Stanley G Falk School

“Child and family services of erie county, an affiliated organization, is the sole member of the organization.”

“Child and family services of erie county is the sole member of the organization and elects the organization directors.”

“Decisions subject to approval by the sole member are amending the certificate of incorporation, merging with one or more other entities, disposing of substantially all assets, and dissolving the entity.”

“Stanley g. Falk school's federal form 990 is prepared by an outside, independent accounting firm, then reviewed by the audit committee of child and family services of erie county, an affiliated organization. The board of the school receives copies of the draft form 990 prior to submission with the internal revenue service.”

“Stanley g. Falk school ("sgf") has a conflict of interest policy for directors, the president & ceo, and the superintendent. In addition, sgf has a conflict of interest policy that covers all employees. The corporate compliance officer of child & family services of erie county presents a conflict of interest or potential conflict of interest to sgf's president & ceo, superintendent, and/or board as applicable. Depending on the facts of the situation, the policy may require the director, officer, or employee to remove themselves from the transaction. All board members and key employees must complete a conflict of interest disclosure statement annually.”

“The sole corporate member, child and family services of erie county's executive compensation committee reviews the proposed compensation for the ceo, officers, and key employees. A comparability study utilizing local and national data is used in determining appropriate compensation. In addition, an independent compensation consultant was used to review compensation levels. Approval of compensation is documented in the minutes of the executive compensation committee.”

“A summarized version of our financial results are available via our consolidated parent company's annual report. The school's governing documents and conflict of interest policy are not routinely available to the public.”

“The audit committee of child and family services of erie county, an affiliated organization, assumes responsibility for oversight of the audit and selection of independent accountants. This policy has not changed from the prior year.”