Perseverance Preparatory Inc

“The school has no committees that can act on behalf of the board.”

“The form 990 is prepared by the organization'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 prior to submitting to the irs.”

“Perseverance prep's conflict of interest policy, potential conflicts of interest will be disclosed upfront, and perseverance prep will not enter into contracts where there is a conflict of interest. Perseverance prep board members and executive team go through conflict of interest training on an annual basis. They ensure each board member understands their roles and responsibilities should a conflict or even a perceived conflict exist they are to recuse themselves from the conversation entirely and to return once the vote has been completed. Each board member, following the training, signs their conflict of interest and the board, secretary keeps those on file.”

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action. The discussion and compensation decision is documented contemporaneously.”

“The organization makes their governing documents available upon request.”

“Consultants - instructional: program service expenses 63,825. Management and general expenses 0. Fundraising expenses 0. Total expenses 63,825. Special education contract instructors: program service expenses 31,652. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,652. Other professional fees: program service expenses 13,581. Management and general expenses 10,512. Fundraising expenses 0. Total expenses 24,093.”