Edvance

“The controller gathers and provides the 990 information to the tax accountant for preparing the form 990. The first draft of the 990 is reviewed by the controller. Then, the second draft of the 990 is reviewed by cfo and ceo prior to being distributed to the board of directors for their review and approval prior to submitting to the irs.”

“New officers, board members, key employees and staff are provided the written conflict of interest policy and must sign a document firming that they have read, understood, and agree to comply with the policy. All officers, board members and key employees are also required to update the document annually, and the policy is periodically reviewed at board meetings, to determine if any conflicts exist.”

“The board of directors uses the following process in its annual review of the performance and compensation of the chief executive: i. Compilation of information on compensation packages offered at similar organizations in the marketplace. Ii. In closed session without the chief executive present, discussion of the value to the organization of the chief executive, including performance versus goals. Iii. Meet with the chief executive to discuss performance and compensation expectations. Iv. Determination of compensation and goals. V. Meet with chief executive to discuss and document performance, goals, and compensation for upcoming year.”

“Information regarding the organization's financials are available upon request through the submission of a public records request.”

“All governing documents, policies, and financial statements required to be made available to the public are available on request and to be posted on the organization's website.”

“Instructional/curriculum designers: program service expenses 48,500. Management and general expenses 0. Fundraising expenses 0. Total expenses 48,500. Planning and strategic consulting : program service expenses 40,175. Management and general expenses 0. Fundraising expenses 0. Total expenses 40,175. Other consulting fees : program service expenses 9,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,000.”

“The board of directors was provided and approved a draft of the audited financial statements.”