The Institute for Educational Advancement

“Form 990 prepared by independent accountant. Form 990 was reviewed and approved by the audit committee, consisting of three board members, before filing. The organization emailed each member of the governing body the organization's final form 990 prior to its filing with the irs.”

“The institute's board of directors has a conflict of interest policy to ensure that board actions are free from any actual or appearance of conflict of interest. The board chair shall determine whether an actual conflict of interest exists. A director who is involved in a potential conflict of interest is not allowed to vote on any matters related to the conflict of interest.”

“The compensation committee, a subset of the iea board of directors, has general oversight of the organization's human resource plan. The committee meets independent of the president to discuss performance relative to the position description and the established goals. Comparable salary surveys are reviewed at a minimum of every three years to benchmark compensation for the position. The committee presents its findings and recommendations, in an executive session, without the president present, to the board for review and approval. The committee and/or the board chair then meet with the president to discuss and document strengths, weaknesses, and goals for the upcoming year.”

“The organization's governing documents, conflict of interest policy, form 990 and financial statements are available to the public upon request.”

“Consultants: program service expenses 108,330. Management and general expenses 19,000. Fundraising expenses 18,000. Total expenses 145,330. Honorariums: program service expenses 22,270. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,270. Employee development: program service expenses 219. Management and general expenses 0. Fundraising expenses 100. Total expenses 319. Adp lease employee fees: program service expenses 116,814. Management and general expenses 9,834. Fundraising expenses 10,770. Total expenses 137,418.”