Educationsuperhighway

“The form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review (with modifications where necessary), the final version of the tax return is provided to all members of the organization's voting body.”

“Members of the board of directors review all potential conflicts of interest at least annually. The president/ceo and all board members are required to disclose (in writing) potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organziation's policies and procedures.”

“Our ceo does not take a salary from our organization. The chief of staff proposes all initial salaries and salary adjustments based on benchmark data for all staff, and the ceo personally approves all adjustments. The board of directors receives quarterly reports of both actual expenses and budgeted personnel expenditures, which are reviewed at the corresponding board meetings.”

“All of the organization's governing documents, financial statements and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to www.guidestar.org (where it is available for viewing as an electronic copy) and are also available at the organization's office in san francisco, california (for a physical inspection).”

“Other professional services: program service expenses 22,167. Management and general expenses 1,056. Fundraising expenses 105. Total expenses 23,328. Program related contract services: program service expenses 549,677. Management and general expenses 0. Fundraising expenses 0. Total expenses 549,677. Payroll service fees: program service expenses 129,853. Management and general expenses 3,333. Fundraising expenses 0. Total expenses 133,186.”

“The process of overseeing the audit and selecting an independent accountant has not changed from the prior year.”