Green Dot Public Schools National

“There are no committees with broad authority to act on behalf of the governing body.”

“The Audit Committee of each of the Green Dot entities reviews and approves the Form 990. A copy of the Form 990 is provided to the Board of Directors for review and approval prior to filing.”

“Board members, officers and employees must self-report to the corporation that they have a disqualifying interest. Officials with a conflict must submit a written disclosure to their supervisor. Then the supervisor reassigns the task in which there is a conflict and forwards the conflict notice to the CEO. For Board members, they are required to disclose the conflict at the meeting where consideration of the proposed transition takes place. After the disclosure, the Board member leaves the meeting while the remaining Board members determine whether or not a conflict exists. This disclosure is included in the Board's meeting minutes. Furthermore, if the Board or the CEO has reason to believe that a fellow Board member or an employee in certain designated positions has failed to disclose a conflict of interest, the individual is informed of the belief and provided an opportunity to respond, followed by further investigation, if warranted. Thereafter, the Board or the CEO makes a determination and disciplinary and/or corrective actions are taken. Each year, directors and certain other officials are required to sign a disclosure of conflicts statement that affirms they: a) have received a copy of the corporation's Conflict of Interest Policy (the "Policy"); b) have read and understand the Policy; c) have agreed to comply with the Policy; and d) understand the corporation is charitable and, to maintain its federal tax exemption, the corporation must engage primarily in activities that accomplish one or more of its tax-exempt purposes. Certain employees designated with decision making authority are required to sign a similar statement upon commencing their position with the corporation.”

“The Board of Directors sets the compensation for the CEO on an annual basis using industry data. The CEO sets the compensation for the top management officials. Key employee compensation is set by a compensation committee comprised of the top management officials using comparability data.”

“Required documents are available on the organization's website and at the business address during normal business hours upon request.”

“Consultants: Program service expenses 1,741,965. Management and general expenses 86,773. Fundraising expenses 0. Total expenses 1,828,738.”