Ross Valley Charter School

“There are no committees with authority to act on behalf of the governing body.”

“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.”

“As a public entity, ross valley charter school must have a conflict of interest policy approved by the marin county board. The school director, the board chair, and the treasurer have a joint responsibility to enforce this policy at all times. All employees, officers, and directors are covered under the organization's conflict of interest policy. All designated employees and common directors are required to annually disclose potential conflicts, as well as when they arise. Monitoring is performed regularly by the officers to identify potential conflicts of interest. The board or designated committee reviews any conflicts presented by interested parties. The chairperson appoints a disinterested person or committee to investigate the transaction in question and report findings to the board. Alternatives to the proposed transaction are identified and compared to the proposed transaction. Any questions of a conflict are addressed with the designated employee, who is required to disclose the existence of any material financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. The board votes on the most beneficial option for the organization. If the board has reason to believe an interested person has failed to disclose the potential conflict, the board will investigate further and if necessary, take appropriate disciplinary and corrective action. If a conflict of interest is identified, the organization will not enter into any contract or transaction in which a designated employee has a material interest or there will be limitations to the individual's influence on related business matters within discussion and voting. All deliberation and decisions are recorded in meeting minutes.”

“The treasurer conducts a review on the compensation package for officers in the geographical area to assess the reasonablness of ross valley's executive compensation package, and the compensation packages of other officers and key employees. After performance of due diligence is complete, the treasurer recommends compensation packages to the board of directors; the board then votes on the compensation packages for approval. The process described here was last completed in 2024.”

“The governing documents, conflict of interest policy, and financial statements are made available on the school's website, and upon request.”

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