Pete Seeger Renaissance Charter School

“The ongoing or permanent board of directors shall be elected before the school completes its third year of operation. Staff members employed at the school, including teachers providing instruction under a contract with a cooperative, members of the board of directors, and all parents or legal guardians of children enrolled in the school are the voters eligible to elect the members of the school's board of directors. The ongoing board of directors shall be comprised of at least one minnesota licensed teacher employed at the school, at least one parent/legal guardian of a child enrolled at the school, and at least one community member who is neither employed at the school nor has a child enrolled at the school.”

“Certain amendments to the governing documents must be approved by the school's authorizer.”

“The school did not have any committees with authority to act on behalf of the governing body.”

“The form 990 was prepared by an independent public accountant. The school's board will review a copy of the form 990 prior to filing with the irs.”

“The school's conflict of interest policy covers the members of the board of directors, officers, agents, and family members. Potential conflicts will be disclosed in writing to the commissioner of education. Individuals with a potential conflict do not participate in the selection, award, or administration of any transaction where a conflict of interest is determined to exist by the commissioner of education or remaining board members that are independent of the transaction.”

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

“Other fees for services: program service expenses 0. Management and general expenses 52,635. Fundraising expenses 0. Total expenses 52,635. Board consultant: program service expenses 0. Management and general expenses 83,208. Fundraising expenses 0. Total expenses 83,208.”

“The school follows a modified accrual method of accounting as prescribed by the minnesota department of education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.”