See Forever Foundation

“The director of finance reviews the draft 990 with the ceo, addressing all questions the ceo may have and making any necessary changes. The ceo then distributes the updated draft to the treasurer, addressing all questions the treasurer may have and making any necessary changes. The ceo then distributes the final draft via email with a notice that they are to respond to the treasurer with any question/comments within five business days. Once the five days have expired and all questions have been fully addressed by the treasurer, the ceo and/or the director of finance, the treasurer then notifies the director of finance via email that the 990 is ready to file.”

“Each member of the board shall annually sign a statement which affirms that such person: a. Has received a copy of the conflict of interest policy b. Has read and understands the policy c. Has agreed to comply with the policy, and d. Understands the corporation is a charitable organization and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish on or more of its tax-exempt purposes. The conflict of interest policy is constantly monitored by the ceo, assistant to the ceo, the director of finance, and the board of directors through review and approval procedures. Annually board members and key staff complete a conflict of interest disclosure form identifying any relationships or circumstances which the board or staff member believes could contribute to a conflict of interest. An employee of the corporation with a potential conflict of interest in a particular matter shall promptly and fully disclose the potential conflict to his/her supervisor. The employee shall thereafter refrain from participating in deliberations and discussion, as well as any decisions, relating to the matter and follow the direction of the supervisor as to how the corporation decisions which are the subject of the conflict will be determined. The ceo shall be responsible for determining the proper way for the corporation to handle corporation decisions which involve unresolved employee conflicts of interest. In making such determinations, the ceo may consult with legal counsel.”

“Before approving the compensation of the ceo, the board shall determine that the total compensation to be provided by the corporation to the ceo is reasonable in amount in light of the position, responsibility and qualification of the officer for the position held, including the result of an evaluation of the officer's prior performance for the corporation, if applicable. In making the determination, the board shall consider total compensation to include the salary and the value of all benefits provided by the corporation to the individual in payment for services. At the time of the discussion and decision concerning the ceo's compensation, the ceo should not be present in the meeting. The board shall obtain and consider appropriate data concerning comparable compensation paid to similar officers in like circumstances. The board shall set forth the basis for its decisions with respect to compensation in the minutes of the meeting at which the decisions are made, including the conclusions of the evaluation and the basis for determining that the individual's compensation was reasonable in light of the evaluation and the comparability data.”

“The organization makes its governing documents, (bylaws and article of incorporation), conflict of interest policy, and financial statements available to the public upon request. The form 1023, application for exemption is made available on location of the organization. The form 990 is also available for public inspection on guidestar.”

“To create learning communities in lower income urban areas where all students, particularly those who have not succeeded in traditional schools, can reach their potential and prepare for college, career, and a lifetime of success. To further its mission, the foundation manages three schools: the maya angelou academy at new beginnings youth development center, the maya angelou public charter school (an alternative high school) and the maya angelou young adult learning center.”

“The see forever foundation was created to offer a holistic program to teens involved in the juvenile justice system. At that time, court-involved teens told the organization's co-founders that they wanted to earn money, learn marketable skills, and gain responsibility. When they returned to school, they also wanted to attend small classes with teachers who cared about them, and they wanted help making hard decisions. After several years of operations, the see forever foundation has refined its mission to create learning communities in lower income urban areas where all students, particularly those who have not succeeded in traditional schools, can reach their potential and prepare for college, career, and a lifetime of success. To further its mission, the foundations manages three schools: the maya angelou academy at new beginnings youth development center, the maya angelou public charter school (an alternative high school) and the maya angelou young adult learning center. The high school and the young adult learning center are both part of a single charter.”

“Interest rate swap valuation adjustment -52,595 loss from closure of business segment -309,750 total -362,345 the see forever foundation created the concept of establishing a landscaping business for the purpose of hiring and training graduates of its schools. The seeds for success landscaping and services, inc., was organized as a domestic for-profit benefits corporation within the district of columbia on june 19, 2017. This corporation does not have any members and the voting power has been assigned to a three-member board of directors. Based on the foundation's analysis, they have determined that a controlling financial interest does not exist, however they are able to exercise significant influence over the businesses operations and financial policies. The investment in the corporation is being accounted for under the equity method of valuation. The mission of this corporation is to provide customers with high-quality, professional lawn care and ground maintenance services; to build rewarding lives and promote positive change; and to improve technical and social skills of the charter school's students. On august 12, 2019, the see forever foundation voted to discontinue operations of the seeds for success landscaping and services, inc., and the foundation began the process of formally closing the corporation. Total funds invested in the corporation in the amount of 309,750 were expensed during the year ended june 30, 2019, as a discontinuation of a business.”