Let'S Get Ready Inc

“Form 990 is prepared by an independent public accounting firm and is provided to management and finance committee for the review. A complete copy of the form 990 is provided to the board of trustees along with a recommendation from the finance committee chair for final review and approval prior to the filing of the form 990 with the internal revenue service.”

“The organization has a conflict of interest policy applicable to all board members and officers. All applicable individuals are required to sign a conflict of interest agreement annually, disclosing any possible conflict of interest and are given the opportunity to disclose all material facts to the board. After disclosure of all material facts, and after any discussions with the interested person, he/she leaves the board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining disinterested board members decide if a conflict of interest exists by a majority vote. The interested person recuses themselves from deliberations and voting on matters giving rise to such conflict. Deliberation and decisions are recorded in the minutes of the board.”

“Every 3 years the organization reviews organization-wide compensation of ceo and percentiles may change based on compensation survey data and an independent compensation consultant and may be reviewed by finance committee. The board chairperson is initially responsible for the annual performance and salary evaluation of the ceo of let's get ready. The board chairperson sets compensation, drafts the review and proposed compensation followed by the board chairperson and board meeting independent of ceo to discuss ceo's performance relative to the position during these deliberations, the board reviews all aspects of ceo's performance as well as the overall performance of the organization in the prior year. Once consensus is reached regarding the ceo's performance, the appropriate compensation will be determined based on compensation data for similarly qualified people in comparable positions at similarly situated organizations. This process was last completed in fy2024 and did include review and approval by the chairperson and full board.”

“Let's get ready makes its governing documents, conflict of interest policy, financial statements, and form 990 available upon request. The form 990 and financial statements are available on our website, letsgetready.org. In addition, the form 990 is available on guidestar.org and similar websites.”

“The organization contracted with a professional employer organization (peo) for services, including but not limited to, payroll, timekeeping, employee benefits, hr administration and workforce regulatory compliance needs. As the employer of record for tax purposes, forms w-2 and w-3 are issued by the peo and filed under the peo's federal ein. In this co-employment arrangement, the organization is the common law employer and, accordingly, compensation is reported on form 990, part vii, section a and part ix, lines 5-10.”

“The organization has a committee that assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant. The oversight and selection process has not changed from the prior year.”