Civica Nevada

“The school entered into an agreement with academica nevada, llc, a professional charter school management company, to provide management and administrative services to the school. Services include, but are not limited to, facility design, staffing recommendations, human resource coordination, regulatory compliance, legal and corporate upkeep, maintenance of books and records, bookkeeping, budgeting and financial reporting. Management fees incurred under this agreement for the year ended june 30, 2022, was $256,500.”

“The form 990 is provided to each board member for review prior to filing.”

“All board members are required to sign the conflict of interest policy before joining the board. Additionally, all contracts and purchases are monitored to ensure no conflicts exist. In addressing the conflict of interest, an interested person may make a presentation at the board of directors meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. The chairperson of the board shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement.”

“The organization does not compensate any ceos, executive directors, or top management officials, nor any officers or key employees, so these do not apply.”

“All governing documents, conflict of interest policy, and financial statements are available to the public upon request and on the organization's website.”

“The school year beginning august 1, 2021 was the school's first year of operation. The school began providing general educational instruction, special education, and student activities during the current year.”

“Other changes in net assets: provision for net pension liability $319,320”

“Form 990 item b amended return the organization is amending form 990 to update for changes resulting in completion of the audit after the return was filed. Various changes were made throughout the form. Most notably: - form 990, parts viii, ix, x, and xi - schedule b, part i - schedule d, parts xi and xii”