Alliance for Education

“The 990 is presented for review by Clark Nuber, the 990 preparers, to the Finance and Audit Committee for its review. It is also emailed to all board members before it is filed with the IRS.”

“Board members review and affirm the conflict of interest policy on an annual basis. Each member is required to disclose any actual or possible conflict of interest and to present all material facts to the board or Executive Committee. After such a disclosure, the interested person shall leave the board or executive committee meeting. The remaining members shall discuss and vote whether a conflict of interest exists. If a conflict is determined to exist, the interested person may make a presentation at the board or Executive Committee meeting, but shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the conflict of interest. The chairperson of the board or Executive Committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement and after exercising due diligence, a determination shall be made by a majority vote of the disinterested directors on whether the transaction or arrangement is in the best interests of the alliance. Meeting minutes will record the names of persons who made disclosures or who were found to have actual or possible conflicts of interest, the nature of the financial interest, any action taken to determine the presence of a conflict of interest and the board or Executive Committee's decisions.”

“CEO and President: The Governance Committee of the Board of Directors is responsible for establishing goals and objectives relevant to the president's compensation and performance each year and for evaluating the president's performance annually in light of these goals and objectives. The Governance Committee utilizes the expertise of the Director of People programs at the greater Seattle Metropolitan Chamber of Commerce when determining compensation. CFO and VP-operations: The CEO is responsible for establishing goals and objectives relevant to compensation and performance for these positions. Performance and compensation are reviewed annually. The CEO utilizes the expertise of the Director of People programs at the greater Seattle Metropolitan Chamber of Commerce when determining compensation for these positions. Compensation reviews are done on an annual basis with the last review on March 15, 2013.”

“Audited financial statements, annual reports and form 990s for at least the past three years are made available on the organization's website. They are also available by request. Governing documents and conflict of interest policies are available upon request to the executive assistant.”

“The Executive Committee shall have and exercise the full power and authority of the Board in the management of the corporation, except that they shall have no authority to: (a) amend, alter or appeal the bylaws of the corporation; (b) elect, appoint or remove any director or officer of the corporation or any member of any standing committee set forth in the bylaws or any other committee established by the Board as a whole through resolution; (c) amend the Articles of Incorporation; (d) adopt a plan of merger or consolidation with another corporation; (e) authorize the sale, lease, or exchange of all or substantially all of the property and assets of the corporation not in the ordinary course of business; (f) authorize the voluntary dissolution of the corporation or revote proceedings thereof; (g) adopt a plan for the distribution of the assets of the corporation; or (h) amend, alter or repeal any resolution of the Board which by its terms provides that it shall not be amended, altered or repealed by a committee.”

“32 of the volunteers serve on the Board of Directors or as ex-officio members, 36 served on the Emeritus Board , 71 participated on Advisory Committees or Task Force Groups. 9 provided assistance for College Access and other programs, 6 supported development efforts and 50 assisted at special events. (Total Volunteer Hours = 2,500)”

“OSC Project Management: Program service expenses 113,300. Management and general expenses 0. Fundraising expenses 0. Total expenses 113,300. STR Services: Program service expenses 13,493. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,493. Affiliated School Contract Services: Program service expenses 82,515. Management and general expenses 0. Fundraising expenses 0. Total expenses 82,515. Payroll Services: Program service expenses 0. Management and general expenses 19,309. Fundraising expenses 0. Total expenses 19,309. Facilitation Services: Program service expenses 37,900. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,900. STR Partnerships - National: Program service expenses 50,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,000. Middle School Literacy Services: Program service expenses 64,538. Management and general expenses 0. Fundraising expenses 0. Total expenses 64,538. Confucius Institute of WA Services: Program service expenses 14,607. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,607. Staff Training: Program service expenses 3,368. Management and general expenses 1,322. Fundraising expenses 314. Total expenses 5,004. Other Professional Services: Program service expenses 46,681. Management and general expenses 8,157. Fundraising expenses 10,918. Total expenses 65,756. Interim Development Director: Program service expenses 0. Management and general expenses 0. Fundraising expenses 102,943. Total expenses 102,943.”

“Loss on uncollectible pledges -33,188.”