Alliance for Strong Families And

“The organization updated its governing documents in 2022 to report the merger of alliance for strong families and communities, inc. And council on accreditation for children and family services, inc. To form social current, inc.”

“The form 990 is distributed electronically to the finance committee for review. Upon completion of the review a final draft is distributed electronically to all members of the board. There is then an approximately one week period for each board member to review the form 990. Upon completion of their review each board member electronically submits their approval of the form 990 and minutes capturing the vote are recorded. It is then filed with the irs following board approval.”

“All board and executive staff members are annually required to execute an acknowledgement attesting that they have read, understood and agree to comply with the organization's written conflict of interest policy. Anyone believing that a conflict-of-interest may exist must disclose the potential conflict orally or in writing to the board members or board committee considering a potential transaction to which the conflict relates. Following a period of questions from the board or board committee, the interested person must leave the room and not participate in discussions or voting related to the potential conflict. By majority vote, the board or board committee will determine if a conflict exists, and whether to enter into the proposed transaction. A disinterested person or committee may be appointed by the board chair to investigate alternatives to a proposed transaction if the board deems this necessary. The minutes of the board or board committee will document that the conflict was disclosed, the voting record regarding the conflict, and the decision made regarding the transaction. If the board has reason to believe that a conflict was not disclosed, the interested party will be given an opportunity to explain the alleged failure to report a potential conflict of interest. Following a formal board hearing, investigation and vote, the board determines that a failure to disclose a conflict of interest existed, the board will take necessary corrective action against the interested party including removal from the committee or from the board.”

“Compensation decisions related to the president & ceo are reviewed by the board chair, executive committee, and full board. The executive committee takes into consideration performance management and competitive compensation data including a compensation study that began in 2021 and was completed in 2022 and was conducted by an independent human resource consulting firm. The executive committee makes recommendations to the entire board regarding the president & ceo's compensation. Recommendations for the president & ceo compensation are subject to the review/approval of the social current board of directors and are communicated to the social current people operations (human resources) department in writing. The president & ceo determines the compensation for other social current staff, along with recommendations from the executive leadership team. Compensation decisions for other staff are made factoring in annual performance management and competitive compensation data. Social current has implemented a compensation plan to facilitate its ability to attract, retain, and reward staff. This program utilizes annual performance management, periodic external market comparability reviews, and salary administration guidelines. The last compensation review took place in june 2022.”

“Social current makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, form 990, form 1023, and by-laws are also available upon written request at 648 n plankinton ave., suite 425, milwaukee, wi 53203 or by calling the organization directly at 212-797-3000.”

“Social current is a national nonprofit whose mission is to advocate for and implement equitable solutions to society's toughest challenges through collaboration, innovation, policy, and practice excellence. Social current is the premier partner and service provider to a diverse network of over 1800 human and social service organizations across the us and offers an array of services and supports to advance the quality and effectiveness of these organizations. Foundational to our work is the belief that a strong social sector is a strong contributor to strong communities. To build a strong sector, we provide professional services to organizations and just as importantly foster, create, and curate connections across our network to ensure the right types of support are available for successful uptake and sustainability. That connection, to like-minded organizations weathering similar challenges and embarking on similar quality efforts, distinguishes social current from others in the marketplace. Social current leverages both our expertise, research, and field experience from our network to inform our services which are focused in the following areas: coa accreditation; child, family, and community well-being; equity, diversity, and inclusion; leadership and organizational excellence; workforce resilience, brain science, and trauma-informed approaches; and policy and educational advocacy.”

“Through the merger of alliance for strong families and communities, inc. And council on accreditation for children and family services, inc., the surviving entity, social current, inc. Undertook the coa accreditation program.”

“Social current has an agreement in place with a professional employer organization to perform its payroll functions, and therefore does not directly issue w-2s. All employees of the professional employer organization are common law employees of the filing organization and the wages, taxes and benefits are reported as such on form 990, parts vii and ix.”

“Council on accreditation for children and family services 9,233,406. Transfer of net assets - merger alliance for strong families audit adjustments to beginning balance 553,920.”

“The oversight of the audit and selection of the independent auditor is conducted by the finance committee and approved by the board of directors. This process has not changed from the process followed in the prior year.”