Mentoring Works Washington

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

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

“The sole member approves the election of the mentor washington board members. Upon dissolution, the sole member's board members have the responsiblity of distributing the remaining assets of mentor washington.”

“The review process of the form 990 includes a detailed review by the ceo and the director of accounting and finance of college success foundation (controlling entity). The draft form 990 is distributed to mw board members for comments prior to being finalized.”

“The policies, rules, and regulations adopted by the corporation related 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. Conflict of interest questionnaires are requested of all directors annually and for the new directors at the time they join the board. The director of accounting and finance reviews the questionnaire results, and if a conflict arises, the board member recuses themselves from the discussion and vote.”

“The executive director's salary is determined by the recommendation from the mentor washington board of directors. External market salary reviews are conducted for all positions, including the executive directors, every 3-4 years. A review of the executive director position was completed in august 2017. Compensation for all new employees is reviewed at the time of hiring.”

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

“Other professional services: program service expenses 12,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,500. Administrative fees: program service expenses 97,201. Management and general expenses 10,025. Fundraising expenses 24,774. Total expenses 132,000.”

“The audit committee process has not changed.”