Amandla Charter School

“The board chairperson and board treasurer will review the tax return in detail with the outside accountant and the executive director. A copy of the form 990 will be provided to all board members at the next board meeting after receipt of the form 990.”

“Procedure for addressing the conflict of interest: (a) an interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. (b) the chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. (c) after exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement for a person or entity that would not give rise to a conflict of interest. (d) if a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement.”

“The compensation committee meets with the executive director to discuss goals and expectations for the year. Board members are expected to memorialize particular examples of executive director action in order to accurately assess and provide specific feedback at the end of the year. The board is expected to provide continuous feedback on important milestones throughout the year as well. The executive director provides a self assessment to the compensation committee describing her work throughout the year-to-date, as well as rating her work. The board is to internally discuss the rating and examples of work and assign compensation committee members specific areas of responsibility to write up ratings and feedback. The committee will review entire rating and feedback examples and then provide comments. The compensation committee provides assessment and feedback to the exceutive director, and sets the salary goal (pending school budget) for the next year. The committee provides oral feedback to the executive director and obtains her feedback on the board and review process, additionally discussing goals and expectations for the year.”

“The amandla charter school makes its governing documents and financial statements available to the public upon request.”

“There were no changes to the audit selection process from the prior year.”