Riverway Learning Community

“The organization has three membership designations: 1) enrollee members, 2) employee members, and 3) community members. Enrollment of a child in the school shall qualify the parent(s) or legal guardian(s) of such child for membership during the child's enrollment. Paid enrollment by the organization shall qualify the employee for membership during the term of their employment. Service of 20 hours of volunteer work for the organization shall qualify a person as a "community member" in the year of service. All designations shall be within one class of voting membership.”

“At each annual meeting, every family of each student, each employee, and each community member shall be entitled to one vote. The members of the organization have the authority to elect the members of the board of directors.”

“Form 990 and related schedules are reviewed by the school director and the entire board of directors during a meeting prior to submitting the return to the irs.”

“Board members and key employees annually complete a survey related to business relationships and family members that could, or do, create a conflict of interest. These are summarized and filed along with board meeting minutes. Conflicts of interest are determined by a review of the potential conflicts by the school director and the board of directors. If a conflict exists, then the conflicted board member or key employee is excluded from discussions and votes related to any potential or existing relationships involving the conflict of interest. If it is determined that conflict of interest was intentionally hidden by a board member, then the situation would be investigated and the board member could be suspended and subject to dismissal. Additionally, the remaining board members and key employees will review, for fairness, all past transactions involving the conflict of interests. If a transaction appears to lack arms-length, either to the detriment of the organization, or to the unfair advantage of the board member, then all legal remedies will be considered.”

“The process used to set the charter school director's annual salary is based on a combination of comparison to comparable charter school director's salaries through a compensation survey, years of service to the school, and attainment in the current year of predefined performance objectives set for the director personally and the organization. This process is performed by the board of directors and completed prior to the july board meeting each year. The process used to set the charter school's salary is based on comparable charter schools compensation. This process is performed by the board of directors.”

“The governing documents, conflict of interest policy and board meeting minutes are available on the organization's website. Financial statements are made available to the public upon request.”

“The board level finance committee is responsible for selecting audit bids, reviewing and approving the audit annually prior to the board of directors document review. This process has not changed from the prior year.”