2021-03-26T08:19:22-05:00 2020-09-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2019-10-01 133850158 TNTP INC TNTP 7182332800 500 7TH AVENUE NEW YORK NY 10018 TONYA HORTON EXECUTIVE VICE PRESIDENT 7182332800 2021-03-26 1 EVA MRUK P00543254 2122862600 2021-03-05 2019 2022-09-23 18:48:47Z DANIEL WEISBERG 500 7TH AVENUE NEW YORK NY 10018 54723934 0 X WWW.TNTP.ORG X 1995 DE TNTP'S MISSION IS TO END THE INJUSTICE OF EDUCATIONAL INEQUALITY. SEE PART III FOR FULL MISSION. 10 10 762 10 0 0 26371815 27017977 29649855 27580366 234936 125591 0 0 56256606 54723934 150000 1292942 0 0 45560166 41222847 0 0 828847 14969384 9948282 60679550 52464071 -4422944 2259863 27009301 35871998 3682647 10329961 23326654 25542037 TNTP'S MISSION IS TO END THE INJUSTICE OF EDUCATIONAL INEQUALITY BY PROVIDING EXCELLENT TEACHERS TO THE STUDENTS WHO NEED THEM MOST AND BY ADVANCING POLICIES AND PRACTICES THAT ENSURE EFFECTIVE TEACHING IN EVERY CLASSROOM. 0 0 41712319 1287942 27580366 CLIENT SERVICES: TNTP WORKS AT EVERY LEVEL OF THE PUBLIC EDUCATION SYSTEM TO ATTRACT AND TRAIN TALENTED TEACHERS AND SCHOOL LEADERS, ENSURE RIGOROUS AND ENGAGING CLASSROOMS, AND CREATE ENVIRONMENTS THAT PRIORITIZE GREAT TEACHING AND ACCELERATE STUDENT LEARNING. SEE SCHEDULE O FOR FURTHER DETAIL ON TNTP'S FISCAL YEAR 2020 PROGRAM SERVICE ACCOMPLISHMENTS. 1536582 5000 RESEARCH, POLICY AND ADVOCACYTNTP'S PUBLICATIONS SHARE WHAT WE ARE LEARNING IN SCHOOLS AND DISTRICTS NATIONWIDE. AS WE WORK ALONGSIDE TEACHERS AND LEADERS EACH DAY, WE IDENTIFY COMMON CHALLENGES, SEEK OUT TRENDS AND SHARE PROMISING SOLUTIONS. SEE SCHEDULE O FOR FURTHER DETAILS ON TNTP'S FISCAL YEAR 2020 PROGRAM SERVICE ACCOMPLISHMENTS. 43248901 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 278 0 762 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AR CA CO CT DC FL GA HI IL MD MA MI MN MS MO NJ NY NC OH OK OR PA RI SC TN VA WA WI X X X MITCHELL HOPSON 3176982849 500 7TH AVENUE NEW YORK NY 10018 DANIEL WEISBERG CHIEF EXECUTIVE OFFICER 50.00 X 274468 0 34923 ELIZABETH N SCHAFFER CFO UNTIL 10/25/19 50.00 X 253263 0 20815 CRYSTAL H REICHMAN EXECUTIVE VICE PRESIDENT 50.00 X 200993 0 37770 TEQUILLA BROWNIE EXECUTIVE VICE PRESIDENT 50.00 X 200223 0 26293 ZAITRARRIO T COLLIER VP UNTIL 9/30/19 50.00 X 202430 0 23761 DAVID F MCKINNEY EXECUTIVE VICE PRESIDENT 50.00 X 200880 0 23356 TONYA M HORTON EXECUTIVE VICE PRESIDENT 50.00 X 199418 0 17525 RASHEED MEADOWS VP UNTIL 7/31/20 50.00 X 203490 0 10227 VICTORIA VAN CLEEF EXECUTIVE VICE PRESIDENT 50.00 X 195577 0 13223 AMANDA C KOCON EVP UNTIL 10/4/19 50.00 X 180338 0 26916 KENYA BRADSHAW VICE PRESIDENT 50.00 X 166316 0 23363 JOSEPH HETTLER VICE PRESIDENT 50.00 X 160304 0 23600 FLORENCE R CHAPIN GENERAL COUNSEL 50.00 X 163096 0 9130 LEAH HOLCZER PARTNER CONTROLLER UNTIL 1/31/20 50.00 X 144470 0 24857 