2018-07-13T12:26:02-05:00 2017-12-31 271728945 PKF O'CONNOR DAVIES LLP 3001 SUMMER STREET 5TH FLOOR EAST STAMFORD CT 06905 990 2017-01-01 273069592 50CAN INC 50CA 3017614385 1625 K STREET NW NO 400 WASHINGTON DC 20006 MARC MAGEE CEO & BOARD MEMBER 3017614385 2018-07-13 1 GARRETT M HIGGINS P00543209 2033232400 2018-07-13 2017 2022-09-23 18:48:47Z MARC MAGEE 1625 K STREET NW NO 400 WASHINGTON DC 20006 7402840 0 X WWW.50CAN.ORG X 2010 CT 50CAN, INC. IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO CLOSING AMERICA'S ACHIEVEMENT GAP BY BUILDING PUBLIC SUPPORT FOR PROVEN MODELS OF EFFECTIVE PUBLIC EDUCATION. 8 7 73 7 0 0 10121237 7298903 2375 103113 16 11 4168 813 10127796 7402840 146610 318811 0 0 5622507 5680259 0 0 752765 2471897 3047667 8241014 9046737 1886782 -1643897 4629629 3089112 187466 311787 4442163 2777325 X 50CAN IS ORGANIZED FOR THE PURPOSE OF IMPROVING THE QUALITY OF PUBLIC EDUCATION IN THE 50 STATES OF THE UNITED STATES OF AMERICA. IT DOES SO THROUGH THE CREATION AND MANAGEMENT OF STATE-BASED EDUCATIONAL REFORM PROGRAMS IN SUPPORT OF GREATER CHOICES, TRANSPARENCY, ACCOUNTABILITY AND FLEXIBILITY IN PUBLIC EDUCATION. ELEMENTS OF THESE PROGRAMS INCLUDE: RESEARCH ON AND DEVELOPMENT OF EFFECTIVE EDUCATIONAL REFORM POLICIES; DEVELOPMENT AND USE OF INFORMATION TECHNOLOGY, DATA GATHERING AND OUTCOME MEASUREMENTS DESIGNED TO INFORM, EVALUATE AND STRENGTHEN PUBLIC EDUCATION; PRODUCTION OF COMMUNICATIONS MATERIALS AND THE USE OF OUTREACH STRATEGIES TO EDUCATE THE GENERAL PUBLIC, ELECTED OFFICIALS, SCHOOL ADMINISTRATORS AND TEACHERS, CIVIC AND COMMUNITY GROUPS AND OTHER INTERESTED PARTIES ABOUT THE STATE OF PUBLIC EDUCATION AND THE POTENTIAL OF EDUCATION REFORM POLICIES AND PROGRAMS; AND EDUCATIONAL AND FELLOWSHIP PROGRAMS TO TRAIN INDIVIDUALS AS EFFECTIVE EDUCATIONAL REFORM LEADERS. 0 0 2800414 103113 COMMUNICATIONS & MOBILIZATION50CAN HELPS LOCAL LEADERS CREATE A MOVEMENT OF INFORMED CITIZENS THROUGH MEDIA WORK, E-ADVOCACY, PUBLICATIONS, GRAPHIC DESIGN, PARTNERSHIPS WITH LIKE-MINDED CIVIC AND COMMUNITY GROUPS, PHONE BANKS, PETITIONS AND RALLIES. 1482572 318811 ADVOCATE FOR POLICY CHANGE50CAN'S EXPERT STAFF TEAMS UP WITH OUR LOCAL LEADERS TO DEVELOP AND ENACT CONCRETE, MEANINGFUL EDUCATION REFORMS. 1153111 TRAINING50CAN OFFERS A SUITE OF TRAINING PROGRAMS, INCLUDING A LEADERSHIP DEVELOPMENT PROGRAM AND YOUCAN (A PROGRAM TO TRAIN LOCAL COMMUNITY ACTIVISTS). THIS AREA ALSO INCLUDES RECURRING GATHERINGS OF 50CAN STAFFERS AND OTHER EDUCATION REFORMS PARTNERS TO PROVIDE ADDITIONAL PROFESSIONAL DEVELOPMENT OPPORTUNITIES. 1564937 RESEARCH & POLICY50CAN'S RESEARCH MARRIES IN-DEPTH ANALYSIS OF STATE-LEVEL PUBLIC EDUCATION DATA IN EACH STATE WITH THE LATEST NATIONAL EDUCATION POLICY RESEARCH.FISCAL SPONSORSHIPSFROM TIME TO TIME 50CAN WILL OFFER FISCAL AGENCY SERVICES TO PARTNER ORGANIZATIONS WITH SIMILAR MISSIONS. TO DATE THESE RELATIONSHIPS HAVE BEEN OFFERED TO NEW ORGANIZATIONS AWAITING INDEPENDENT 501(C)(3) STATUS OR TO THOSE THAT WANT TO TAKE ADVANTAGE OF 50CAN'S FINANCIAL PROCESSES. 