Ofl-Duarte Inc.

“Propel a charter management group, inc. Manages secondary charter schools and other educationally oriented nonprofit organizations, providing to ofl schools, among other services, the education program for independent study based instruction and program management.”

“The organization does not have a committee with authority to act on behalf of the governing body.”

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

“Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

“The executive director's pay is determined based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determine based on data provided by external charter management organizations and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action.”

“The organization's governing documents, conflict of interest policy, and recent federal income tax returns are made avaliable for pubic inspection at the organization's principal office during normal business hours.”

“Service fees: program service expenses 558,974. Management and general expenses 176,615. Fundraising expenses 0. Total expenses 735,589. Consulting: program service expenses 555,110. Management and general expenses 175,394. Fundraising expenses 0. Total expenses 730,504. District admin fees: program service expenses 35,923. Management and general expenses 11,350. Fundraising expenses 0. Total expenses 47,273. Student services: program service expenses 10,010. Management and general expenses 3,164. Fundraising expenses 0. Total expenses 13,174.”

“The process has not change from prior year.”