundraising expenses 129. Total expenses 220,776.”