| Form 990, Part III, Line 1 - Organization's Mission |
NJ LEEP IS A COLLEGE ACCESS AND SUCCESS PROGRAM SERVING LOW-INCOME AND FIRST-GENERATION STUDENTS IN THE GREATER NEWARK AREA. OUR COLLEGE BOUND PROGRAM EMPOWERS STUDENTS WITH THE ACADEMIC AND SOCIAL-EMOTIONAL SKILLS TO SUCCEED IN COLLEGE AND BEYOND, THROUGH INTENSIVE AFTER-SCHOOL, SATURDAY, AND SUMMER PROGRAMMING. |
| Form 990, Part VI, Line 28 - Business or Family Relationships of Directors |
SINCE NJ LEEP MAKES USE OF VARIOUS LAW FIRMS AND CORPORATIONS IN BOTH ITS OPERATIONS AND BOARD MEMBER NOMINATION PROCESS, THERE ARE INSTANCES WHERE MEMBERS OF THESE LAW FIRMS AND CORPORATIONS MAY USE ONE ANOTHER FOR BUSINESS PURPOSES OUTSIDE OF THE ORGANIZATION'S OPERATIONS. CURRENTLY, ONE OF THE BOARD MEMBERS OWNS A CONSULTANT BUSINESS (ACCESS EDUCATIONAL ADVISORS), WHICH THE CLIENT CONTRACTS ON A RANGE OF CURRICULM-RELATED PROJECTS. |
| Form 990, Part VI, Line 11B - Form 990 Review Process |
THE Form 990 is prepared by a reputable CPA firm that specializes in tax exempt organizations . The 990 is prepared and IS provided to management. the draft is FIRST REVIEWED IN DETAIL BY THE MANAGING DIRECTOR OF OPERATIONS AND THE EXECUTIVE DIRECTOR AND ADVISES THE PREPARER firm AS TO ANY NEEDED CHANGES. AFTER ANY NECESSARY CHANGES ARE MADE, A DRAFT IS SENT FOR REVIEW TO THE BOARD AUDIT COMMITTEE, WHICH THEN MEETS TO DISCUSS THE DOCUMENT. AFTER INCORPORATING CHANGES RESULTING FROM THAT REVIEW, COPIES OF THE REVISED DRAFT 990 ARE PRESENTED TO THE BOARD OF TRUSTEES FOR REVIEW AND AN AUTHORIZATION VOTE. |
| Form 990, Part VI, Line 12C - Conflicts of Interest |
The conflict of interest policy is based on Article X of the Bylaws of the Organization, and the model policy promulgated by the Internal Revenue Service for charitable organizations and shall be interpreted in a manner consistent with that model policy. A COPY OF OUR CONFLICT OF INTEREST POLICY, ALONG WITH A CONFLICT OF INTEREST DISCLOSURE STATEMENT, IS FURNISHED TO EACH DIRECTOR OF THE Organization UPON UNDERTAKING THE DUTIES OF SUCH OFFICE, AND ANNUALLY THEREAFTER FOR THE TERM OF SUCH PERSON'S SERVICE TO THE ORGANIZATION. Each director discloses any conflicts and signs accordingly. Any conflicts of discussed at the board of directors level and discussions are formally documented in the board minutes. Any voting member who receives compensation is precluded from voting on matters pertaining to that members compensation. |
| Form 990, Part VI, Line 15 - Compensation |
The Executive Director's performance and compensation process is conducted by the Board. It starts with a 360 performance review process to gather input on his accomplishments, strengths and areas of development. From there, the Leadership Development Committee determines a rating ranging from does not meet expectations to exceeds expectations. The LDC reviews market data for the Executive Director role to develop a compensation recommendation. The recommendation is shared with the full board for discussion and a vote to confirm the new base salary and bonus. Generally speaking, if the Executive Director meets expectations, the bonus is 90-100% of target. If they exceed, the bonus range is 100-110% of target. |
| Form 990, Part VI, Line 19 - Availability of Information |
GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. |
Attach to Form 990 or 990-EZ.