Alliance for Education

“The Form 990 is presented for review by Clark Nuber, the Form 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 31, 2015.”

“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.”

“Per the bylaws, the Executive Committee shall be composed of the officers of the corporation and such additional Directors as determined by the Board. The President shall be an ex-officio, non-voting member of the Committee. The Executive Committee shall provide guidance to the Board on all corporate matters not otherwise delgated to another commitee and shall exercise the full and complete authority of the Board except as set forth in comittee charters.”

“32 of the volunteers serve on the Board of Directors or as ex-officio members, 34 served on the Emeritus Board and 69 assisted at special events. (Total Volunteer Hours = 3,100)”

“Asset transfer to PSE for operations of SCAN project -14,557. Timing adjustment for 2013 Foster Award 47,000.”