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.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Open to Public
Inspection
Name of the organization
CHILDREN'S FUNDING PROJECT
 
Employer identification number

84-3704279
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND OUTSOURCED ACCOUNTANT. AFTER REVIEW, A COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL DIRECTORS AND OFFICERS SHALL DISCLOSE IN WRITING: (I.) ANY ENTITY OF WHICH SUCH PERSON OR A RELATIVE OF SUCH PERSON IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OWNER, OR EMPLOYEE AND WITH WHICH THE CORPORATION HAS A RELATIONSHIP; (II.) ANY FINANCIAL INTEREST SUCH PERSON MAY HAVE IN ANY CORPORATION, ORGANIZATION, PARTNERSHIP, OR OTHER ENTITY WHICH PROVIDES PROFESSIONAL OR OTHER GOODS OR SERVICES TO CORPORATION FOR A FEE OR OTHER COMPENSATION, AND (III.) ANY POSITION OR OTHER MATERIAL RELATIONSHIP SUCH DIRECTOR, OFFICER, KEY EMPLOYEE, OR RELATIVE OF SUCH PERSON, MAY HAVE WITH ANY NOT-FOR-PROFIT CORPORATION WITH WHICH THE CORPORATION HAS A BUSINESS RELATIONSHIP. WHENEVER A DIRECTOR OR OFFICER HAS AN ACTUAL OR APPARENT FINANCIAL OR PERSONAL INTEREST IN ANY MATTER COMING BEFORE THE BOARD OF DIRECTORS, THE AFFECTED PERSON SHALL A) FULLY DISCLOSE THE NATURE OF THE INTEREST AND B) WITHDRAW FROM DISCUSSION, LOBBYING, AND VOTING ON THE MATTER, EXCEPT TO THE EXTENT THE BOARD OR A COMMITTEE THEREOF REQUESTS INFORMATION FROM THE DIRECTOR. ANY TRANSACTION OR VOTE INVOLVING A POTENTIAL CONFLICT OF INTEREST SHALL BE APPROVED ONLY WHEN A MAJORITY OF DISINTERESTED DIRECTORS DETERMINE THAT IT IS IN THE BEST INTEREST OF THE CORPORATION TO DO SO. THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN SHALL RECORD SUCH DISCLOSURE, ABSTENTION AND RATIONALE FOR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE CHIEF EXECUTIVE OFFICER IS DETERMINED BY THE BOARD OF DIRECTORS OR OTHER AUTHORIZED BOARD COMMITTEE AND IS BASED ON COMPARABILITY DATA WHICH MAY INCLUDE, BUT NOT LIMITED TO (1) COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH EXEMPT AND NON-EXEMPT; (2) THE AVAILABILITY OF SIMILAR SERVICES WITHIN THE SAME GEOGRAPHIC AREA; (3) CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; AND (4) WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SAME PERSON'S SERVICES. PERIODIC REVIEWS ARE THEN PERFORMED TO DETERMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE, BASED ON COMPETENT SURVEY INFORMATION.
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 CONSULTANTS: PROGRAM SERVICE EXPENSES 927,602. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 927,602. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 58,121. FUNDRAISING EXPENSES 4,809. TOTAL EXPENSES 62,930.
FORM 990, PART V, LINE 2A: CHILDREN'S FUNDING PROJECT LEASES EMPLOYEES FROM A PROFESSIONAL EMPLOYMENT ORGANIZATION, JUSTWORKS EMPLOYMENT GROUP LLC. THE EMPLOYEES ARE CONSIDERED COMMON LAW EMPLOYEES OF CHILDREN'S FUNDING PROJECT, HOWEVER, JUSTWORKS EMPLOYMENT GROUP LLC IS THE EMPLOYER OF RECORD AND EMPLOYEES GET THEIR W2S FROM JUSTWORKS EMPLOYMENT GROUP LLC.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2023


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