Sayre School

“Board of trustees has a nominating committee which interviews those interested in joining the board. Nominating committee recommends new members to the board of trustees for vote.”

“Form 990 is reviewed and approved by the executive committee of the board of trustees. A copy of the form 990 (omitting schedule b) is made available to trustees via board portal on the school's secured website.”

“Directors are required to sign written disclosure statement concerning any existing or potential conflicts of interest. Directors are required to notify trustees if circumstances change during the fiscal year.”

“Executive (compensation) committee reviews the contract for headmaster including comparing contract terms with other compensation arrangements for a similar position in other independent schools in the area.”

“The school's policy is to make application for tax exemption as well as form 990 available for public inspection in the school's business office during regular hours of operation. Documents are provided for review upon written request.”

“Utilities: program service expenses 319,238. Management and general expenses 0. Fundraising expenses 0. Total expenses 319,238. Personal learning program: program service expenses 229,968. Management and general expenses 0. Fundraising expenses 0. Total expenses 229,968. Summer camps: program service expenses 218,330. Management and general expenses 0. Fundraising expenses 0. Total expenses 218,330. Equipment rental & maintenance: program service expenses 6,212. Management and general expenses 126,275. Fundraising expenses 0. Total expenses 132,487. Extended day program: program service expenses 112,403. Management and general expenses 0. Fundraising expenses 0. Total expenses 112,403. Textbooks: program service expenses 109,525. Management and general expenses 0. Fundraising expenses 0. Total expenses 109,525. Development expenses: program service expenses 0. Management and general expenses 0. Fundraising expenses 63,599. Total expenses 63,599. Building maintenance: program service expenses 0. Management and general expenses 63,411. Fundraising expenses 0. Total expenses 63,411. Bad debt expense: program service expenses 0. Management and general expenses 49,977. Fundraising expenses 0. Total expenses 49,977. Auto expenses: program service expenses 0. Management and general expenses 34,545. Fundraising expenses 0. Total expenses 34,545. Parking: program service expenses 0. Management and general expenses 34,299. Fundraising expenses 0. Total expenses 34,299. Telephone: program service expenses 0. Management and general expenses 30,540. Fundraising expenses 0. Total expenses 30,540. Admissions and testing: program service expenses 22,684. Management and general expenses 0. Fundraising expenses 0. Total expenses 22,684. Dues and subscriptions: program service expenses 0. Management and general expenses 19,110. Fundraising expenses 0. Total expenses 19,110. Printing & publications: program service expenses 0. Management and general expenses 19,003. Fundraising expenses 0. Total expenses 19,003. Bank charges: program service expenses 0. Management and general expenses 16,172. Fundraising expenses 0. Total expenses 16,172. Homework clinic: program service expenses 14,529. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,529. Teacher and staff recruitment: program service expenses 12,703. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,703. Postage: program service expenses 0. Management and general expenses 11,347. Fundraising expenses 0. Total expenses 11,347. Counseling and special studies: program service expenses 4,754. Management and general expenses 3,730. Fundraising expenses 0. Total expenses 8,484. Professional advancement: program service expenses 0. Management and general expenses 4,144. Fundraising expenses 0. Total expenses 4,144. Faculty appreciation: program service expenses 0. Management and general expenses 3,800. Fundraising expenses 0. Total expenses 3,800. Miscellaneous: program service expenses 0. Management and general expenses 3,540. Fundraising expenses 0. Total expenses 3,540. Community service: program service expenses 300. Management and general expenses 0. Fundraising expenses 0. Total expenses 300.”

“The process of reviewing and approving audited financial statements by the finance committee and the board of trustees has not changed from prior years”