La Fe Preparatory School Inc F/K/A La Fe Community Development Corporation

“The form 990 is prepared by an independent accounting firm based on the financial statements and information provided by the cfo and the accounting department of the organization. The form 990 is internally reviewed by the coo and cfo before filing.”

“Transactions with related parties where a potential conflict of interest exists or may appear to exist must be carefully handled. Such transactions should be disclosed to the governing board and evaluated to ensure they are made on a sound economic basis and in the best interest of the organization. Any director having a conflict of interest is not entitled to vote on the decision to enter into such transactions.”

“The governing documents, conflict of interest policy, and financial statements are available to the public upon written request. Person requesting will be given a copy by mail, e-mail, fax, or pickup, based on person's choice.”

“La fe preparatory school is organized to address the educational, health, and/or charitable needs of the individuals that live in the states along the border between the united states and mexico. The organization promotes community educational opportunities and welfare through schools, and community based organizations that provide innovative educational/training endeavors for student learning and success. The organization also provides affordable housing, housing counseling, community and economic development and opportunities for families and individuals.”

“This organization is comprised of two separate divisions that each maintain separate books and records. The la fe preparatory school received audited financial statements for the year ending 08/31/2024. However, the books and records for the combined entities, la fe community development corporation and the la fe preparatory school, have not been audited as a consolidated entity for the time period for the form 990.”