America'S Promise - the Alliance for Youth

“Board member, michael k. Powell, is the son of the chair, alma j. Powell.”

“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 members. 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 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 a 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 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 vice president, operations & finance.”

“Consulting: program service expenses 557,167. Management and general expenses 671,503. Fundraising expenses 0. Total expenses 1,228,670. Strategic communications: program service expenses 37,513. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,513. Editorial services: program service expenses 21,425. Management and general expenses 0. Fundraising expenses 2,493. Total expenses 23,918. Polling: program service expenses 36,575. Management and general expenses 0. Fundraising expenses 0. Total expenses 36,575. Graphic design: program service expenses 92,202. Management and general expenses 298. Fundraising expenses 5,720. Total expenses 98,220. Research: program service expenses 803,958. Management and general expenses 0. Fundraising expenses 0. Total expenses 803,958. Temporary: program service expenses 0. Management and general expenses 1,972. Fundraising expenses 0. Total expenses 1,972. Tv and video production: program service expenses 144,807. Management and general expenses 19. Fundraising expenses 0. Total expenses 144,826. Evaluation: program service expenses 99,873. Management and general expenses 0. Fundraising expenses 0. Total expenses 99,873. Photography: program service expenses 14,305. Management and general expenses 538. Fundraising expenses 3,000. Total expenses 17,843. Media relations: program service expenses 87,170. Management and general expenses 0. Fundraising expenses 0. Total expenses 87,170.”

“Loss on uncollectible pledges receivable -200,000.”

“The process has not changed in the current year.”