Young Scholars Kenderton

“The board of trustees may, by resolution adopted by a majority of the trustees in office, establish an executive committee to consist of two or more trustees of the corporation. The executive committee shall have and exercise all of the powers and authority of the board of trustees in the management of the business and affairs of the corporation, except that the executive committee shall not have any power or authority as to the following: 1) the filling of vacancies in the board of trustees, 2) the adoption, amendment or repeal of the bylaws, 3) the amendment or repeal of any resolution of the board, 4) action on matters committed by the bylaws or a resolution of the board of trustees exclusively to another committee of the board of trustees.”

“Wayne weisman, board secretary, and tom rebar, treasurer, are partners at scp partners.”

“Pursuant to a contract with the school, scholar academies, a pennsylvania non-profit charter school operator, exercised comprehensive management and supervision over the school's day to day operations and overall performance. Scholar academies remains accountable to the trustees of the school for its performance under this contract.”

“The finance and audit committee will review the form 990 in detail and provide any comments and recommendations before submitting it to the entire board for its review and input before it is signed and filed with the irs.”

“Any potential conflicts of interest need to be disclosed on an annual basis. The board chair follows up to be sure forms are filled out and signed on an annual basis.”

“The ceo's compensation is reviewed by the finance and audit committee of the board as part of the annual budget review proces and presented to the board for approval.”

“The school makes its governing documents, conflict of interest policy and financial statements available to the public upong request.”

“It consulting: program service expenses 32,219. Management and general expenses 4,393. Fundraising expenses 0. Total expenses 36,612. Other contracted services: program service expenses 1,048,706. Management and general expenses 143,005. Fundraising expenses 0. Total expenses 1,191,711. Payroll and benefit services: program service expenses 0. Management and general expenses 8,674. Fundraising expenses 0. Total expenses 8,674.”

“Neither the process for the oversight of the audit nor the process of selection of an independent auditor has changed during the tax year.”