LETICIA I DE LA VARA CHIEF OF STAFF 50.00 X 152065 0 16731 MIJI M BELL VP UNTIL 9/19/19 50.00 X 150284 0 8434 LUIS AVILA BOARD CHAIR/DIRECTOR 1.00 X X 0 0 0 CHRIS BIERLY DIRECTOR 1.00 X 0 0 0 VINICE DAVIS DIRECTOR 1.00 X 0 0 0 SHARIF EL-MEKKI DIRECTOR 1.00 X 0 0 0 TINA FERNANDEZ DIRECTOR 1.00 X 0 0 0 MATT GLICKMAN DIRECTOR 1.00 X 0 0 0 DAVID Y HOWE DIRECTOR 1.00 X 0 0 0 PAUL PASTOREK DIRECTOR 1.00 X 0 0 0 DELIA POMPA DIRECTOR 1.00 X 0 0 0 JENNIFER TUHY DIRECTOR 1.00 X 0 0 0 3047615 0 340924 61 0 1 0 COLLABORATIVE SOLUTIONS LLC 11190 SUNRISE VALLEY DRIVE RESTON VA 20191 ERP IMPLEMENTATION CONSULTING 986901 RAND CORPORATION 1776 MAIN STREET PO BOX 2138 SANTA MONICA CA 90401 EDUCATIONAL CONSULTING 814070 WORKDAY INC PO BOX 396106 SAN FRANCISCO CA 94139 ERP SYSTEM CONSULTING 428659 EDUCATIONAL ANALYTICS INC 110 E MAIN STREET 10TH FLOOR MADISON WI 53703 EDUCATIONAL CONSULTING 265000 MATHEMATICA POLICY RESEARCH PO BOX 2392 PRINCETON NJ 08543 EDUCATIONAL CONSULTING 188329 12 10999241 16018736 27017977 CLIENT SERVICES 611710 27580366 27580366 27580366 125591 125591 54723934 27580366 0 125591 134000 134000 1158942 1158942 2077374 897561 1078665 101148 31517723 26822021 4197485 498217 1021685 858760 145891 17034 4087607 3392371 629429 65807 2518458 2075391 398224 44843 69232 182 69050 96645 96645 3587314 3046993 519950 20371 288973 236815 52158 1020970 803985 198419 18566 888749 680077 195107 13565 287459 229128 52923 5408 1535353 1457940 59657 17756 365849 291327 63430 11092 31206 31206 925197 807944 105153 12100 406829 406829 BAD DEBT EXPENSE 205287 205287 EMPLOYEE APPRECIATION 176383 137202 36263 2918 PUBLICATIONS 33957 6738 27219 MISCELLANEOUS 28879 6237 22620 22 52464071 43248901 8386323 828847 1893035 18620476 696406 2560462 7316611 2740266 7473798 6364251 445759 650200 10735460 8646723 3013935 2088737 6095557 2811232 74200 36374 27009301 35871998 3426268 2752600 256379 87854 0 7489507 3682647 10329961 X 17386924 19250452 5939730 6291585 23326654 25542037 27009301 35871998 2259863 -44479 0 X X 0 1 X 1 1 1 X 48765365 16621011 30013118 26371815 27017977 148789286 48765365 16621011 30013118 26371815 27017977 148789286 48010144 100779142 160891 186270 221900 234940 125591 929592 14710 850 672 16232 149735110 152762846 0.67300 0.68910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 53930 53930 0 10681530 8592793 2088737 2088737 PAYCHECK PROTECTION PROGRAM LOAN 7489507 7489507 X 56959686 -44479 2280231 2235752 54723934 0 54723934 54744303 2280231 2280231 52464072 0 52464072 PART X, LINE 2: TNTP RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT TNTP HAD NO UNCERTAIN TAX POSITION THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. TNTP IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO SEPTEMBER 30, 2017. 