Synergy Academies

“Consistent with updates to state law, bylaws amended to add language regarding teleconferencing of meetings and clarifying language regarding governance committee role in the recruitment and selection of board members.”

“There are no committees that have the authority to act on behalf of the board.”

“The return is initially reviewed by management and then reveiwed by the board prior to filing return.”

“Governing board members and the ceo file their form 700 electronically with the county board of supervisors and copies are retained by synergy academies. Other required filers within the organization submit their original form 700 to synergy academies. Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

“Synergy academies has a compensation policy in which no c-level official may be compensated without board approval. In addition, the reasonableness of compensation will be reviewed to comparable data and the deliberation and decision of the reasonableness of the compensation will be documented in the corporate minute books. This process will review the fairness of any compensation to these top management officals upon their hire or change in compensation. The process described here was last completed in 2022.”

“The school provides its governing documents, conflict of interest policy, and financial statements to the public upon request.”

“Other fees for services: program service expenses 1,589,534. Management and general expenses 98,056. Fundraising expenses 0. Total expenses 1,687,590. Special education instructors: program service expenses 989,074. Management and general expenses 0. Fundraising expenses 0. Total expenses 989,074.”

“The process has not changed from prior year”