George W Clayton Trust

“The draft form 990 is initially reviewed by the chief financial officer upon receipt from the external auditors. Any edits or changes from the cfo are completed prior to sending the form 990 to the finance, investment, and real estate committee. The committee meets to review the 990 and gives approval to distribute it to the full governing board once all questions are answered. The form 990 is filed once the board of trustees has reviewed and approved the return.”

“Each board member and officer of the organization is required to complete the organization's conflict of interest form in writing annually in september. The board secretary ensures that the competed form is received from all and forwards the forms to the board chair for review. The board chair may bring any conflicts of interest to the attention of the full board to ensure all members are aware of and discuss any conflicts of interest. The forms are also provided to the organization's external auditors so that any conflicts may be disclosed in the notes to the annual audited financial report or in form 990 when appropriate. The conflict of interest form has been approved by the external auditors.”

“The responsibility for determining compensation for the organizations president/ceo is with the clayton early learning board of trustees. The governance committee of the board is responsible for the ceo's annual performance review and establishing compensation guidelines which are reviewed by the board of trustees. The organization's human resource office along with the board of trustees, authorizes market compensation studies using benchmarks and regional data at regularly scheduled intervals as determined by the board.”

“SAME AS 15B.”

“The clayton early learning governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“Form 990 - organization's mission (continued) we see these principles in action each and every day as they strengthen our community and our service to children, families, and educators we serve.”

“Clayton plays an integral role with advocating policy change for child care and early learning initiatives. We partner with other organizations in colorado to inform and promote effective and efficient early childhood education policies. We are proud to serve as subject matter experts on issues that impact children and families.”

“Accounting and audit services 0 67,998 0 contracts/consultants 2,086,673 514,392 45,657 payroll services 49,159 10,998 1,480 other 45,369 219,206 10,230 total 2,181,201 812,594 57,367”

“The board of trustees assumes the responsibility for oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior years.”