1 PASCO COUNTY SCHOOLS 7227 LAND OLAKES BLVD LAND OLAKES FL 34638 596000792 STATE OF FLORIDA 129000 TO FUND PROFESSIONAL LEARNING SERVICES FOR TEACHERS 1 0 STIPENDS PROVIDED TO PROGRAM PARTICIPANTS 490 1158942 PART I, LINE 2: GRANTS TO ORGANIZATIONS AND STIPENDS PAID TO INDIVIDUALS ARE SUBJECT TO A TIERED APPROVAL PROCESS. INVOICES REQUIRE PROJECT MANAGER APPROVAL AT MINIMUM, AND VICE PRESIDENT AND/OR EXECUTIVE VICE PRESIDENT APPROVALS BASED ON POLICY DRIVEN THRESHOLDS. ALL INVOICES ARE REQUIRED TO HAVE FINANCE MANAGEMENT APPROVAL BY AN ACCOUNTING MANAGER OR CONTROLLER. LASTLY, PAYMENTS REQUIRE OFFICER SIGNATURE AND THE APPROVAL OF TWO OFFICERS IF OVER $50,000. WHEN FUNDS ARE GRANTED BY TNTP TO ORGANIZATIONS, THERE IS A GRANT AGREEMENT IN PLACE THAT DETAILS SPENDING RESTRICTIONS AND REPORTING REQUIREMENTS. ALL FUNDING MUST BE SUPPORTED BY INVOICES SUBMITTED BY THE GRANTEE THAT DETAILS THE WORK COMPLETED AND DELIVERED. THE INVOICES ARE REVIEWED TO ENSURE THAT THE FUNDS ARE UTILIZED FOR ITS INTENDED PURPOSE IN ACCORDANCE WITH THE GRANT AGREEMENT. X 1 1 X X X X X 1 0 0 0 0 0 0 1 0 DANIEL WEISBERG CHIEF EXECUTIVE OFFICER 274468 0 0 0 0 0 12500 0 22423 0 309391 0 0 0 ELIZABETH N SCHAFFER CFO UNTIL 10/25/19 198913 0 0 0 54350 0 11585 0 9230 0 274078 0 0 0 CRYSTAL H REICHMAN EXECUTIVE VICE PRESIDENT 198789 0 2204 0 0 0 9455 0 28315 0 238763 0 0 0 TEQUILLA BROWNIE EXECUTIVE VICE PRESIDENT 200223 0 0 0 0 0 4627 0 21666 0 226516 0 0 0 ZAITRARRIO T COLLIER VP UNTIL 9/30/19 157938 0 0 0 44492 0 7508 0 16253 0 226191 0 0 0 DAVID F MCKINNEY EXECUTIVE VICE PRESIDENT 194084 0 0 0 6796 0 2954 0 20402 0 224236 0 0 0 TONYA M HORTON EXECUTIVE VICE PRESIDENT 199418 0 0 0 0 0 7149 0 10376 0 216943 0 0 0 RASHEED MEADOWS VP UNTIL 7/31/20 203490 0 0 0 0 0 9498 0 729 0 213717 0 0 0 VICTORIA VAN CLEEF EXECUTIVE VICE PRESIDENT 195577 0 0 0 0 0 12500 0 723 0 208800 0 0 0 AMANDA C KOCON EVP UNTIL 10/4/19 180338 0 0 0 0 0 9500 0 17416 0 207254 0 0 0 KENYA BRADSHAW VICE PRESIDENT 165316 0 0 0 1000 0 9500 0 13863 0 189679 0 0 0 JOSEPH HETTLER VICE PRESIDENT 160304 0 0 0 0 0 9500 0 14100 0 183904 0 0 0 FLORENCE R CHAPIN GENERAL COUNSEL 163096 0 0 0 0 0 7875 0 1255 0 172226 0 0 0 LEAH HOLCZER PARTNER CONTROLLER UNTIL 1/31/20 144470 0 0 0 0 0 7611 0 17246 0 169327 0 0 0 LETICIA I DE LA VARA CHIEF OF STAFF 150494 0 0 0 1571 0 2337 0 14394 0 168796 0 0 0 MIJI M BELL VP UNTIL 9/19/19 124899 0 0 0 25385 0 1816 0 6618 0 158718 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDED TAX-GROSS UP PAYMENTS TO THE FOLLOWING INDIVIDUALS AS REPORTED IN PART II, COLUMN (B)(III): -DAVID F. MCKINNEY, EVP, PUBLIC AFFAIRS -LETICIA I. DE LA VARA, CHIEF OF STAFF -KENYA BRADSHAW, VP, POLICY & COMMUNITY COALITIONS PART I, LINE 4A THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE AS REPORTED IN PART II, COLUMN (B)(III): -ELIZABETH N. SCHAFFER, CFO UNTIL 10/25/19 -ZAITRARRIO T. COLLIER, VP, TECHNOLOGY UNTIL 9/30/19 -MIJI M. BELL, VP, COMMUNICATIONS UNTIL 9/19/19 PART I, LINE 7 CRYSTAL H. REICHMAN, EVP, CONSULTING, RECEIVED A $2,204 PERFORMANCE BONUS AS INCLUDED IN PART II, COLUMN (B)(II). FORM 990, PART III, LINES 4A-4B: DURING FISCAL YEAR 2020, TNTP CONTINUED WORKING TOWARD THE GOALS IN ITS FIVE-YEAR STRATEGIC PLAN: HELPING EDUCATORS, SCHOOLS, AND SCHOOL SYSTEMS EXPAND ACCESS TO OPPORTUNITY; AUTHENTICALLY PARTNERING WITH COMMUNITIES; AND INSPIRING A NATIONAL AGENDA. TNTP CONTINUED TO WORK TOWARD THESE GOALS DURING THE COVID-19 PANDEMIC. EXPANDING ACCESS TO OPPORTUNITY: IN FY'20 ALONE, TNTP SURPASSED ITS GOALS IN THIS STRATEGIC PRIORITY AND MADE SIGNIFICANT PROGRESS TOWARD CREATING BETTER STUDENT EXPERIENCES. THIS YEAR, TNTP HAS WORKED WITH 280 SCHOOL SYSTEMS IN MORE THAN 65 CITIES ACROSS 37 STATES, REACHING OVER 7.8 MILLION STUDENTS. BECAUSE OF TNTP'S WORK AND PARTNERSHIP WITH SCHOOL SYSTEMS, ALMOST 65,000 STUDENTS HAVE ACCESS TO STRONG INSTRUCTION, WHICH EXCEEDED THE FY'20 GOAL OF 25,000 STUDENTS. TNTP HAS EXCEEDED MANY OF ITS OTHER GOALS AS WELL. FOR INSTANCE, IN FY'20, TNTP AIMED TO HAVE 2,500 STUDENTS WITH DEMONSTRABLY IMPROVED ACCESS TO TEACHERS OR LEADERS WITH HIGH EXPECTATIONS AND EXCEEDED THIS GOAL BY REACHING 12,000 STUDENTS. THE ORGANIZATION ALSO MET AND EXCEEDED ITS GOAL OF ENSURING 30,000 STUDENTS HAVE ACCESS TO A TEACHER OR SCHOOL LEADER OF COLOR BY 1,470 STUDENTS. TNTP PIVOTED ITS WORK IN THIS PRIORITY DURING THE COVID-19 PANDEMIC. THE ORGANIZATION CREATED NEW INNOVATIONS LIKE ITS COVID-19 SUPPORT SURVEY FROM THE INSIGHT TEAM, AND IT PARTNERED WITH THE COUNCIL OF CHIEF STATE SCHOOL OFFICERS TO CODIFY GUIDANCE FOR SCHOOL CHIEFS ON HOW TO APPROACH COMMUNITY ENGAGEMENT DURING THE PANDEMIC. THE PROGRAMS TEAM ADAPTED TRAINING MODELS, MAKING THEM COMPLETELY VIRTUAL, AND HAVE RECRUITED MORE NEW TEACHERS THAN LAST YEAR. NUMEROUS STAFF HAVE BEEN ASKED TO SHARE THEIR EXPERTISE IN HIGH-PROFILE MEDIA OUTLETS AS EVERYONE PREPARES FOR SCHOOL RE-OPENING. AUTHENTICALLY PARTNERING WITH COMMUNITIES: AT THE START OF THE YEAR, TNTP DUG INTO INTERNAL CHANGES THAT WOULD SET IT UP FOR EXTERNAL IMPACT. THE ORGANIZATION SPENT TIME GETTING TO KNOW ITS PEOPLE AND THE EXPERIENCE THEY WANTED AT TNTP, AND CREATED A VISION FOR A STAFF EXPERIENCE WHERE EMPLOYEES FEEL VALUED AND CARED FOR, HAVE OPPORTUNITIES TO GROW AND DEVELOP, AND FIND JOY IN THEIR DAY-TO-DAY WORK. TNTP ALSO LAUNCHED A NEW MANAGEMENT MODEL TO CREATE MORE CONSISTENT EXPERIENCES FOR ALL STAFF, AND TO PROVIDE A SPACE WHERE YOU CAN LEARN WITH PEERS AND ASK THE TOUGH QUESTIONS. ALL STAFF SET PERSONAL GOALS AROUND DIVERSITY, EQUITY, AND INCLUSION TO INCREASE ACCOUNTABILITY THROUGHOUT THE YEAR. EXTERNALLY, TNTP HAS PRIORITIZED BUILDING RELATIONSHIPS IN ALL ITS WORK, NOT JUST