Alternative Schools Inc

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

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by the executive director with any changes or revisions incorporated into the filing. The revised return 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. Any question of a conflict is addressed with the interested person such as employees, officers, and board members, who are 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.”

“The process for determining the compensation of the organization's ceo, executive director, or top management officials at alternative schools, inc. Involves several key steps. The compensation is reviewed and approved by independent persons who do not have a conflict of interest with the organization, ensuring impartiality. Second, comparability data is used to determine the compensation, comparing it with similar positions in other organizations to ensure it is competitive and fair. Finally, the decision-making process is documented, including the terms of the compensation and the basis for determining it, to ensure transparency and accountability. The board performed a compensation study regarding the compensation amounts for officer salaries per recent irs requirements. By way of memo to the board, legal counsel reviewed transparent california and shared the website for further information as well as the website foundation center, which has the form 990s. The board understands that these data sources aren't completely up to date but was useful along with getting recent compensation information from local schools directly, and from the back office service provider. The board followed council's advice to maintain a good faith basis such that it has completed its due diligence concerning review of comparable compensation data. Compensation is discussed and documented concurrently and can be seen in the board agenda. The process described here was last completed in 2023.”

“Members of the public are provided access to the governing documents, conflict of interest policies and financial statements upon submitting a public records request.”

“Educational consultants: program service expenses 953,668. Management and general expenses 0. Fundraising expenses 0. Total expenses 953,668. Financial services: program service expenses 149,600. Management and general expenses 20,400. Fundraising expenses 0. Total expenses 170,000. Professional consulting services: program service expenses 196,982. Management and general expenses 26,138. Fundraising expenses 0. Total expenses 223,120. Fees for other services: program service expenses 80,532. Management and general expenses 121. Fundraising expenses 0. Total expenses 80,653.”

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