Ed Allies

“The finance commitee will review and approve the form 990 and recommend board approval. The board will review the form 990 prior to filing with the IRS.”

“Members shall not use their position, or the knowledge gained from association with Ed Allies, in such a matter that a conflict between the interests of Ed Allies and their interests arises, but is not disclosed. If such a conflict arises, the member with the conflict is expected to disclose in writing the existence of the conflict to the board chair as soon as that member is aware of the conflict. The board chair will, in turn, determine the appropriate method for managing the conflict. All proceedings related to conflicts of interest are documented and reviewed by the board.”

“Data consisting of compensation from comparable non-profits of like size is reviewed by the internal affairs commitee prior to determining the compensation of officers and key employees. Compensation best practice is to remain within 20 percent of the operating budget. The internal affairs committee reviews the data and makes a recommendation to the board for approval. The board approves the compensation and documents in the meeting minutes. The most recent compensation review took place in 2020 for executive director, Josh Crosson.”

“This organization makes its governing documents, conflict of interest policy and financial statements available upon request.”

“The organization has a finance committee that meets quarterly with members of staff and board members. The committee is led by the current Board Treasurer.”

“During the 2020 year, Ed Allies sponsored Minnesota Parent Union as a project within Ed Allies chartible paramiters. Minnesota Parent Union received their own 501(c)3 status in November of 2020 and became independent from Ed Allies on November 30th, 2020. Ed Allies charged Minnesota Parent Union $13,434 as an adminstrative fee while they were with Ed Allies. At the end of the the fiscal year, there was $11,822 due from the sponsee.”