Bellevue Christian School

“Bcs is organized as a nonstock nonprofit corporation. In accordance with the bcs articles and bylaws the corporation has members. As of 6/30/20 there are 56 corporation members. Members receive no renumeration and no more than 50% of the members can be bcs employees. Assets of the corporation and any excess of income over expense of the corporation shall not be distributed to the members, but shall be used by the board to further the purposes of the corporation. Corporation members are elected by a two-thirds majority of current membership. The affairs of the coporation are managed by a board of directors elected from among corporation members. The qualifications of directors, the manner of their selection, terms of office and manner for removing a director are provided in the bylaws.”

“See explanation above for line 6.”

“In accordance with bellevue christian school's "board policy governing business and finance" the bcs board of directors is required to review the annual irs form 990 before it is filed. No board resolution is required for the form 990 to be filed.”

“Each bellevue christian school board member, officer and key employee is required to annually sign a conflict of interest disclosure statement assenting to the conditions set forth in the bcs "conflict of interest and disclosure policy," disclosing any existing or potential conflicts of interest. Conflicts of interest are reviewed and resolved using the procedures set forth in the afore-mentioned policy which include complete disclosure, inclusion in the board minutes and a 2/3 board approval with abstention by the member in conflict.”

“Compensation of the head of school and the director of finance are reviewed and approved annually by the executive committee of the board. All salary schedules are approved annually by the finance committee and the board as part of the annual budget decision. As part of this process the finance committee reviews multiple salary data sources for comparison purposes including csi and salary information from local public and private schools, other schools' form 990 returns and internet resources.”

“Bcs' applicable tax forms - form 1023, 990 and 990-t (when applicable) are available for review upon request in our offices during normal business hours. In addition, bcs' governing documents, conflict of interest policy and financial statements are also available for review upon request in our offices during normal business hours.”

“Depreciation book/tax difference 405,905.”

“The finance committee annually appoints the independent accounting firm who is to perform the audit. The board of directors reviews and approves the audited finanical statements annually.”

“The volunteer estimate of 400 was arrived at as follows - bcs has approximately 700 families, some of which are single-parent families, so the school estimates that there are approximately 1200 parents at bcs. Bcs polled their office managers and most active parent volunteers and estimated that about one third (1/3) of the bcs parents volunteer at the school. Parent volunteers are an integral part of bcs and provide a much needed wide array of services at the school. Parent volunteers serve on the board of directors and committees, provide help in the classroom and in planning and organizing special events (such as the auction). Parent volunteers chaperone student activities and field trips, assist with special projects and in numerous fund raising ventures, they manage the "ptf" (parent-teacher fellowship), boosters, and work in the deli, to name some of the more significant volunteer service areas.”

“Subsequent to filing the return it was determined that one of the payroll payments was, in fact, a severance payment. Accordingly, schedule j line 4a was checked "yes and a footnote was added to schedule j to provide the required information. The severence amount was already properly recorded at schedule j, part 2b.”