1564937 7001034 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 1 113 0 73 1 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 CA CT FL GA HI LA MD NC NJ NM NY PA RI SC TN VA X X CHRIS TESSONE 3017614385 1625 K STREET NW NO 400 WASHINGTON DC 20006 SANDY VARGAS BOARD CHAIR 2.00 X X 0 0 0 MARC MAGEE CEO & BOARD MEMBER 45.00 5.00 X X 246914 0 15370 ANN BOROWIEC BOARD MEMBER 1.00 1.00 X 0 0 0 ROLAND MARTIN BOARD MEMBER 1.00 X 0 0 0 MICHAEL PHILLIPS BOARD MEMBER 1.00 X 0 0 0 JONATHAN SACKLER BOARD MEMBER 1.00 X 0 0 0 DACIA TOLL BOARD MEMBER 1.00 X 0 0 0 DAVID WICK BOARD MEMBER 1.00 X 0 0 0 VALLAY-LATH VARRO PRESIDENT 45.00 5.00 X 209141 0 23795 DERRELL BRADFORD EXECUTIVE VICE PRESIDENT 50.00 X 163550 0 7709 CHRIS TESSONE CFO AND SECRETARY 45.00 5.00 X 146806 0 30797 MICHELLE JOHNSON CHIEF ADVISOR 50.00 X 180000 0 12031 BRADFORD SWANN ED SOUTHCAROLINACAN 50.00 X 153874 0 21258 REBECCA GREENBERG-ELLIS SVP OF GROWTH 50.00 X 151281 0 20588 JONATHAN CETEL ED PENNCAN 50.00 X 150089 0 15108 BRENT EASLEY ED TENNESSECAN 50.00 X 139072 0 22958 1540727 0 169614 16 0 1 0 HOUSE9DESIGN 4-4525 RUE ST MONTREAL QUEBEC CA H2TIT7 GRAPHIC DESIGN 360402 GIBSON DUNN & CRUTCHER LLP PO BOX 840723 LOS ANGELES CA 90084 LEGAL SERVICES 256419 BRIAN SMITH 5302 WESTMINSTER PLACE PITTSBURGH PA 15232 NEW CHARTER CONSULTING 143649 3 354463 6944440 134466 7298903 EDU. REFORM ASSESSMENT 900099 103113 103113 103113 11 11 MISC. REVENUE 900099 813 813 813 7402840 103113 0 824 30156 30156 288655 288655 844080 653337 92344 98399 3914289 3029747 428230 456312 118991 92102 13018 13871 414360 320723 45332 48305 388539 300738 42507 45294 426721 362810 63911 30805 9685 21120 157518 157518 798212 711733 33480 52999 151533 151158 375 138160 72850 63519 1791 355237 211714 143523 287041 33800 253241 496126 434184 27448 34494 144121 135407 7414 1300 31732 31732 30461 4717 25744 9046737 7001034 1292938 752765 1508325 1389398 51155 184681 2882525 1333970 20916 72499 45545 205406 114188 90051 91218 1990 23084 23384 4629629 3089112 177466 288493 10000 23294 187466 311787 X 2262059 1295298 2180104 1482027 4442163 2777325 4629629 3089112 X -1643897 -20941 X X 0 1 X 0 0 X 5563288 5379020 6668457 10121237 7298903 35030905 5563288 5379020 6668457 10121237 7298903 35030905 13260415 21770490 336 863 419 16 11 1645 4168 813 4981 35037531 166191 0.62130 0.55950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISC REVENUE - 2016 AMOUNT: $ 4,168. 2017 AMOUNT: $ 813. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6150 195380 201530 8092442 8293972 564699 141175 0 0 403239 476145 524399 564699 1968482 2952723 263571 334712 206382 201530 1006195 100810 119036 131100 141175 492121 738182 26042 41177 6361 6150 79730 181447 114188 67259 23959 23959 91218 X 7515681 133782 133782 7381899 20941 20941 7402840 9180519 133782 133782 9046737 0 9046737 PART X, LINE 2: 50CAN RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT 50CAN HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. 