Valley Christian School System

“Valley Christian School System (VCSS) has an Executive Committee that is authorized to act on behalf of the board when action or time-sensitive information must be considered and it is expected that a quorum of the board cannot be called together, such as when the school is not in session or in case of emergency. The Executive Committee is made up of the President, Vice-President, Secretary, Treasurer, Vicar, and Superintendent.”

“The School has Society Members made up of parents and constituents of the school community (alumni, grandparents, etc.).”

“The Society Members vote annually to approve the board members. They vote for four new board members each year.”

“Form 990 is prepared by an independent CPA firm and reviewed in detail by VCSS's top management. The reviewed Form 990 is then forwarded to the board of directors prior to filing with the IRS.”

“A Conflict of Interest questionnaire is distributed annually to board members, principals, directors, officers, and managers. The signed questionnaires are then reviewed by the Director of Business Operations. The Superintendent reviewed the Director of Business Operations' questionnaire. Should any potential conflicts of interest be disclosed, the interested party would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“VCSS's Board of Directors, in accordance with its board policy, reviews the performance of the Superintendent annually. This review is conducted by the Executive Committee. The compensation for the Superintendent is based primarily on the published scale from Christian Schools International (CSI). The CSI scale takes into consideration school size, educational experience, level of education, and geographical location. The board may also, at its discretion, award additional compensation as it deems necessary to attract and retain an individual in the position of Superintendent. The compensation is defined in a contract that has been created and approved by the Executive Committee of the VCSS Board of Directors. The contract is signed by the Superintendent, the Board Secretary, and the Board President. The Superintendent's contract is discussed at the executive board meetings and documented in the minutes.”

“The Superintendent reviews the performance of the Director of Business Operations and key employees annually. Compensation for the Director of Business Operations and key employees is determined based on education, experience, and geographical location, along with a review of the CSI scale. The compensation is defined in contracts that are signed by the Superintendent and the Director of Business Operations and key employee, respectively.”

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

“Misc Income - Total Revenue: 6195, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 6195;”

“Buy-out of pension obligation - -7348681;”