Breakthrough Houston

“The 990 is reviewed and approved by the Finance Committee and then provided electronically to the Board of Directors prior to filing.”

“Board members are required to complete a questionnaire annually which discloses any potential conflicts of interest. The question of whether a Financial Interest gives rise to a Conflict of Interest shall, at the Chairman of the Board of Trustees' discretion, be referred to either the full Board or the Finance Committee. After disclosure of the Financial Interest and all material facts relating thereto, and after any discussion thereof, including the Interested Person's presentation to the Board or Finance Committee, the Interested person shall leave the Board meeting or Finance Committee meeting while the Financial Interest is discussed and voted upon. The remaining disinterested Board Trustees or Finance Committee members shall decide if a Conflict of Interest exists. An Interested person shall not be present in any meeting during any discussion of, and vote on , the Financial Interest transaction or arrangement that results in the potential or actual Conflict of Interest.”

“The Board of Directors evaluates the pay and performance of the Executive Director through comparability data and benchmarking against peer organizations.”

“All documents are available upon request.”

“OTHER PROGRAM SERVICES 4: BTH also provides intensive teacher training and classroom experience to college and high school Teaching Fellows and Teaching Assistants through the unique Breakthrough Instructional Training program. BTH is part of the national Breakthrough Collaborative that serves a network of 25 affiliates by providing program standards and resources, including curricula, evaluation tools, and teaching fellow recruitment. The expenses for this programming are not included in the Summer and School Year Programs”

“Transfer of cash balance from SJS - See Exempt Status stmt = $995928”

“For 22 years, Breakthrough Houston operated as a separate program of St. Johns School (SJS). Although SJS provided business office and facilities support for BTH, Breakthrough Houston personnel managed its programs and raised funds to support its mission. BTH originally had one site but expanded to three sites this past year. With this growth, Breakthrough Houston's governing body decided to become an independent corporation and separate from the SJS organization. In conjunction with the establishment as an independent organization, SJS transferred the balance of funds held by SJS on behalf of BTH. SJS transferred the cash balance of $995,928 during May 2019. BTH began independent operations on May 1, 2019. The financial amounts reflected in this Form 990 include the three month operating period from May 1 through July 31, 2019. In addition to recording the cash transfer as an increase in net assets, BTH also recorded the full amount of outstanding multi-year grants as contributions in this period in accordance with generally accepted accounting principles (GAAP).”