Civic Intelligence

The Modern Classrooms Project Inc

990 • Fiscal year 2019 • EIN 82-5421304

Jan 01, 2019 to Dec 31, 2019 • Filed on Mar 18, 2020

15 14th Street SEWashington, DC 20003

(202) 750-1084

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

66th percentile

0.01x

Higher debt load relative to revenue than 66% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

96th percentile

75%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

85th percentile

$23,333

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

98th percentile

987%

Faster asset growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

98th percentile

423%

Faster revenue growth than 98% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$435,009

Up $394,985 (+987%) from 2018

Net Assets

Up

$429,789

Up $389,765 (+974%) from 2018

Liabilities

Up

$5,220

Up $5,220 from 2018

Revenue

Up

$472,066

Up $381,799 (+423%) from 2018

Expenses

Up

$118,606

Up $68,363 (+136%) from 2018

Net Income

Up

$353,460

Up $313,436 (+783%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2018: $40,024Liabilities 2018: $0Net Assets 2018: $40,0242018Assets 2019: $435,009Liabilities 2019: $5,220Net Assets 2019: $429,7892019Assets 2020: $1,050,664Liabilities 2020: $87,658Net Assets 2020: $963,0062020Assets 2021: $2,266,133Liabilities 2021: $384,884Net Assets 2021: $1,881,2492021Assets 2022: $5,458,403Liabilities 2022: $445,466Net Assets 2022: $5,012,9372022Assets 2023: $6,301,540Liabilities 2023: $474,047Net Assets 2023: $5,827,4932023Assets 2024: $8,251,792Liabilities 2024: $793,103Net Assets 2024: $7,458,6892024Assets 2025: $11,268,387Liabilities 2025: $1,307,517Net Assets 2025: $9,960,8702025

Highlighted filing

2019

Assets$435,009
Liabilities$5,220
Net Assets$429,789

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0Revenue 2018: $90,267Expenses 2018: $50,243Net Income 2018: $40,0242018Revenue 2019: $472,066Expenses 2019: $118,606Net Income 2019: $353,4602019Revenue 2020: $1,163,712Expenses 2020: $630,495Net Income 2020: $533,2172020Revenue 2021: $3,061,569Expenses 2021: $2,143,326Net Income 2021: $918,2432021Revenue 2022: $7,754,867Expenses 2022: $4,623,179Net Income 2022: $3,131,6882022Revenue 2023: $7,059,682Expenses 2023: $6,246,819Net Income 2023: $812,8632023Revenue 2024: $12,439,198Expenses 2024: $10,850,268Net Income 2024: $1,588,9302024Revenue 2025: $13,826,909Expenses 2025: $11,328,885Net Income 2025: $2,498,0242025

Highlighted filing

2019

Revenue$472,066
Expenses$118,606
Net Income$353,460
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Mar 18, 2020
Return Version
2019v5.0
Gross Receipts
$472,066
Mission and Program Overview

Mission

The modern classrooms project empowers educators to build classrooms that respond to every student's needs

The modern classrooms project equips and empowers educators to create blended, self-paced, mastery-based classrooms in which all students, regardless of background, truly learn. Through an intensive one-year fellowship program, on-demand workshops, and an innovative online course, the modern classrooms project works to ensure that any teacher can leverage technology to provide better learning experiences to students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$35,726$194,049▲ $158,323
Pledges and Grants Receivable$4,298$181,534▲ $177,236
Prepaid Expenses and Deferred Charges-$34,416-
Land, Buildings, and Equipment, Net$32,690$23,349▼ $9,341
Intangible Assets$1,467$1,366▼ $101
Accounts Receivable$2,148$295▼ $1,853
Total Assets$76,329$435,009▲ $358,680
Liabilities
Accounts Payable and Accrued Expenses-$4,020-
Deferred Revenue-$1,200-
Total Liabilities$0$5,220▲ $5,220
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$76,329$352,988▲ $276,659
Net Assets With Donor Restrictions-$76,801-
Total Net Assets Fund Balance$76,329$429,789▲ $353,460
Total Liabilities and Net Assets / Fund Balance$76,329$435,009▲ $358,680

