The Teaching and Learning Collaborative

“The organization delegated control over the controllership function to rea & associates, inc, under the supervision of beverly may, who is the treasurer for the teaching and learning collaborative. In this function, rea & associates, inc. Maintains the books for the organization and prepares the checks for the organization. The checks are then approved and signed by beverly may. Rea and associates, inc. Started in this controllership function as of january 1, 2009. Previously this function was performed by delaware union esc.”

“The form 990 is prepared by an outside accounting firm. Next it is reviewed by senior members of the management team prior to filing. A copy of the form 990 is then given to the board of directors after the form 990 has been filed.”

“The organization requires all officers, directors, trustees, and key employees to annually review and disclose all interest that could give rise to conlfict. The president of the board of directors is responsible for enforcing this policy and seeing it carried out at the annual board meetings.”

“The board of directors determines the compensation packages for the executive director, top management and key employees. The board of directors performs an annual review of the individuals in these positions and uses that information, along with review and approval by independent persons and comparability data to determine the compensation packages for the officers, top management and key employees.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. The organization's most recently filed form 990 is typically accessible on-line through <www.guidestar.org> as well.”

“Revenue increased by $102943 - grants, direct public support”

“Grants increased by $102943”

“Substitute services: program service expenses 117,179. Management and general expenses 13,020. Fundraising expenses 0. Total expenses 130,199. Stipend service fees: program service expenses 70,889. Management and general expenses 7,877. Fundraising expenses 0. Total expenses 78,766. Meeting contract services: program service expenses 13,199. Management and general expenses 1,467. Fundraising expenses 0. Total expenses 14,666. Other contract services- program related: program service expenses 47,151. Management and general expenses 5,239. Fundraising expenses 0. Total expenses 52,390. Purchased services: program service expenses 392,222. Management and general expenses 43,579. Fundraising expenses 0. Total expenses 435,801.”

“Line 1: cash balance has increased by $102943”

“Net assets have increaseed by $102943”

“Total revenue increased by $102943”

“Net assets increased by $102943”

“Dept of education had an increase of contributions of $102943”

“Grant income increased by $102943”