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 38940. 38940. 0. 0.”

“Employee testing 1698. 1698. 0. 0.”

“Food service expenses 46842. 46842. 0. 0.”

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

“Recruiting expense 2337. 2337. 0. 0.”

“Clubs and athletics 23906. 23906. 0. 0.”

“STEAM supplies 5772. 5772. 0. 0.”

“Instructional supplies 34736. 34736. 0. 0.”

“Library supplies 3823. 3823. 0. 0.”

“Support supplies 35923. 20889. 0. 15034.”

“Photocopy expenses 18562. 18562. 0. 0.”

“Principal's fund 10283. 10283. 0. 0.”

“Software expense 80056. 74983. 5073. 0.”

“Computer expenses 25036. 14286. 10750. 0.”

“Dues and fees 3588. 2150. 0. 1438.”

“Miscellaneous expense 4590. 4590. 0. 0.”

“Bad debt expense 8235. 8235. 0. 0.”