Frederick Douglass Mastery Charter School

“The ceo and board of directors review the 990 before it is submitted to the irs.”

“Employees may not receive any material gain from individuals or activities outside of mastery charter school for material produced or services rendered while performing their jobs. Board members are also covered by a conflict of interest policy. Board members also provide statements of financial interest on an annual basis, which would disclose any conflicts.”

“Officer compensation is reviewed and approved annually by the board of directors. A compensation committee uses survey data and information from comparable organizations' form 990's to analyze and compare ceo compensation and make recommendations to the board for its approval.”

“The organization will make available the organization's governing documents, bylaws, conflict of interest policy and financial statements upon request.”

“Consultant services: program service expenses 191,891. Management and general expenses 0. Fundraising expenses 0. Total expenses 191,891. Substitute teachers: program service expenses 168,987. Management and general expenses 0. Fundraising expenses 0. Total expenses 168,987. Kaps placements: program service expenses 114,315. Management and general expenses 0. Fundraising expenses 0. Total expenses 114,315. Greentree program (emotional support): program service expenses 12,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,000. Professional services sped - cora/elwyn: program service expenses 270,562. Management and general expenses 0. Fundraising expenses 0. Total expenses 270,562. Paraprofessionals / 1:1 aides: program service expenses 7,400. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,400. Maps fees: program service expenses 145,976. Management and general expenses 0. Fundraising expenses 0. Total expenses 145,976. Spec ed: approved private schools: program service expenses 85,168. Management and general expenses 0. Fundraising expenses 0. Total expenses 85,168. Other purchased services: program service expenses 117,585. Management and general expenses 0. Fundraising expenses 0. Total expenses 117,585. Professional development - training: program service expenses 500. Management and general expenses 0. Fundraising expenses 0. Total expenses 500. Placement/search fees: program service expenses 0. Management and general expenses 12,000. Fundraising expenses 0. Total expenses 12,000. Bank service charges: program service expenses 0. Management and general expenses 276. Fundraising expenses 0. Total expenses 276.”

“The school is part of the public school employees' retirement system (psers), which is a governmental cost-sharing multiple employer defined pension plan that provides benefits to public school employees of the commonwealth of pennsylvania. Under governmental-wide accounting for governmental accounting standards (gasb) reporting, the school is required to record their allocated portion of the psers net pension liability, deferred inflows and deferred outflows on an annual basis since the adoption of accounting standard gasb 68 - accounting and financial reporting for pensions in fiscal year june 30, 2015. As a result of the fiscal year 2017 allocations and gasb journal entries required to be recorded, the psers pension activity resulted in a pension credit for june 30, 2017 fiscal year.”