Classical Charter Schools of Americ a Inc.

“Charter day school inc. Has agreements with roger bacon academy, inc. To manage the schools under the control of the board of trustees. On july 18, 2001, charter day school entered into an agreement with roger bacon academy for management and faculty services. Roger bacon academy provides supervision and administration services for the management, operation and maintenance of the schools in accordance with the educational program as adopted by the board and included in its operational documents. The board sets the budget annually within which the schools are managed. Any documents or policies adopted by the board may be modified from time to time at the sole and absolute discretion of the board. Roger bacon academy is entitled to compensation for its services based on 16% of revenues, as defined in the management agreement. The agreement was approved by the board of charter day school, the nc state board of education, and the internal revenue service.”

“Form 990 is prepared by the company's auditors based on information in the financial statements of its annual local government commission audit. The no-findings financial statements were reviewed and unanimously approved by the board. The form 990 is reviewed by the treasurer of the corporation and the management company. A copy of the 990 is provided to the board.”

“The board of directors reviews the policy annually. If any conflicts arise they are resolved by the board of directors.”

“The cds board of trustees volunteer their service and receive no compensation. The management company reviews and recommends all compensation packages for top level positions within the budgets as approved by the board of directors. North carolina state salary scales are used as a guideline.”

“The officers of the cds board of trustees volunteer their service and receive no compensation. The management company reviews all compensation packages within the budgets as approved by the board of trustees. North carolina state salary scales are used as a guideline.”

“Governing documents, school policies, and financial statements are publicly available online or by request. Requested documents can be transmitted electronically or viewed at the headquarters of the management company, the roger bacon academy, inc.”

“Our understandings of humankind and our universe are expressed and communicated through all of our arts and sciences. Each method of expression - language, painting, music, mathematics, and science - has rules and techniques for effectively communicating these ideas and understandings. These rules and techniques are the bridges over which ideas must be communicated from one generation to the next. Thus, the mission of charter day school, through the roger bacon academy is, for the next generation, to teach the rules and techniques for effective expression and communication in the arts and sciences, to communicate, by these arts and sciences, our understandings of the universe and our role in it, and to instill a love of learning and discovery, justifying a life-long dedication to health, truth, and virtue.”