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 contemporaneously.”

“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.”

“To provide a headstart/early headstart child centered family development program with the goal of long term benefits for the children, the family, and the community involved with our program through in-depth day-to-day involvement of both parents or someone else serving that role. Also helping parents understand how essential thier roles are and facilitating their meeting those responsibilities as an absolute necessity of the overall child development program.”

“Form 990 part ix, line 8-9 the organization provides its employees with 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 unsused 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.”

“Contract labor 923,165 317,864 0 professional services 3,055,330 78,077 0 total 3,978,495 395,941 0”

“Expenses allocated to direct rental income 91,176 expenses allocated to direct rental properties -91,176”