Avalon Academy Inc.

“The organization will allow the board members to review the tax return before it is filed.”

“A copy of the conflict of interest policy shall be given to all board members, staff members, volunteers or other key stakeholders upon commencement of such person's relationship with avalon academy. Each board member, officer, staff member and volunteer shall sign and date the policy at the beginning of his/her term of service or employment and each year thereafter. Following full disclosure of a possible conflict of interest or any condition listed in the policy, the board of directors shall determine whether a conflict of interest exists and, if so the board shall vote to authorize or reject the transaction or take any other action deemed necessary to address the conflict and protect avalon academy's best interests.”

“Compensation arrangements and benefits will be reviewed perodically by the board of directors to determine if the compensation arrangements and benefits are reasonable based on competent survey information and the result of arm's length bargaining. When conducting the periodic review, the board of directors may use outside advisors.”

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

“Cleaning supplies: program service expenses 26,151. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,151. Tuition express fees: program service expenses 11,547. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,547. Classroom supplies: program service expenses 8,695. Management and general expenses 0. Fundraising expenses 0. Total expenses 8,695. Payroll processing fees: program service expenses 6,914. Management and general expenses 768. Fundraising expenses 0. Total expenses 7,682. Food/events: program service expenses 7,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,200. Phone: program service expenses 6,134. Management and general expenses 681. Fundraising expenses 0. Total expenses 6,815. Aflac payments: program service expenses 4,288. Management and general expenses 476. Fundraising expenses 0. Total expenses 4,764. Pest control: program service expenses 4,655. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,655. Teacher training: program service expenses 3,143. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,143. Uniforms: program service expenses 1,480. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,480. Lawn care: program service expenses 1,200. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,200. Permits: program service expenses 1,181. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,181. Alarm monitoring: program service expenses 1,028. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,028. Other expenses: program service expenses 439. Management and general expenses 0. Fundraising expenses 0. Total expenses 439. Bank fees: program service expenses 139. Management and general expenses 0. Fundraising expenses 0. Total expenses 139.”

“Ppp loan forgiven 176,415.”