Prairie Seeds Academy

“The school contracted with hmong american partnership (hap)/thrive education to provide day-to-day administrative and business operations of the school, including, without limitation: - implementation and administrative oversight of the school's educational program and its extra- and co-curricular activities, as approved or delegated by the board of directors; and - implementation of all human resources policies and procedures, oversight of management of all the school's staffing decisions, as approved or delegated by the board of directors. Penny vang, employee of hap/thrive, was responsible for all the day-to-day administrative and business operations of the school. In calendar year 2017, penny received $52,500 in salary and benefits from hap/thrive for these services. Bao vang, employee of hap/thrive, provided leadership, supervision and support to penny vang. In calendar year 2017, bao received $64,088 in salary and benefits from hap/thrive for these services. She reported to the board of directors and worked closely with the school's authorizer, partners and stakeholders.”

“All parents and guardians of students at the prairie seeds academy and all staff employed by the prairies seeds academy shall be eligible to vote in the elections for the board of directors.”

“The form 990 is prepared by the school's accountant. Once the form is completed, it is given to the ceo and financial manager for review before it is signed and filed. The entire board does not review the 990 prior to being filed.”

“Board members are required to annually report any potential conflicts of interest that may occur. Any potential conflicts are identified and resolved.”

“Annual market rate analysis is used to determine appropriate compensation.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Related board members per mn statute 124e.07, charter schools are required to have a licensed teacher as a member of the board of directors. Jeff culp is a board member, but received compensation for his service as a teacher.”

“Pension liabilities, deferred outflows & inflows pension: as a charter school in the state of minnesota, participation in two multiple-employer, cost-sharing defined benefit pension plans is statutorily required. The school's contributions to the plans are also regulated by statute and are based on a percentage of salaries and wages earned by current employees. Therefore, while the net pension liability, deferred outflows and inflows, are reported on the school's statement of net position, the school is not in a position to directly control the liabilities or the subsequent liquidation of the liabilities.”