New Interdisciplinary School Inc.

“process used to review form 990 The Form 990 was prepared by an independent accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 was circulated to the full board of trustees in either paper or electronic form for discussion and comment. Each board member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the Internal Revenue Service.”

“The New Interdisciplinary School operates in conjunction with its related party, the Independent Group Home Living Program and utilizes many of the same policies and procedures. The conflict of interest policy and annual disclosure forms are distributed to all board members, officers and management staff. Each individual is required to sign and review the disclosure form and provide information about any relationships they may have with NIS or any related parties, other employees, and/or vendors that conduct business with NIS. All submissions are reviewed by Human Resources to determine if a conflict exists; when a conflict arises, the individuals affected are prohibited from participating in the decision-making process related to any transaction occurring with the conflicted organization.”

“The New Interdisciplinary School undertakes a thorough process to ensure that the compensation it pays to its top management official is commensurate with salaries paid by other schools in the same geographic area. Compensation is determined by a compensation committee of the Board of Directors (comprised of independent persons) and the decision making process is memorialized in committee minutes.”

“The organization makes its Form 990 available to the public by retaining a copy at its place of business. The Form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements, governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.”

“The New Interdisciplinary School reported a prior period adjustment within its audited financial statements to account for a minor reporting issue with accounts payable and accrued expenses totaling $80,697.”