Pelican Educational Foundation Inc.

“The organization delegated control over specified limited management duties performed under the direct supervision of its board of trustees to a management company. The management company is an unrelated third party performing services priced at fair market value on a contractual basis. Activities performed by the management company are subject to the approval and oversight of the board of trustees. All activities are directed at furtherance of the organization's exempt purpose.”

“The tax preparer will submit a draft copy of the form 990 to the finance department, who will present the draft to the school principal. The school principal will review the return for accuracy and will then submit it to the attention of the superintendent along with the board of directors. Once it has been determined that all the information contained therein is accurate, the president of the board will sign the form 990.”

“Board members are not allowed to be involved with any entity which does business with pelican educational foundation or with any of the schools it manages. Board members are required to disclose annually if there are any interest that could give rise to conflict.”

“The board of directors determines the appropriate compensation according to the market trends in each district and the qualifications and performance of the individual. The decisions are documented in the board minutes.”

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

“Student transportation: program service expenses 590,911. Management and general expenses 0. Fundraising expenses 0. Total expenses 590,911. Food services: program service expenses 278,166. Management and general expenses 0. Fundraising expenses 0. Total expenses 278,166. Purchased services: program service expenses 116,613. Management and general expenses 579,201. Fundraising expenses 0. Total expenses 695,814.”

“This process has not changed from last year.”