Alder Graduate School of Education

“Any committee, to the extent provided in the resolution of the board or the bylaws, shall have all the authority of the board. There are four standing committees including: audit, finance, governance and nominating and academic affairs.”

“The organization has one sole corporate member, aspire public schools.”

“The organizations sole member has absolute discretion and the right to approve or disapprove the selection of the initial board, up to a non-majority of the board.”

“The organizations sole member has absolute discretion and the right to approve or disapprove on governance matters including mergers, dissolutions, the removal or election of the ceo, among others.”

“The form 990 will be presented to the audit committee for review prior to submission.”

“Ceo: for the may 2016 board meeting, the cfo and a board member gathered compensation data on ceo's of comparable organizations. This was reviewed and discussed along with the performance of ceo's based on goals set forth at beginning of year. The board unanimously decided to approve ceo's fy 16/17 compensation presented by cfo and board member. Other employees: each year in advance of the may board meeting, the ceo will review officers compensation compared to market, the officer's qualification, and the organization expected budget for the following year to present final salaries to be approved by the board. This process was undertaken in 2016.”

“Financial statements are available on our website. Other documents are made available upon request.”

“Other professional services: program service expenses 0. Management and general expenses 47,682. Fundraising expenses 0. Total expenses 47,682. Educational services: program service expenses 0. Management and general expenses 608,461. Fundraising expenses 0. Total expenses 608,461.”

“The process was implemented for the fy 15/16.”