Millennium Charter High School

“There are no committees with the authority to act on behalf of the governing 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 then submitted to the board of directors for their review and approval prior to 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.”

“Market research is performed based on industry and size when determining compensation for officers or key employees of the organization. The board reviews and approves the compensation amounts.”

“The documents are readily available to the public upon request.”

“Consulting services: program service expenses 72,009. Management and general expenses 0. Fundraising expenses 0. Total expenses 72,009. Training and development: program service expenses 3,366. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,366. Operation and housekeeping services: program service expenses 37,956. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,956. Professional services: program service expenses 0. Management and general expenses 40,197. Fundraising expenses 0. Total expenses 40,197. Other fees: program service expenses 0. Management and general expenses 14,362. Fundraising expenses 0. Total expenses 14,362.”

“The oversight process or selection process has not changed during the tax year.”