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$23,349$14,011$37,360
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kareem FarahExecutive DiFT$23,333$23,333
Robert Barnett - ChiefOperating ofPT$11,667$11,667

Board Members and Trustees

NameTitle
Rod NazemiChairman
Arman Gokgol KlineDirector
Doug BunchDirector
George FarahDirector
Jacquelyn FlowersDirector
Justin ElghanayanDirector
Laura McginleyDirector
Ned MandelDirector
Roger ShermanDirector
Samantha LiapesDirector
Shawna DixDirector
Muna ShamiSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$446,776
Program Service Revenue
$25,290
Investment Income
$0
Other Revenue
$0
All Other Contributions
$446,776
Change in Net Assets
$353,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$80,664
Salaries, Compensation, and Employee Benefits$37,942
Total Fundraising Expense$5,519
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$47,224--$47,224
Current Officers, Directors, Trustees, and Key Employees$25,667$5,133$4,200$35,000
Depreciation Depletion$9,341$100-$9,441
Payroll Taxes$2,087$417$342$2,846
Information Technology$305$968-$1,273
Office Expenses$127$27$556$710
Other Expenses$420$132$410$420
Other Employee Benefits$70$15$11$96
Advertising$75--$75
Insurance-$52-$52
Total Functional Expenses$106,243$6,844$5,519$118,606
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Kareem farah george farah ed director family - brother

Form 990, Page 6, Part VI, Line 11B

The organization has established a finance committee which is composed of 5 members of the board of directors. The duties and responsibility of the finance committee include the independent audit report review function and the form 990 review. Specifically, the form 990 is provided electronically to all finance committee members, and to any other board members upon request. Board members forward any comments or questions directly to the organization's coo prior to filing.

Form 990, Page 6, Part VI, Line 12C

Consistent with the organization's conflict of interest policy, the organization's chief operating officer will monitor proposed or ongoing conflicts of interest and disclose them to the finance committee. After consultation with the finance committee, the chief operating officer shall determine whether a material conflict exists, and in the case of a material conflict, whether the contemplated transaction may be authorized as being necessary for a compelling reason, just, fair, and reasonable to the organization. The chief operating officer will present his determination to the executive director, who will have final responsibility for making this decision, in the interests of the welfare of the organization and the advancement of its purpose. The chief operating officer will provide an annual update to the board of directors on conflict-of-interest disclosures.

Form 990, Page 6, Part VI, Line 15A

The process of determining and approving the compensation of the organization's top management officials included 1) review and approval by the board of directors, 2) use of data as comparable comparison, and 3) contemporaneous documentation and recordkeeping. 1)review and approval. The compensation of top management officials was reviewed and approved by the entire board of directors at the organization's annual meeting. Any persons with conflicts of interest left the room while compensation was reviewed and approved. 2)use of data as to comparable compensation. In making its decisions about compensation, the board of directors used data as to comparable compensation for similarly situated and qualified individuals in functionally comparable positions at similarly situated organizations. For the 2019 fiscal year, four distinct similarly situated organizations were considered. 3)contemporaneous documentation and recordkeeping. There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding executive compensation, including but not limited to the meeting minutes for the board's annual meeting.

Form 990, Page 6, Part VI, Line 19

The organization's most recent financial statements and form 990 (with donors names omitted) are made available on the organization's website. All prior financial statements, governing documents, conflict of interest policy are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Modern Classrooms Project Inc
EIN
82-5421304
Phone
2027501084
Address
15 14TH STREET SE, WASHINGTON, DC 20003

Signing Officer

Name
Robert Barnett - Chief
Title
Operating Officer
Phone
2027501084
Signed
2020-03-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kareem Farah
Formed
2018
Legal Domicile
Dc
Voting Board Members
13
Independent Board Members
12
Employees
2
Volunteers
12

Preparer

Firm
Kendall Prebola and Jones LLC
Address
PO BOX 259, BEDFORD, PA 15522-0259
Preparer
Richard M Jones CPA
Phone
8146231880
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

