Idaho Learning Center

“During this tax year, the organization had 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 executive director of the organization is employed by cole valley christian schools and received $54,598 in reportable compensation and $10,252 in other compensation from cole valley christian schools during the year. The superintendent of the organization is employed by cole valley christian schools and received $107,203 in reportable compensation and $22,364 in other compensation from cole valley christian schools during the year. The organization has reimbursed $147,148 of these costs through the 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 any salary and benefits paid to 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 124,879. Management and general expenses 0. Fundraising expenses 0. Total expenses 124,879.”