Options for Youth - Duarte Inc

“The organization receives management services from its cmo, propel, a charter management group, inc. Which include business management , operational leadership, quality assurance, and training.”

“There are no committees that act on behalf of the board.”

“The form 990 is prepared by the school's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

“The organization distributes a written conflict of interest policy and code of ethics that applies to all employees. Directors are prohibited from owning any interest in any entity with which the organization engages in any business or contractual relationship of any kind, and are required to disclose any conflicts of interest to the board. Additionally, the organization periodically solicits bids for contracts from a pool of vendors and as a result performs due diligence as to the same vendor multiple times. This frequent contact allows for more continuous monitoring of potential conflicts. Contracts with any vendor related to a director or officer are considered related party transactions and are reviewed by the board with a high level of scrutiny. Conflicts are required to be disclosed to the board prior to the discussion of the proposed contract, and the related party is prohibited from any discussion or voting in connection with the contract. The board determines whether the contract provides the goods or services that are most needed by the organization and whether the best price for such goods or services is being obtained in comparison with the proposed contract. If there is a question as to whether a conflict exists, the board holds a vote to determine whether a conflict is deemed to exist, with any interested director or officer excluded from the proceedings.”

“The organization's governing documents, conflict of interest policy, and recent federal income tax returns are made available for public inspection at the organization's principal office during normal business hours.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”