Cambridge Assessment Inc

“The organization currently has 5 directors who together form the board of directors which is the organization's governing body.”

“The organization has one member. The member is the chancellor, masters and scholars of the university of cambridge, a corporation established by prescription under english common law and confirmed by act of parliament.”

“As in bylaws section 2.8, nominations of persons for election to the board of directors of the corporation may be made at a meeting of members by or at the direction of the board of directors,by any nominating committee or person appointed by the board of directors or by any member of the corporation entitled to vote for the election of directors at the meeting.”

“The member of the corporation has the right to vote on any amendment to the certificate of incorporation; the adoption, amenedment, or repeal of the bylaws; and the dissolution of the corporation.”

“The form 990 is reviewed and filed by an independent public accounting firm with the assistance of the organization's staff. The tax return is reviewed by the finance director, one of the members of the governing body and the parent company's tax team prior to filing.”

“The organization regularly and consistently monitors the conflict of interest policy. Directors are required to disclose any outside interests through the annual reporting requirement.”

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

“Consultancy (indv.): program service expenses 616,900. Management and general expenses 0. Fundraising expenses 0. Total expenses 616,900. Educational consultants: program service expenses 536,315. Management and general expenses 0. Fundraising expenses 0. Total expenses 536,315. Market research: program service expenses 157,334. Management and general expenses 0. Fundraising expenses 0. Total expenses 157,334. Examiners fees and expenses: program service expenses 146,152. Management and general expenses 0. Fundraising expenses 0. Total expenses 146,152. Staff and office costs: program service expenses 111,232. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,232. Consultants expenses: program service expenses 110,537. Management and general expenses 0. Fundraising expenses 0. Total expenses 110,537.”

“Camla investment -4,406,066.”