The modern classrooms project: overview the modern classrooms project empowers educators to redesign their classrooms to support each student's learning. We offer in-person workshops and interactive online courses that help teachers implement our core, research-based practices: blended instruction: teachers create high-quality instructional videos to replace in-class lectures. This allows students to learn at their own paces, and frees up teachers to provide targeted individual and small-group support in class. Self-paced structures: teachers design self-paced classroom structures, which allow students to control their own learning while meeting essential learning objectives and deadlines. We focus in particular on strategies that teachers can use to motivate students and foster authentic student- student collaboration. Mastery-based grading: teachers build mastery-based assessments, which give students credit only when they've demonstrated full understanding of content and skills. In particular, we help teachers develop effective systems for revision, reassessment, and reflection on student work. All of our professional development is itself blended, self-paced, and mastery-based; this models the modern classroom environment and ensures that teachers' time is used efficiently and effectively. The modern classrooms project: program descriptions to equip and empower educators in washington, dc and beyond, we offer four programs: 1.the modern classroom fellowship: our flagship program, the modern classroom fellowship is a one-year fellowship program that equips and empowers educators in redesigning their classrooms to support every student's learning. We give fellows one week of intensive summer training, during which they create blended, self-paced, mastery-based coursework of their own, then support these fellows throughout the school year with individualized coaching and feedback. Fellows can teach any subject, at any grade level, in any school setting. In 2019, we trained 25 modern classroom fellows. 2.modern classroom workshops: upon request, we travel to interested schools and districts to provide on-site professional development to educators in those schools/districts. These workshops, which are fully customizable to meet the needs of each school partner, range from one to five days. All follow our blended, self-paced, mastery-based instructional model. In 2019, we gave workshops in north carolina and pennsylvania, and reached agreements to run workshops in new york and dc as well. 3.building modern classrooms online course: for teachers around the world, we've built an online training course that explains our models and gives educators the tools they need to implement it. The basic course is free; teachers who want additional support can pay for feedback or virtual coaching. In 2019, we trained over 200 teachers through this course. 4.consulting and curriculum design services: upon request, we also advise districts and schools on the planning and implementation of blended- learning initiatives.

