After School Matters Inc.

“The irs form 990 return is reviewed by management and sent to the audit committee of the board. The audit committee convenes by meeting or conference call to review the return, ask questions, and request corrections. Upon the audit committee's recommendation, management forwards the return to the managing directors, signs and mails the return to the irs and posts the return on the organization's website.”

“Directors, officers, and key employees complete an annual disclosure statement indicating any potential conflicts of interest. Potential conflicts are reviewed, monitored and evaluated by the audit committee.”

“The board's executive team reviews the ceo's goals and current compensation package together with compensation information from other similarly situated organizations and other market data. The ceo is not involved in these conversations or votes. For key employees and other officers, the ceo reviews comparable salaries at other non-profits to assist with determining compensation.”

“The conflict of interest policy, by-laws, irs determination letter and audited financial statements for the most recently completed fiscal year are available upon request in writing to after school matters 66 east randolph street, chicago, il 60601. The board of directors list and the most recent completed irs form 990 are available on the website at www.afterschoolmatters.org”

“After school matters issued 6,154 1099s in 2019. Approximately 6,091 of these 1099s were issued to teens who received awards/program stipends for participating in asm training programs. These teens are not employees or contractors of asm, however the cumulative amount of the awards/stipends received by the teens participating in multiple training programs was slightly more than the $600 1099 filing threshold.”

“After school matters reported 2,576 employees on its 2019 form w-3. This consisted of 1,814 teen interns who participate in our programs at an advanced level to gain real world leadership and work experience; 601 part time instructors who deliver after school matters' programs; and 161 program support and administrative staff.”

“Community based organization contracts: program service expenses 2,150,623. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,150,623. Visiting professionals: program service expenses 18,443. Management and general expenses 0. Fundraising expenses 0. Total expenses 18,443. Payroll processing fees: program service expenses 184,443. Management and general expenses 5,870. Fundraising expenses 3,509. Total expenses 193,822. Background check services: program service expenses 68,557. Management and general expenses 1,595. Fundraising expenses 0. Total expenses 70,152. Professional development: program service expenses 5,361. Management and general expenses 752. Fundraising expenses 2,025. Total expenses 8,138. Professional fees: program service expenses 155,886. Management and general expenses 205,391. Fundraising expenses 33,616. Total expenses 394,893. Other fees: program service expenses 1,186,207. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,186,207. Cbo administrative fee: program service expenses 135,723. Management and general expenses 0. Fundraising expenses 0. Total expenses 135,723.”

“Reversal of prior year grant expense 956,196.”

“The process has not changed from prior year.”