City of Lakes Waldorf School

“Effective january 17, 2024, the city of lakes waldorf school board of trustees updated its bylaws to include the following statement.... Be it resolved, the board of trustees agrees to amend the city of lakes waldorf school bylaws to clarify the administrative director shall report directly to the board of trustees.”

“The process to review the 990: the treasurer, administrator, business manager and board will review the 990.”

“The conflict of interest policy stipulates that if the school wants to enter into a contract or transaction with anyone involved in the school, all personal and financial connections between the parties must be disclosed to the board of trustees or the decision-making committee. The policy applies to all trustees, employees, volunteers, contractors and organizational partners ("responsible person"). The responsible person may be present for any transaction discussion to answer questions, but must leave the room while a vote is taken. Each new responsible person shall be required to review a copy of the policy and acknowledge in writing that they have done so. Annually, all board members complete a disclosure form identifying any relationships, positions or circumstances in which they are involved that could contribute to a conflict of interest.”

“Compensation process: hiring is completed by the administrative director following a recommendation by a search committee. Teacher salaries are calculated according to a formula and salary structure and administrative salaries are determined by a salary structure and comparable to other non-profits' salaries.”

“The organization's 990 is available to the public upon request.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“The organization did not change its oversight nor selection processes.”

“City of lakes waldorf school is a not-for-profit organization incorporated in 1989 under the laws of the state of minnesota. The school provides a waldorf education for children age 18 months to 8th grade on its urban campus in the heart of minneapolis. Students reside across the twin cities, and are primarily from the minneapolis area. We strive to create and nurture a diverse learning community of children, teachers, families, and staff; recognizing and valuing individual differences while promoting and celebrating the richness of our multicultural, multi-ethnic society. Tuition represents the school's primary source of revenue.”