Form 990, Part IX, Line 11G

Participant stipends 29,890 0 0 consultant research 17,334 0 0 total 47,224 0 0

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IRS990/Desc0THE MODERN CLASSROOMS PROJECT: OVERVIEW THE MODERN CLASSROOMS PROJECT EMPOWERS EDUCATORS TO REDESIGN THEIR CLASSROOMS TO SUPPORT EACH STUDENT'S LEARNING. WE OFFER IN-PERSON WORKSHOPS AND INTERACTIVE ONLINE COURSES THAT HELP TEACHERS IMPLEMENT OUR CORE, RESEARCH-BASED PRACTICES: BLENDED INSTRUCTION: TEACHERS CREATE HIGH-QUALITY INSTRUCTIONAL VIDEOS TO REPLACE IN-CLASS LECTURES. THIS ALLOWS STUDENTS TO LEARN AT THEIR OWN PACES, AND FREES UP TEACHERS TO PROVIDE TARGETED INDIVIDUAL AND SMALL-GROUP SUPPORT IN CLASS. SELF-PACED STRUCTURES: TEACHERS DESIGN SELF-PACED CLASSROOM STRUCTURES, WHICH ALLOW STUDENTS TO CONTROL THEIR OWN LEARNING WHILE MEETING ESSENTIAL LEARNING OBJECTIVES AND DEADLINES. WE FOCUS IN PARTICULAR ON STRATEGIES THAT TEACHERS CAN USE TO MOTIVATE STUDENTS AND FOSTER AUTHENTIC STUDENT- STUDENT COLLABORATION. MASTERY-BASED GRADING: TEACHERS BUILD MASTERY-BASED ASSESSMENTS, WHICH GIVE STUDENTS CREDIT ONLY WHEN THEY'VE DEMONSTRATED FULL UNDERSTANDING OF CONTENT AND SKILLS. IN PARTICULAR, WE HELP TEACHERS DEVELOP EFFECTIVE SYSTEMS FOR REVISION, REASSESSMENT, AND REFLECTION ON STUDENT WORK. ALL OF OUR PROFESSIONAL DEVELOPMENT IS ITSELF BLENDED, SELF-PACED, AND MASTERY-BASED; THIS MODELS THE MODERN CLASSROOM ENVIRONMENT AND ENSURES THAT TEACHERS' TIME IS USED EFFICIENTLY AND EFFECTIVELY. THE MODERN CLASSROOMS PROJECT: PROGRAM DESCRIPTIONS TO EQUIP AND EMPOWER EDUCATORS IN WASHINGTON, DC AND BEYOND, WE OFFER FOUR PROGRAMS: 1.THE MODERN CLASSROOM FELLOWSHIP: OUR FLAGSHIP PROGRAM, THE MODERN CLASSROOM FELLOWSHIP IS A ONE-YEAR FELLOWSHIP PROGRAM THAT EQUIPS AND EMPOWERS EDUCATORS IN REDESIGNING THEIR CLASSROOMS TO SUPPORT EVERY STUDENT'S LEARNING. WE GIVE FELLOWS ONE WEEK OF INTENSIVE SUMMER TRAINING, DURING WHICH THEY CREATE BLENDED, SELF-PACED, MASTERY-BASED COURSEWORK OF THEIR OWN, THEN SUPPORT THESE FELLOWS THROUGHOUT THE SCHOOL YEAR WITH INDIVIDUALIZED COACHING AND FEEDBACK. FELLOWS CAN TEACH ANY SUBJECT, AT ANY GRADE LEVEL, IN ANY SCHOOL SETTING. IN 2019, WE TRAINED 25 MODERN CLASSROOM FELLOWS. 2.MODERN CLASSROOM WORKSHOPS: UPON REQUEST, WE TRAVEL TO INTERESTED SCHOOLS AND DISTRICTS TO PROVIDE ON-SITE PROFESSIONAL DEVELOPMENT TO EDUCATORS IN THOSE SCHOOLS/DISTRICTS. THESE WORKSHOPS, WHICH ARE FULLY CUSTOMIZABLE TO MEET THE NEEDS OF EACH SCHOOL PARTNER, RANGE FROM ONE TO FIVE DAYS. ALL FOLLOW OUR BLENDED, SELF-PACED, MASTERY-BASED INSTRUCTIONAL MODEL. IN 2019, WE GAVE WORKSHOPS IN NORTH CAROLINA AND PENNSYLVANIA, AND REACHED AGREEMENTS TO RUN WORKSHOPS IN NEW YORK AND DC AS WELL. 3.BUILDING MODERN CLASSROOMS ONLINE COURSE: FOR TEACHERS AROUND THE WORLD, WE'VE BUILT AN ONLINE TRAINING COURSE THAT EXPLAINS OUR MODELS AND GIVES EDUCATORS THE TOOLS THEY NEED TO IMPLEMENT IT. THE BASIC COURSE IS FREE; TEACHERS WHO WANT ADDITIONAL SUPPORT CAN PAY FOR FEEDBACK OR VIRTUAL COACHING. IN 2019, WE TRAINED OVER 200 TEACHERS THROUGH THIS COURSE. 4.CONSULTING AND CURRICULUM DESIGN SERVICES: UPON REQUEST, WE ALSO ADVISE DISTRICTS AND SCHOOLS ON THE PLANNING AND IMPLEMENTATION OF BLENDED- LEARNING INITIATIVES.
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IRS990/Form990PartVIISectionAGrp/TitleTxt12EXECUTIVE DI
