Urban Dove Team Charter Schools

“Urban dove, inc. Served as the charter management organization for the school and was charged with providing a variety of services, including financial management, curriculum, strategic planning, and payroll/hr. $1,519,542 was incurred for cmo services in fiscal year 2022.”

“The form 990 is prepared by an outside accounting firm. It is reviewed by management and the finance/audit committee of the board of trustees for review. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the irs.”

“The organization shares its conflict of interest policy with board members, officers, and all employees as part of their regular meetings. Officers, board members, and employees are expected to declare if at any point a conflict of interest arises. When a board member, officer, and all employee becomes aware that he or she, or his or her relatives or related entities, may be involved in a conflict transaction, he or she shall immediately disclose in writing the existence and material facts of the conflict transaction, including the details of any financial interest, to the chair of the board. The interested person leaves the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. Annually, all interested persons shall sign a statement of affirmation stating that they have received a copy of the conflict of interest policy, and agree to abide by it. The minutes of the meeting of the board considering the conflict transaction shall be documented contemporaneously.”

“Each year, the executive committee reviews comparable salaries for the school leaders which includes a review of their performance compared to previously determined goals and metrics, as well as comparable compensation data for the charter school sector. After a deliberation of this matter, a new proposed salary and benefit package is voted on. The minutes of the board of directors reflect the nature of this process.”

“The organization makes available to the public its governing documents, conflict of interest policy, and financial statements upon request.”

“The organization has a committee that is responsible for oversight of the audit of its financial statements and selection of an independent accountant. The process has not changed from the prior year.”