Valley Oak Charter School

“There are no committees with the authority to act on behalf of the governing board.”

“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.”

“Human resources performs market research based on industry and size when determining compensation for officers or key employees of the organization. The board reviews and approves the compensation amounts. The process described here was last completed in 2024.”

“The documents are readily available to the public upon request.”

“Property tax: program service expenses 4,633. Management and general expenses 2,196. Fundraising expenses 0. Total expenses 6,829. Therepy: program service expenses 14,049. Management and general expenses 6,659. Fundraising expenses 0. Total expenses 20,708. Sped services: program service expenses 20,965. Management and general expenses 9,937. Fundraising expenses 0. Total expenses 30,902. Maintenance/landscape: program service expenses 8,135. Management and general expenses 3,855. Fundraising expenses 0. Total expenses 11,990. Custodial services: program service expenses 7,405. Management and general expenses 3,509. Fundraising expenses 0. Total expenses 10,914. Janitorial services: program service expenses 1,696. Management and general expenses 804. Fundraising expenses 0. Total expenses 2,500. Mindful movement: program service expenses 4,152. Management and general expenses 1,968. Fundraising expenses 0. Total expenses 6,120. Other services: program service expenses 53,856. Management and general expenses 25,526. Fundraising expenses 0. Total expenses 79,382. Enrichment: program service expenses 11,351. Management and general expenses 5,379. Fundraising expenses 0. Total expenses 16,730.”

“During the tax year, the organization changed its oversight process by selecting a different accounting firm to handle their audit.”