Alexandria Tutoring Consortium Inc

“A complete copy of this Form 990 was provided electronically to all members of the Board of Directors before filing. Directors were required to acknowledge electronically they had received and reviewed it.”

“All Board members and the Executive Director were required to and did complete a written Annual Conflict of Interest Statement in which they disclosed and financial interest they may have had with the organization, its staff members, or other Board members.”

“Compensation review was conducted for the Executive Director in 2024. The Treasurer of the Board of Directors collected compensation information for Executive Directors from the 990s of non-profit organizations in the area with revenue similar to ATC. The Treasurer forwarded that information to the Board's Executive Committee for discussion. The Executive Committee recommended a salary to the full Board of Directors which subsequently approved the expense as part of its adoption of the FY 2024-2025 budget. ATC does not have other officers or key employees who are compensated, so Part VI, Line 15b was marked "no."”

“ATC's governing documents, Conflict of Interest policy, and financial statements are available to the public during the tax year by request.”

“Until December 31, 2024, ATC had four employees: the Executive Director, Communications Director, and two Program Assistants, whose payroll was handled by the Old Presbyterian Meeting House (OPMH, EIN 54-0506422). ATC sent monthly payments to OPMH to cover these four employees' salaries and taxes. OPMH included the four positions on its Form W-3 and also in quarterly 941 forms, so Part 1, Line 5 and Part V, line 2a are "0" because ATC did not file a form W-3 in calendar year 2024.”

“Until December 31, 2024, ATC had four employees: the Executive Director, Communications Director, and two Program Assistants, whose payroll was handled by the Old Presbyterian Meeting House (OPMH, EIN 54-0506422). ATC sent monthly payments to OPMH to cover these four employees' salaries and taxes. OPMH included the four positions on its Form W-3 and also in quarterly 941 forms, so Part 1, Line 5 and Part V, line 2a are "0" because ATC did not file a form W-3 in calendar year 2024.”

“ATC paid 14 part-time contractors, all former teachers with literacy backgrounds, to run the tutoring programs in the schools, providing training, ongoing support and data-informed lesson plans. This line also includes expenses for translation services and a professionally prepared Financial Review.”

“ATC's policy is to prepare its financial statements on the modified cash basis of accounting. Modifications to the cash basis of accounting include recording cash purchases of investments in marketable securities as assets and adjusting the investments' carrying amounts to fair value.”