Oostburg Christian School Association

“We have an executive committee as well as the board who can vote on items as needed. Executive committee is made up of pres, vp, treasurer, and secretary.”

“The organization has members considered "association members".”

“The "association members" elect the members of the governing body (the board).”

“The "association members" approve budgets and can vote at association meetings.”

“Form 990 is reviewed by finance committee and submitted to the board.”

“Board members, the administrator, teachers, and office staff who have a direct or indirect financial interest, as defined below, are interested persons. Janitorial staff, van drivers, and teacher aides are not considered interested persons. A person has a financial interest if the person has, directly or indirectly, through business, investment, or family: a. An ownership or investment interest in any entity with which the school has a transaction or arrangement, b. A compensation arrangement with the school or with any entity or individual with which the school has a transaction or arrangement, or c. A potential ownership or investment interest in, or compensation. A nonfinancial interest that might influence a board member, the administrator, or teaching and office staff (the "staff") participation or vote in an action of the board or the administration: a. The person's relationship as an unpaid volunteer or board member of an organization that may be affected, directly or indirectly, by action to be taken, or not taken b. The person's personal, political, religious, friendship, or personal relationships which may be affected by an action to be taken, or not taken. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. Statements shall be signed annually. New board members/staff will sign when they start. If at any time during the year, the information in the annual statement changes materially, the member shall disclose such changes and revise the annual disclosure form. The executive committee shall regularly and consistently monitor and enforce compliance with this policy by reviewing annual statements and taking such other actions as are necessary for effective oversight.”

“Financial statements are given through reports to the annual association member meeting on an annual basis. Additionally, financial statements are made available upon request at the administrative office. School policies are also made available upon request at the administrative office.”