Ypi Charter Schools Inc

“There are no committees with authority to act on behalf of the governing body.”

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once the draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised returned is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. In connection with any actual or potential conflict of interest, an interested person, which can be any director, officer, or member of a committee with board delegated powers who has an outside interest, outside activity, or a direct or indirect financial interest, must disclose the existence and nature of any outside interest, outside activity and financial interest to the board of directors, or the board committee delegated the authority to receive such disclosures, and to any board committee considering a proposed transaction or arrangement where a potential conflict of interests exists. It is determined that an interested person has outside interest when they hold, indirectly or directly, a position or a material financial interest in any outside concern from which the individual has reason to believe the organization secures goods or services of that provides services competitive with the organization. It is determined that an interested person has outside activity when they render directive, managerial, or consultative services to, or are an employee of, any outside concern that does business with, or competes with the services of, the organization or to render other services in competition with the organization. After disclosure of the actual or potential conflict of interest, the interested person shall leave the board or committee meeting while the matter is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If the board or committee members have reasonable cause to believe that an interested person has failed to disclose an actual or potential conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action. The process described here was last completed in 2023.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.”

“Consultants and services: program service expenses 0. Management and general expenses 600,004. Fundraising expenses 0. Total expenses 600,004. After school services: program service expenses 446,798. Management and general expenses 0. Fundraising expenses 0. Total expenses 446,798. Other fees for services: program service expenses 620,159. Management and general expenses 0. Fundraising expenses 0. Total expenses 620,159. Special education services: program service expenses 375,511. Management and general expenses 761. Fundraising expenses 0. Total expenses 376,272.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”