I Know I Can

“To facilitate the timely filing of the form 990, the return is reviewed by the board president, board treasurer/chair of the finance committee, and the executive director. The return is sent electronically to the board prior to its filing. It is then presented to the full board at the next quarterly board meeting.”

“In connection with any actual or possible conflict of interest, the board member must disclose the existence and all material facts to the board at the next board meeting. They are then to leave the room. The remaining board members shall decide if a conflict of interest exists.”

“Historically, i know i can has reviewed the annual united way of central ohio salary survey, the annual ohio association of nonprofit organizations salary & benefit report and the actual compensation paid by numerous local charitable organizations as reported on their respective form 990 benchmarks to determine and set the compensation of its executive director. The compensation has been determined by the board of directors, or the executive committee thereof, all of whom are independent persons. The executive director role was reviewed by an external compensation consultant during 2013. This review included research of non-profit organization market data gathered and reported by a survey vendor who specializes in compensation. In addition, the human resources committee of the board evaluated the executive director's overall performance in comparison to the expected results. After considering the executive director's performance and the pay relative to market, a compensation recommendation was developed by the human resources committee, and approved by the board of directors, and the executive committee. The recommended changes to compensation included an increase to base and adding an incentive for meeting non-financial organization objectives. The external compensation consultant, hr committee, board of directors and its executive committee are all independent persons. The executive director is responsible for hiring and firing all other employees of i know i can. Prior to hiring employees, the executive director reviews compensation comparability data when considering compensation packages for all other employees. Compensation deliberations are not done at the board level. They are conducted at the executive committee level or at a personnel subcommittee level.”

“This organization's form 1023 and form 990 are available upon written request. Further, form 990 is available on their website and also available on www.guidestar.org”

“This organization makes its governing documents, financial statements & conflict of interest policy available to the public upon written request.”

“Prior period adjustment 1,187. Increase in beneficial interest in assets held by others 731,935. Grants received from beneficial interest held by others -3,325,000.”

“I know i can has a board-level finance audit committee that is made up of the organization's treasurer as well as the board president and three other board members. This committee meets a minimum of four times per year to review the financials as well as review its annual audit and form 990. The finance audit committee meets with the independent auditors annually to review the audit. Furthermore, prior to the start of the audit, the treasurer, board president, and executive director discuss who will be conducting the audit. This has not changed from the prior year.”