Accelerate Institute

“Patrick g. Ryan jr., lydia ryan, and robert j.w. Ryan - family relationship”

“The organization's management works with its independent third party tax preparers to complete the form 990. Upon its completion, the organization's management performs a detailed preliminary review of the prepared form 990. Subsequent to the preliminary review, a copy of the completed form 990 is distributed to the full board for their review and comments prior to filing with the irs.”

“The conflict of interest policy includes any director, advisory director, officer, or member of a committee with board-delegated powers who has a direct or indirect financial interest. In connection with any actual or possible conflicts of interest, an interested person must disclose the existence of his or her financial interest to the board of directors and members of any committee with board-delegated powers considering the proposed transaction. If it is determined that a conflict of interest exists, the board of directors or committee shall determine whether the organization can obtain a more advantageous transaction with reasonable efforts from a person or entity that would not give rise to a conflict of interest. If it is determined that an interested person has a conflict the organization takes action to ensure that appropriate restrictions are put in place such as prohibiting them from any related discussion, vote or similar action on the matter. The board or committee may, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction. If the board or committee determines that a more advantageous transaction is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the board or committee shall determine by majority vote of the disinterested directors whether the proposed transaction is in the organization's best interests and is fair and reasonable to the organization, and shall make its decision (by majority vote of the disinterested directors) as to whether to enter into the transaction in conformity with such determination.”

“The organization's board utilizes comparability data for similarly qualified persons in functionally comparable positions in the industry obtained from a compensation study, as well as performance evaluations to determine the compensation of the organization's top management official. The final determination of the top management official's compensation arrangement is subject to the organization's independent board's review and approval and documented in a written employment contract. The process for determining compensation for accelerate institute's ceo was last undertaken in july 2013.”

“The organization's board utilizes comparability data for similarly qualified persons in functionally comparable positions in the industry. The final determination of the compensation arrangement for other officers, operating as a consultant, and key employees is subject to the approval by organization's ceo and/or the organization's independent board's review and approval, and the process is documented in a written employment contract.”

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

“The institute is anchored by four programs: the ryan fellowship, which seeks to solve the issue of underperforming urban charter schools by identifying and developing transformational school principals with expertise in accelerating student achievement through a one-year fellowship and two years of mentored support; ictc leadership academy, which accelerates the development of high leadership potential teachers into instructional leaders preparing to move to the next level; the ryan award, which honors successful transformational school principals in the united states, engaging them in developing the next generation of school leaders; and alain locke charter school, the organization's subsidiary, is a pre-k through 8th grade elementary school in one of chicago's most underserved communities. The school focuses on absolute excellence and preparing its students to be globally competitive.”

“The inner-city teaching corps (ictc) program was in the process of being phased out during fiscal year 2014, and it has since been completely removed in fiscal year 2015.”