One Purpose School Inc

“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 submitted to the board of directors for their review and approval prior to submitting to the irs.”

“Onepurpose school adheres to the standards set forth by the political reform act, california government code 1090 and requires all board members and directors to complete a form 700 disclosing any potential financial interests. The business office, in coordination with the treasurer, then ensures that all contracts that school enters are not with a listed interest on any form 700 the school receives. The board members complete from 700 when they join, exit and annyally due march 31. If a board member identifies a financial interest, that organization is barred from entering financial or pro bono engagements with the school.”

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determine based on data provided by external charter management organizations and through comparison studies of other charter schools to ensure compensation for all is in alignment with industry standards.”

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

“Subagreement for services: program service expenses 209,887. Management and general expenses 0. Fundraising expenses 0. Total expenses 209,887. Business services: program service expenses 0. Management and general expenses 64,268. Fundraising expenses 0. Total expenses 64,268. Student health services: program service expenses 81. Management and general expenses 0. Fundraising expenses 0. Total expenses 81. Consultants- non instructional- custom 1: program service expenses 32,897. Management and general expenses 21,932. Fundraising expenses 0. Total expenses 54,829. Fingerprinting: program service expenses 0. Management and general expenses 1,683. Fundraising expenses 0. Total expenses 1,683. Payroll fees: program service expenses 0. Management and general expenses 2,474. Fundraising expenses 0. Total expenses 2,474. Professional development: program service expenses 22,178. Management and general expenses 4,060. Fundraising expenses 0. Total expenses 26,238. Special education contract instructors: program service expenses 337,609. Management and general expenses 0. Fundraising expenses 0. Total expenses 337,609. Substitutes: program service expenses 87,475. Management and general expenses 0. Fundraising expenses 0. Total expenses 87,475.”

“The process for financial statement preparation and reporting has not been changed from prior year”