The Reset Foundation

“The Form 990 is reviewed by the Staff Accounting Manager and the treasurer of the organization before finalizing and filing the return. All other board members are also provided a copy of the final return prior to filing.”

“Proposed compensation for each candidate is determined based on compensation comparables, internal benchmarks and individual experience. Compensation comparables are determined through peer compensation studies and other publicly available data. Compensation is reviewed and approved by the hiring manager and senior leadership of the organization. For officers of the organization, the board of directors determines compensation.”

“The organization does not make its governing documents, conflict of interest policy, and financial statements available to the public.”

“Reset's residential program, launched in the summer of 2016, offers an alternative to incarceration for courtinvolved young men between the ages of 18 to 24. It currently serves young men who have been referred by the Alameda and San Francisco County courts, and provides them with housing, transportation, case management, academic, career, medical and mental health support, prosocial activities, and transitional aftercare upon graduation. These services are provided through its residential campus, which is comprised of a leased learning center and leased residential housing in the San Francisco Bay Area. By creating an experience entirely centered on education, career, wellness, and residential community, the program empowers courtinvolved young men to reset their life trajectories to envision and achieve futures of meaning, opportunity, and purpose thus enabling communities to break the cycle of poverty and incarceration and dramatically reducing recidivism.”

“In 2015, the organization was engaged in delivering a non-residential pilot program and a search for property site for its residential program. During 2016, the organization leased facilities for its learning center and residence, and commenced operations of its residential program.”

“Contract Services: Program service expenses 156,925. Management and general expenses 0. Fundraising expenses 0. Total expenses 156,925. Other Professional Services: Program service expenses 82,632. Management and general expenses 22,343. Fundraising expenses 17,768. Total expenses 122,743.”

“As noted in Form 990, Part III, Line 2, New Program Services, the Organization launched its new program during the summer of 2016. As such, its program-related expenses were significantly lower during the first half of the year than in the second half of the year.”