Cocokids Inc

“The Form 990 will be sent to all board members via email, for their review.”

“Determining Whether a Conflict of Interest ExistsAfter disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.Procedures for Addressing the Conflict of Interesta. An interested person may make a presentation at the governing board or committeemeeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.b. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.c. After exercising due diligence, the governing board or committee will determine whether the Organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest.d. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organizations best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement in accordance with established board policies and procedures.”

“A Board committee reviews the compensation package of the Executive Director and presents to the full Board for approval.”

“Line 15aApproximately every three years, the Child Care Council does a compensation study, comparing its salaries to salaries of other non profits. Based on the findings of this study, salary ranges are set for all positions including the position of Executive Director.Annually the Board of Directors conducts a performance review of the Executive Director and determines what, if any, salary increase they wish to give the Executive Director staying within the predetermined salary range for the position.”

“These documents are posted on Guidestar.”

“OTHER PROGRAM SERVICES 4: Learning Institute & Other Programs: The Learning Institute at CocoKids provides parent and provider education through online and in-person classes, workshops, calls, and site visits in order to improve the quality of care and education for young children. We provided 3,955 provider trainings and provided technical assistance to providers 148,632 times. It organizes and conducts an annual Early Learning Conference that gives providers education and information on the newest trends and best practices in early childhood education. It supports the Foster Bridge Program by supporting Resource Families as they choose quality child care while supporting the child care providers with one on one coaching from a Trauma Informed Specialist. Total program expenses were $1,411,953”