Vip Christian Academy Inc

“The Secretary sha1l be responsible for keeping records of Board actions, including overseeing the taking of minutes at a1l board meetings, sending out meeting announcements, distributing copies of minutes and the agenda to each Board members, and assuring that corporate records are maintained.The Treasurer shall make a report at each Board meeting. Treasurer sha1l chair the finance committee, assist in the preparation of the budget, help develop fundraising plans, and make financia1 information available to Board members and the public.”

“The Board may create committees as needed. The three officers serve as the members of the Executive Committee. Except for the power to amend the Articles of Incorporation and Bylaws, the Executive Committee shall have all of the powers and authority of the Board of Directors in the intervals between meetings of the Board of Directors, subject to the direction and control of the Board of Directors.”

“To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeapordize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:a. Whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arms length bargaining.b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organizations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inumment, impermissible private benefit or in an excess benefit transaction.”

“In connection with any actua1 or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement.After disclosure of the financial and all material facts, and after any discussion with the interested person, he/shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists.meeting during the discussion of, and the vote on, the transaction or arrangement involving”

“a. A voting member of the governing body who receives compensation, directly or indirectly, from the Organization for services is precluded from voting on matters pertaining to that members compensation. b. A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the Organization for services is precluded from voting on matters pertaining to that members compensation.c. No voting member of the governing board or any committee whose jurisdiction includes compensation matters and who receives compensation, directly or indirectly, from the Organization, either individually or collectively, is prohibited from providing to any committee regarding compensation.”

“The Board is responsible for overall policy and direction of the Organization, and delegates responsibility for day to day operations to the Officers. The Board shall have up to 9 and not fewer than 3 members. The board may receive a reasonable compensation.”

“Form 990 is available to the public upon request and governing body approval.”

“The Secretary shall be responsible for keeping records of Board actions, including overseeing the taking of minutes at all board meetings, sending out meeting announcements, distributing copies of minutes and the agenda to each Board members, and assuring that coporate records are maintained.The Treasurer shall make a report at each Board meeting. Treasurer shall chair the finance committee, assist in the preparation of the budget, help develop fundraising plans, and make financial information available to Board members and the public.”

“Expenses include salaries, independent contractors, utilities, insurance, lease, food & licenses”