Summit Academy Charter School

“The 990 is reviewed by the executive director. After the 990 has been approved, a copy is then forwarded electronically to each board member prior to filing with the internal revenue service.”

“Each officer, trustee, and key employee shall disclose in writing annually all conflicts to the board prior to the discussion of the underlying matter or transaction by the board and shall draw to the attention of the board such conflict at any subsequent meetings at which such matter or transaction is discussed. Following such disclosure, a trustee shall be entitled to take part in the discussions of the board concerning such matter or transaction and shall be considered in determining whether a quorum is present, but shall not be entitled to vote on the applicable matter or transaction. The question of whether a conflict exists shall, in the absence of certainty, be determined by the vote of a majority of disinterested directors present at the meeting called for the purpose of discussing the transaction or matter to which the conflict relates.”

“The board of directors of summit academy charter school determined and approved the salaries of the executive director and principal of the school to ensure salaries are comparable with those of other schools within the city in which the school operates.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Our mission: summit academy charter school bridges the gap between aspirations and realities by preparing 6th through 12th grade students to gain acceptance to, excel in and graduate from college by using three pillars of success: mastery of core subjects, character building, and community leadership. By engaging students with an academically rigorous, college-preparatory curriculum and supporting them in a community focused on high academic achievement and strong character building, summit academy will prepare our young people to participate meaningfully in the greater economy and expand their choices and opportunities. Our vision: summit academy develops academic excellence, instills character, and cultivates leadership. Our academic program and college preparatory curriculum are structured to accomplish two goals: (1) student acquisition and mastery of basic literacy, numeracy, and writing skills and (2) student application of basic skills to synthesize, analyze, apply, and make inferences about content that is more challenging and complex. Students will be able to answer the what, why and how in all subject areas. Staff, students, families and the community are involved in the educational process to create a safe, supportive environment where students are motivated to learn and believe that success is attainable. Everyone honors and respects the difference and uniqueness of each individual while developing a sense of responsibility toward themselves, their school community, and the community at large.”

“Professional fees: program service expenses 536,718. Management and general expenses 160,297. Fundraising expenses 15. Total expenses 697,030.”

“The board has not changed its process for selecting the independent auditor nor have they changed the oversight of the audit from prior years.”