Jackson Hole Classical Academy Inc

“Directors lynn and polly friess have a family relationship.”

“The board reviews a draft copy of the 990 before filing and is given the opportunity to make comments or ask questions.”

“The purpose of the conflict of interest policy is to protect the interests of jhca when contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or director of the organization. Any director, principal officer, or member of a committee with governing board delegated powers, who has a direct or indirect financial interest has a duty to disclose any actual or possible conflict of interest. After the disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. Each director, principal officer and member of a committee with governing board delegated powers shall sign annually a statement which affirms that they have received a copy of the conflict of interest policy, has read and understands the policy, agrees to comply with the policy, and understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.”

“The board reviews and approves managing employee's compensation. Compensation for management level employees is determined using the local market rate and other external services such as payscale, glassdoor, etc.”

“Governing documents are made available to the public upon request. Requests can be sent to wipfli.”

“The organization engaged wipfli to review its financial statements. At the time of the filing this 990, the review was not complete.”