Education Quality Outcomes Standards Inc

“Organization's process to review form 990 the form 990 is reviewed by the organization's ceo and outside counsel. A copy of the return is provided to the board of directors for final review and approval prior to filing.”

“Any director, principal officer or member of a committee with governing board delegated powers, who has a direct or indirect financial interest is considered an interested person, subject to the organization's conflict of interest policy. Each director and officer shall periodically sign a statement that affirms such person: (a) has received a copy of the conflict of interest policy, (b) has read and understands the policy, (c) has agreed to comply with the policy, and (d) understands that eqos is a charitable organization and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its taxexempt purposes. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he or she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide whether a conflict exists, determine the appropriate procedure for evaluating the potential conflict of interest, and take any appropriate disciplinary and corrective action.”

“Governing documents disclosure explanation governing documents are available upon request.”

“Since 2005, student debt has increased 35% while earnings have decreased by 2%. Our higher education system needs improvements in quality assurance to drive better student outcomes. Postsecondary programs wishing to substantiate their outcomesbased claims will use the standards established by eqos. Quality assurance consultants will help providers set up protocols and processes to measure and report outcomes for their programs based on the standards set by eqos. Thirdparty auditors will validate the evidence and outcome metrics reported by the programs. This process will provide transparent and trustworthy data about student outcomes that students, families, states, rating entities and others can use to evaluate claims made by the postsecondary education programs. This in turn should drive industrywide innovation for student outcomes and accountability. In developing universal standards, eqos will focus on outcomes not inputs. Standards will be open and findings will be transparent. No one organization will have a monoploy on developing the standards. Students' opinions and evaluations of their experiences will be important. Constituents expected to benefit from a universal standards system including students, families, state and federal governments, ranking systems, ratings issuers and student financial aid issuers.”

“Contractor services: program service expenses 63,250. Management and general expenses 0. Fundraising expenses 0. Total expenses 63,250.”

“There is no change in the process from the prior year.”