TY 2021 Form 990 Schedule O

efile Public Visual Render ObjectId: 202341329349306009 - Submission: 2023-05-12 TIN: 03-0503570

SCHEDULE O
(Form 990)

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

2021

Open to Public
Inspection

Name of the organization

The Leadership Academy Inc

Employer identification number

03-0503570

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B:	FORM 990 IS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE AND MANAGEMENT, INCLUDING THE CHIEF OPERATING OFFICER. FORM 990 IS THEN DISTRIBUTED TO THE BOARD FOR THEIR OPPORTUNITY TO REVIEW AND ASK QUESTIONS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
FORM 990, PART VI, SECTION B, LINE 12C:	KEY EMPLOYEES SUBMIT A CONFLICT OF INTEREST FORM TO HUMAN RESOURCES ANNUALLY AND UPON HIRE. BOARD MEMBERS AND OFFICERS SUBMIT A CONFLICT OF INTEREST FORM TO THE EXECUTIVE VICE PRESIDENT OF EXTERNAL AFFAIRS UPON APPOINTMENT OR HIRE AND ANNUALLY THEREAFTER.
FORM 990, PART VI, SECTION B, LINES 15A AND 15B:	A COMPENSATION REVIEW IS CONDUCTED BY A QUALIFIED INDEPENDENT CONSULTANT EVERY THREE YEARS WITH THE MOST RECENT REVIEW UNDERTAKEN IN NOVEMBER 2020. THIS REVIEW GUIDES THE ORGANIZATION IN SETTING SALARY RANGES FOR THE DIFFERENT POSITIONS IN THE ORGANIZATION. IN THE INTERVENING YEARS, THE REPORTING ORGANIZATION'S STAFF GATHERS COMPENSATION DATA THROUGH FORM 990'S OF SIMILAR ORGANIZATIONS AND PUBLICLY AVAILABLE SALARY SURVEYS WHICH SENIOR MANAGEMENT UTILIZES TO ASSESS WHETHER SALARY RANGES ARE STILL APPROPRIATE. THE COMPENSATION COMMITTEE (MEMBERS OF THE INDEPENDENT BOARD) ALSO REVIEWS MARKET DATA INFORMATION AND RECOMMENDS COMPENSATION OF THE CEO, OTHER OFFICERS AND KEY EMPLOYEES TO THE FULL BOARD FOR APPROVAL THROUGH THE ANNUAL BUDGET PROCESS WHERE APPROVAL WAS CONDUCTED IN AN EXECUTIVE SESSION OF THE BOARD. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION REQUIREMENT WAS MET THROUGH THE ORGANIZATION'S BOARD MINUTES AND THAT OF THE COMPENSATION COMMITTEE.
FORM 990, PART VI, SECTION C, LINE 19:	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990 PART IX LINE 11G	DESCRIPTION:ELLC FACILITATOR FEES TOTAL FEES:644828
FORM 990 PART IX LINE 11G	DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:1130663

Return Reference

Explanation

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

FORM 990 IS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE AND MANAGEMENT, INCLUDING THE CHIEF OPERATING OFFICER. FORM 990 IS THEN DISTRIBUTED TO THE BOARD FOR THEIR OPPORTUNITY TO REVIEW AND ASK QUESTIONS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.

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

KEY EMPLOYEES SUBMIT A CONFLICT OF INTEREST FORM TO HUMAN RESOURCES ANNUALLY AND UPON HIRE. BOARD MEMBERS AND OFFICERS SUBMIT A CONFLICT OF INTEREST FORM TO THE EXECUTIVE VICE PRESIDENT OF EXTERNAL AFFAIRS UPON APPOINTMENT OR HIRE AND ANNUALLY THEREAFTER.

FORM 990, PART VI, SECTION B, LINES 15A AND 15B:

A COMPENSATION REVIEW IS CONDUCTED BY A QUALIFIED INDEPENDENT CONSULTANT EVERY THREE YEARS WITH THE MOST RECENT REVIEW UNDERTAKEN IN NOVEMBER 2020. THIS REVIEW GUIDES THE ORGANIZATION IN SETTING SALARY RANGES FOR THE DIFFERENT POSITIONS IN THE ORGANIZATION. IN THE INTERVENING YEARS, THE REPORTING ORGANIZATION'S STAFF GATHERS COMPENSATION DATA THROUGH FORM 990'S OF SIMILAR ORGANIZATIONS AND PUBLICLY AVAILABLE SALARY SURVEYS WHICH SENIOR MANAGEMENT UTILIZES TO ASSESS WHETHER SALARY RANGES ARE STILL APPROPRIATE. THE COMPENSATION COMMITTEE (MEMBERS OF THE INDEPENDENT BOARD) ALSO REVIEWS MARKET DATA INFORMATION AND RECOMMENDS COMPENSATION OF THE CEO, OTHER OFFICERS AND KEY EMPLOYEES TO THE FULL BOARD FOR APPROVAL THROUGH THE ANNUAL BUDGET PROCESS WHERE APPROVAL WAS CONDUCTED IN AN EXECUTIVE SESSION OF THE BOARD. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION REQUIREMENT WAS MET THROUGH THE ORGANIZATION'S BOARD MINUTES AND THAT OF THE COMPENSATION COMMITTEE.

FORM 990, PART VI, SECTION C, LINE 19:

THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990 PART IX LINE 11G

DESCRIPTION:ELLC FACILITATOR FEES TOTAL FEES:644828

FORM 990 PART IX LINE 11G

DESCRIPTION:OTHER PROFESSIONAL FEES TOTAL FEES:1130663

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

Cat. No. 51056K

Schedule O (Form 990) 2021

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