America'S Promise - the Alliance for Youth

“Michael k. Powell, board member, is the son of the founding chairman, retired general colin l. Powell, and alma j. Powell, chair person, who both serve on the board of directors. In addition, board member, james l. Barksdale is the spouse of board member, donna barksdale.”

“The america's promise alliance board of directors charges the audit & finance committee with reviewing the form 990. A copy of the draft form 990 is provided to the committee and a conference call is held to discuss the federal form 990. After review and approval of the draft form 990 by the audit & finance committee, the draft form 990 is made available to the full board of directors via the america's promise alliance board of directors website prior to filing with the internal revenue service. The federal form 990 remains available on the board of directors website throughout the year.”

“America's promise alliance reviews all contracts, agreements and employees for connections to the board member. If a conflict were identified, it would be reported to the president, who would in turn bring the conflict to the board of directors.”

“The full board of directors of america's promise endorses a compensation philosophy for the president/ceo. The compensation philosophy is the guiding framework for president/ceo compensation. The board looks to the executive committee of the board to make a specific determination of the president/ceo's compensation, including base salary, bonuses (if any), and other benefits. This determination is done in the context of the board's ceo compensation philosophy. The executive committee's consideration includes an assessment of the president/ceo's compensation in comparison to relevant universes of peer organizations, the performance of the president/ceo against objectives and other relevant factors. The executive committee of the board of directors reports to the full board of directors both its compensation decisions as well as a confirmation that this process was appropriately undertaken to make its determination. The audit and finance committee provides support to the executive committee by engaging an independent compensation consultant to conduct a peer review analysis from which recommendations are made. The audit & finance committee approves the use of an bi-annual salary compensation survey based on at least three independent surveys. The bi-annual survey, prepared by an independent compensation consultant, includes the position of president and ceo and executive leadership and is available to members of the executive committee. The audit committee, serving as the compensation committee, reviews and approves the compensation of the officers and key employees based on an annual report derived from at least three independent surveys prepared and presented to the audit and finance committee. The compensation committee approves the use of the survey data. The decision is documented in the minutes of the audit and finance/compensation committee.”

“Governing documents, conflict of interest policy, and financial statements are available upon request to the cfo & cao.”

“Consulting: program service expenses 590,992. Management and general expenses 162,611. Fundraising expenses 0. Total expenses 753,603. Strategic communications: program service expenses 22,450. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,450. Polling: program service expenses 105,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 105,500. Editorial services: program service expenses 51,938. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,938. Graphic design: program service expenses 83,206. Management and general expenses 0. Fundraising expenses 0. Total expenses 83,206. Temporary: program service expenses 400. Management and general expenses 7,734. Fundraising expenses 0. Total expenses 8,134. Research: program service expenses 468,143. Management and general expenses 0. Fundraising expenses 0. Total expenses 468,143. Tv and video production: program service expenses 54,590. Management and general expenses 0. Fundraising expenses 0. Total expenses 54,590. Evaluation: program service expenses 110,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 110,000. Printed materials: program service expenses 150. Management and general expenses 0. Fundraising expenses 0. Total expenses 150. Photography: program service expenses 20,482. Management and general expenses 0. Fundraising expenses 0. Total expenses 20,482. Media relations: program service expenses 1,315. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,315.”

“Form 990, part iv, line 34: america's promise alliance has entered into a cost-sharing agreement with first focus campaign for children (ffcc) that provides for sharing of personnel, administration and equipment costs. The two organizations function with a common mission and share common management, but operate as separate entities with separate boards of directors. Therefore, in accordance with the irs instructions ffcc will not be disclosed on schedule r as a related tax-exempt entity.”