Blue School

“Family relationship - board chair - renee rolleri and vice chair - matthew goldman are married.”

“The members elect the members of the governing body.”

“The members elect the members of the governing body.”

“The school's policy is to present the form 990 to its board of trustees including all required supplemental schedules. Each member of the board of trustees will receive a copy of the form 990 prior to the submission of the form to the internal revenue service.”

“To ensure the school operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the school's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. Further, when conducting the periodic reviews as provided for in article vii, the school may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted.”

“The head of school and the executive director's salaries are reviewed by the executive committee of the board.”

“The school makes various of its governing documents available to the public upon request.”

“Capital contributions 1,000,000.”

“The fye 8/31/14 form 990 is being amended to include income from disregarded entities not previously reported. The following parts are amended: page 1, part i: revenue, expenses, assets and fund balances were amended to include amounts from disregarded entities not previously reported. Page 10, part iv - statement of functional expenses: management and general expenses increased by $386,288 page 11, part x - balance sheet: assets increased by $1,000,000 unrestricted assets increased by $613,712 page 12, part xi- reconciliation of assets: other changes in net assets increased by $1,000,000 schedule d, part xii - reconcilation of expenses per financial statements with expenses per tax return: increased by $386,287 schedule r - part i updated to include disregarded entities schedule r - part iii removed entities classified as partnerships to part i - disregarded entities”