Delphi Schools Inc.

“See Schedule L Part IV”

“The Form 990 is reviewed by the corporation's management and board of directors.”

“Delphi schools, inc., has a conflicts-of-interest policy and a whistle blower policy, which together ensure that any member of the corporation's board of directors (or any committee of the board of directors), and/or any officer, employee, fiduciary, or agent of the corporation (collectively "interested person"), who has a direct or indirect financial interest (a defined term, which includes all circumstances in which an interested person may profit from an action or decision by the corporation in which the interested personnel participates, and of which he or she has knowledge) in a transaction or activity, discloses the existence of the financial interest. Such disclosure must be made to the board of directors (or it's appropriate committee) which, in turn, must make a decision on whether a conflict exists, and if it does, whether the subject transaction or activity is in the corporation's best interest, is for the corporation's benefit, and is fair and reasonable. Violations result in appropriate disciplinary and corrective action. All officers, board members, and key personnel sign annual statements attesting to their compliance with the corporation's conflicts-of-interest policy. All members of the board of directors, and all officers, employees, fiduciaries, and agents of the corporation, are also provided with a copy of the corporation's conflicts-of-interest policy and whistle blower policy.”

“Delphi schools, inc., has a compensation policy that ensures against payments in excess of reasonable compensation to its officers, directors, and key employees -- that is, against payments in excess of compensation amounts that would ordinarily be paid for like services by a like organization under like circumstances. In addition, the corporation's conflicts-of-interest policy requires periodic review by the board of directors to ensure that compensation arrangements and benefits for the corporation's officers, directors, and key employees do not exceed levels that are reasonable, based on independent compensation consultant's written analysis, independent legal counsel review, and arm's-length bargaining.the compensation review process described above was completed in 2014 for gregory ott, rosemary didear, john nosko, and alan rothe.”

“Delphi Schools, Inc., makes its governing documents, conflicts-of-interest policy, and/or financial statements available to the public only as required by Federal and State law.”