Valley Charter Schools

“There are no committees that have the authority to act on behalf of the governing body.”

“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 distributed to governing board members 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, such as board members, officers, or employees, 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 process described here was last completed in 2025.”

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

“After school services: program service expenses 420,923. Management and general expenses 33,741. Fundraising expenses 0. Total expenses 454,664. All other consultants & services: program service expenses 452,130. Management and general expenses 36,243. Fundraising expenses 0. Total expenses 488,373. Contracted substitute teachers: program service expenses 195,740. Management and general expenses 15,691. Fundraising expenses 0. Total expenses 211,431. Nursing & medical (non-iep): program service expenses 6,508. Management and general expenses 522. Fundraising expenses 0. Total expenses 7,030. Other student instructional services: program service expenses 32,185. Management and general expenses 2,580. Fundraising expenses 0. Total expenses 34,765. Pd consultants & tuition: program service expenses 37,874. Management and general expenses 3,036. Fundraising expenses 0. Total expenses 40,910. Special education fees (selpa): program service expenses 113,191. Management and general expenses 9,073. Fundraising expenses 0. Total expenses 122,264. Special education services: program service expenses 916,641. Management and general expenses 73,478. Fundraising expenses 0. Total expenses 990,119. Security services: program service expenses 3,999. Management and general expenses 321. Fundraising expenses 0. Total expenses 4,320.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”