Treknorth Junior & Senior High School

“The school's members consist of parents/legal guardians of enrolled students and employees of the school.”

“All parents are sent documents for board nomination and ballots for voting during election years for all board member positions (teacher, parent, and community member).”

“The school does not have any committees that have authority to act on behalf of the governing body.”

“The form 990 is prepared by an independent accounting firm. Once the form is completed, a draft is reviewed by the accounting services provider, the executive director, and board chair prior to filing with the irs. The draft is not reviewed by the full board.”

“Annually, board members and all salaried employees complete a full disclosure, which includes the member, spouse, and close relatives to identify potential conflicts of interest. The external audit firm reviews conflict of interest forms annually. The board of directors reviews and determines if conflicts of interest exist per item per meeting. Individuals with potential or actual conflicts of interest do not vote on that matter. All proceedings related to conflicts of interest are documented in the meeting minutes.”

“The executive director compensation evaluation is reviewed and approved by the board using comparable local and like-population data. The executive director's contract was negotiated through june 30, 2028. Performance evaluations are completed by the board annually. Board officer positions are voluntary and uncompensated. Board members who are also teachers at treknorth are compensated for their teaching duties. Compensation for employees are evaluated biannually by the salary committee using local comparisons and the values of treknorth in terms of employee benefits and satisfaction. The board reviewed and approved the employee compensation in may 2025. The process described here was last completed in 2025.”

“The school makes its governing documents, conflict of interest policy, and financial statements available to the public on the organization's website and the 990 upon request.”

“Change in pension liability 90,262. Other adjustments 275. Transfered to treknorth abc -1,055,805.”

“The school follows a modified accrual method of accounting as prescribed by the minnesota department of education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.”