Parent Encouragement Program Inc.

“The 990 was prepared by outside accountants and reviewed by pep's executive director and pep's finance committee of the board of directors, who then approved and forwarded the 990 to all pep board members for further review and comments before filing with the irs.”

“The conflict of interest policy is reviewed with new board members during board orientation, and the president reminds board members annually of their responsibility to disclose potential conflicts. When a board member is aware of a potential conflict in connection with a matter being discussed, that board member has an obligation to announce the potential conflict and recuse him or herself from voting on the matter. If such a potential conflict appears to exist but the board member has not announced it, another board member raises the matter with the chair of the meeting, and the chair inquires into the facts of the potential conflict and determines whether recusal is necessary and appropriate. The same conflict of interest policy applies to employees.”

“As part of its annual budget review process, the pep board of directors is presented with a detailed overview of all staff salaries, including the pep executive director's salary, and this includes any proposed salary increases. Over the past few years, the board has worked to ensure that all staff salaries fall between the 50% to 75% percentile of the maryland nonprofit salary market for their respective position, using market data produced by the organization maryland nonprofits, using their maryland nonprofit salary survey.”

“Pep's financial review, 990 forms and annual report are posted on our website. In addition, pep makes its financial review, conflict of interest policy, and governing documents available upon request. Review of the documents is free in our offices during normal office hours (public health conditions permitting), or by appointment, or can be copied, mailed or emailed for the cost of copying and postage.”

“As part of its annual budget review process, the pep board of directors is presented with a detailed overview of all staff salaries, including the pep executive director's salary, and this includes any proposed salary increases. Over the past few years, the board has worked to ensure that all staff salaries fall between the 50% to 75% percentile of the maryland nonprofit salary market for their respective position, using market data produced by the organization maryland nonprofits, using their maryland nonprofit salary survey.”

“Contract labor: program service expenses 162,884. Management and general expenses 1,628. Fundraising expenses 0. Total expenses 164,512. Payroll service fees: program service expenses 0. Management and general expenses 6,778. Fundraising expenses 0. Total expenses 6,778. Other professional fees: program service expenses 36,246. Management and general expenses 3,120. Fundraising expenses 0. Total expenses 39,366.”