Veritas Classical Christian School

“Veritas Classical Christian School (Veritas) is governed by a Board of Directors. It is deemed a vital and a fiduciary duty of the Board under its duty of care to Veritas to review the Form 990 prior to its being filed with the IRS. The following process will be followed in order for this review to be carried out on a timely basis. Once the Form 990 is prepared, it will be sent electronically to all Board members. All Board members are responsible to review the Form 990, taking this opportunity to provide Veritas with essential, hands-on leadership. The Directors will electronically send comments concerning Form 990 or a simple statement of approval to the Board Treasurer. The Treasurer is responsible for documenting the date of the verbal communication. The Treasurer will make copies of all communication from the Directors to send to the Business Manager. These copies will be retained with Veritas' copy of the Form 990.”

“The following statement is included on all Purchase Request forms, check Request forms, and Reimbursement Request forms "In accordance with the Conflict of Interest Policy, I do not stand to benefit from this transaction other than what has been disclosed in the space below". All disclosures are monitored and addressed by the Business Manager. The Conflict of Interest Policy, along with a Conflict of Interest Disclosure form, is distributed annually to all Board members, employees, and volunteers who authorized expenditures, or are involved with school budget. Board members, employees and key volunteers must complete a Conflict of Interest Disclosure form on an annual basis.”

“Compensation of the Head of School and any future employee who reports to the Board of Directors, or has a similar level of authority and compensation package is governed by the School's Executive Compensation Policy and Procedures, which includes the following: Executive Compensation will be within the normal range for a comparable position for independent schools. All compensation to executives will be approved by the Executive committee of the Board of Directors. Executive compensation will be paid according to a written contract. All reimbursements or allowed expenses incurred by any executive or Director will be paid upon compliance with Veritas' stated reimbursement policy, which includes the requirement of supporting documentation prior to reimbursement.”

“Veritas makes their Form 1023, Recognition of Exemption under Section 501(c)(3) of the Internal Revenue Code, Form 990, Return of Organization Exempt from Income Tax, and prior year end financial statements which report the information presented on the most recently filed Form 990 available to the public upon written request.”

“These documents are available to the public upon written request.”

“The organization has not changed their audit oversight process during the year.”