Mission Preparatory

“Individual board members were able to review the 990 and compare it to the organization's financial statements and accounting reports.”

“Individual board members report and the full board discusses any potential conflicts of interest if/when they arise.”

“The process to determine the compensation of the organization's chief employed executive includes all of these elements: (1) review and approval by the board of directors or compensation committee of the organization; (2) use of data as to comparable compensation; and (3) contemporaneous documentation and recordkeeping. The process was last undertaken in may 2012: 1) review and approval. The compensation of the person is reviewed and approved by the board of directors or compensation committee of the organization, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. 2) use of data as to comparable compensation. The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated organizations. 3) contemporaneous documentation and recordkeeping. There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement.”

“These documents are available on the organization's website and on request.”

“The mission preparatory school equips kindergarten to eighth grade students with the knowledge, skills, and strength of character needed to succeed in college and serve as leaders in their communities. The mission preparatory school opened in august 2011 with 50 kindergarten students. Each subsequent year, we will enroll a new cohort of 50 kindergarteners. We will work to ensure the school merits charter renewal and continue expanding to serve grades kindergarten through eight. At full capacity, mission prep will serve a maximum of 450 students in grades k-8.”