Ascend Learning Inc.

“Form 990 is reviewed by management and the board of trustees for approval. If changes are required, the organization will then forward the form 990 to the auditing firm and a final version will be distributed to all board members prior to the irs submission.”

“The school shares its conflict of interest policy with officers, key employees, board members, and all other employees. Officers, key employees, board members and all other employees are expected to delcare if at any point a conflict of interest arises. After disclosure of a conflict, the individual in question must recuse themselves from voting on the matter. Such matters involving the existence of conflicts of interest are to be documents in the minutes of the governing board. In addition, the board of trustees sign an annual conflict of interst disclosure form.”

“For officers, key employees, board members, and all other employees, an annual meeting is held to review performance, scope of work (i.e. Size of school), salary comparables from nyc public schools, and national charter schools and determine compensation for the following year. This happens annually and is documented in the board minutes. The last time this occurred was in 2017.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on guidestar.org. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 205 rockaway parkway, brooklyn, ny 11212, or by calling the organization directly at (347)464-7600.”

“Recruiting: program service expenses 307,572. Management and general expenses 429,384. Fundraising expenses 0. Total expenses 736,956. Consultants - education: program service expenses 43,445. Management and general expenses 4,827. Fundraising expenses 0. Total expenses 48,272. Payroll services: program service expenses 19,527. Management and general expenses 2,170. Fundraising expenses 0. Total expenses 21,697. Development consultants: program service expenses 0. Management and general expenses 20,435. Fundraising expenses 0. Total expenses 20,435. Executive consultants: program service expenses 1. Management and general expenses 675,234. Fundraising expenses 0. Total expenses 675,235. Curriculum & facilities consultants: program service expenses 0. Management and general expenses 243,603. Fundraising expenses 0. Total expenses 243,603. Admin/temp staffing services: program service expenses 0. Management and general expenses 5,075. Fundraising expenses 0. Total expenses 5,075.”

“The audit committee is responsible for oversight of the audit and selection of the independent auditors.”