St Edmund Campion Academy Inc

“No review by the Board as a whole has been conducted or will be conducted.”

“All documents are available to the public. The books and records are maintained at the office of St Edmund Campion Academy and at Cors & Bassett LLC. In addition, the tax returns are available to the public through Guidestar and the IRS website.”

“Arthur and Colleen Kunath are husband and wife. Kathleen McCormick is Colleen Kunaths sister.”

“The officers are in contact on a regular basis and decisions are made informally. Periodically minutes are prepared by counsel.”

“There are no committees.”

“Since all three of the officers and directors are involved in the finances of the organization and review contracts with counsel where appropriate, these activities are believed to avoid any conflict of interest. It should be noted that one of the largest payments, for rent, is to a subsidiary of the Catholic Church. The other large payments are for salaries. Salaries paid by St Edmund Campion are significantly less than teacher salaries paid by many other schools. In order to continue to operate, the ofivers and directors of St Edmund Campion Academy strive to avoid waste and misuse of funds in all events.”

“The attorney for SEC emails a copy of the Form 990 to the directors. They have the opportunity to discuss the entries among themselves, contact the attorney or contact the volunteer accountant for SEC if questions arise.”

“The tax preparer books income and expenses according to date received or expended. The volunteer clerk assisting with accounting does not book these items immediately. Therefore, over the years there has been a discrepency between tax receipts and disbursements and book receipts and disbursements. The tax preparer and volunteer accountant have reviewed all of the receipts and disbursements and have determined that with the exception of the timing differences, all income and disbursements have been accounted for.”