Alternative School Inc DBA Ivy Academia

“No committee has the 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 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.”

“Each designated employee, including governing board members and candidates, shall file a statement of economic interest disclosing any reportable investments, business positions, interests in real property held on, and income received during the 12 months before the date of assuming office or the date of being appointed or nominated. A designated employee should submit a written disclosure after determining that he/she should not make a decision because of a qualifying interest. The supervisor will reassign the matter to another employee and forward the disclosure notice to ivy academia director, who will record the employee's disqualification.”

“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 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.”

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

“Professional/consulting services and operating expenditures: program service expenses 166,365. Management and general expenses 20,315. Fundraising expenses 0. Total expenses 186,680. Educational consultants: program service expenses 673,128. Management and general expenses 0. Fundraising expenses 0. Total expenses 673,128. Student transportation: program service expenses 30,223. Management and general expenses 0. Fundraising expenses 0. Total expenses 30,223. Financial services: program service expenses 122,850. Management and general expenses 15,183. Fundraising expenses 0. Total expenses 138,033. Special education encroachment district: program service expenses 102,379. Management and general expenses 0. Fundraising expenses 0. Total expenses 102,379.”