Inspired Teaching Demonstration Public Charter School

“The organization's bylaws were amended and restated in 2014 to incorporate the following changes: section 4 - chairman may serve successive terms of no more than 4 terms cjanged to no more than 6 terms and section 18 added on ethics and conflicts of interest and officer's name changed from "president" to "executive director".”

“The form 990 not-for-profit information tax return is processed by an outsourced consultant. Once prepared, a draft of the tax return is provided to the executive director of the public charter school as well as the outsourced bookkeeper. Any items which require further discussion are addressed in this draft phase. Once all items have been adequately addressed by the executive director, the draft is then forwarded onto the finance committee of the board of directors. Any concerns from the finance committee are addressed and then the executive director authorizes the filing with the internal revenue service. Once filed, a copy of the 990 tax return is provided to the full board at which time it is approved at the next regularly scheduled meeting.”

“Annually, board members and key staff complete a conflict of interest disclosure form identifying any relationships or circumstances which the board or key staff believe could contribute to a conflict of interest. A. Prior to board action on a contract or other transaction involving a conflict of interest, a board member having a conflict of interest shall disclose all facts material to the conflict of interest. Such disclosure shall be reflected in the minutes. B. A person who has a conflict of interest shall not participate in the decision except to disclose material facts and to respond to questions. C. A person who has a conflict of interest may not vote on the contract or transaction. D. Key staff members who have a conflict of interest with respect to a contract or transaction that is not the subject of board action shall disclose to the executive director any such conflict of interest. That staff member shall refrain from any action that may affect the charter school's participation in such contract or transaction.”

“Executive director - the founding board of directors reviewed salaries of executive directors of other public charter schools based in the district of columbia as well as benchmarks published by the ssociation of charter schools. The board of directors approved the executive director's annual compensation prior to employment at a scheduled board meeting. Other key employees - the executive director, acting under compensation guidelines established by the board of directors evaluates positions and performance of the staff. Salaries are set based on comparisons from similar organizations. The last compensation review was on may 18, 2015.”

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