America'S Promise - the Alliance for Youth

“Board member, michael k. Powell, is the son of the chair, alma j. Powell. 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 prior to filing. A copy of the form 990 is provided to the committee and a conference call is held to discuss the form prior to filing the return. After review and approval of the form 990 by the audit & finance committee, the form 990 is made available to the full board of directors via the america's promise alliance board of directors website prior to filing. The 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's 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 presdient & 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 a salary compensation survey based on at least three independent surveys. The 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 president and ceo and executive leadership based on the survey data. The decision is documented in the minutes of the audit & finance committee.”

“Governing documents, conflict of interest policy, and financial statements are available upon request to the vice president, operations & finance.”

“Consulting: program service expenses 557,817. Management and general expenses 623,024. Fundraising expenses 26,904. Total expenses 1,207,745. Strategic communications: program service expenses 25,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 25,000. Editorial services: program service expenses 27,306. Management and general expenses 0. Fundraising expenses 7,075. Total expenses 34,381. Graphic design: program service expenses 208,782. Management and general expenses 298. Fundraising expenses 8,273. Total expenses 217,353. Research: program service expenses 569,314. Management and general expenses 0. Fundraising expenses 0. Total expenses 569,314. Tv and video production: program service expenses 13,749. Management and general expenses 0. Fundraising expenses 33,462. Total expenses 47,211. Evaluation: program service expenses 152,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 152,500. Photography: program service expenses 6,724. Management and general expenses 0. Fundraising expenses 1,800. Total expenses 8,524. Media relations: program service expenses 64,347. Management and general expenses 0. Fundraising expenses 545. Total expenses 64,892.”

“Return of grant funds -50,000.”

“America's promise alliance has entered into a cost-sharing agreement with first focus campaign for children, inc. (first focus) 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 first focus will not be disclosed on schedule r as a related tax-exempt entity.”