Step Up for Students - Florida Inc.

“Form 990 is prepared by the fund's independent auditors after being reviewed by management, the full form 990 informational return is prov1ded to the board of directors for review and comment. The board of directors is also afforded the opportunity to ask questions with respect to the form 990 before the return is filed.”

“Step up for students ensures that the conflict of interest policy is adhered to with the following activities 1) regular education with the board of directors, officers and key staff each year, the policy is reviewed with the board of directors and the executive team. Each acknowledge their understanding and compliance by signing an annual compliance statement. 2) the cfo reviews each contract the organization enters. 3) finance staff and the president review all payments as they are made for possible conflicts.”

“The compensation committee of the board of directors reviews comparable compensation and benefits data of similar organizations. During fiscal year 2011, an independent compensation consulting firm conducted a full comparative study for each individual executive position and all non executive job grades. The committee uses this information, combined with the performance of the president, to recommend the presidents compensation package for approval of the full board. The full board approves the package.”

“Step up for students makes its governing documents, conflict of interest policy and financial statements available on its website, www.stepupforstudents.org. Printed copies are available by request for the same period of disclosure as set forth in irc section 6104(d).”

“Alabama opportunity scholarship fund (aosf) is a scholarship organization that awards scholarships to eligible, low-income students, to pay for private school tuition or transfer fees to a non-failing public school. Aosf empowers families to choose the school that best fits their child's unique educational needs. This program allows every alabama child an equal opportunity to quality education, which can only occur when educators and local communities are empowered to create diverse learning options and all parents are empowered to match their children to the learning option that best meets their needs.”

“Telephone: program service expenses 71,061. Management and general expenses 16,212. Fundraising expenses 33,108. Total expenses 120,381. Repairs and maintenance: program service expenses 77,284. Management and general expenses 16,861. Fundraising expenses 24,093. Total expenses 118,238. Contract services: program service expenses 62,916. Management and general expenses 29,003. Fundraising expenses 3,112. Total expenses 95,031. Parent teacher development: program service expenses 51,596. Management and general expenses 0. Fundraising expenses 0. Total expenses 51,596. Temporary labor: program service expenses 15,588. Management and general expenses 31,890. Fundraising expenses 0. Total expenses 47,478. Bank fees: program service expenses 38,204. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,204.”

“Permanent impairment on property -30,550. Donated services expense -544,475.”

“This process has not changed since the prior year.”