Mentoring Works Washington

“College success foundation is the sole member of washington state mentors.”

“The sole member, college success foundation, appoints its board chair, chief operating officer and board secretary to the washington state mentors board.”

“The sole member approves the election of the washington state mentors board members. Upon dissolution of washington state mentors, the sole member's board members have the responsibility of distributing the remaining assets of wsm.”

“The review process includes a detailed review by the controller and the interim cfo of college success foundation (controlling entity), along with the president. The form 990 is also reviewed by college success foundation's board finance committee, including the chairperson of the csf board. Subsequent to the review by the finance committee and prior to the filing of the return, all board members receive a copy of the 990 for review.”

“The policies, rules, and regulations adopted by the corporation relating to conflict of interest shall apply to any person appointed by the board of directors in any capacity and to the members of the board of directors themselves and key employees. The conflict of interest questionnaires are requested of all directors annually and for new directors at the time they join the board. The cfo reviews the questionnaires and if a conflict arises, the board member recuses themselves from the discussion and vote.”

“The chief executive officer's salary is determined by recommendation from the college success foundation's governance committee to the personnel and compensation committee and voted on by the csf board of directors. External market salary reviews are conducted for all positions, including the ceo's, every 3-4 years. A review of the ceo position was completed and presented to the personnel and compensation committee in august 2013. The executive director and cfo's salary is reviewed by college success foundation's personnel and compensation committee and approved by the csf board of directors. If the csf board approves increases for all staff, the ceo and csf board chair review each individual in the administration process of increases. Compensation increases for the executive director and cfo was last approved at the january 2013 board meeting.”

“Governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Fourteen volunteers served on the board of directors, 15 read grant applications, 12 provided support at our conference, 8 provided event support at our annual auction, and 11 served on an advisory council.”

“Other professional fees: program service expenses 75,641. Management and general expenses 6,150. Fundraising expenses 0. Total expenses 81,791. College success foundation administration service fees: program service expenses 37,100. Management and general expenses 53,000. Fundraising expenses 15,900. Total expenses 106,000.”