Ohio Construction Academy

“For clarification here and related part ix, the academy does not have employees as the staff members are employees of summit academy management.”

“In exchange for 100% of all school revenue, summit academy management (sam) is responsible for all costs and most day-to-day decisions associated with operating the school. Such costs and decision areas include, but are not limited to: personnel (all teaching and administrative personnel are employees of sam); insurance; pension and retirement benefits; curriculum materials, textbooks, computers and other equipment, software, and supplies; as well as utilities, janitorial services, legal and financial management services. Sam is also responsible for providing and maintaining the school's educational facility.”

“The organization does not have committees with authority to act on behalf of the governing body.”

“The completed form 990 and related schedules are reviewed by the treasurer of summit academy management. After electronic submission to the irs, the treasurer will notify the board members and the return will be available upon request.”

“The academy's ethic and conflict of interest policy (#1450) states the members must disclose their interests as stated in the earlier portion of the policy for confilcts. If a conflict of interest is believed to have occured, the governing authority shall inform the member of the possible conflict, hold a hearing where the member may explain the failure to disclose the conflict of interest. If a conflict is found, the school shall disipline the member up to, and including, dismissal and remedy the conflict civil or criminal sanctions may also be found.”

“The academy makes its governing documents, conflicts of interest policy and financial statements available to the public. These documents are public records in accordance with state statute and in accordance with academy policy. Anybody can request a copy of these documents or anybody can request to inspect these documents during business hours. In addition, anybody can request a copy of or to inspect the documents from any academy employee. Regarding the financial statements, statute requires that a notice be published in a local newspaper as a legal ad that informs the public the financial statemens are available for public inspection or as a copy.”

“The organization will make its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Purchased services: program service expenses 312,744. Management and general expenses 55,190. Fundraising expenses 0. Total expenses 367,934.”