TY 2020 Form 990 Schedule O

efile Public Visual Render ObjectId: 202143009349302359 - Submission: 2021-10-27 TIN: 65-0828272

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Open to Public
Inspection

Name of the organization

ADOPT-A-CLASSROOM INC

Employer identification number

65-0828272

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 1	THE EXECUTIVE COMMITTEE HAS LIMITED AUTHORITY TO ACT BETWEEN FULL BOARD MEETINGS, AND MUST REPORT ANY SUCH ACTIONS TO THE FULL BOARD. NO BROAD DELEGATION OF AUTHORITY EXISTS.
FORM 990, PART VI, SECTION B, LINE 11B	THE FINANCE COMMITTEE REVIEWS THE 990 WHICH IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR FINAL APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12C	ALL BOARD MEMBERS AND KEY MANAGEMENT ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS. NO SUCH CONFLICTS OF INTEREST WERE FOUND TO EXIST IN THE MOST RECENT FISCAL YEAR. EXECUTIVE DIRECTOR FOLLOWS UP DIRECTLY WITH ANY BOARD MEMBERS WHO FAIL TO SUBMIT THEIR FORM TO ENSURE COMPLIANCE. ADOPT-A-CLASSROOM ASKS EACH EMPLOYEE AND BOARD MEMBER WHETHER THEY HAVE AN ACTUAL OR POSSIBLE CONFLICT AND TO DESCRIBE ANY RELATIONSHIPS, TRANSACTIONS, OR OTHER CIRCUMSTANCES THAT MAY RESULT IN A CONFLICT OF INTEREST. IF AN ACTUAL OR POSSIBLE CONFLICT ARISES, ADOPT-A-CLASSROOM REFERS SUCH MATTERS TO ITS OUTSIDE LEGAL COUNSEL FOR DETERMINATION, AND RELIES ON LEGAL COUNSEL TO DETERMINE WHETHER A CONFLICT EXISTS, AND WHAT RESTRICTIONS MAY APPLY TO THE RELATED PARTIES.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AT THE TIME OF HIRING AND APPROVED BY THE FULL BOARD. SUCH DECISIONS ARE MADE WITH REFERENCE TO EXTERNAL SALARY SURVEYS (PRIMARILY THE MOST RECENT EDITION OF THE MINNESOTA NONPROFIT SALARY AND BENEFIT SURVEY, PRODUCED BY THE MINNESOTA COUNCIL OF NONPROFITS). IN ADDITION, THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF ALL EXECUTIVES OF THE ORGANIZATION WHOSE TOTAL COMPENSATION EXCEEDS $100,000 PER YEAR AT LEAST ONCE EVERY 2 YEARS. THE MOST RECENT REVIEW WAS COMPLETED BY THE COMPENSATION COMMITTEE MAY 2021.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION'S BYLAWS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE THROUGH THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS ARE AVAILABLE UPON REQUEST.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 1

THE EXECUTIVE COMMITTEE HAS LIMITED AUTHORITY TO ACT BETWEEN FULL BOARD MEETINGS, AND MUST REPORT ANY SUCH ACTIONS TO THE FULL BOARD. NO BROAD DELEGATION OF AUTHORITY EXISTS.

FORM 990, PART VI, SECTION B, LINE 11B

THE FINANCE COMMITTEE REVIEWS THE 990 WHICH IS THEN PRESENTED TO THE FULL BOARD OF DIRECTORS FOR FINAL APPROVAL.

FORM 990, PART VI, SECTION B, LINE 12C

ALL BOARD MEMBERS AND KEY MANAGEMENT ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS. NO SUCH CONFLICTS OF INTEREST WERE FOUND TO EXIST IN THE MOST RECENT FISCAL YEAR. EXECUTIVE DIRECTOR FOLLOWS UP DIRECTLY WITH ANY BOARD MEMBERS WHO FAIL TO SUBMIT THEIR FORM TO ENSURE COMPLIANCE. ADOPT-A-CLASSROOM ASKS EACH EMPLOYEE AND BOARD MEMBER WHETHER THEY HAVE AN ACTUAL OR POSSIBLE CONFLICT AND TO DESCRIBE ANY RELATIONSHIPS, TRANSACTIONS, OR OTHER CIRCUMSTANCES THAT MAY RESULT IN A CONFLICT OF INTEREST. IF AN ACTUAL OR POSSIBLE CONFLICT ARISES, ADOPT-A-CLASSROOM REFERS SUCH MATTERS TO ITS OUTSIDE LEGAL COUNSEL FOR DETERMINATION, AND RELIES ON LEGAL COUNSEL TO DETERMINE WHETHER A CONFLICT EXISTS, AND WHAT RESTRICTIONS MAY APPLY TO THE RELATED PARTIES.

FORM 990, PART VI, SECTION B, LINE 15

COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS AT THE TIME OF HIRING AND APPROVED BY THE FULL BOARD. SUCH DECISIONS ARE MADE WITH REFERENCE TO EXTERNAL SALARY SURVEYS (PRIMARILY THE MOST RECENT EDITION OF THE MINNESOTA NONPROFIT SALARY AND BENEFIT SURVEY, PRODUCED BY THE MINNESOTA COUNCIL OF NONPROFITS). IN ADDITION, THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF ALL EXECUTIVES OF THE ORGANIZATION WHOSE TOTAL COMPENSATION EXCEEDS $100,000 PER YEAR AT LEAST ONCE EVERY 2 YEARS. THE MOST RECENT REVIEW WAS COMPLETED BY THE COMPENSATION COMMITTEE MAY 2021.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION'S BYLAWS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE THROUGH THE ORGANIZATION'S WEBSITE. THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS ARE AVAILABLE UPON REQUEST.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2020

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