Twin Cities German Immersion School

“All staff, families of children enrolled at the school, and interested community members are eligible to elect the members of the school's Board of Directors.”

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

“The form 990 is prepared by the accountant and is reviewed by the Director and Treasurer. The public disclosure version of the form 990 is then presented to the Finance Committee and board after filing.”

“Board members annually complete a conflict of interest statement which is reviewed and updated as necessary. If a business transaction occurs that could violate the conflict of interest policy, then a review must be made by the Director and Board of Directors with direct reference to the confict of interest policy. Individuals found to have a conflict of interest will not be permitted to vote on the transaction. Proceedings related to conflicts of interest are documented in the meetings minutes.”

“The compensation of the school diector is computed with research of comparable salaries through MACS Charter Schools by the Board of Directors and documented in a Letter of Officer. The Board of Directors evaluates the Executive Director annually.”

“The school makes its governing documents, policies and financial statements available to the public upon request.”

“Transportation: Program service expenses 352,819. Management and general expenses 0. Fundraising expenses 0. Total expenses 352,819. Communication: Program service expenses 0. Management and general expenses 18,510. Fundraising expenses 0. Total expenses 18,510. Consulting: Program service expenses 102,244. Management and general expenses 117,116. Fundraising expenses 0. Total expenses 219,360. Repairs & maintenance : Program service expenses 127,873. Management and general expenses 3,715. Fundraising expenses 0. Total expenses 131,588. Non-Ed Agency: Program service expenses 345,671. Management and general expenses 0. Fundraising expenses 0. Total expenses 345,671. Licensing: Program service expenses 23,057. Management and general expenses 0. Fundraising expenses 0. Total expenses 23,057. Special Ed services: Program service expenses 216,784. Management and general expenses 0. Fundraising expenses 0. Total expenses 216,784. Miscellaneous: Program service expenses 5,721. Management and general expenses 110. Fundraising expenses 0. Total expenses 5,831.”

“No change to the process from prior year.”