Leading Edge Academy Maricopa

“Arizona Charter Solutions (an Arizona nonprofit 501(c)(3) corporation) performs the management duties for the Organization. ACS is responsible for the day to day operations of the School, subject to the ongoing oversight of the members of the Schools governing board of directors.”

“The Form 990 is distributed to all board members prior to filing the return. The management of the School and members of the board of directors review the 990 for accuracy and authorize its filing.”

“Any conflicts are disclosed prior to voting on an agenda item with conflicted members abstaining from voting. Board members and other key employees are instructed annually on the conflict of interest policy and are required to submit a signed conflict disclosure form annually. Any disclosures are reviewed by the board on an annual basis.”

“The Schools executive director and CEO are not employees of the School. Their salaries are set and paid by Arizona Charter Solutions as required by the Schools management contract with ACS. For School employees, prior obtained comparability data are reviewed and used by the board members. The Organizations legal counsel reviews all compensation agreements between the Organization and members of management who are employees. Only disinterested board members review and approve the compensation. The employee whose contract is to be approved is available to answer questions but leaves the room for the discussion and vote. Compensation is set and reviewed on an annual basis in writing. The discussion and decision are recorded in the minutes.”

“All employees of the School receive salaries based on comparability data and a schedule approved by the board of directors of the School. The procedure followed for executive officer employee compensation is also used for other officer and key employee compensation.”

“The School makes its Form 990 and Form 1023 available during normal business hours at its administrative office in Gilbert.”

“Documents that are required to be publicly available are available at the Schools adnministrative office in Gilbert during normal operating hours.”

“Other professional program services include $189,588 of professional counselors, therapists and contracted teachers and services. Other professional management and general services include $71,447 of professional teaching development services and purchased contract fees.”