International Council Advancing

“Membership in icaisa is open to independent school accrediting bodies that meet the accreditation requirements set forth in the criteria for effective accreditation practices and other established responsibilities of membership. The organization shall have the following classes of members: full members (voting members), provisional and associate members (non-voting members). Each accrediting body shall be represented by its executive director.”

“Directors shall be elected by the icaisa voting members.”

“The membership of icaisa shall have final authority and vote on the approval of dues, the admission of new members, the removal of members, the election of officers and directors, and amendments and changes to bylaws.”

“The organization hired an outside accounting firm to prepare the 990. Prior to filing the board of directors members are provided with electronic copy of the form 990 draft for their review. The finance committee of the board meets to review the form 990 in detail and approves it.”

“Each officer, director, councilor, volunteer, employee, or agent shall annually sign a conflict of interest disclosure statement. All actual, potential, or apparent conflicts of interest must be disclosed annually to icaisa on this form, or at any time such a conflict may arise. In the event of a conflict of interest, the officer, director, councilor, volunteer, employee, and/or agent has a duty (i) to disclose the conflict to icaisa (the chair or the board of directors); (ii) to refrain from engaging in the discussion or the action under consideration, unless the chair or board of directors has questions of such person); and (iii) to recuse him or herself from any vote on the action before icaisa or the board of directors. No officer, director, councilor, volunteer, employee, or agent of icaisa shall make or participate in any decision, review, or evaluation in which that person has a financial interest of any kind, whether disclosed or undisclosed.”

“The organization utilizes comparability data to determine the executive director's compensation such as various compensation studies. Specifically, the organization references data from the independent school association network (isanet) and the national association of independent schools (nais) to compare the executive director's salary. The board approves both the compensation and employment agreement for the executive director. This process is conducted annually and is documented in the board minutes.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is also posted on guidestar.org and other similar types of websites. In addition, articles of incorporation and by-laws are also available upon written request.”

“The organization has a finance committee that assumes responsibility for oversight of the review of its financial statements and selection of an independent accountant.”