SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2014
Open to Public
Inspection
Name of the organization
SCIENCE AND ARTS ACADEMY
 
Employer identification number

36-3838771
Return Reference Explanation
FORM 990, PART VI, SECTION B, LINE 11 A FULL COPY OF THE FORM 990, INCLUDING SCHEDULE B, IS PROVIDED TO ALL TRUSTEES FOR REVIEW AND COMMENT. QUESTIONS OR CONCERNS ARE ADDRESSED BEFORE THE FORM 990 IS FILED.
FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S PRACTICE FOR MONITORING PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DEALING WITH POTENTIAL OR ACTUAL CONFLICTS OF INTEREST IS TO ANNUALLY REMIND ALL TRUSTEES TO KEEP BUSINESS INDEPENDENT. THE BOARD REVIEWS POTENTIAL CONFLICTS ANNUALLY AND DOCUMENTS CONFLICTS IN THE MINUTES. IF A POTENTIAL CONFLICT OF INTEREST ARISES, IT IS DEEMED TO BE THE RESPONSIBILITY OF THE PERSON INVOLVED OR ANY OTHER PERSON WITH KNOWLEDGE TO NOTIFY THE BOARD OF TRUSTEES OF THE CIRCUMSTANCES RESULTING IN THE POTENTIAL CONFLICT SO THAT THE BOARD OF TRUSTEES CAN PROVIDE SUCH GUIDANCE AND TAKE SUCH ACTION AS APPROPRIATE. NO TRUSTEE WHO DIRECTLY OR INDIRECTLY IS INVOLVED IN A POTENTIAL CONFLICT OF INTEREST SHALL BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING OF THE BOARD WHERE THE POTENTIAL CONFLICT IS CONSIDERED, NOR SHALL THE TRUSTEE VOTE ON ANY ACTION.
FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD MEETS ANNUALLY TO REVIEW AND EVALUATE THE PERFORMANCE AND SALARY OF THE HEAD OF SCHOOL. THE EXECUTIVE COMMITTEE ALSO COMPARES THE COMPENSATION OF SIMILAR SCHOOLS IN THE AREA FOR THE POSITIONS OF HEAD OF SCHOOL. THE DECISIONS ARE APPROVED AND DOCUMENTED IN THE EXECUTIVE BOARD MINUTES. THE LAST REVIEW FOR THE HEAD OF SCHOOL WAS DONE IN MAY 2015.
FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT BYLAWS AVAILABLE TO THE PUBLIC ON ITS WEBSITE. THE ORGANIZATION DOES NOT MAKE ITS CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2014

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