School One

“The form 990 is prepared by the external auditors and reviewed by management. Once all are satisified with the form, it is finalized and a copy is sent to all board members. At the subsequent board meeting, the board is asked if they have any questions or comments and a general review is conducted. Subsequent to this meeting the form is submitted to the irs.”

“Disclosure forms are distributed annually to each board member at the start of the school year. The head of school and a member of the board governance committee review each form to identify any potential conflicts of interest as defined in the policy.”

“The head of school is evaluated annually by the board's executive committee (comprised of the board's president, vice president, treasurer and secretary). The executive committee reviews salary data compiled from surveys of independent school compensation by the national association of independent schools for comparability and determines the head's salary. The executive committee and head then renew the head's contract.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Equipment rental & maint: program service expenses 16,439. Management and general expenses 3,416. Fundraising expenses 1,495. Total expenses 21,350. Repairs & maintenance: program service expenses 12,673. Management and general expenses 2,625. Fundraising expenses 1,107. Total expenses 16,405. Adminnistrative service fee: program service expenses 8,283. Management and general expenses 1,715. Fundraising expenses 720. Total expenses 10,718. School events: program service expenses 9,184. Management and general expenses 0. Fundraising expenses 0. Total expenses 9,184. Development: program service expenses 0. Management and general expenses 1,314. Fundraising expenses 6,958. Total expenses 8,272. Grant expense: program service expenses 5,997. Management and general expenses 1,142. Fundraising expenses 0. Total expenses 7,139. Dues & subscriptions: program service expenses 4,535. Management and general expenses 864. Fundraising expenses 0. Total expenses 5,399. Telephone & internet: program service expenses 3,916. Management and general expenses 814. Fundraising expenses 356. Total expenses 5,086. Graduation expense: program service expenses 4,752. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,752. Postage: program service expenses 2,863. Management and general expenses 593. Fundraising expenses 249. Total expenses 3,705. Miscellaneous: program service expenses 232. Management and general expenses 3,168. Fundraising expenses 0. Total expenses 3,400. Payroll processing fee: program service expenses 2,113. Management and general expenses 437. Fundraising expenses 184. Total expenses 2,734. Staff development: program service expenses 1,926. Management and general expenses 367. Fundraising expenses 0. Total expenses 2,293. Scholarship: program service expenses 2,277. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,277. Bank service charge: program service expenses 1,487. Management and general expenses 308. Fundraising expenses 129. Total expenses 1,924.”