50CAN IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2014. PART XI, LINE 4B - OTHER ADJUSTMENTS: PRIOR YEAR GRANT REFUND REPORTED ON PART XI, LINE 9 20,941. 1 50CAN ACTION FUND INC 1625 K STREET NW SUITE 400 WASHINGTON DC 20006 454698768 501(C)(4) 30156 LOBBYING EXPENSES PURSUANT TO AGREEMENT 0 1 RISE ADVOCACY PROGRAM STIPENDS 35 78300 YOUCAN CROWD-FUNDING PROGRAM STIPENDS 20 72000 TN POLICY FELLOWSHIP STIPENDS 2 17900 PARENT ADVOCACY LEADER STIPENDS 12 120455 PART I, LINE 2: FROM TIME TO TIME WE WILL PARTNER WITH OTHER STATE LEVEL ADVOCATES WHEN OPPORTUNITIES ARISE. IN CERTAIN CASES, 50CAN ACTS AS FISCAL AGENT FOR SUCH GRANTS AND WILL ENTER INTO SEPARATE GRANT AGREEMENTS WITH SUB-GRANTEES BEFORE DISTRIBUTING FUNDS. WE REQUIRE REPORTING ON THE USE OF FUNDS AND AN UPDATE ON PROGRAMMING FROM ANY AND ALL SUB-GRANTEES. 50CAN, INC. HAS NOT HISTORICALLY MADE INDEPENDENT GRANTS TO OTHER ORGANIZATIONS UNLESS 50CAN IS PART OF THE SAME PROJECT. 50CAN ALSO MAINTAINS SEVERAL ONGOING GRANT AGREEMENTS WITH 50CAN ACTION FUND, INC., WHICH STIPULATE THAT 50CAN WILL REIMBURSE 50CAN ACTION FUND, INC. FOR CERTAIN CONTRACTS THAT BENEFIT 50CAN'S NETWORK. PARTICIPANTS IN OUR YOUCAN PROGRAM CAN APPLY FOR SMALL SEED GRANTS TO FUND THEIR COMMUNITY-BASED ADVOCACY EFFORTS. THEIR AWARD AMOUNT IS BASED ON THE QUALITY OF THEIR APPLICATION, WHICH INCLUDES A PITCH PRESENTATION. THEY ARE EVALUATED BASED ON A PRE-SET RUBRIC BY 50CAN'S DIRECTOR OF TRAININGS AND A PANEL OF 50CAN STAFFERS. PARTICIPANTS IN OUR RISE PROGRAM CAN APPLY FOR TRAINING ION HOW TO ADVOCATE FOR CHANGE IN THEIR COMMUNITIES. THE APPLICANTS MUST BE PARENTS LIVING IN THE GREAT CHARLESTON AREA. THEY ARE EVALUATED BASED ON A PRE-SET RUBRIC BY 50CAN AND INTERVIEWED EITHER BY A SOUTH CAROLINACAN STAFFER OR A FORMER RISE PARTICIPANT. THE TN POLICY FELLOWSHIPS ARE AWARDS TO POLICY FELLOWS WHO APPLY ONLINE AND INTERVIEW WITH RELEVANT TEAM STAFFERS. PARENT ADVOCACY LEADER STIPENDS ARE AWARDED THROUGH PGCS (PARENTS OF GREAT CAMDEN SCHOOLS). 50CAN PROVIDES FISCAL OVERSIGHT OF THE PROGRAM THROUGH PGCS. X X X 0 0 0 0 0 0 0 1 0 MARC MAGEE CEO & BOARD MEMBER 246914 0 0 0 0 0 12381 0 2989 0 262284 0 0 0 VALLAY-LATH VARRO PRESIDENT 207241 0 1900 0 0 0 10704 0 13091 0 232936 0 0 0 DERRELL BRADFORD EXECUTIVE VICE PRESIDENT 159650 0 3900 0 0 0 0 0 7709 0 171259 0 0 0 CHRIS TESSONE CFO AND SECRETARY 144906 0 1900 0 0 0 7820 0 22977 0 177603 0 0 0 MICHELLE JOHNSON CHIEF ADVISOR 180000 0 0 0 0 0 0 0 12031 0 192031 0 0 0 BRADFORD SWANN ED SOUTHCAROLINACAN 151974 0 1900 0 0 0 8078 0 13180 0 175132 0 0 0 REBECCA GREENBERG-ELLIS SVP OF GROWTH 147381 0 3900 0 0 0 7695 0 12893 0 171869 0 0 0 JONATHAN CETEL ED PENNCAN 148189 0 1900 0 0 0 7504 0 7604 0 165197 0 0 0 BRENT EASLEY ED TENNESSECAN 137172 0 1900 0 0 0 1278 0 21680 0 162030 0 0 0 PART I, LINE 7 50CAN PROVIDES BONUS COMPENSATION BASED ON VARIOUS PERFORMANCE RELATED CRITERIA AND THE JUDGEMENT OF MANAGEMENT. BONUSES ARE APPROVED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. X 4 134466 