Circle School

“Membership consists of parents and legal guardians of students enrolled in the school's programs. There is only one level of membership.”

“The membership elects the board of directors annually.”

“The membership approves the governing board's decisions related to the annual operating budget, fees charged to members, debt incurred on behalf of the school, sales of assets over 10,000, and the dissolution, merger or amending the certificate of formation.”

“The form 990 is prepared by a third party cpa firm. Upon initial completion, the form 990 is provided to the treasurer for review. The form 990 is reviewed by the treasurer. Upon receiving approval by the treasurer, the form 990 is completed for filing. The completed return is presented to the board of directors at the next board meeting and via email for absentee members. The filing copy is signed by an officer of the organization and filed with the internal revenue service.”

“The school's conflict of interest policy covers directors, principal officer, members of a committee with governing board delegated powers, who have a direct or indirect financial interest as defined in the school's policy. It is the duty of the interested person to disclose any potential conflicts of interest to the governing board or committee. Upon disclosure and discussion, the remaining board or committee members decide if a conflict of interest exists and exercises due diligence in determining if the school may obtain a more advantageous transaction or arrangement. The interested person may not be in attendance during discussion and voting of the possible conflict of interest.”

“The compensation for the executive director is determined by the personnel committee with board input. All members of the board are independent with respect to the executive director. The board uses outside data reports survey to establish the executive director's compensation.”

“The school does not compensate any other officers or key employees, except through tuition discounts for service performed.”

“The governing documents, financial statements and conflict of interest policy are made available to the public on a case by case basis upon request.”

“The circle school's mission is to foster and encourage each child's awareness and respect for her/his own unique self, within a framework of shared community ethics and knowledge, as a foundation for relevant and innovative leadership development as citizens of the world.”