Idaho Learning Center

“The organization has a contract with cole valley christian schools, a ministry of cole community church, to provide day-to-day management services. These services include hiring, firing, and supervising personnel, planning and executing budgets and financial operations, and supervising the organization. The secretary of the organization's board is employed by cole valley christian schools and received $67,877 in reportable compensation and $22,970 in other compensation from cole valley christian schools during calendar year 2017. The executive director of the organization is also employed by cole valley christian schools and received $47,958 in reportable compensation and $7,840 in other compensation from cole valley christian schools during calendar year 2017. From july 1 to december 31, 2017, the organization has reimbursed $69,669 of this cost through a management contract.”

“The executive director reviews the tax return before it is filed and provides access to copies to the board of trustees. The executive director also leads a discussion at the next board meeting covering in detail information reported on the tax return.”

“To ensure that conflicts of interest do not exist, members of the board disclose new activities verbally to other board members at regular board meetings. Any concerns arising would also be discussed at board meetings. These discussions are documented in board minutes. The executive director is responsible for oversight to ensure no conflicts of interest arise, and to document any such conflicts and how they were resolved.”

“The board of directors determines the salary and benefits of the executive director, using comparison data to similar local organization's salary and benefit schedule.”

“Form 1023, forms 990, governing documents, conflict of interest policy, and financial reports are maintained at the organization's place of business. These documents are made available to members of the public upon request.”

“Contract labor: program service expenses 144,499. Management and general expenses 1,470. Fundraising expenses 0. Total expenses 145,969.”