Parentstogether Foundation

“The Foundation reimburses certain staffing costs to an unrelated organization based upon actual payroll costs. The unrelated paying organization files all required federal employment returns for those employees. The number of forms reported on the Foundation's 990 represent the numbers of forms it would have filed if employing these individuals directly in addition to the employment forms that it has filed directly. Similarly, all reimbursed payroll costs are reported for applicable individuals in Part VII, Section A and Part IX, lines 5-10.”

“There are currently no committees with authority to act on behalf of the Board.”

“The Director of Finance works with the external preparer to complete the 990. The Executive Director reviews the submission, and he then submits it to the Board Treasurer for final approval. A complete copy of the form is then provided to the full board prior to filing the 990 with the IRS.”

“On an annual basis, board members sign a document acknowledging that they received the conflict of interest policy and agree to comply with all of its terms.”

“The Foundation used the same process to determine compensation for Executive Director, Justin Ruben, who serves on the board and was compensated through the reimbursement arrangement described above, and Bethany Robertson, Chief Innovation Officer and President of the Board. 1) Staff prepared a Compensation Comparables memo for the Board of Directors which legal counsel reviewed and approved; this memo included analysis of compensation for similar positions in the individual's geographic area as well as relative compensation at peer organizations; 2) A Board Resolution was prepared for each individual's compensation, detailing the total compensation; 3) The Board of Directors (excluding the compensated director) voted on each individual's compensation package after reviewing the Compensation Comparables memo; 4) These documents were all filed in our corporate records.”

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

“Technical consulting: Program service expenses 81,372. Management and general expenses 0. Fundraising expenses 0. Total expenses 81,372. Content creation: Program service expenses 1,272. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,272. Customer discovery fee: Program service expenses 7,558. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,558. Temp agency support: Program service expenses 163. Management and general expenses 0. Fundraising expenses 0. Total expenses 163. Other professional fees: Program service expenses 1,658. Management and general expenses 1,413. Fundraising expenses 0. Total expenses 3,071.”

“The organization has a Committee that assumes responsibility for the review.”