Northside Charter High School

“The school uses trinet hr corporation ("trinet"), a professional employer organization ("peo"), which provides professional employer services to the school. In the peo relationship, trinet and the school share certain responsibilities and allocate other employer responsibilities individually. The school remains an employer of school's employees, and trinet is a co-employer. The school retains and exercises direction and control over them and all their activities in school's workplace. Trinet reserves a right of direction and control over employees as is necessary to fulfill its obligations and provide its services under an agreement between the school and trinet. Fee paid to trinet in fy2020 was $113,812.”

“Form 990 is reviewed by management and the finance committee of the board of trustees for approval. If changes are required, the school will then forward the form 990 to the professional accounting firm and a final version will be distributed to all board members prior to the irs submission.”

“Each trustee, officer, and employee shall sign a conflict of interest policy statement annually. No school officer or employee may have an interest, direct or indirect, in any contract with the school. Any trustee, officer or employee who has, will have, or later acquires an interest in any actual or proposed contract with the board must publicly disclose the nature and extent of such interest in writing to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. After exercising due diligence, the governing board or committee shall determine whether the school can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. The minutes of the meeting of the board or committee shall reflect that the conflict of interest was disclosed and the names of the persons who were present for discussions and votes relating to the transaction or arrangement.”

“Comparable data is used by the board when determining the compensation of officers. The board must document how it reached its decisions in minutes of the meeting during which the compensation was approved. Documentation will include: a) a description of the compensation and benefits and the date it was approved; b) a description of the comparability data relied upon and how the data was obtained. This process was last undertaken in fiscal year 2020.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 424 leonard street, 4th floor, new york, ny 11222, or by calling the organization directly at (347)390-1273.”

“Loss on uncollectible pledge -7,971.”

“The school has a finance committee that is responsible for oversight of the audit and selection of the independent auditor. The process has not changed from the prior year.”