Method Schools

“There are no committees that have the authority to act on behalf of the board. Therefore no meeting documents for meetings held or written actions undertaken during the year by each committee exist.”

“The ceo and cfo will provide a copy of the form 990 to all board members for review and comment. Any necessary edits will be relayed to the tax preparer. Upon final approval by the ceo and cfo, the tax preparer will file the form 990 with the irs on behalf of the organization.”

“All board members and key employees of the organization are required to file an annual statement (ca form 700 statement of economic interest) in accordance with california code of regulations. The organization will review the conflict of interest policy and statements annually and when any new board member joins or key employee is hired. The ceo, cfo, and compliance manager are charged with reviewing and enforcing the conflict of interest policy. If there were any conflicts of interest, the impacted person(s) would need to recuse themselves of related approvals and transactions. The policy defines conflict of interest requirements by outlining designated positions and three disclosure categories, covering real property interests, contractors providing services or supplies, and contractors connected to specific departments.”

“The independent board of directors will approve compensation of the ceo and cbo. The board utilizes comparable data available form other public charter schools and school districts for individuals with similar responsibilities. The consideration and determination of the compensation for these employees is documented and substantiated contemporaneously. The process described here was last completed in 2024.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”