Unknown Organization

“The school utilizes uncommon schools, inc., an unrelated 501(c)(3) organization, to provide management and other administrative suport services to the school. The school delegates hiring of certain employees, planning and executing budgets, and other financial operations to uncommon schools, inc. Josh phillips is on the school board of trustees and the managing director of uncommon rochester & uncommon troy (part of uncommon schools inc.). Uncommon schools, inc does not compensate josh phillips to be on the board of the school and his involvment with the board is on a volunteer basis. Doug lemov is on the school board of trustees and was a former employee of uncommon schools, inc. Uncommon schools, inc does not compensate doug lemov and his involvment with the board is on a volunteer basis.”

“The form 990 is reviewed by the finance director, director of operations and ceo in detail. It is then reviewed by the finance committee of the board of directors, approved and filed.”

“All new members are required to sign the conflict of interest policy. Board members are bound by fiduciary duty to disclose any conflicts. Annually a resolution is adopted reaffirming a commitment to the policy.”

“Through the annual budget process, all compensation for key employees is approved by the school board of trustees.”

“These documents are located at the organization and are available upon request. They are also available on guidestar.org via looking up true north rochester preparatory charter school.”

“Effective july 1, 2013, true north rochester preparatory charter school and true north rochester preparatory charter school - west campus merged in accordance with the approval of the charter school's board of trustees and the new york state board of regents. Effective july 1, 2013 the assets, liabilities, and net assets of west campus were transferred to the charter school.”

“Transfer of net assets from merger of true north west campus -660,771.”

“The process is consistent with prior years.”

“Effective july 1, 2013, true north rochester preparatory charter school and true north rochester preparatory charter school - west campus merged in accordance with the approval of the charter school's board of trustees and the new york state board of regents. Effective july 1, 2013 the assets, liabilities, and net assets of west campus were transferred to the charter school. True north rochester preparatory charter school - west campus did not cease using its ein for payroll submission until january 2014. Therefore 44 2013 w2 forms and 5 2013 1099 forms were issued under true north rochester preparatory charter school - west campus' ein even though the individuals were paid and employees of true north rochester preparatory charter school.”