Growth Public Schools

“The organization does not have 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.”

“The organization maintains a conflict of interests policy for board members, officers, and employees. In connection with any actual or potential conflict of interests, an interested person must disclose the existence and nature of any outside interest, outside activity, and financial interest to the board of directors, or the board committee delegated the authority to receive such disclosures. Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

“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. The board must vote to approve the officers and key employees' compensation as a direct action. The process described here was last completed in 2025.”

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

“Consultants: program service expenses 462,373. Management and general expenses 289,985. Fundraising expenses 0. Total expenses 752,358. Special education instructors: program service expenses 9,126. Management and general expenses 5,723. Fundraising expenses 0. Total expenses 14,849. Other fees for services: program service expenses 67,013. Management and general expenses 42,029. Fundraising expenses 0. Total expenses 109,042.”

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