The Brookwood School

“Form 990 is to be reviewed by the Board of Directors each year prior to filing with the Internal Revenue Service. Said review can be completed during the course of a regularly scheduled meeting. The meeting will be scheduled prior to the due date of filing Form 990. The committee may review and approve said form electronically with all approvals being forwarded to the Director of Finance.”

“Board members and senior staff will annually disclose and promptly update any disclosures previously made on an Annual Conflict Disclosure Questionnaire Form provided by the Organization that requests them to identify their interests that could give rise to conflicts or interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations or those of family members as well as other nonprofit organizations.”

“Directors will provide their individual assessments of the Head of School's performance. These assessments should include the Director's appraisal of the Financial Performance Measures, Enrollment Measures and the Leadership Performance Measures approved by the Board as well as any other aspect of the Head of School's performance that the director deems relevant. In addition, directors should identify any future developmental needs they deem necessary for the Head of School. The Executive committee accumulates this information and presents its report including recommendations for annual compensation changes, to the board of trustees. After a decision is reached by the board, the President of the board will meet with the Head of School to discuss the board's assessment of performance and developmental needs for the Head of School.”

“The Brookwood School will have governing documents, including the conflict of interest policy and financial statements available to the public upon request. These documents shall be kept by the treasurer as appointed by the board of directors. The treasurer shall produce the documents upon receipt of a written or verbal request of the public. The treasurer shall keep a record of the written and/or verbal request.”

“Schedule A, Part III, Statements About Activities -Line 3, The Finance Committee of the Brookwood School out sources the assessment of financial need based on an application. Once the financial need is determined, the Finance Committee gives final approval. Family income, home equity, savings, indebtedness, and other factors help to determine the extent of financial need and is substantiated by a tax returns submitted with the completed application. In addition, if there are any unusual circumstances, such as changes in jobs or unexpected medical expenses, that is taken into account when assessing financial need.”