Brooklyn Rise Charter School

“Form 990 is reviewed by management and board of trustees for approval. If changes are required the school will then forward the form 990 to the auditing firm and a final version will be distributed to all board members prior to the irs submission.”

“Board members shall disclose to the board their interest, as defined below, with respect to a transaction the board is considering. Such transactions include contracts and the provision of services. The disclosure of an interest may be made orally or in writing. A board member has an interest if the board member or, to the board member's knowledge, the board member's family member (including parent, grandparent, spouse, sibling, child, grandchild, niece, or nephew), or close business associate (i) is employed by, or (ii) holds a fiduciary, significant owner or senior position with, any entity or person with which brooklyn rise is considering a transaction. Unless the board requests their presences, board members with interests shall recuse themselves from the board's consideration of the relevant transaction. In no event shall board members vote on transactions in which they have a financial interest. The nature of the interest and the individual's recusal, or board determination not to recuse, shall be recorded in the appropriate minutes. In addition, the board expects board members to disclose close friendships with (a) any person with whom brooklyn rise is considering a transaction and (b) any person who has a significant position in an entity with which brooklyn rise is considering a transaction. Brooklyn rise staff (including, but not limited to, the head of school or any other employee, expert or advisor who is in a position to influence a decision in which he/she has an interest) shall disclose to the head of school if there is any real or presumed conflict of interest. Unless it is determined that there is not a conflict of interest, the staff member shall recuse herself or himself from the decision-making process. The procedures set forth in the preceding sentence shall also apply to any board member who has knowledge that he/she has an interest in a transaction being considered by brooklyn rise below the board level. The nature of the interest and the individual's recusal, or the chair's determination not to require recusal, shall be memorialized in writing. In addition, the persons listed in the first sentence of this paragraph shall disclose close friendships with (a) any person with whom brooklyn rise is considering a transaction, and (b) any person who has a significant position in an entity with which brooklyn rise is considering a transaction. All trustees, officers, and employees of the school will be given a copy of the code of ethics upon their employment or association with the school. All trustees, officers, and employees shall complete a disclosure statement on an annual basis, disclosing any actual, potential, or apparent conflicts.”

“Upon request, the school makes available to the public its governing documents, and conflict of interest policy.”