Stanley G Falk School

“Child and family services of erie county, a related 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 of the members are amending its certificate of incorporation, merging it with one or more other entities, disposing of substantially all of its assets, and dissolving the entity.”

“Stanley g. Falk school's federal informational return is reviewed by the audit committee of child and family services of erie county, the parent organization, and the board of the school receives copies of the draft form 990 prior to submission.”

“Board members sign a conflict of interest policy annually. Disclosed conflicts are reviewed by the board and management. Depending on the conflict, the policy may require the board member to remove themselves from the transaction. Management is currently evaluating which "key" employees will be required to provide a conflict of interest disclosure on an annual basis.”

“The agency's executive compensation committee (executive 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, a related party, assumes responsibility for oversight of the audit and selection of independent accountants. This policy has not changed from the prior year.”