New Teacher Center

“The form 990 is reviewed by the board either in a meeting or via electronic distribution before it is sent to the irs.”

“The policy covers directors, officers, and employees. It covers financial relationships with a duty to disclose to ntc a conflict of interest. With regard to an employee, the ceo determines the appropriate response in line with the policy. With regard to directors or officers, or employee matters referred to the board by the ceo, the board addresses the conflict. Independent board members determine if a more advantageous transaction or arrangement exists with no conflict. After exercising due diligence, the majority of disinterested board members as a whole or as part of a committee by a majority vote whether the transaction is in ntc's best interests and is fair and reasonable.”

“New teacher center adopted a compensation review policy to facilitate compliance with california and federal law relating to compensation of senior management of nonprofit organizations and in accordance with best practices. Ceo and cfo/coo - under the policy, the board may approve the compensation of the ceo or cfo/coo only if the compensation is just and reasonable. In making this determination, the board considers comparability data that demonstrates the fair market value of the ceo's and cfo/coo's compensation. These data may include the following: compensation paid by similarly situated nonprofit and forprofit organizations for comparable positions availability of similar services in ntc's geographic area current compensation surveys compiled by independent firms and written offers from similar organizations competing for the ceo's or cfo/coo's services. The board may take any other such review actions as it believes appropriate under then applicable law and best practices principles. The board documents how it reached its decisions, including the data on which it relied. Documentation such as meeting minutes should note: (i) terms of the compensation and the date it was approved (ii) board members who were present during the meeting and those members who voted (iii) comparability data obtained and relied upon and how the data were obtained (iv) any actions taken with respect to consideration of the compensation by anyone who is otherwise a board member but who had a conflict of interest with respect to the decision and, (v) if the compensation is higher or lower than the range of the comparability data, the basis for the decision. In addition to the requirements of the compensation review policy applicable to all covered individuals, the board reviews the compensation of the ceo and cfo/coo (or individuals with equivalent powers, duties, and responsibilities) upon (i) hiring (ii) whenever the term of employment, if any, is renewed or extended or (iii) whenever the compensation is modified, unless the modification extends to substantially all of ntc's employees, as required by california law.”

“All requests for governing documents, conflict of interest policies, and financial statements are made available upon request, generally within 48 hours at no expense to the requesting party. Distribution of the requested documents will be in pdf format delivered via email, unless a paper copy is requested which will be distributed via u.s. Mail.”

“Recognizing the strong influence of teachers and school leaders on student success, new teacher center aims to accelerate student learning by building capacity within districts to support and retain strong, effective teachers and school leaders throughout their careers starting the first moment they enter the classroom. Our work centers around four key pillars: 1. Student learning 2. Educator effectiveness 3. Leadership development 4. Optimal learning environments to achieve this, new teacher center provides teachers and school leaders quality, consistent, instructional-based support, so districts can create and sustain a lasting, impactful, quality educational environment that will end educational inequity in our lifetime. Ntc is improving the learning of over 1.8 million students, 24,000 teachers, and 6,500 mentors across the country. For more information, visit: http://www.newteachercenter.org/.”

“Other: program service expenses 2,767,847. Management and general expenses 0. Fundraising expenses 64,284. Total expenses 2,832,131.”

“The process has not changed from prior year.”