Caliber Schools

“No committee has the authority to act on behalf of the 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 provided to the members of the board of directors for their review and input prior to submitting to the irs.”

“The officers, directors, and trustees all sign the conflict of interest policy. The president monitors compliance with the policy. If a conflict of interest arises, that party will report themselves to the president and recuse themselves from all discussions and decisions pertaining to the declared conflict of interest.”

“The management team performs market research based on industry and size when determining compensation for officers or key employees of the organization. The board reviews and approves the compensation amounts while documenting the discussion and decision contemporaneously. The process described here was last completed in 2024.”

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

“Professional service fees: program service expenses 2,783,039. Management and general expenses 24,734. Fundraising expenses 0. Total expenses 2,807,773. Substitute services: program service expenses 1,804,366. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,804,366. Student transportation: program service expenses 243,593. Management and general expenses 0. Fundraising expenses 0. Total expenses 243,593. Custodial services: program service expenses 461,978. Management and general expenses 0. Fundraising expenses 0. Total expenses 461,978. Other fees for services: program service expenses 259,441. Management and general expenses 489,395. Fundraising expenses 15,251. Total expenses 764,087.”

“The process did not change from prior year.”