Fond Du Lac Christian School Inc

“Members approve new board members and the year's budget at an annual business meeting.”

“Budget is approved by voting members at annual business meeting”

“The form 990 will be reviewed by the bookkeeper, head administrator and board of directors before filing. A copy of the 990 is maintained in the school office and is available for review by interested parties.”

“Conflict of interest the stated policy in the board job description requires them to "guard" themselves against conflicts of interest and "to excuse" themselves whenever one arises. According to the bylaws, a member of the board is not allowed to be related to a full time teacher. The former policy means that board members individually have an obligation to recuse themselves when they have a conflict of interest. The board also goes over the board job description at the beginning of every year so that is an opportunity for anybody to be reminded and come forward with something that could be an issue. The board as a whole holds voting power so if there were ever a situation where an individual did not want to carry out their duty to recuse themselves, they could be voted down. The administrator is the one employee of the board. The administrator's job description states that he is supposed to lead with the best fiscal practices. The board is also supposed to audit the present. As such, while there are clear policies on how the administrator is supposed to handle conflicts, it is less clear on conflicts of interests in the administrator's review. However, the responsibility to operate with best fiscal practices and the board's obligation to audit are the current guides in policy that have been applied to the administrator. When decisions of the board directly impact the administrator, such as compensation adjustments, the administrator will leave the meeting in order for the board to have a closed door discussion. At board orientation, the conflict of interest policy is reviewed and members are asked to disclose anything that may be a conflict so that it can be reviewed by the collective.”

“Compensation determination for top management official 1. The board of directors reviews and approves the administrator's salary. 2. The board looks at zip recruiter for executive salary comparison. They also compared salary and enrollment numbers from previous years. They review compensation for a similar position with a similar private school (similar in enrollment and operations). The cost of living in respective areas is considered during this analysis. 3. There is a record of the board's approval of executive salary in march. 4. The board reviews executive compensation yearly since the compensation agreement covers one year. The process described here was last completed in 2024.”

“The board maintains records of all meetings. The financial statements are summarized and presented to the school families for approval each may at the annual meeting when the next year's budget is presented and approved. The treasurer, school administrator, and office manager/bookkeeper are present at the meeting to answer any questions and provide any necessary information. All documents, policies, and financial statements are maintained in the school office and are available upon request.”