Little Water Preparatory Charter School

“Felicia schinella and jordan schinella have a family relationship.”

“The form 990 is prepared by an external accounting firm and reviewed internally prior to submission to the irs.”

“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 little water prep 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 little water prep is considering a transaction, and (b) any person who has a significant position in an entity with which little water prep is considering a transaction. 2. Little water prep 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 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 little water prep 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 little water prep is considering a transaction, and (b) any person who has a significant position in an entity with which little water prep is considering a transaction. 3. No board member or staff member shall accept or solicit payments for expense associated with little water prep-related travel, meals, or other professional activity from actual or potential suppliers of little water prep. No board member or staff member shall receive or solicit a gratuitous payment or article of monetary values worth $75 or more from actual or potential suppliers of services or good for little water prep, except (a) gifts presented to little water prep where the recipient is representing little water prep and thereafter presents the gift to little water prep, or (b) gifts that are motivated solely by a family or personal relationship, but are in no way connected with the recipient's official little water prep duties. In general, a recipient should make every effort to decline to accept gifts on behalf of little water, but, in cases where it would be considered ungracious to do so, should make clear that the gift is being accepted on behalf of, and will be given to, little water prep. 4. Additional conflict of interest provisions for all trustees, officers, and employees a. The conflict of interest provisions of the new york general municipal law are applicable to charter schools to the same extent those provisions (gen. Municipal law 800-804, 804-a, 805, 805-a, 805-b, 806) are applicable to school districts. All trustees, officers, and employees shall comply with such laws. B. No trustee, officer or employee shall: i. Directly or indirectly, solicit any gift, or accept or receive any gift having a value of seventy-five dol”

“The board reviews and approves, annually; by reviewing compensation of similar roles in the area and evaluates executive performance.”

“The organization's governing documents,conflict of interest policy and financial statements are avaliable to the public upon request.”