IRS990/Form990PartVIISectionAGrp/TitleTxt13OPERATING OF
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IRS990/MissionDesc0THE MODERN CLASSROOMS PROJECT EMPOWERS AND EQUIPS EDUCATORS TO CREATE BLENDED, SELF-PACED, MASTERY-BASED CLASSROOMS IN WHICH ALL STUDENTS, REGARDLESS OF BACKGROUND, CAN TRULY LEARN.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MODERN CLASSROOMS PROJECT: OVERVIEW THE MODERN CLASSROOMS PROJECT EMPOWERS EDUCATORS TO REDESIGN THEIR CLASSROOMS TO SUPPORT EACH STUDENT'S LEARNING. WE OFFER IN-PERSON WORKSHOPS AND INTERACTIVE ONLINE COURSES THAT HELP TEACHERS IMPLEMENT OUR CORE, RESEARCH-BASED PRACTICES: BLENDED INSTRUCTION: TEACHERS CREATE HIGH-QUALITY INSTRUCTIONAL VIDEOS TO REPLACE IN-CLASS LECTURES. THIS ALLOWS STUDENTS TO LEARN AT THEIR OWN PACES, AND FREES UP TEACHERS TO PROVIDE TARGETED INDIVIDUAL AND SMALL-GROUP SUPPORT IN CLASS. SELF-PACED STRUCTURES: TEACHERS DESIGN SELF-PACED CLASSROOM STRUCTURES, WHICH ALLOW STUDENTS TO CONTROL THEIR OWN LEARNING WHILE MEETING ESSENTIAL LEARNING OBJECTIVES AND DEADLINES. WE FOCUS IN PARTICULAR ON STRATEGIES THAT TEACHERS CAN USE TO MOTIVATE STUDENTS AND FOSTER AUTHENTIC STUDENT- STUDENT COLLABORATION. MASTERY-BASED GRADING: TEACHERS BUILD MASTERY-BASED ASSESSMENTS, WHICH GIVE STUDENTS CREDIT ONLY WHEN THEY'VE DEMONSTRATED FULL UNDERSTANDING OF CONTENT AND SKILLS. IN PARTICULAR, WE HELP TEACHERS DEVELOP EFFECTIVE SYSTEMS FOR REVISION, REASSESSMENT, AND REFLECTION ON STUDENT WORK. ALL OF OUR PROFESSIONAL DEVELOPMENT IS ITSELF BLENDED, SELF-PACED, AND MASTERY-BASED; THIS MODELS THE MODERN CLASSROOM ENVIRONMENT AND ENSURES THAT TEACHERS' TIME IS USED EFFICIENTLY AND EFFECTIVELY. THE MODERN CLASSROOMS PROJECT: PROGRAM DESCRIPTIONS TO EQUIP AND EMPOWER EDUCATORS IN WASHINGTON, DC AND BEYOND, WE OFFER FOUR PROGRAMS: 1.THE MODERN CLASSROOM FELLOWSHIP: OUR FLAGSHIP PROGRAM, THE MODERN CLASSROOM FELLOWSHIP IS A ONE-YEAR FELLOWSHIP PROGRAM THAT EQUIPS AND EMPOWERS EDUCATORS IN REDESIGNING THEIR CLASSROOMS TO SUPPORT EVERY STUDENT'S LEARNING. WE GIVE FELLOWS ONE WEEK OF INTENSIVE SUMMER TRAINING, DURING WHICH THEY CREATE BLENDED, SELF-PACED, MASTERY-BASED COURSEWORK OF THEIR OWN, THEN SUPPORT THESE FELLOWS THROUGHOUT THE SCHOOL YEAR WITH INDIVIDUALIZED COACHING AND FEEDBACK. FELLOWS CAN TEACH ANY SUBJECT, AT ANY GRADE LEVEL, IN ANY SCHOOL SETTING. IN 2019, WE TRAINED 25 MODERN CLASSROOM FELLOWS. 2.MODERN CLASSROOM WORKSHOPS: UPON REQUEST, WE TRAVEL TO INTERESTED SCHOOLS AND DISTRICTS TO PROVIDE ON-SITE PROFESSIONAL DEVELOPMENT TO EDUCATORS IN THOSE SCHOOLS/DISTRICTS. THESE WORKSHOPS, WHICH ARE FULLY CUSTOMIZABLE TO MEET THE NEEDS OF EACH SCHOOL PARTNER, RANGE FROM ONE TO FIVE DAYS. ALL FOLLOW OUR BLENDED, SELF-PACED, MASTERY-BASED INSTRUCTIONAL MODEL. IN 2019, WE GAVE WORKSHOPS IN NORTH CAROLINA AND PENNSYLVANIA, AND REACHED AGREEMENTS TO RUN WORKSHOPS IN NEW YORK AND DC AS WELL. 3.BUILDING MODERN CLASSROOMS ONLINE COURSE: FOR TEACHERS AROUND THE WORLD, WE'VE BUILT AN ONLINE TRAINING COURSE THAT EXPLAINS OUR MODELS AND GIVES EDUCATORS THE TOOLS THEY NEED TO IMPLEMENT IT. THE BASIC COURSE IS FREE; TEACHERS WHO WANT ADDITIONAL SUPPORT CAN PAY FOR FEEDBACK OR VIRTUAL COACHING. IN 2019, WE TRAINED OVER 200 TEACHERS THROUGH THIS COURSE. 