National State Teachers of the Year Inc.

“The board of directors reviewed the return prior to filing. No management and no legal counsel performed a review prior to the return being provided to the board of directors.”

“The nnstoy conflict of interest policy is discussed frequently. Covered individuals cannot vote on matters before the board when they have a conflict in the matter. Disinterested members must determine whether or not there are any suitable alternatives to potential transactions that cause conflict. If a covered person is found to be in violation of this policy, it may be cause for removal from the board of directors.”

“The board of directors did a comparability study to set ceo compensation and recorded deliberations in board and committee minutes. The staff are paid a competitive salary based on their duties. The board of directors has an evaluation committee and a compensation committee. The evaluation committee conducted interviews of staff, members, and funders in a structured process to provide a written and verbal evaluation of the performance of the ceo. The compensation committee used the evaluation and the compensation guidelines and outside research to set the appropriate compensation for the ceo.”

“Nnstoy makes its governing documents, conflict of interest policy, and financial statements available to the public upon request for the same period of disclosure as set forth in section 6104(d).”

“Other: program service expenses 2,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,600.”

“Office supplies: program service expenses 1,363. Management and general expenses 372. Fundraising expenses 0. Total expenses 1,735. Communications/blogging: program service expenses 0. Management and general expenses 1,500. Fundraising expenses 0. Total expenses 1,500. Payroll processing: program service expenses 0. Management and general expenses 885. Fundraising expenses 0. Total expenses 885. Other business expenses: program service expenses 500. Management and general expenses 25. Fundraising expenses 0. Total expenses 525. Donation processing expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses 450. Total expenses 450.”

“Increase net assets by recording property of computers and monitors 1,417.”

“The nnstoy form 990 for the tax year beginning july 1, 2018 and ending june 30, 2019 was amended to state the current address on line c; report the correct balances for part i, summary; correct the expense amounts and revenue amounts for part iii, statement of program service accomplishments; report the correct number of voting members for part vi, section a; state the current address of the person who possesses the nnstoy's books and records for part vi, section c; report the correct compensation amounts and list all board members for part vii; report the correct amounts and categories for part viii, statement of revenue; report correct amounts and categories for part ix, statement of functional expenses; correct balances and categories for part x, balance sheet; correct the contribution amount of schedule a, part ii; report the correct contribution amounts for schedule b, part i; report no grants to domestic individuals and remove schedule i; correct schedule j, part ii, compensation amount for megan allen.”