TY 2021 Form 990 Schedule O

efile Public Visual Render ObjectId: 202300329349300040 - Submission: 2023-02-01 TIN: 06-0646937

SCHEDULE O
(Form 990)

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

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

THE UNQUOWA SCHOOL ASSOCIATION INC

Employer identification number

06-0646937

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	THE FINANCE COMMITTEE, WITH ASSISTANCE FROM OUR EXTERNAL AUDITORS, GATHERED THE NECESSARY INFORMATION AND COMPLETED FORM 990. THE FINAL VERSION WAS DISTRIBUTED TO EACH BOARD MEMBER VIA ELECTRONIC MAIL PRIOR TO FILING. BOARD MEMBERS WERE ENCOURAGED TO CONTACT THE FINANCE COMMITTEE IF ADDITIONAL CLARIFICATION WAS NEEDED.
FORM 990, PART VI, SECTION B, LINE 12C	THE BOARD PRESIDENT REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD OF GOVERNERS ANNUALLY. AFTER REVIEW, EACH BOARD MEMBER COMPLETES AND SIGNS THE CONFICT OF INTEREST STATEMENT. THESE STATEMENTS ARE THEN REVIEWED BY THE BOARD PRESIDENT AND FILED IN THE UNQUOWA SCHOOL OFFICE. BOARD MEMBERS ARE URGED TO DISCLOSE CONFLICTS AS THEY ARISE AS WELL AS TO DISCLOSE THOSE SITUATIONS THAT ARE EVOLVING THAT MAY RESULT IN A CONFLICT OF INTEREST. FOR EACH POTENTIAL CONFLICT OF INTREST DISCLOSED, THE BOARD PRESIDENT OR THE FULL BOARD, AS APPROPRIATE, WILL DETERMINE WHETHER THE ORGANIZATION SHOULD: A. TAKE NO ACTION B. DISCLOSE THE SITUATION MORE BROADLY AND INVITE DISCUSSION/RESOLUTION BY THE FULL BOARD OF WHAT ACTION TO TAKE, OR C. REFRAIN FROM TAKING ACTION AND OTHERWISE AVOID THE CONFLICT. IN SOME CASES THE BOARD MEMBER WITH THE CONFLICT MAY BE ASKED TO RECUSE HER/HIMSELF FROM SENSITIVE DISCUSSIONS, SO AS NOT TO UNDULY INFLUENCE THE DISCUSSION OF THE CONFLICT. IN ALL CASES, DECISIONS INVOLVING A CONFLICT WILL BE MADE ONLY BY DISINTERESTED MEMBERS. THE FACT THAT A CONFLICT WAS MANAGED, ALONG WITH THE OUTCOME, WILL BE DOCUMENTED IN THE BOARD MEETING MINUTES.
FORM 990, PART VI, SECTION B, LINE 15A	COMPENSATION FOR THE HEAD OF SCHOOL BUSINESS MANAGER ARE DETERMINED BY THE EXECUTIVE COMMITTEE. THE PROCESS INCLUDES A REVIEW OF THE CURRENT CONTRACT, AN ANALYSIS OF SALARIES FOR SIMILAR POSITIONS AT COMPARABLE SCHOOLS IN THE AREA, AND A STUDY OF ADDITIONAL CONTRACT BENEFITS. THE COMPENSATION PACKAGE IS THEN APPROVED THROUGH AN INDEPENDENT VOTE BY THE EXECUTIVE COMMITTEE. THIS PROCESS INCLUDES INPUT AND AGREEMENT BY THE BOARD. THERE ARE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES UNDER THE DEFINITIONS PROVIDED IN THE INSTRUCTIONS TO THE FORM 990.
FORM 990, PART VI, SECTION C, LINE 19	THE UNQOUWA SCHOOL ASSOCIATION, INC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	UNCOLLECTIBLE PLEDGE RECEIVABLE -5,000.
FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11B

THE FINANCE COMMITTEE, WITH ASSISTANCE FROM OUR EXTERNAL AUDITORS, GATHERED THE NECESSARY INFORMATION AND COMPLETED FORM 990. THE FINAL VERSION WAS DISTRIBUTED TO EACH BOARD MEMBER VIA ELECTRONIC MAIL PRIOR TO FILING. BOARD MEMBERS WERE ENCOURAGED TO CONTACT THE FINANCE COMMITTEE IF ADDITIONAL CLARIFICATION WAS NEEDED.

FORM 990, PART VI, SECTION B, LINE 12C

THE BOARD PRESIDENT REVIEWS THE CONFLICT OF INTEREST POLICY WITH THE BOARD OF GOVERNERS ANNUALLY. AFTER REVIEW, EACH BOARD MEMBER COMPLETES AND SIGNS THE CONFICT OF INTEREST STATEMENT. THESE STATEMENTS ARE THEN REVIEWED BY THE BOARD PRESIDENT AND FILED IN THE UNQUOWA SCHOOL OFFICE. BOARD MEMBERS ARE URGED TO DISCLOSE CONFLICTS AS THEY ARISE AS WELL AS TO DISCLOSE THOSE SITUATIONS THAT ARE EVOLVING THAT MAY RESULT IN A CONFLICT OF INTEREST. FOR EACH POTENTIAL CONFLICT OF INTREST DISCLOSED, THE BOARD PRESIDENT OR THE FULL BOARD, AS APPROPRIATE, WILL DETERMINE WHETHER THE ORGANIZATION SHOULD: A. TAKE NO ACTION B. DISCLOSE THE SITUATION MORE BROADLY AND INVITE DISCUSSION/RESOLUTION BY THE FULL BOARD OF WHAT ACTION TO TAKE, OR C. REFRAIN FROM TAKING ACTION AND OTHERWISE AVOID THE CONFLICT. IN SOME CASES THE BOARD MEMBER WITH THE CONFLICT MAY BE ASKED TO RECUSE HER/HIMSELF FROM SENSITIVE DISCUSSIONS, SO AS NOT TO UNDULY INFLUENCE THE DISCUSSION OF THE CONFLICT. IN ALL CASES, DECISIONS INVOLVING A CONFLICT WILL BE MADE ONLY BY DISINTERESTED MEMBERS. THE FACT THAT A CONFLICT WAS MANAGED, ALONG WITH THE OUTCOME, WILL BE DOCUMENTED IN THE BOARD MEETING MINUTES.

FORM 990, PART VI, SECTION B, LINE 15A

COMPENSATION FOR THE HEAD OF SCHOOL BUSINESS MANAGER ARE DETERMINED BY THE EXECUTIVE COMMITTEE. THE PROCESS INCLUDES A REVIEW OF THE CURRENT CONTRACT, AN ANALYSIS OF SALARIES FOR SIMILAR POSITIONS AT COMPARABLE SCHOOLS IN THE AREA, AND A STUDY OF ADDITIONAL CONTRACT BENEFITS. THE COMPENSATION PACKAGE IS THEN APPROVED THROUGH AN INDEPENDENT VOTE BY THE EXECUTIVE COMMITTEE. THIS PROCESS INCLUDES INPUT AND AGREEMENT BY THE BOARD. THERE ARE NO OTHER COMPENSATED OFFICERS OR KEY EMPLOYEES UNDER THE DEFINITIONS PROVIDED IN THE INSTRUCTIONS TO THE FORM 990.

FORM 990, PART VI, SECTION C, LINE 19

THE UNQOUWA SCHOOL ASSOCIATION, INC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990, PART XI, LINE 9:

UNCOLLECTIBLE PLEDGE RECEIVABLE -5,000.

FORM 990, PART XII, LINE 2C:

THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

Software ID:
Software Version: