Hawaii Preparatory Academy

“David w. Pratt (board member) and william d. Pratt (board member) have a family relationship. Peter m. Vitousek (board member) and roy a. Vitousek, iii (board member) have a family relationship. Donna tanoue (board member) & michael chun (board member) have a business relationship.”

“Hpa's assistant treasurer works with the return preparer to complete the form 990. The return is provided to the audit committee for review. Audit committee membership includes the president and chairman, treasurer, second vice president and assistant treasurer. Prior to filing, the chair of the audit committee provides the return to the full board at a regularly scheduled meeting.”

“A questionnaire is sent to all board members and officers prior to the filing of the form 990, educating them about the issue of a conflict of interest. The committee on trustees reviews initially and annually all transactions that may arise or do exist between the school and individuals with actual or potential conflicts of interest, transmitting its recommendations concerning the appropriateness of any such transactions to the full board of trustees. The board of trustees then determines whether or not to proceed with such transaction. An officer or trustee who has potential or actual conflict of interest, or the appearance thereof, shall recuse himself or herself from any vote or accompanying discussion.”

“The board of trustees is solely responsible for decisions regarding the entire compensation package for the headmaster, other officers, and key employees. A subcommittee of independent persons is charged with executing our officer and key employee compensation policy, including collecting data (i.e. Salary data from comparable schools), making a compensation recommendation, and following all documentation requirements. This policy was adopted in june 2011 but there has been no occurrence of compensation matters that fall under these guidelines through the end of the 2013-14 fiscal year.”

“Form 1023 - available upon request form 990 - available upon request or via www.guidestar.org governing documents - available upon request (fact dependent) conflict of interest policy - not available (internal use only) financial statements - available upon request or via www.guidestar.org”

“Questions 7g and 7h are not applicable to the exempt organization. As such, they have been left blank.”

“Changes in beneficial interests in trusts held by others 1,565,809.”

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

“Founded in 1949, hawaii preparatory academy is an independent coeducational school providing a full range of opportunities for students from kindergarten through grade 12. Our boarding program admits students in grades six through 12. Hpa features many unique courses and activities (marine science field studies, sea turtle research, scuba certification, and more) that make use of hawaii's geographical setting and give students a strong sense of hawaii and its culture. Offerings also include programs in the visual and performing arts as well as a successful upper school interscholastic athletic program that stresses school-wide participation and teaches the values of sportsmanship and fair play. The school has two campuses in the town of waimea (kamuela) on the island of hawaii. The lower and middle schools are located on nine acres in the heart of hawaii's ranching country, while the upper school is located just two miles away on a 200-acre campus at the foot of the kohala mountains. Hpa is fully accredited by the western association of schools and colleges and is a member of 12 educational organizations including the council for the advancement and support of education, college entrance examination board, council for spiritual and ethical education, cum laude society, national association of college admission counselors, hawaii association of independent schools, and national association of independent schools. Visit http://www.hpa.edu/about for more information regardng hpa's enrollment, faculty, college counseling program, sports and co-curricular ativities, advanced placement preparation, and use of technology in the learning process.”