The Snake River Montessori School

“After the form 990 has been prepared, the form is reviewed at a regular board meeting by all the directors present. The preparer explains the form and provides accompanying source documentation. The directors are free to ask questions and make suggestions. All documents are provided as a hard copy or sent via e-mail to the directors for review. The form and schedules are again addressed at the next board meeting, allowing time for questions, clarifications, etc. If any changes are needed, the preparer will make the requested changes and then resubmit the form to the directors for final approval. If needed, the process can be repeated until the directors have voted to approve the form and it is submitted to the irs. Any director who is not in attendance at the board meeting receives the form, schedules and source documentation. He/she also has the opportunity to ask questions and/or offer suggestions. All parts of form 990 and all schedules are provided to the directors for review.”

“On an annual basis, each director, officer, and key employee is required to complete a "conflict of interest disclosure statement". The statement requires each signer to attest that he/she has read and understands the "srms conflict of interest policy- and to attest that neither he/she or any member of his/her family has in the past, is presently, or plans to engage in any activity that contravenes said policy. The questionnaire also includes specific questions to facilitate the disclosure of any activity or relationship that might be a conflict of interest or appearance of a conflict of interest between his/her personal interest and the interests of srms. The "srms conflict of interest policy" states those persons affected by the policy, definitions of key words and phrases, a procedure outlining the annual disclosure requirement, how to determine if a conflict of interest exists, how to address the conflict of interest, what to do when a violation of the conflict of interest policy is discovered, what is required when recording all proceedings, and the need for periodic reviews to ensure that srms operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax- exempt status. Directors of other interested persons with a potential conflict of interest may make a presentation to the board of directors, but are asked to leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest.”

“When determining compensation, the finance committee obtains local comparison information, as well as, state pay schedules, and american montessori society pay schedules. Benefits are also substantiated by these methods. Pay raises may also be determined by the cola as determined by the us dol. The finance committee uses comparability data and contemporaneous documentation and record keeping in preparing a proposed payroll for the board of directors. The review and approval by the board of directors does not include persons with a conflict of interest regarding compensation arrangements which involve the director, a family member of the director, a business relationship with the director, or any other person involved in a compensation arrangement with the director. The determining of compensation for all positions at srms is subject to these procedures and is used in all compensation arrangements.”

“When determining compensation, the finance committee obtains local comparison information, as well as, state pay schedules, and american montessori society pay schedules. Benefits are also substantiated by these methods. Pay raises may also be determined by the cola as determined by the us dol. The finance committee uses comparability data and contemporaneous documentation and record keeping in preparing a proposed payroll for the board of directors. The review and approval by the board of directors does not include persons with a conflict of interest regarding compensation arrangements which involve the director, a family member of the director, a business relationship with the director, or any other person involved in a compensation arrangement with the director. The determining of compensation for all positions at srms is subject to these procedures and is used in all compensation arrangements.”

“All governing documents, policies, financial statements, and board meeting minutes are available at the school's office. Requests can be made through the office personnel to review the documents on the school premises or to have copies mailed to them.”

“The mission of the snake river montessori school is to provide a carefully prepared montessori environment that educates and stimulates children to develop habits, attitudes, and skills for a lifetime of creative thinking and learning.”