Lord Stirling Schools Inc

“Lord stirling schools, inc. Has its form 990 prepared by an outside accounting firm and has established the following review process to ensure that the information reported is complete and accurate. When the form 990 has been prepared, reviewed by management and is ready to be filed with the internal revenue service, it is provided to the members of the organizations governing body for any comments prior to its submission. The governing body is provided with a reasonable amount of time to review the form 990. Any comments are then grouped, summarized and provided through management to the outside accounting firm. Any applicable issues are addressed prior to the return being finalized and approved for filing.”

“Lord stirling schools, inc. Currently has in place a conflict of interest policy which it regularly monitors and enforces. The board mandates that all members of management and the governing body annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. If a potential or actual conflict of interest exists, the governing body and management will investigate the issue. If a conflict of interest is determined to exist management and the governing body will be notified immediately. The member will not be allowed to vote or be a part of any decisions about any such transactions that have to do with the conflict until such time there is no longer a conflict.”

“The compensation of the school's officers or key employees is reviewed and approved by the board of trustees, an independent body.”

“Lord stirling schools makes its form 990 available for public inspection as required under section 6104 of the internal revenue code upon written request at the school's office at 99 lord stirling road, basking ride, nj 07920. In addition forms 1023 as well as the financial statements, and conflict of interest policy are available upon written request at the school's office at 99 lord stirling road, basking ride, nj 07920.”

“Return of school district funds -314,651.”

“No change from the prior year.”

“As of july 1, 2020, lord stirling schools, inc. Has ceased operations as a nonprofit apssd. The school has distributed its accumulated public-school placement restricted working capital fund to each sending district board of education that has enrolled students during the school's last five years of operation. The distribution of the school's public school placement restricted working capital fund was based on the ratio of each sending district board of education's total ade in the school for the last five years of operation to the school's total ade for the same period.”