Ednovate Inc

“The organization does not have any committees that have the authority to act on behalf of the board.”

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is provided to the board for comment before submitting to the irs.”

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The process described here was last completed in 2024.”

“The required documents are available at the business office during normal business hours upon request.”

“Professional services: program service expenses 3,649,783. Management and general expenses 954,058. Fundraising expenses 0. Total expenses 4,603,841. Contracted education services: program service expenses 1,290,484. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,290,484. Special education services: program service expenses 1,336,662. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,336,662.”

“The process has not changes from prior year.”