Child Inc.

“The form 990 is prepared externally by a cpa firm after consultation with the executive committee and management. Upon completion, the form 990 is reviewed by the chief financial officer and board of directors and reviewed and signed by the executive director per authority given by the executive committee.”

“For the executive director position, the executive committee specifically reviews and actively manages the process for hiring and maintaining the position. Included in the review is an analysis of the compensation for the position. The analysis considers the specifics of the job description, the unique needs of the organization, and comparative data for similar positions with other organizations. All phases of the review are documented contemporanously.”

“The governing documents of the organization are to a certain extent public record available through the texas secretary of state and on the organization's website. Beyond these documents, the conflict of interest policy, governing documents, and financial statements are released through specific request of the organization.”

“Aisd collaboration: program service expenses 1,344,771. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,344,771. Education: program service expenses 442,289. Management and general expenses 1,584. Fundraising expenses 0. Total expenses 443,873. Janitorial: program service expenses 252,791. Management and general expenses 57,016. Fundraising expenses 0. Total expenses 309,807. Temp agency services: program service expenses 224,843. Management and general expenses 18,830. Fundraising expenses 0. Total expenses 243,673. Medical: program service expenses 63,468. Management and general expenses 136. Fundraising expenses 0. Total expenses 63,604. Other fees: program service expenses 277,757. Management and general expenses 46,773. Fundraising expenses 0. Total expenses 324,530.”

“The oversight policy and selection of an independent accountant by the audit committee has not changed since prior year.”

“The organization provides its employees with a paid time off ("pto") benefit to manage time away from work for sick, vacation, and personal leave. This policy was revised effective may 2015 to reduce the number of pto hours employees are allowed to carry forward. Under the new policy, employees are allowed a maximum of no more than 240 hours of unused pto annually and the amount to be paid to employees who terminate employment with the organization is based on the employee's length of service and accrued pto balance at the time of departure. The change in policy resulted in an adjustment to the statement of functional expenses and related accrued compensated absenses balance.”