Educare DC

“The form 990 was prepared by outside accountants. The board of directors then reviewed, commented and approved the form 990 before it was finalized and filed.”

“The conflict of interest policy addresses transactions and arrangements involving educare dc's directors, officers, members of any committee of educare dc's board of directors with authority to act on behalf of the board of directors, and educare dc's executive employees (e.g. Executive director, chief executive officer, chief financial officer, chief operating officer) and any other manager or supervisor identified by the board of directors or the president as execising substantial influence over the operations of educare dc. The policy identifies a potential conflict of interest with respect to a transaction or arrangement involving educare dc whenever he or she, or any of his or her family: * receives compensation directly or indirectly from educare dc and the transaction or arrangment involves such compensation. * has or anticipates having any financial interest, including ownership interest, investment interest, or compensation arrangement. * management role-serves or anticipates serving as a director, trustee, or officer of any entity or individual that either: (1) sells goods or services to, or purchases services from educare dc, or (2) has any other transaction or arrangement with educare dc. * positions with grant applicant - serves or anticipates serving as a director, trustee, or officer of any entity that receives or seeks grant funding for educare, dc. * financial relationships with grant applicants-has or anticipates having a financial relationship, including as an employee or a paid consultant, with the grant applicant. Conflicts of interest are reviewed by the president of the board and presented to the board of directors. Persons who disclose actual and potential conflicts and/or whom it has been identified that a conflict of interest exist recuses himself or herself from voting on any transaction or arrangement in which he or she has a potential or actual conflict of interest, and is not present when any such vote is taken.”

“Process for determining compensation of executive director was based on expertise of a retained search firm that utilized comparable market data for salaries. The board of director reviewed and approved the candidate credentials and compensation. The compensation review process was documented. The last compensation review took place in 2014.”

“The organization makes it governing documents, conflict of interest policy and financial statements available to the public.”

“Pyper davis did not work a total of 80 hours per week, she worked with bounce dc, at a full time capacity (40hrs per week) until december 2015. From january 2016 and onward she worked full-time (40hrs per week) with educare dc. The hours reported on part vii are respective of her time with each organization.”

“And by providing high-quality education through small class sizes and cutting-edge teaching methods. Educare is part of the larger educare learning network (eln), which is a partnership between the ounce of prevention fund, the buffet early childhood fund, and other national philanthropies and public/private partners from more than a dozen states across america. The more than twenty schools in the eln are designed to prepare young children for school, nurture early learning, create a more effective early learning program, and drive change among policymakers regarding early childhood learning. Educare has earned accreditation from the national association for the education of young children (naeyc) - the nation's leading organization of early childhood professionals.”

“Professional services: program service expenses 358,411. Management and general expenses 4,005. Fundraising expenses 306. Total expenses 362,722. Service delivery study services: program service expenses 157,167. Management and general expenses 0. Fundraising expenses 0. Total expenses 157,167. Background check services: program service expenses 2,982. Management and general expenses 388. Fundraising expenses 27. Total expenses 3,397. Hr services: program service expenses 76,585. Management and general expenses 10,234. Fundraising expenses 716. Total expenses 87,535.”

“The organization formed a finance committee in 2016. Its charge includes the oversight of the audit and selection of an auditor.”