IN STANDALONE COMMUNITY ENGAGEMENT CONTRACTS. NEARLY 30 PERCENT OF ALL IMPACT AND GROUNDWORK CONTRACTS HAD HIGH-QUALITY COMMUNITY ENGAGEMENT GOALS. TNTP HAS ALSO TAKEN ON AMBITIOUS GOALS TO REFLECT THE COMMUNITIES WITH WHOM IT WORKS, INCLUDING DEVELOPING AND MAKING PROGRESS TOWARD INCREASING LATINX REPRESENTATION ACROSS THE ORGANIZATION. TNTP ALSO LAUNCHED A NEW SPANISH TRANSLATION COUNCIL TO REVIEW AND DEFINE HOW IT CAN EFFECTIVELY COMMUNICATE ITS TOOLS AND RESOURCES IN SPANISH AS DISTRICTS CONTINUE TO ASK FOR SUPPORT IN THIS AREA. INSPIRING A NATIONAL AGENDA: AS PART OF THE FY'20-25 STRATEGIC PLAN, TNTP SET A GOAL TO TELL 2,300 STORIES BY 2030 TO HIGHLIGHT BRIGHT SPOTS, MOMENTS OF HOPE, AND STORIES OF LEARNING. FOR EXAMPLE, THE ORGANIZATION TOLD IMPORTANT STORIES NOT ONLY ABOUT WHY OUR NATION NEEDS A MORE DIVERSE TEACHER WORKFORCE BUT ALSO WHAT'S POSSIBLE WHEN WE DO HAVE ONE. IN TOTAL, TNTP TOLD NEARLY 150 STORIES AND SECURED MORE THAN 40,000 COMMITMENTS TO THE OPPORTUNITY MYTH IN FY'20. TNTP PUBLISHED RESEARCH ON THE ROLE OF THE STATE IN INFLUENCING ITS TEACHER WORKFORCE, MAKING CLEAR RECOMMENDATIONS OF COST-NEUTRAL POLICY CHANGES, INCLUDING EXAMPLES OF STATES THAT HAVE IMPLEMENTED THEM, AND FEATURING STORIES FROM PRACTITIONERS SHOWING WHY THEY MATTER. THE ORGANIZATION SAW OVER 1,000 STATE LEADERS AND ADVOCATES DOWNLOAD OUR RECOMMENDATIONS MORE THAN DOUBLE WHAT WAS EXPECTED. AS THE NATION CONTINUED TO FACE THE COVID-19 PANDEMIC, TNTP CREATED AND SHARED OVER 40 RESOURCES IN ITS COVID-19 TOOLKIT WITH SCHOOL AND SYSTEM LEADERS. THESE RESOURCES TOUCHED ON A WIDE RANGE OF TOPICS, INCLUDING HOW TO PARTNER WITH FAMILY AND COMMUNITY STAKEHOLDERS DURING THE PANDEMIC AND VIRTUAL RECRUITING. ALSO INCLUDED IN THE TOOLKIT IS TNTP'S LEARNING ACCELERATION GUIDE, WHICH AIMS TO ENSURE MORE STUDENTS ARE ON TRACK TO RECEIVE GRADE-LEVEL INSTRUCTION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE RETURN IS REVIEWED BY THE ORGANIZATION'S VICE PRESIDENT OF FINANCE AND FINANCE CONSULTANT. ONCE APPROVED, THE FORM 990 IS PRESENTED TO THE ORGANIZATION'S AUDIT COMMITTEE FOR REVIEW. UPON APPROVAL BY THE AUDIT COMMITTEE, THE COMPLETED FORM 990 IS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY APPLICABLE TO DIRECTORS, OFFICERS, COMMITTEE MEMBERS, AND KEY EMPLOYEES. WHEN THERE IS A TRANSACTION OR ARRANGEMENT THAT MAY PRESENT A FINANCIAL INTEREST OR A CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE INTEREST AND ALL MATERIAL FACTS TO THE DIRECTORS WHO WILL CONSIDER THE PROPOSED TRANSACTION OR ARRANGEMENT. IF THE BOARD OF DIRECTORS DELEGATES THE DETERMINATION OF THE CONFLICT OF INTEREST TO A COMMITTEE, THE COMMITTEE MEMBERS ON THAT COMMITTEE WILL EVALUATE THE EXISTENCE OF ANY CONFLICT OF INTEREST. AFTER THE INTERESTED PERSON DISCLOSES THE POTENTIAL INTEREST TO THE DIRECTORS