Bread of Life Christian Academy Corp

“Annually, the President/CEO reviews the Form 990. The President/CEO reviews the Form 990 for items related to the organizations mission and significant activities, financial health, executive compensation, insider transactions, types of expenses, unrelated business activity, relationships among board members and officers and lobbying and electioneering activity.”

“The board, officers and management employees shall exercise the utmost good faith in all transactions involved in their duties, and they shall not use their positions or knowledge gained therefrom for their personal benefit. The interest of the Organization must be their first priority in all decisions and actions. Disclosure in the Organization must be made to the President/CEO (or if she or he is the one with the conflict, then to the Board Chair) who shall bring the matter to the attention of the Board or duly constituted committee thereof. The Board or duly constitued committee thereof shall determine whether a conflict exists and in the case of an existing conflict, whether the contemplated transaction may be authorized as just, fair and reasonable.”

“Annually, the Executive Board evaluates the Executive Director in his/her performance. The Executive Board obtains research and information to make a recommendation for the compensation of the Executive Director based on a review of comparability data. The data includes compensation levels and benefits for similarly qualified individuals in comparative positions at similar organizations. Upon final determination of findings, compensation is established. All negotiation authority as to the CEOs compensation shall be vested in the Executive Board and then approved by the full Board of Directors.”

“Annually, the Executive Board evaluates the key employees in his/her performances. The Executive Board obtains research and information to make a recommendation for the compensation of the key employees based on a review of comparability data. The data includes compensation levels and benefits for similarly qualified individuals in comparative positions at similar organizations. Upon final determination of findings, compensation is established. All negotiation authority as to the key employees compensation shall be vested in the Executive Board and then approved by the full Board of Directors.”

“All documents as required by law will be made available to the public for review upon request. Such documents to be made available include, but are not limited to: IRS determinatin letter, annual reports, audits and IRS Form 990. If the request for any of these documents is made in person, the requested documents will be provided on the day of the request, if possible. If the request is in writing (including e mail), copies will be provided within 30 days of the request. Electronic copies will not be provided.”