The Oakland Public Education Fund

“The form 990 is prepared by an independent tax accountant in conjunction with the organization's finance and accounting department; the draft is then reviewed by the cfo, and adjustments made (as necessary). The complete form 990 is then distributed to the board of directors prior to filing with the internal revenue service.”

“The organization has a written conflict of interest policy, which covers all directors, officers, and key employees. The board of directors is responsible for monitoring and enforcing compliance with the policy. Covered individuals are required to disclose to the board of directors any financial interest which might give rise to a conflict of interest. A person who reports or is disclosed as having a conflict of interest shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.”

“The board of directors conducts a review of compensation for the executive director. This process consists of reviewing compensation data from the fair pay for northern california nonprofits survey, considering the following attributes: budget size, geographic location, number of employees managed, and overall responsibilities of the executive director. Compensation for the executive director is then based on the average of the 50th and 75th percentile of these comparable organizations. The executive director conducts a review of compensation for other officers and key employees. This process consists of reviewing the compensation data of similar employees from the fair pay for northern california nonprofits survey, considering the following attributes: budget size, geographic location, and number of employees. Compensation is determined utilizing an average of these similarly situated employees in comparable organizations.”

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

“Contract and professional services: program service expenses 2,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,400. Payroll fees: program service expenses 2,763. Management and general expenses 25,384. Fundraising expenses 0. Total expenses 28,147. Temporary help: program service expenses -6,512. Management and general expenses 28,052. Fundraising expenses 0. Total expenses 21,540. All other: program service expenses 3,088,738. Management and general expenses 822,359. Fundraising expenses 1,000. Total expenses 3,912,097.”