Capital Preparatory Schools Incorporated

“LISA BUFFINGTON and DONALD CROISETIERE have a family relationship.”

“Form 990 is reviewed by management and the finance committee of the board of directors for approval. If changes are required, the organization will then forward to the accounting firm and a final version will be distributed to all board members prior to the irs submission.”

“THE SCHOOL SHARES ITS CONFLICT OF INTEREST POLICY WITH BOARD MEMBERS, OFFICERS and key employees (if any) ON AN ANNUAL BASIS. OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE EXPECTED TO DECLARE IF AT ANY POINT A CONFLICT OF INTEREST ARISES. After disclosure of a potential conflict, the individual in question must recuse themselves from voting on the matter. Such matters involving the existence of conflicts of interest are documented in the minutes of the governing board.”

“The organizations board of directors retained a CONSULTANT TO PRESENT TO THE BOARD OF DIRECTORS with COMPARABLE SALARIES OF SIMILAR ORGANIZATIONS FOR A RANGE OF POSITIONS IN THE CHARTER MANAGEMENT ORGANIZATION, to dETERMINe THE COMPENSATION OF the organizations OFFICERS AND KEY EMPLOYEES (if any). this process occurred in 2016 and was documented in the minutes of the governing board.”

“The Organization makes its form 990 available for public inspection as required under section 6104 of the Internal Revenue Code. The return is posted on guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request at 275 Madison Avenue, 19th floor, New York, NY 10016, or by calling the organization directly at (917)838-3684.”

“Payroll Services: Program service expenses 0. Management and general expenses 2,167. Fundraising expenses 0. Total expenses 2,167. Contracted Services: Program service expenses 47,962. Management and general expenses 3,730. Fundraising expenses 1,599. Total expenses 53,291. Financial Management Services: Program service expenses 0. Management and general expenses 133,482. Fundraising expenses 0. Total expenses 133,482.”

“The organization has a finance committee that is responsible for oversight of the audit and selection of the independent auditor.”