Array Education Inc

“The organization's federal form 990 was provided to and made available to its board for review by its members prior to filing with the irs. As part of the tax return preparation process the organization hired a professional cpa firm with experience and expertise in not-for-profit tax return preperation to prepare the federal form 990. The cpa firm prepared a draft federal form 990 and furnished it to the organization's finance personnel for their review. The organization's finance personnel reviewed the draft federal form 990 where necessary and a final draft was furnished by the cpa firm to the organization's finance personnel for final review and approval prior to presentation of the federal form 990 to the organization's board of directors.”

“The organization regularly monitors and enforces compliance with its conflict of interest policy periodically. All members of the board of directors, officers and senior management personnel are required to review the existing conflict of interest policy and complete a questionnaire. The completed questionnaires are returned to the organization's central finance and operations team for review. The organization's partner prepares a summary of the completed questionnaires which contains information disclosed on an individual by individual basis. Thereafter, the organization's partner shares the summary with the board of directors for its review.”

“Compensation for the executive officer of the organization was originally discussed and determined by the board of directors, taking into account compensation packages of comparable organizations and applicable salary data. Changes to the executive officer's compensation package beyond a standard organizational annual cost of living increase are determined by the board as needed. The offer of employment and any significant changes in compensation package for the executive officer are formally made by the board chair.”

“The organization makes its 990 and financial statements available to the public upon request.”

“Array education is an innovation studio that supports, connects, and invests in teaching and learning projects starting with early literacy and continuing through the strong launch of a young person's career. To this end, array operates five key programs - a college scholarship program targeting high-potential, underrepresented students from essex county, nj; a purpose-focused program working with students and adults to help them to explore, articulate, and pursue their purpose; a global education program focused on improving student learning by developing school leaders; a professional development development and training program serving teachers, school leaders, and school organizations who seek to improve instruction; a literacy program partnering with schools and nonprofit organizations to support high quality reading instruction; and a career-focused program accelerate students into purpose-filled lives that lead to economic freedom.”

“The board has not changed its process for selecting the independent auditor nor have they changed the oversight of the audit from prior years.”