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 exercising 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.”

“The ceo's compensation arrangement has been approved in advance by our board of directors, which is composed of individuals who do not have a conflict of interest concerning the transaction; prior to making its determination, board obtained and relied upon appropriate data as to comparability. This was originally based on the expertise of a retained search firm that utilized comparable market data for salaries and other compensation. Subsequently, in march 2019, the board conducted an internal compensation review using market comparables and confirmed that the ceo's salary was within the comparables; and the board timely documented the basis for its determination at the time that it made the determination.”

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

“Professional services: program service expenses 96,034. Management and general expenses 15. Fundraising expenses 836. Total expenses 96,885. Service delivery study services: program service expenses 174,951. Management and general expenses 0. Fundraising expenses 0. Total expenses 174,951. Background check services: program service expenses 1,771. Management and general expenses 8. Fundraising expenses 67. Total expenses 1,846. Hr services: program service expenses 59,378. Management and general expenses 28,299. Fundraising expenses 933. Total expenses 88,610. Temporary staffing: program service expenses 300,558. Management and general expenses 73. Fundraising expenses 590. Total expenses 301,221.”