4.CONSULTING AND CURRICULUM DESIGN SERVICES: UPON REQUEST, WE ALSO ADVISE DISTRICTS AND SCHOOLS ON THE PLANNING AND IMPLEMENTATION OF BLENDED- LEARNING INITIATIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1KAREEM FARAH GEORGE FARAH ED DIRECTOR FAMILY - BROTHER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS ESTABLISHED A FINANCE COMMITTEE WHICH IS COMPOSED OF 5 MEMBERS OF THE BOARD OF DIRECTORS. THE DUTIES AND RESPONSIBILITY OF THE FINANCE COMMITTEE INCLUDE THE INDEPENDENT AUDIT REPORT REVIEW FUNCTION AND THE FORM 990 REVIEW. SPECIFICALLY, THE FORM 990 IS PROVIDED ELECTRONICALLY TO ALL FINANCE COMMITTEE MEMBERS, AND TO ANY OTHER BOARD MEMBERS UPON REQUEST. BOARD MEMBERS FORWARD ANY COMMENTS OR QUESTIONS DIRECTLY TO THE ORGANIZATION'S COO PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONSISTENT WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, THE ORGANIZATION'S CHIEF OPERATING OFFICER WILL MONITOR PROPOSED OR ONGOING CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE FINANCE COMMITTEE. AFTER CONSULTATION WITH THE FINANCE COMMITTEE, THE CHIEF OPERATING OFFICER SHALL DETERMINE WHETHER A MATERIAL CONFLICT EXISTS, AND IN THE CASE OF A MATERIAL CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS BEING NECESSARY FOR A COMPELLING REASON, JUST, FAIR, AND REASONABLE TO THE ORGANIZATION. THE CHIEF OPERATING OFFICER WILL PRESENT HIS DETERMINATION TO THE EXECUTIVE DIRECTOR, WHO WILL HAVE FINAL RESPONSIBILITY FOR MAKING THIS DECISION, IN THE INTERESTS OF THE WELFARE OF THE ORGANIZATION AND THE ADVANCEMENT OF ITS PURPOSE. THE CHIEF OPERATING OFFICER WILL PROVIDE AN ANNUAL UPDATE TO THE BOARD OF DIRECTORS ON CONFLICT-OF-INTEREST DISCLOSURES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS OF DETERMINING AND APPROVING THE COMPENSATION OF THE ORGANIZATION'S TOP MANAGEMENT OFFICIALS INCLUDED 1) REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, 2) USE OF DATA AS COMPARABLE COMPARISON, AND 3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. 1)REVIEW AND APPROVAL. THE COMPENSATION OF TOP MANAGEMENT OFFICIALS WAS REVIEWED AND APPROVED BY THE ENTIRE BOARD OF DIRECTORS AT THE ORGANIZATION'S ANNUAL MEETING. ANY PERSONS WITH CONFLICTS OF INTEREST LEFT THE ROOM WHILE COMPENSATION WAS REVIEWED AND APPROVED. 2)USE OF DATA AS TO COMPARABLE COMPENSATION. IN MAKING ITS DECISIONS ABOUT COMPENSATION, THE BOARD OF DIRECTORS USED DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY SITUATED AND QUALIFIED INDIVIDUALS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. FOR THE 2019 FISCAL YEAR, FOUR DISTINCT SIMILARLY SITUATED ORGANIZATIONS WERE CONSIDERED. 3)CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING. THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING EXECUTIVE COMPENSATION, INCLUDING BUT NOT LIMITED TO THE MEETING MINUTES FOR THE BOARD'S ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S MOST RECENT FINANCIAL STATEMENTS AND FORM 990 (WITH DONORS NAMES OMITTED) ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE. ALL PRIOR FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PARTICIPANT STIPENDS 29,890 0 0 CONSULTANT RESEARCH 17,334 0 0 TOTAL 47,224 0 0
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ReturnHeader/FilingSecurityInformation/IPTm010:21:55

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