Great Hearts America

“The 990 is prepared by an external cpa firm and is reviewed internally by the cfo. After completing the cfo review, the return is finalized and then sent to the board of directors for review.”

“Board members, officers and all employees complete and sign a conflict of interest agreement. These agreements are reviewed by human resouraces and any conflicts are identified and reported to the auditors and the board to monitor.”

“The board determines and approves the compensation of key staff.”

“Employees and faculty are determined based on independent compensation studies and salaries of comparable non-profit organizations.”

“The governing documents, conflict of interest policy, and financial statements are available both at the meeting or following the meeting and upon request.”

“Great hearts is a non-profit network of public charter schools dedicated to improving education nationwide through classical preparatory k-12 academies. A great hearts education prepares students to be more than just proficient test takers, but rather, to become great-hearted leaders capable of success throughout their higher education and professional careers. With a curriculum built upon a classical liberal arts tradition and a revolutionary approach to school itself, great hearts cultivates the hearts and minds of students in the pursuit of truth, goodness and beauty.”

“Line 2a: all payroll, payroll taxes and benefit plans are centralized through greathearts arizona (ein 20-2036133). Therefore, greathearts arizona files payroll tax returns under their employer tax identification number reporting all payroll activity. Payroll related expenses reported on this return represents an allocation of salaries and wages paid by the entity.”