Tapestry School Inc.

“Tapestry presented to its board a watermarked copy of Form 990 as part of its advance materials for a regularly-scheduled board meeting. The advance copy of the agenda also included review of the Form 990 as an agenda item. The board discussed the Form 990 during the designated board meeting, and approved the copy of Form 990 as presented during the designated meeting.”

“Tapestry requires that each board member sign and reaffirm a conflict of interest statement each year. Additionally, all board members are required to attend 10 hours of governance training on an annual basis.”

“Tapestry has one highly compensated employee, as disclosed in Part VII, Section A. The employee, who was hired as principal of Tapestry following a national search, was previously an employee in a California school system. The employee's compensation package was determined by Tapestry's Nominating and Finance committees, following an evaluation of California and Georgia pay scales, California and Georgia retirement pay, moving costs, and comparable salaries of principals of charter schools in the metropolitan Atlanta area. The employee's performance is reviewed annually by Tapestry's Academic Excellence committee, which works with the Finance committee to determine any future adjustments to compensation.”

“Tapestry makes its audited financial statements, Form 990, charter documents, board of director minutes, committee minutes, and schedule of upcoming meetings available on its website, www.tapestrycharter.org.”

“Substitute teachers 74530. 74530. 0. 0.”

“Employee testing 1930. 1930. 0. 0.”

“Food service expenses 28988. 28988. 0. 0.”

“Board training expense 2000. 0. 2000. 0.”

“Recruiting expense 1590. 1590. 0. 0.”

“Special event costs 8512. 0. 0. 8512.”

“Clubs and athletics 14064. 14064. 0. 0.”

“Instructional supplies 63622. 63622. 0. 0.”

“Support supplies 31221. 31221. 0. 0.”

“Development supplies 6105. 0. 0. 6105.”

“Postage and shipping 1525. 1525. 0. 0.”

“Photocopy expenses 12999. 12999. 0. 0.”

“Principal's fund 10411. 10411. 0. 0.”

“Software expense 14779. 13066. 1713. 0.”

“Computer expenses 6500. 3610. 2890. 0.”

“Dues and fees 1852. 1852. 0. 0.”

“Miscellaneous expense 588. 588. 0. 0.”

“Bad debt expense 1430. 1430. 0. 0.”