Dreams for Schools

“Board members and executive staff are required to disclose the existence of financial or other beneficial interests on an annual basis. Board members also disclose when potential conflicts materialize during the year. When processing transactions and arrangements, staff flag any potential conflicts of interest in light of these disclosures. If a potential conflict exists, the person with the potential conflict is given the opportunity to disclose all material facts for consideration of the governing board, who then exercise due diligence to determine if any conflict exists.”

“A draft of the form 990 will be reviewed by the board. The final copy of the form 990 will be forwarded to all members of the board before it is filed with the irs.”

“Board members and executive staff are required to disclose the existence of financial or other beneficial interests on an annual basis. Board members also disclose when potential conflicts materialize during the year. When processing transactions and arrangements, staff flag any potential conflicts of interest in light of these disclosures. If a potential conflict exists, the person with the potential conflict is given the opportunity to disclose all material facts for consideration of the governing board, who then exercise due diligence to determine if any conflict exists.”

“A review of competitive and comparable salaries was used. The board reviewed and discussed the information before making the final determination.”

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

“Management and general expenses- training expenses $29 school and office supplies $9648 program service expenses- entertainment exp $4558 training exp $2972 program supplies $36111 school and office supplies $11636”

“This is grant received that has to be used over three years. Currently, the cash is restricted until the purposes of the grant is completed.”