Alta Public Schools

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determine based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action.”

“The documents are available at the business address during normal business hours upon request.”

“Return was amended to exclude ptms llc that was originally reported as a disqualified single member property holding llc. All related financial information has been removed.”

“Special education: program service expenses 396,289. Management and general expenses 0. Fundraising expenses 0. Total expenses 396,289. Selpa fees: program service expenses 468,060. Management and general expenses 0. Fundraising expenses 0. Total expenses 468,060. Substitute teachers: program service expenses 106,384. Management and general expenses 0. Fundraising expenses 0. Total expenses 106,384. Other educational consultants: program service expenses 55,162. Management and general expenses 0. Fundraising expenses 0. Total expenses 55,162. General consulting: program service expenses 91,775. Management and general expenses 0. Fundraising expenses 0. Total expenses 91,775. District oversight fees: program service expenses 0. Management and general expenses 126,888. Fundraising expenses 0. Total expenses 126,888. Management fees: program service expenses 299,296. Management and general expenses 0. Fundraising expenses 0. Total expenses 299,296. Payroll service fees: program service expenses 38,406. Management and general expenses 0. Fundraising expenses 0. Total expenses 38,406. Lacoe fees: program service expenses 0. Management and general expenses 13,532. Fundraising expenses 0. Total expenses 13,532. Security: program service expenses 22,350. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,350. Special activities: program service expenses -836. Management and general expenses 0. Fundraising expenses 0. Total expenses -836.”