Careerwise Colorado

“Two board members are married to each other.”

“The 990 is reviewed by the careerwise ceo and sr. Director of accounting and finance, then distributed to the finance committee and board of directors for review before filing.”

“Each board member signs a conflict of interest statement annually. The governance committee regularly and consistently monitors and enforces compliance with this policy. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the interest and be given the opportunity to disclose all material facts to the board. Any board member may recuse him or herself at any time from involvement in any decision or discussion in which the board member believes he or she has or may have a conflict of interest.”

“Executive compensation is established by researching similar organizations and determining the appropriate compensation relative to these similar organizations. Such compensation is approved by the board and/or ceo and documented in the books of the organization.”

“An individual can submit a written request to the offices of the organization and they will be provided with a copy of the documents.”

“Careerwise's mission is to create opportunities for youth and businesses in colorado and across the country by developing and supporting an innovative, sustainable youth apprenticeship program. Through this business-led, student-centered model, careerwise brings together public and private stakeholders to ensure that students have access to the skills and knowledge they need for financial and academic success, and that businesses have access to highly trained talent.”

“Professional fees: program service expenses 370,443. Management and general expenses 51,951. Total expenses 422,394. Consulting fees: program service expenses 375,280. Management and general expenses 8,220. Total expenses 383,500. Payroll processing, audit, and tax fees: program service expenses 27,333. Management and general expenses 22,275. Fundraising expenses 1,975. Total expenses 51,583.”

“The finance committee selects an independent auditor to perform the annual audit. The financials are distributed to the finance committee and board of directors for review. The process has not changed from the prior year.”