New Millennium Academy

“The school contracted with hmong american partnership (hap)/thrive education to provide day-to-day administrative and business operations of the school, including, without limitation: - implementation and administrative oversight of the school's educational program and its extra- and co-curricular activities, as approved or delegated by the board of directors; and - implementation of all human resources policies and procedures, oversight of management of all the school's staffing decisions, as approved or delegated by the board of directors. Jeanene miller, employee of hap/thrive, was responsible for all the day-to-day administrative and business operations of the school. In calendar year 2017, jeanene received $35,000 in salary and benefits from hap/thrive for these services. Bao vang, employee of hap/thrive, provided leadership, supervision and support to jeanene miller. In calendar year 2017, bao received $64,088 in salary and benefits from hap/thrive for these services. She reported to the board of directors and worked closely with the school's authorizer, partners and stakeholders.”

“The academy's bylaws were re-written during fy18 to conform with current minnesota statues. The most significant changes include the following: number of directors - the board of directors shall consist of not fewer than five (5) nor more than seven (7) unrelated directors, excluding ex officio non-voting directors, if any, as determined by the board from time to time. The composition of the board shall be in compliance with minn. Stat. Section 124e.07, subd. 3 (or successor statute), provided that (a) in no circumstance will teachers comprise a majority of the board of directors, and (b) other than as set forth in the foregoing, no specific majority will be required. Powers - the board of directors shall conduct or direct the affairs of the corporation and exercise its power, subject to the limitations of minn. Stat. Chapter 317a and section 124e (or successor statutes), the articles of incorporation, these bylaws, and by any other controlling law. The board of directors may delegate the management of the activities of the corporation to others. The board may exercise all powers of the corporation and perform all acts which are not prohibited by law, by the articles or by these bylaws, all as may be amended, included by not limited to the following specific powers: a. To select and remove officers, agents, and employees of the corporation; to prescribe powers and duties for them; and to fix their compensation; b. To manage, and oversee the affairs and activities of the corporation, and to make rules and regulations; c. To enter into contracts, leases, and other agreements which are, in the judgment of the board of directors, necessary or desirable in obtaining the purposes of promoting the interests of the corporation; d. To acquire real or personal property, by purchase, exchange, lease, gift, devise, bequest, or otherwise, and to hold, improve, lease, sublease, mortgage, transfer in trust, encumber, convey, or otherwise dispose of such property; e. To borrow money, incur debt, and to execute and deliver promisso1y notes, bonds, debentures, deeds of trust, mortgages, pledges, hypothecations, and other evidences of debt and securities; f. To indemnify and maintain insurance on behalf of any of its directors, officers, employees, or agents for liability asse1ted against or incurred by such person in such capacity or arising out of such person's status as such, subject to the provisions of minn. Stat. Chapter 317 a (or successor statute) and the limitations noted in these bylaws; and g. To remove directors. Eligible voters and voting - to the extent required by applicable law, staff members who are employed by the corporation at the time of the election, including teachers, existing directors of the corporation, and parents/legal guardians of students enrolled at the school at the time of the election, may participate in the annual election of directors. Term of office - newly elected directors will be sworn into office at the regularly scheduled board meeting in july. The term of office for each director will commence at the time of swearing into office, and the term of office for each outgoing director will expire at the time the newly elected director is sworn into office. Thereafter, all elected directors shall hold office for three (3) years from the date they are sworn into office and until their respective successors are elected and sworn into office or, if earlier, their death, resignation or removal from office, provided, however, that: a. A parent/legal guardian may serve as a director only so long as the parent/legal guardian has a child enrolled at the corporation. If a parent/legal guardian disenrolls his child during his term of office, or is hired by the school as a teacher, or begins teaching at the school pursuant to a contract between the school and a cooperative, his position as director will cease immediately. The board shall note the removal of such director from office at the next regular meeting of the bo”

“To the extent required by applicable law, staff members who are employed by the corporation at the time of the election, including teachers, existing directors of the corporation, and parents/legal guardians of students enrolled at the school at the time of the election, may participate in the annual election of directors.”

“After corrections (if any) are made to the draft form 990 by the executive director and/or business manager, a public disclosure copy will be emailed to each board member for their review and feedback.”

“Board members complete and submit conflict of interest disclosures annually. Board members are reminded periodically of conflict of interest obligations, including the requirement to recuse from discussion and vote on any item that would fall into the conflict of interest category. Conflict of interest determinations are made by the executive director and school authorizer. If there would be school board deliberations/decisions involving a person with a conflict of interest, they would document the conflict, and excuse themselves from discussion and voting on these matters. All proceedings related to the conflicts of interest are documented in the meeting minutes.”

“An annual market analysis is used to determine the compensation for the administrators, and all other employees of the school as part of the annual budgeting process conducted by the board of directors.”

“The school's governing documents, conflict of interest policy, and financial statements are all available upon request.”

“Related board members per mn statute 124e.07, charter schools are required to have a licensed teacher as a member of the board of directors. Bridget mealman and heidi pendroy are board members but receive compensation for their services as teachers.”

“Pension liabilities, deferred outflows & inflows pension: 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, deferred outflows and inflows, are reported on the school's statement of net position, the school is not in a position to directly control the liabilities or the subsequent liquidation of the liabilities.”