Innovateedu Inc.

“Innovateedu, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is electronically sent to the board members of the organization for any comments. Any comments are then grouped, summarized and provided to the outside accountants. Each issue is documented and addressed until the return is finalized and approved for filing.”

“The organization shares its conflict of interest policy with board members, officers and key employees (if any) as part of their regular meetings. Annual affirmation of conflict of interest policy by board members and officers and by employees (via employee handbook). Officers, directors, and key employees (if any) are expected to declare if at any point a conflict of interest arises and are required to sign an annual conflict of interest disclosure form. If a potential conflict were to arise, the interested person shall excuse themselves from board discussion and abstain from voting on the potential conflict. Deliberation and decisions are documented in the minutes of the meeting.”

“For the executive director, the board reviews the salary and compensation package on an annual basis. This review includes benchmarking of the position relative to the organization's size, geographic location, and comparable nonprofits. This data is obtained through independent, third parties, and presented to the board during this annual review process. The board has the opportunity to discuss the compensation package recommendation, records their discussion through board meeting minutes, and authorizes the generation of a letter of agreement for the upcoming fiscal year. This letter is countersigned by a voting member of the board. This process last occured in 2018.”

“The form 990 is available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org, and the form 1023, as well as the financial statements, conflict of interest policy, articles of incorporation and bylaws are available upon written request of the organization at 230 ashland place, 19c, brooklyn, ny 11217, or by calling the organization directly (347) 593-8369.”

“The urban education fellowship worked on data interoperability in the kindergarden through 12th grade education field, supporting partner schools during their start-up phases, and developed cortex next generation learning platform.”

“The organization's board of directors is responsible for oversight of the audit and selection of the independent auditor.”