Black Alliance for Educational Options Inc

“Deborah mcgriff, chair, and dr. Howard fuller, chair emeritus, have a family relationship. Deborah mcgriff, chair, and jacqueline cooper, president, have a family relationship.”

“The return was prepared by the outside accountants and reviewed by senior management. A copy of the final 990 was presented to the entire board before it was filed with the irs.”

“Board members submit annual conflict of interest disclosure forms. The baeo board chair at baeo's annual in-person board development meeting reviews the conflict of interest forms with the board to ensure all members have signed the document. All signed documents are given to the president and secretary for review. The president files the documents for future reference. If a conflict were to arise, the interested person would recuse him/her self from voting on the matter.”

“The board annually approves compensation of the president. The most recent salary review for this position was done in january 2015. In determining compensation for employees, baeo's board approves all compensation through the budgeting process. Any changes or additions to the approved budget must be approved by the board. The board working with the hr consulting firm, nonprofit hr solutions in washington, dc, regularly reviews levels of compensation for its employees against similarly qualified persons in functionally comparable positions at similarly situated organizations. This was most recently done for each baeo staff position in december 2013. The analysis also included a review of each local market where baeo employees are located. Based on this review, compensation was adjusted accordingly. The review process and the market data are recorded in the baeo board minutes.”

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

“Baeo added the social innovation competition as a new program in 2016.”

“While baeo's mission remained unchanged, the organization downsized to a small national staff and ceased conducting various programs in 2016.”

“Transition expenses: program service expenses 8,887. Management and general expenses 12,523. Fundraising expenses 659. Total expenses 22,069. State compliance: program service expenses 6,294. Management and general expenses 8,869. Fundraising expenses 467. Total expenses 15,630. Hr consultant: program service expenses 6,981. Management and general expenses 9,838. Fundraising expenses 518. Total expenses 17,337. Print design services: program service expenses 16,823. Management and general expenses 23,706. Fundraising expenses 1,248. Total expenses 41,777. Consultants/contractors: program service expenses 168,622. Management and general expenses 237,617. Fundraising expenses 12,507. Total expenses 418,746.”

“Return of donor funds -415,000.”