Leading Edge Academy Queen Creek

“Arizona Charter Solutions (ACS)(an Arizona nonprofit 501(c)(3) corporation) performs the management duties for the Organization. ACS is responsible for the day to day operations of the School, subject to the ongoing oversight of the members of the Schools board of directors.”

“The School separated from LEAD Charter Schools during the fiscal year, which required a change in the bylaws to reflect differences in the new operations.”

“The Form 990 is distributed to all board members prior to filing the return. The management of the School and members of the board of directors review the 990 and authorize its filing.”

“Any conflicts are disclosed prior to voting on an agenda item with conflicted members abstaining from voting. Board members and other key employees are instructed annually on the conflict of interest policy and are required to submit a signed conflict disclosure form annually. Disclosures are reviewed by the board on an annual basis.”

“Salaries for top management are set by the board of directors of the management company during a duly called board meeting of said company as described in the bylaws. Prior obtained comparability data are reviewed and used by the board members. The Organizations legal counsel reviews all compensation agreements between the Organization and members of management. Only disinterested board members review and approve the compensation. The person is available to answer questions but leaves the room for the discussion and vote. Compensation is set and reviewed on an annual basis in writing. The discussion and decision are recorded in the minutes.”

“All employees who are not officers of the School receive salaries based on comparability data and a schedule approved by the board of directors of the School.”

“Governing documents, policies, and financial statements may be reviewed by the public at the Leading Edge Academy district office during normal business hours.”