America'S Promise - the Alliance for Youth

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

“In june 2017, after a thorough review with apa counsel, the board of directors revised its bylaws to reflect current governance best practices. The revised bylaws for 2017 updated our policies on term limits, the composition of the executive committee and the board's relationship the apa trustees, an advisory body to the president and board.”

“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 board members. If a conflict were identified, it would be reported to the president, who would in turn notify 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 its executive committee 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 a 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 chief financial officer.”

“Consulting: program service expenses 530,958. Management and general expenses 713,639. Fundraising expenses 0. Total expenses 1,244,597. Strategic communications: program service expenses 269,738. Management and general expenses 0. Fundraising expenses 0. Total expenses 269,738. Editorial services: program service expenses 24,816. Management and general expenses 0. Fundraising expenses 0. Total expenses 24,816. Graphic design: program service expenses 27,875. Management and general expenses 0. Fundraising expenses 1,900. Total expenses 29,775. Research: program service expenses 567,289. Management and general expenses 0. Fundraising expenses 0. Total expenses 567,289. Tv and video production: program service expenses 80,427. Management and general expenses 0. Fundraising expenses 0. Total expenses 80,427. Printed materials: program service expenses 1,950. Management and general expenses 0. Fundraising expenses 79. Total expenses 2,029. Photography: program service expenses 15,033. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,033. Media relations: program service expenses 57,557. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,557.”

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