Aim High for High School

“There are no committees that have been granted authority to act on behalf of the board.”

“The form 990 is prepared by an independent cpa firm. The draft form 990 is provided to all board members for review prior to filing with the internal revenue service.”

“Any director, principal officer, or member of a committee with board-delegated powers, who has a direct or indirect financial interest, are required to comply with the conflict of interest policy and complete an annual statement reporting any conflicts. Procedures for addressing the conflict of interest a. An interested person may make a presentation at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the governing board or committee shall determine whether the organization can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the governing board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the organization's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest exists. Violations of the conflicts of interest policy if the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response and after making further investigation as warranted by the circumstances, the governing board or committee determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The annual process for determining compensation of the ceo includes review and approval by the executive committee, use of comparability data and contemporaneous documentation of the deliberation and decision. A compensation study was performed in 2024 and data was sent to the executive committee to determine the ceo salary. The executive committee of the board review the ceo's salary and set it. Contemporaneous documentation and recordkeeping for deliberations and decisions regarding the compensation arrangement were kept by the executive committee.”

“The governing documents, conflicts of interest policy, and financial statements are made available to the public upon request.”

“By request, the website, and posting with the ca doj.”

“The process for oversight and selection of an independent accountant has not changed from the prior year.”