Kipp Minnesota

“As per MN Statute 124E.07, staff members employed at the school, including treachers providing instruction, members of the board of directors and all parents or legal guardians of children enrolled in the school are the voters eligible to elect the members of the school's board of directors.”

“The school does not have any committees that have authority to act on behalf of the governing body.”

“The school's accountant and leadership reviews the 990 prior to filing. All members of the board receive a public disclosure copy of the return prior to the filing with the IRS.”

“Each director, officer, and committee member with governing board delegated authority is required to sign an annual statement affirming they have received, reviewed, and agreed to comply with the conflict of interest policy. The policy includes a duty to disclosure clause. This clause requires that any covered individual must disclose all material facts to directors and members of committee if the existence of a conflict or potential conflict is determined. After disclosure of all facts, the conflicted individual will leave the room while the transaction is discussed and voted on. The minutes of all board and committees shall reflect the proceedings related to conflicts.”

“The executive committee performed market rate analysis to determine compensation for the executive director and all other employees as part of the annual budgeting process. Any changes to compensation are reviewed and approved by the board of directors. This review is documented within the board minutes. This process is done annually.”

“The school's governing documents, conflict of interest policy, and financial statements are maintained in the office and are made available at all board meetings, which are open to the public. All meeting minutes and any of the documents above are made available to public upon request.”

“Education services: Program service expenses 783,892. Management and general expenses 0. Fundraising expenses 0. Total expenses 783,892. Communication services: Program service expenses 49,817. Management and general expenses 427. Fundraising expenses 0. Total expenses 50,244. Consulting services: Program service expenses 329,838. Management and general expenses 138,874. Fundraising expenses 0. Total expenses 468,712. Repairs and maintenance: Program service expenses 163,415. Management and general expenses 53,777. Fundraising expenses 0. Total expenses 217,192. Other contracted services: Program service expenses 70,291. Management and general expenses 0. Fundraising expenses 0. Total expenses 70,291.”

“This process has not changed from the prior year.”