New Generation Academy Inc

“All members are provided a copy of the 990 form and given 15 business days to review and comment. At the end of the comment period, if comments have been made, all comments are examined and acted upon as necessary. If no comments have been made, this is also noted and forms are filed according to IRS protocols. Once filed, the final forms are accessible to all key stakeholders.”

“All officers are required to sign a consent that they have received the conflict of interest policy and will abide by its terms. A compliance check is done once per year to ensure that officers are adhering to the terms of the policy. If a violation of the protocols is discovered, the officer is given a written notice of said violation(s) and the steps to remedy along with a time period in which corrective action must be accomplished. At no more than 10 business days after the agreed upon corrective period has been completed, a follow-up check is made to ensure the problematic issues have been addressed and the appropriate action(s) have been taken. If not, officer is given a written warning of consequences including expulsion from their position and potentially the organization.”

“The board for New Generation Academy creates a compensation committee to exam compensation every two years to exam salaries and to ensure equitable compensation. This process focuses on the positions of Executive Director and Director. The last compensation review was completed at the beginning of the 2020/2021 fiscal year. The committee establishes a peer group of like executives within the industry and looks a organizations with comparable gross revenues. Benchmarks are established at the 50th, 75th and 90th percentile of compensation. Based on a number of factors, including market conditions/economic climate, officers' pay are determined and established against these benchmarks.”

“New Generation Academy made its governing documents, conflict of interest policy, and financial statements available to the public by request. In our registration packet and correspondences to the general public we inform said parties that these documents are available via a written request (this includes an email request to our office). Once we receive the request we respond with the documents within 7 business days from the date the request is received in our office.”