Corporation for Education

“The form 990 is prepared by an outside cpa firm and is initially reviewed by the cfo and ceo. Afterwards, it is submitted to the finance committee for further review and discussion. Subsequently, it is reviewed and approved by the board.”

“Management maintains valid conflict of interest policy.”

“The chairman of the board sent an offer letter to ceo/president indicating salary and benefits to be paid annually. Salary and benefits offered were compared with other like organizations.”

“Corporation for education network initiavies in california makes its form 1023, 990, governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Biig: program service expenses 1,955,870. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,955,870. Internet2 expenses: program service expenses 1,407,993. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,407,993. Consulting: program service expenses 583,758. Management and general expenses 229,691. Fundraising expenses 0. Total expenses 813,449. Administrative space: program service expenses 458,408. Management and general expenses 178,303. Fundraising expenses 0. Total expenses 636,711. Network operation expenses: program service expenses 542,409. Management and general expenses 0. Fundraising expenses 0. Total expenses 542,409. Other professional fees: program service expenses 0. Management and general expenses 525,895. Fundraising expenses 0. Total expenses 525,895. Isp expenses: program service expenses 461,702. Management and general expenses 0. Fundraising expenses 0. Total expenses 461,702. Tr-cps support: program service expenses 400,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 400,000. Ddos mitigation services: program service expenses 399,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 399,000. Supplies: program service expenses 136,513. Management and general expenses 127,245. Fundraising expenses 0. Total expenses 263,758. Contracted personnel: program service expenses 220,734. Management and general expenses 0. Fundraising expenses 0. Total expenses 220,734. Audit expense: program service expenses 0. Management and general expenses 216,000. Fundraising expenses 0. Total expenses 216,000. Recruitment: program service expenses 129,216. Management and general expenses 0. Fundraising expenses 0. Total expenses 129,216. Training: program service expenses 69,631. Management and general expenses 3,611. Fundraising expenses 0. Total expenses 73,242. Project development: program service expenses 27,000. Management and general expenses 18,183. Fundraising expenses 0. Total expenses 45,183. Taxes: program service expenses 15,961. Management and general expenses 0. Fundraising expenses 0. Total expenses 15,961. Kcsos: program service expenses 11,624. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,624. Meeting expenses: program service expenses 1,497. Management and general expenses 50. Fundraising expenses 0. Total expenses 1,547.”

“Book / tax difference nlr, llc -89,284.”

“Cenic has an audit committee which is responsible for reviewing the audit and selecting the outside auditor. In addition, cenic has a finance committee that reviews the quarterly and annual financial statements.”