Ridgeview Classical Schools

“Each parent or legal guardian of a child enrolled at the school, all full-time teachers, and administrators are voting members.”

“Three of the board seats are elected at the annual meeting of members, two board seats are appointed by the existing board members, and the other two seats are nonvoting members that are occupied by the headmaster (currently mr. Anderson) and deputy headmaster (currently mr. Carpine).”

“The elected board secretary keeps minutes for all board meetings. Those minutes are reviewed by the entire board at the following meeting and the voted into the permanent record. There are no committees with authority to act on behalf of the board of directors.”

“The form 990 is prepared by the organization's public accounting firm based on information provided by management. Once a draft of the filing is available, the form 990 is reviewed by the president of the board of directors prior to filing. In addition, each member of the board is provided a copy of the return prior to filing.”

“Ridgeview classical schools maintains a policy manual that describes all of the school's policies, including the conflict of interest policy. At the beginning of each fiscal year, all board members are required to review the policies and sign that they intend to uphold those policies. We have not indentified any conflicts of interest among officers or directors and have thus not needed to impose any restrictions on person acting in those roles.”

“The board of directors is directly responsible for determining the compensation of the school headmaster. The level of compensation is determined through market research for similar positions as well as budget considerations. The headmaster determines the compensation for other officers of the school. All proposed contracts are reviewed, approved and signed by the president of the board of directors. The process described here was last completed in 2023.”

“All documents available to the public are available at the front office of the school. Governing documents are also available in the student-parent handbook and on the organization's website.”

“Change in opeb liability 54,098. Change in pension liability -564,390.”

“The school follows a modified accrual method of accounting as prescribed by the colorado department of education. The school-wide financial statements are reported using the economic resources measurement focus and the accrual basis of accounting. Grants and similar items are recognized when all eligibility requirements imposed by the provider have been met.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”