The Better Business Bureau (BBB) serving the Northwest and the Pacific has attested that Distance Teaching and Mobile Learning has met all 20 standards for charity accountability and has become a BBB accredited charity. BBB has put in place 20 standards which charities must meet in order to be accredited by the bureau. This is to ensure accountability and transparency.
On each of the standards, BBB has one of these three possible remarks: the standard is met, the standard is not met, or unable to verify. Thereafter, BBB then compiles these remarks against each standard into a report which it gives to the charity. The 20 standards are grouped into the following broad categories as contained below. Distance Teaching and Mobile Learning met all standards and received The Better Business Bureau (BBB) accreditation.
Governance and Oversight
Under this category, the standards include:
- Board oversight: To meet this standard, a charity needs to have a board of directors that exercise proper oversight over the charity’s activities and employees. This oversight includes routine assessment of the chief executive officer’s performance, controls over disbursement, policies regarding raising fund, and so on.
- Board size: The charity must have a board of directors which has at least five members who vote.
- Board meetings: There should be at least three equally spaced meetings in one year for the governing board with the physical participation of the majority members.
- Board compensation: Compensated members are not to serve as board treasurer or chairman, and they should not be more than one or 10% of such members with voting rights on the board.
- Conflict of interest: The charity should avoid transactions in which its board members have a conflict of interest.