Greenwich Academy Inc

“The members of the greenwich academy are the parents and guardians of children currently enrolled in the school.”

“The members elect between 21 and 39 individuals to serve on the board of trustees to exercise general oversight of the management of the business and property of the school. In addition, the alumnae association president and parents association president serve on the board of trustees. Regular board meetings are held, as well as an annual business meeting that is open to all members at the opening of school every year. The purpose of this meeting is to elect any new members of the board of trustees and to review the prior year's financial operations.”

“The following powers of the corporation shall be deemed nondelegable and the exercise thereof is reserved to the members of the corporation: (a) to amend the certificate of incorporation. (b) to dissolve or merge the corporation, but only upon the affirmative vote of two-thirds of the members of the corporation acting in person or by proxy.”

“The members of the audit committee will receive a copy and review the complete form 990 without schedule b - schedule of contributors. A copy of the complete and final form 990, including required schedules, will be provided to the chair of the board, the chair of the audit committee and the head of school. The chair of the board will report anything of significance to the full board prior to filing.”

“Conflict of interest policy: the organization has a written conflict of interest policy covering all trustees, officers, and employees. The policy requires, among other things, that no individual may participate in discussions or decisions on any matter in which he or she has a material financial interest. A person who has a conflict of interest shall not participate in or be permitted to hear board discussion of the matter except to disclose material facts or to respond to questions. All trustees, officers and key employees are required to certify compliance with the conflict of interest policy on an annual basis and to indicate whether the organization does business with an entity in which they have a material financial interest.”

“Officer compensation review: in setting the compensation for the head of the school, the greenwich academy's executive committee of the board of trustees, comprised of independent persons, periodically conducts a review to determine the going market rate of compensation ranges for comparable positions at similarly situated organizations by reference to compensation surveys, other organizations' form 990 and compensation consultants. The greenwich academy sets compensation within the range of the going market rate. No individual having a conflict of interest is permitted to participate in the review or decision of compensation. The organization maintains records of the deliberations and decisions regarding compensation. This process is undertaken annually. Greenwich academy's policies for setting the compensation for the head of the school meet all of the requirements of the rebuttable presumption.”

“The organization does not make its governing documents and conflict of interest policy available to the public. Financial statements are available upon request.”