Classical Charter Schools

“Lester long, executive director, has a family relationship with jacqueline davis, director of curriculum.”

“The organization used adp totalsource, a professional employer organization ("peo"), from july 1st, 2017 through may 31, 2018. As a professional employer organization, totalsource provides professional employer services to classical charter schools. In the peo relationship totalsource and classical chater schools share certain responsibilities and allocate other employer responsibilities between each other. Classical charter schools remains an employer of the worksite employees and totalsource is a co-employer of classical charter schools' employees. Classical charter schools has: direction and control over employees as is necessary to conduct its business, discharge and fiduciary responsibility it may have, or comply with any applicable licensure, regulatory or statutory requirement of classical charter schools. Control over the day to day job duties of employees and over the job sites at which, or from which employees perform services. Totalsource reserves a right of direction and control over employees as is necessary to fulfill its obligations and provide its services under an agreement between classical charter schools and totalsource. The total amount of service fee paid to adp totalsource for the tax year ending 06/30/18 is $323,333.”

“Form 990 is reviewed by management and the finance committee of the board of trustees for aproval. If changes are required, the school will then forward to the auditing firm and a final version will be distributed to all board members prior to the irs submission.”

“Upon joining the board of directors and annually thereafter, each member of the board of directors shall sign the classical charter schools conflict of interest disclosure policy. All trustees and officers shall disclose any relevant interest which may pose conflict of interest questions. Disclosure shall include any interest, financial or otherwise, in any corporation, organization, or partnership which provides professional or other services to the corporation. Disclosure statements shall be available to any trustee and officer of the organization on request. When any matter comes before the board or any committee of the board in which a trustee has an interest, that interest shall be immediately disclosed to the board or committee. No trustee shall vote on any matter in which he or she has an interest.”

“Performance review and comparable data are used by the board when determining and approving the compensation of officers and key employees. The process was last conducted and documented in 2017.”

“Upon request, the school makes available to the public its governing documents, conflict of interest policy, and financial statements.”

“Loss on disposal of asset -54,290.”

“The school has a finance committee that is responsible for the oversight of the audit and selection of the independent auditor.”