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 8B 50CAN DOES NOT HAVE BOARD COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE BOARD OF DIRECTORS AS WELL AS THE PRESIDENT OF THE ORGANIZATION. AT THAT TIME THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE BOARD'S AUDIT/FINANCE COMMITTEE. ANY NECESSARY CHANGES WILL THEN BE UPDATED ON THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE PRESIDENT IS IN AGREEMENT WITH THE AUDIT COMMITTEE ON THE FINISHED FORM 990, IT IS SUBMITTED WITH THE IRS BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST, AS DEFINED BELOW, IS AN INTERESTED PERSON. A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT, OR FAMILY: (A) AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, (B) A COMPENSATION ARRANGEMENT WITH THE ORGANIZATION OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION HAS A TRANSACTION OR ARRANGEMENT, OR (C) A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH THE ORGANIZATION IS NEGOTIATING A TRANSACTION OR ARRANGEMENT. COMPENSATION INCLUDES DIRECT AND INDIRECT REMUNERATION AS WELL AS GIFTS OR FAVORS THAT ARE NOT INSUBSTANTIAL. A FINANCIAL INTEREST IS NOT NECESSARILY A CONFLICT OF INTEREST. A PERSON WHO HAS A FINANCIAL INTEREST MAY HAVE A CONFLICT OF INTEREST ONLY IF THE APPROPRIATE GOVERNING BOARD OR COMMITTEE DECIDES THAT A CONFLICT OF INTEREST EXISTS. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A. AN INTERESTED PARTY MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. B. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. C. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. D. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 FOR ALL POSITIONS, 50CAN LOOKS AT NON-PROFIT COMPENSATION ACROSS ITS VARIOUS STATES TO ENSURE THAT ITS COMPENSATION IS COMPETITIVE TO RETAIN THE BEST TALENT. WHEN SETTING COMPENSATION FOR POSITIONS, 50CAN REVIEWS COMPENSATION SURVEYS FOR NON-PROFITS AND CONSIDERS OTHER EDUCATION REFORM GROUPS AND HOW THEY COMPENSATE THEIR EMPLOYEES. RAISES AND PROMOTIONS ARE USUALLY BASED ON 50 CAN'S PERFORMANCE REVIEW SYSTEMS. ONCE COMPENSATION HAS BEEN DETERMINED, A CHART IS SUBMITTED TO THE BOARD OF DIRECTORS WITH EXPLANATIONS OF ANY PROPOSED CHANGES AND THE BOARD THEN VOTES ON THESE FIGURES DURING AN EXECUTIVE SESSION. THE VOTING AND APPROVAL ARE DOCUMENTED IN THE MINUTES OF THE EXECUTIVE SESSION. THIS PROCESS WAS LAST UNDERTAKEN IN DECEMBER 2017. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST. FORM 990, PART XI, LINE 9: PRIOR YEAR GRANT REFUND -20,941. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES THE RESPONSIBILITY FOR THE OVERSIGHT OF AUDITED FINANCIAL STATEMENTS; THE BOARD COLLECTIVELY REVIEWS AND APPROVES THE AUDITED FINANCIAL STATEMENTS. 50CAN ACTION FUND INC 1625 K STREET NW SUITE 400 WASHINGTON DC 20006 454698768 TO CLOSE AMERICA'S EDUCATIONAL ACHIEVEMENT GAP CT 501(C)(4) 50CAN INC 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 50CAN ACTION FUND INC B 30156 COST 50CAN ACTION FUND INC C 354463 COST 50CAN ACTION FUND INC Q 568258 COST