Riverwalk Academy Inc.

“The board of directors is presented a copy of the return for approval prior to filing, once approved the board authorizes the chairman to sign the return and file.”

“A conflict of interest questionnaire is distributed as part of the annual audit. In the event of a potential conflict that person will recuse himself/herself from all discussions and/or vote on the matter in question.”

“Salary and benefits are determined based upon local market comparison for like schools and educational non profits. Total compensation packages are approved by the full board. Also, the school district reviews and audits the oraganization's budget, including the reasonableness of salaries. Salary discussions are made in executive session and results are documented in board minutes.”

“Governing documents, conflict of interest policy, and financial statements are available upon written request.”

“Health services : program service expenses 125. Management and general expenses 0. Fundraising expenses 0. Total expenses 125. Staff development & training : program service expenses 54,640. Management and general expenses 0. Fundraising expenses 0. Total expenses 54,640. Other services/fees : program service expenses 8,706. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,706. Instructional services : program service expenses 50,936. Management and general expenses 0. Fundraising expenses 0. Total expenses 50,936. Psychological services : program service expenses 45,991. Management and general expenses 0. Fundraising expenses 0. Total expenses 45,991. Speech services : program service expenses 32,013. Management and general expenses 0. Fundraising expenses 0. Total expenses 32,013. Guidance services : program service expenses 3,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,000. Curriculum development services : program service expenses 859. Management and general expenses 0. Fundraising expenses 0. Total expenses 859. After school program : program service expenses 661. Management and general expenses 0. Fundraising expenses 0. Total expenses 661. Exceptional services constracted se : program service expenses 100,619. Management and general expenses 0. Fundraising expenses 0. Total expenses 100,619. Administrative staff training : program service expenses 0. Management and general expenses 4,735. Fundraising expenses 0. Total expenses 4,735. Architectural : program service expenses 0. Management and general expenses 4,145. Fundraising expenses 0. Total expenses 4,145.”

“Other expenditures : program service expenses 0. Management and general expenses 13,149. Fundraising expenses 0. Total expenses 13,149. Membership dues & fees : program service expenses 0. Management and general expenses 5,732. Fundraising expenses 0. Total expenses 5,732. Small equipment : program service expenses 0. Management and general expenses 3,897. Fundraising expenses 0. Total expenses 3,897. Supplies : program service expenses 0. Management and general expenses 3,745. Fundraising expenses 0. Total expenses 3,745. Bank fees : program service expenses 0. Management and general expenses 2,398. Fundraising expenses 0. Total expenses 2,398.”

“The board of directors oversees the audit process and the process did not change during the current year.”