Soleil Academy

“The organization does not have a committee with authority to act on its behalf.”

“A copy of the return will be provided to the board members either by mail or email before filing.”

“All employees, officers, and directors are covered under the organization's conflict of interest policy. All designated employees are required to annually disclose potential conflicts, as well as when they arise. Monitoring is performed regularly by the officers to identify potential conflicts of interest. The board or designated committee reviews any conflicts presented by interested parties. The chairperson appoints a disinterested person or committee to investigate the transaction in question and report findings to the board. Alternatives to the proposed transaction are identified and compared to the proposed transaction. Any questions of a conflict are addressed with the designated employee, who is required to disclose the existence of any material financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. The board votes on the most beneficial option for the organization. If the board has reason to believe an interested person has failed to disclose the potential conflict, the board will investigate further and if necessary, take appropriate disciplinary and corrective action. If a conflict of interest is identified, the organization will not enter into any contract or transaction in which a designated employee has a material interest or there will be limitations to the individual's influence on related business matters within discussion and voting. All deliberation and decisions are recorded in meeting minutes.”

“Compensation for all roles, including the executive director and other officers, is benchmarked against comparable positions at independent charter schools, large charter management organizations (cmos), and traditional school districts. This ensures compensation remains fair and competitive based on each role's job description. The management team, either independently or in collaboration with a consultant, will collect relevant data and present any recommended updates to salary scales for board review and approval. The process described here was last completed in 2023.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.”

“All other fees for svc: program service expenses 178,741. Management and general expenses 392,159. Fundraising expenses 0. Total expenses 570,900. Special education services: program service expenses 467,792. Management and general expenses 0. Fundraising expenses 0. Total expenses 467,792. After school services: program service expenses 490,896. Management and general expenses 0. Fundraising expenses 0. Total expenses 490,896.”

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