Urban Assembly Charter School for Computer Science

“The preparation of the school's irs form 990 and required state filings, if applicable, will be contracted out to an independent accounting firm. The board chair, principal and financial consultant will review the 990 draft. Any changes are communicated to the independent accountants and a revised draft is then forwarded to a board designee who sends a copy to each board of trustees member. Then the board of trustees will approve the tax returns prior to filing. This approval will be documented in the board minutes.”

“Board members are required to evaluate and disclose conflicts of interests on an annual basis. The orginization makes them publicly available via their website (https://www.compscihigh.org/governance/).”

“The school will review comparable data which can include compensation surveys and executive compensation reported in the irs form 990 of other charter schools. The board of trustees determines the salaries for key employees (principal). Any such decisions will be captured in the board meeting minutes. Any changes to a staff member's salary will be approved by the principal in writing or electronically and maintained in the employee file. The board of trustees is provided with a detailed supporting schedule of compensation with the annual budget. If applicable, bonus calculations, requirements, and eligibility will be approved by the board of trustees, outlined explicitly, and recorded in the meeting minutes.”

“The organization makes their governing documents, conflict of interest policy and financial statements publicly available via their website (https://www.compscihigh.org/governance/). In addition, this information is available upon written request to the organization's office.”

“Payroll services: program service expenses 0. Management and general expenses 5,706. Fundraising expenses 0. Total expenses 5,706. Erate consultants: program service expenses 0. Management and general expenses 6,000. Fundraising expenses 0. Total expenses 6,000. Curriculum services: program service expenses 0. Management and general expenses 14,248. Fundraising expenses 0. Total expenses 14,248. Other purchased / professional consulting: program service expenses 0. Management and general expenses 117,830. Fundraising expenses 0. Total expenses 117,830.”