Basis Charter Schools Inc.

“Basis educational group is our educational management company which oversees all of our management duties.”

“The executive director of basis charter schools reviews the draft form 990 as prepared by the auditors and provides it to the full board of directors for review. Once comments have been received, and appropriately incorporated, the 990 tax return is executed by the executive director.”

“Board members complete a conflict of interest disclosure form identifying any relationships or circumstances which the board member believes could contribute to a conflict of interest. Basis charter schools collects the disclosures and uses them to monitor and enforce compliance. The organizations conflict of interest policy is included in the employee handbook and signed off by the employees. Enforcement is further monitored through the organizations internal controls”

“The executive director's compensation is determined by the board upon formal review.”

“Compensation for school leaders is determined by basis educational group, an outside management company. The organizations leased payroll budget is presented annually to the board of directors for approval.”

“These documents and policies are provided upon request. In addition, the 990 information return is available for public inspection on guidestar.”

“The volunteers are board members that oversee the operations of the corporation including the operations of its charter schools.”

“During the 2019-2020 school year, basis charter schools inc. Operated twenty-two charter schools in arizona, eleven (11) primary schools, eight (8) upper schools, and three (3) serving kindergarten through grade 12. The arizona department of education created a letter grade system of all public and charter schools, and scored basis k-8 schools and hybrid schools, all with an "a" grade, covering points on proficiency, growth, and acceleration readiness. Many of the basis charter schools were listed in the u.s. News & world report, 2020 best high schools national rankings. One category included the top ranked national charter high schools where eight basis school were listed in the top fifteen (basis chandler no.1, basis oro valley no.4, basis peoria no.5, basis flagstaff no.8, basis tucson north no.9, basis phoenix no.12, and basis ahwatukee no.13). In addition, eight basis charter schools were recognized in the top ten arizona high schools (basis chandler no.1, basis oro valley no.2, basis peoria no.4, basis flagstaff no.5, basis tucson north no.6, basis scottsdale no.7, basis phoenix no.8, and basis ahwatukee no.10). Under the national stem high schools, basis oro valley was ranked no.5, basis chandler no.6, and basis scottsdale no.8. Basis charter schools require all students to participate in ap courses and testing beginning in grade 9, and despite being younger and in lower grade levels, basis charter school students perform exceedingly well on ap exams compared to their peers across the country and around the globe. Average score is 3.82 and passing rate of 87.3% compared to 2.89 average score and 50.1% passing rate in u.s.”

“Sch g: fundraising expenses grouped with revenues 127,892 sch g: fundraising expenses grouped with revenues -127,892 write-off loan issuance costs & prepayment penalties -802,531 total -802,531”