Return Reference | Explanation |
---|---|
Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | Parent Association chairs are a single voting member of the Board of Trustees related by marriage.A key employee is related by marriage to a highly compensated employee |
Form 990, Part VI, Line 11b: Form 990 Review Process | The Form 990 is prepared internally and reviewed by the Director of Finance. An outside consultant prepared a top-level review. The full Form 990, except for Schedule B, is reviewed and approved by the audit committee prior to being presented to the full board of trustees through a secure website. |
Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | Conflict of interest disclosure forms are signed by trustees annually. Identified conficts are addressed by the Board President and Head of School as appropriate for the circumstances. An affected board member will recuse themself from any board action that may involve a conflict of interest. |
Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | For the fiscal year ended 6/30/11, the School hired an independent compensation consultant that compared the Head's compensation with that of a group of 28 other schools. The Head's compensation was set based on the information gathered. Subsequent years have been met with inflationary increases. Additionally, in each of those subsequent years comparative data from three dozen boarding schools has been utilized to validate adequacy and comparability. |
Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | The Board of Trustees delegates duties to the Personnel Committee. The Personnel Committee is responsible for conducting annual performance and compensation review of the Head of School. The Personnel Committee also assists the Head of School with issues regarding faculty and adminstrator compensation. Salaries are compared to a peer group of schools who provide statistics through membership with the NAIS. The full board votes and determines the level of compensation. |
Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Financial statements, conflict of interest policy or governing documents are available to the public upon request. |
Software ID: | 14000265 |
Software Version: | 2014v6.0 |