Siuslaw Valley Charter School

“The organization amended bylaws and articles of incorporation to change from a calendar year end to a june 30th fiscal year end.”

“The form 990 is reviewed and approved by the board of directors prior to filing.”

“In order to ensure compliance with the policy, the school has established the following procedures: 1) annual disclosure statement. The officers, directors, & key employees shall each year disclose interests that could give rise to a conflict of interest under this policy. Such disclosure shall be made on the disclosure & acknowledgment attached to this policy & shall be filed with the secretary or the secretary's designee. 2) list of potential insiders. On an annual basis, the secretary of the corporation or the secretary's designee shall develop & maintain a list of insiders who engage in or are reasonably likely to engage in transactions that constitute conflicts of interest with the corporation during the year. 3) ongoing disclosure obligation. Officers, directors, & key employees shall have an ongoing obligation to notify the board promptly of interests that subsequently arise that could give rise to a conflict of interest under this policy. 4) monitoring by secretary. To ensure the organization operates in a manner consistent with charitable purposes & does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The secretary or the secretary's designee shall monitor & enforce compliance with this policy by reviewing the list of insiders, & the disclosure & acknowledgment forms each year & by bringing potential or actual conflicts to the attention of the president of the board. The president shall disclose conflicts to the board as they arise & ensure that the procedures in this policy are followed. 5) conveyance to head of school/superintendent. The secretary or the secretary's designee shall convey the list of insiders identified above to the head of school/superintendent & shall instruct him or her to notify the board if the head of school/superintendent or any employee plans to engage in a transaction with an insider that constitutes a conflict of interest, including payment or reimbursement for business or travel expenses of the insider and/or members of the insider's family not made pursuant to an accountable plan under irs reg. 1.62-2(c)(2). If so, the board shall monitor the transaction to ensure that it complies with the procedure in section 4 above.”

“Two retired school superintendents were on the board of the siuslaw valley charter school and were instrumental in providing compensation comparability studies across the state of oregon. This included compensation comparisons based on certification, time in title, and size of school. An outside consultant was also used to provide compensation comparability for charter schools. The full board of directors reviewed the documentation and recommendations before approving the head of school compensation and benefits.”

“Documents available upon request.”

“Whitmore academy is a tuition-free public charter school in florence, or. Students from the siuslaw school district and surrounding areas (within 50 miles) are eligible to attend, with seats filled through a lottery system. Our mission is to develop students in mind and character through a classical education that emphasizes the principles of virtuous living, traditional learning, and civic responsibility.”

“The organization changed from a december 31 year-end to a june 30 year end during the short-year period ended june 30, 2025. Revenue procedure 85-58 rules apply.”

“Board members are uncompensated volunteers.”