Hope Community Academy

“The executive committee shall consist of the officers of the corporation. The committee is commissioned by and responsible to the board in matters of emergency and in interim periods between regularly scheduled board meetings. The executive committee shall have and exercise the authority of the board in the management of the corporation, provided that such authroity shall not operate to circumvent the responsibility and authority in the board.”

“Staff members employed at the hope community academy corporation, and all parents or legal guardians of children enrolled in the school, and community members of the corporation's board of directors are eligible voters in the election of the members of the school's board of directors. Voting eligibility expires upon the end of employment for staff members, the end of enrollment of children for parents and legal guardians, and the end of board service for community members.”

“The board governance structure can be changed only: by 1) a majority vote of all teacher employed by the school, and, 2) a majority vote of the existing board of directors (at no time can an eligible voter have two votes because of board membership) and, 3) the authorizer's approval.”

“The form 990 is prepared by the academy's accountant and reviewed by management. The final form 990 is sent to the board for review.”

“All board members and employees scrupulously shall avoid any conflict between their own respective personal, professional or business interests and the interests of the academy, in any and all actions taken by them on behalf of the academy, in their respective capacities. In the event that any officer, director, employee or committee member of the academy shall have any direct or indirect interest in, or relationship with, any individual or organization which proposes to enter into any transaction with the academy, such person shall give notice of such interest or relationship and shall thereafter refrain from discussing or voting on the particular transaction in which he has an interest, or otherwise attempting to exert any influence on the academy, or its components to affect a decision to participate or not participate in such transaction. Conflicts shall be reviewed and determined by the remaining board or committee members. Proceedings related to conflicts of interest are documents in the meeting minutes or as otherwise appropriate.”

“During the school year 2013-2014, the school worked with a human resources consultant to develop an initial salary scale that was recommended to the board for approval. The consultant did a study comparison of teacher salary to other similar charter schools and traditional school districts when putting the draft salary schedule together. In school year 2015-2016, teacher salaries were increased by 5%. The compensation changes are approved when the board approved the 2015 budget as a whole. The approval was documented in the board minutes. The 2015 process included the compensation for the school director, assistance director, and business manager.”

“The academy makes its governing documents, conflict of interest policy, and financial statement available to the public upon requiest.”

“Related board members per mn statute 124e.07, charter schools are required to have licensed teachers as members of the board of directors. Mirannda mellstrom, andy grover, and patty wollfrey-flatten are board members but received compensation for their services as teachers.”

“Pension liabilities, net of pension deferred outflows & inflows: as a charter school in the state of minnesota, participation in two multiple-employer, cost-sharing defined benefit pension plans is statutorily required. The school's contributions to the plans are also regulated by statute and are based on a percentage of salaries and wages earned by current employees. Therefore, while the net pension liability is reported on the school's statement of net position, the school is not in a position to directly control the liability or the subsequent liquidation of the liability.”