Illinois Action for Children

“Prior to filing the return with the IRS, a draft of the completed Form 990 is reviewed by the organization's outside independent tax advisors and internal management. Subsequent to this review by the tax advisors and internal management, the complete and final Form 990 is approved by the executive committee of the board and presented to the board of directors for review prior to filing the return with the IRS.”

“Annually, The organization distributes a conflict of interest questionnaire to all interested persons to determine if a potential or actual conflict of interest exists. Potential and actual conflicts of interest are monitored on a continuous basis by the board of directors. If the board determines that an actual conflict of interest exists, then the interested person with the conflict is prohibited from participating in the governing body's deliberations and decisions regarding the transaction where a conflict exists.”

“The compensation committee of the board of directors of IAFC is comprised of independent directors and is delegated the responsibility for reviewing and approving the compensation of the organization's top management official (CEO), other officers and key employees. The compensation committee engages an independent compensation consultant to assist in determining the appropriateness of the compensation packages. This includes reviewing comparable compensation studies for similarly qualified persons in comparable organizations. The compensation committee then makes a recommendation to the board, which makes a final determination as to compensation. The process for determining compensation of the organization's top management official, other officers and key employees was last undertaken in March 2015, and is performed annually. The process is documented and is a part of the minutes of the Executive Committee of the board from the April meeting. The Executive Committee serves as the Compensation Committee.”

“see response to Form 990, Part VI, Line 15a”

“Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not made available to the public by the organization at this time.”

“(Expenses $ 760,839 including grants of $)(Revenue $ 736,271) THE PUBLIC POLICY AND ADVOCACY PROGRAM - ILLINOIS ACTION FOR CHILDREN'S PUBLIC POLICY & ADVOCACY PROGRAM ORGANIZES MORE THAN 3,500 ADVOCATES STATEWIDE TO CONNECT WITH THEIR ELECTED OFFICIALS AND URGE THEM TO MAKE THE NEEDS OF CHILDREN AND FAMILIES, INCLUDING EXPANDED ACCESS TO CHILD CARE AND EARLY EDUCATION, A PRIORITY IN ILLINOIS. ADDITIONALLY, ILLINOIS ACTION FOR CHILDREN'S EARLY LEARNING PROGRAMS MAKE EARLY EDUCATION AVAILABLE TO YOUNG CHILDREN WHILE IN CHILD CARE SO THEY WILL BE READY TO SUCCEED WHEN THEY START SCHOOL. THIS WORK HAS INCLUDED CREATING A NATIONAL MODEL FOR PROVIDING PRESCHOOL TO CHILDREN IN HOME-BASED CHILD CARE, AS WELL AS BRINGING CERTIFIED TEACHERS, CHILD DEVELOPMENT EXPERTS, NUTRITION, AND LITERACY TRAINING AND BOOKS INTO THESE CHILD CARE HOMES.”

“Direct Fundraising Expense - -116522;”