OR COMMITTEE MEMBERS, AND ANSWERS ANY RELEVANT QUESTIONS IN CONNECTION WITH THE INTEREST, THE INTERESTED PERSON MUST LEAVE THE MEETING. THE REMAINING DIRECTORS OR COMMITTEE MEMBERS MUST THEN DECIDE IF A CONFLICT OF INTEREST EXISTS. THE INTERESTED PERSON IS PROHIBITED FROM INFLUENCING DELIBERATIONS OR VOTES ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE MINUTES OF THE BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS MUST CONTAIN: (1) THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE AN INTEREST IN CONNECTION WITH A PROPOSED OR EXISTING TRANSACTION OR ARRANGEMENT; (2) THE NATURE OF THE INTEREST; (3) ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT; AND (4) THE BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. EACH DIRECTOR, OFFICER, COMMITTEE MEMBER AND KEY EMPLOYEE MUST ANNUALLY ELECTRONICALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON (1) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY; (2) HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY; (3) HAS AGREED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY; AND (4) UNDERSTANDS THAT TNTP IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING COLLECTION OF THE ANNUAL STATEMENTS AS WELL AS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE COMPENSATION OF THE CEO AND ALL OTHER OFFICERS. FOR ALL POSITIONS, TNTP'S PEOPLE OPERATIONS TEAM PERFORMS REGULAR MARKET ANALYSIS USING COMPARABILITY DATA FROM INDUSTRY SURVEYS, DOCUMENTED COMPENSATION OF PERSONS HOLDING SIMILAR POSITIONS IN SIMILAR ORGANIZATIONS, AND/OR INDEPENDENT COMPENSATION STUDIES. THE MARKET ANALYSIS IS SHARED WITH THE EXECUTIVE COMMITTEE OF THE BOARD, AND IS CONSIDERED IN THE RECOMMENDATION OF COMPENSATION CHANGES FOR THE ORGANIZATION'S OFFICERS. A COMPENSATION REVIEW AS OUTLINED ABOVE WAS LAST CONDUCTED IN FISCAL YEAR 2019 AND WAS DOCUMENTED IN THE MINUTES OF THE EXECUTIVE COMMITTEE. IN ADDITION TO THESE PROCESSES, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR TNTP APPROVES ALL EXECUTIVE TEAM MEMBER COMPENSATION INCREASES EACH YEAR DURING THE MERIT COMPENSATION CYCLE. TNTP OFFERS ANNUAL MERIT INCREASES TO RECOGNIZE STRONG JOB PERFORMANCE AND SUPPORT SALARY GROWTH OVER TIME. TNTP'S MERIT INCREASE IS A PERFORMANCE-BASED SALARY INCREASE. A STAFF MEMBER'S INDIVIDUAL MERIT INCREASE IS BASED ON THEIR END-OF-YEAR PERFORMANCE RATING AND SALARY RELATIVE TO MARKET MEDIAN. MERIT BASED SALARY ADJUSTMENTS WERE LAST PROVIDED IN 2020. FORM 990, PART VI, SECTION C, LINE 19 TNTP MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON ITS WEBSITE. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR.ORG AND SIMILAR WEBSITES. IN ADDITION, THE FORM 990, AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST TO 500 7TH AVENUE, NEW YORK, NY 10018 OR BY CALLING THE ORGANIZATION DIRECTLY AT 718-233-2800.