Lighthouse Community Public Schools

“No committees have the authority to act on behalf of the board.”

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once the draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised returned is then submitted to the board of directors for their review and approval prior to submitting to the irs.”

“The organization maintains a conflict of interest policy for board members, officers, and employees. In connection with any actual or potential conflict of interests, an interested person must disclose the existence and nature of any outside interest, outside activity, and financial interest to the board of directors, or the board committee delegated the authority to receive such disclosures. Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.”

“The executive director's pay is determined based on data provided by management and through comparison studies of other charter schools. The board must vote to approve the executive director's compensation as a direct action. The officers and key employees' pay is determined based on data provided by management and through comparison studies of other charter schools. The board must vote to approve the officers and key employees' compensation as a direct action. The process described here was last completed in 2024.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Other fees for services: program service expenses 111,489. Management and general expenses 827,665. Fundraising expenses 0. Total expenses 939,154. Special ed instructors: program service expenses 1,104,454. Management and general expenses 21,567. Fundraising expenses 0. Total expenses 1,126,021. Substitutes: program service expenses 1,060,151. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,060,151. Consultants: program service expenses 927,957. Management and general expenses 408,509. Fundraising expenses 0. Total expenses 1,336,466. Business and administrative services: program service expenses 83,681. Management and general expenses 84,056. Fundraising expenses 0. Total expenses 167,737. Transportation: program service expenses 160,686. Management and general expenses 0. Fundraising expenses 0. Total expenses 160,686. Sports contractors: program service expenses 0. Management and general expenses 69,091. Fundraising expenses 0. Total expenses 69,091.”

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