Frazier Academy Design Team Inc

“Frazier academy design team delegated control over management duties for the school to accel schools illinois, llc to whom they paid a management fee.”

“The president of the board provides a copy of the final draft 990 to the board of trustees. The board of trustees reviews the form 990 prior to its filing and asks questions if they have any. A copy of the final 990 is provided to all board members prior to filing.”

“The board of directors are required on an annual basis to affirm their understanding and compliance with the conflict of interest policy in the form of an annual statement. No conflict of interest has arisen to date, therefore no enforcement has been needed. All interested parties self monitor throughout the year and if a conflict is identified then the interested person is required to disclose the conflict immediately.”

“The board of trustees reviews the salary structures of officers and employees on an annual basis using comparability data provided by chicago public schools. The deliberation and decisions regarding salary are documented in the board of directors meeting minutes.”

“Documents are maintained on file for public review in the school's office.”

“Per management's estimate accel schools, llc (10251 n 35th ave, phoenix, az 85051) and kaleidoscope family solution (po box 884, bryn mawr, pa 19010) were compensated over $100,000 for management and support services respectively. Actual amounts paid are not available, payments were handled by management company (accel schools, llc) under the contract that has been terminated as of 07/01/2019.”

“Number of issued 1099 forms is estimated based on prior year's data. 1099 forms were filed by management company on our behalf. Agreement with management company has been terminated and actual number of filed forms is not available.”

“No w-2 forms issued by school. This was estimated based on prior year's information. Administrative duties including payroll reporting were handled by management company. Agreement with management company has been terminated and actual information is not available.”