2025-05-14T13:35:03-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2001 16TH STREET SUITE 1700 DENVER CO 80202 990 2023-07-01 840423922 FOUNTAIN VALLEY SCHOOL OF COLORADO FOUN 7193915356 6155 FOUNTAIN VALLEY SCHOOL ROAD COLORADO SPRINGS CO 80911 DAVID A MESKO CFO 7193915356 2025-05-13 1 1 SARAH HINTZ P00492291 3037795710 2025-05-12 2023 2025-03-06 01:10:19Z MEGAN HARLAN 6155 FOUNTAIN VALLEY SCHOOL ROAD COLORADO SPRINGS CO 80911 24850507 0 X WWW.FVS.EDU X 1930 CO DRAWING ON WESTERN HERITAGE, FVS DEVELOPS LEADERS WHO EMBRACE THE WORLD WITH COMPASSION AND COURAGE. 27 27 189 32 99864 0 4054610 2189431 13043285 13316770 867440 1419650 90457 135595 18055792 17061446 2863475 3044137 0 0 8099959 8787787 0 78350 976993 8526521 8375882 19489955 20286156 -1434163 -3224710 89211180 89608193 4186025 4744597 85025155 84863596 X FOUNTAIN VALLEY SCHOOL OF COLORADO PROVIDES A TRANSFORMATIVE CURRICULUM IN A SUPPORTIVE ENVIRONMENT WHERE STUDENTS ARE CHALLENGED TO THINK CRITICALLY, BECOME LEADERS, AND LIVE BY OUR CORE VALUES: COURAGE, COMPASSION, CURIOSITY, SELF-RELIANCE, AND OPEN-MINDEDNESS. 0 0 14093568 3044137 13390488 FOUNTAIN VALLEY SCHOOL IS A COEDUCATIONAL BOARDING AND DAY SCHOOL FOR APPROXIMATELY 230 STUDENTS, GRADES 9 - 12. OUR DIVERSE STUDENT BODY HAILS FROM 20 STATES AND 20 COUNTRIES AND IS INTEGRAL TO OUR EDUCATIONAL EXPERIENCE. THE FOUNTAIN VALLEY SCHOOL PROGRAM IS RIGOROUS, ENGAGING, AND GLOBAL IN PERSPECTIVE WHILE INTENTIONALLY TAKING ADVANTAGE OF OUR UNIQUE PLACE IN THE FRONT RANGE OF THE AMERICAN WEST. FOUNTAIN VALLEY SCHOOL'S SIGNATURE PROGRAMS INCLUDE OUR UNIQUE 9TH-GRADE WESTERN CURRICULUM, THE GLOBAL/STEM SCHOLAR DIPLOMA, MEMBERSHIP IN ROUND SQUARE, INTERIM EXPEDITIONS, AND AN ATHLETIC PROGRAM FEATURING WESTERN-THEMED ACTIVITIES AND SPORTS SUCH AS ENGLISH AND WESTERN EQUESTRIAN TEAMS, MOUNTAIN BIKING, CLIMBING, AND OUTDOOR EDUCATION THAT TAKE ADVANTAGE OF OUR PLACE ON A 1,100-ACRE PRAIRIE CAMPUS SET IN THE SHADOW OF PIKES PEAK AND THE ROCKY MOUNTAINS. WE AIM TO CREATE FUTURE LEADERS WHO THINK CRITICALLY AND LIVE BY OUR CORE VALUES: COURAGE, COMPASSION, CURIOSITY, SELF-RELIANCE, AND OPEN-MINDEDNESS.SCHOLARSHIPS: 51% OF STUDENTS RECEIVE FINANCIAL AID. IN THE 2023-2024 ACADEMIC YEAR, $3,044,137 IN BOTH MERIT AND NEED-BASED SCHOLARSHIPS WERE AWARDED. 14093568 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 1 1 0 1 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 63 0 1 189 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X DAVID MESKO 7193915231 6155 FOUNTAIN VALLEY SCHOOL ROAD COLORADO SPRINGS CO 809173732 THERESA SHEH PRESIDENT 1.00 X X 0 0 0 EDWARD C EPPLER VICE PRESIDENT 1.00 X X 0 0 0 CORI J GALLES SECRETARY 1.00 X X 0 0 0 BARRY S BROWN DIRECTOR 1.00 X 0 0 0 SARAH CANNADY DIRECTOR 1.00 X 0 0 0 KELLY EUSTACE DIRECTOR 1.00 X 0 0 0 JERRY FRAUTSCHI LIFETIME TRUSTEE 1.00 X 0 0 0 HALEY GRIFFIS DIRECTOR 1.00 X 0 0 0 MARK HATCH DIRECTOR 1.00 X 0 0 0 BENJAMIN HOWE TRUSTEE (EX-OFFICIO) 1.00 X 0 0 0 EMILIE HOYT DIRECTOR 1.00 X 0 0 0 JUNIPER HUNTER DIRECTOR 1.00 X 0 0 0 FLORA JEWELL-STERN DIRECTOR 1.00 X 0 0 0 DARRELL JOHNSON DIRECTOR 1.00 X 0 0 0 DAWN JUDD DIRECTOR 1.00 X 0 0 0 STEPHEN KACZMAREK DIRECTOR 1.00 X 0 0 0 HENRY MORSE DIRECTOR 1.00 X 0 0 0 GREGORY OSBORNE DIRECTOR 1.00 X 0 0 0 DOUGLAS PATTERSON DIRECTOR 1.00 X 0 0 0 VERONIQUE RICHARDSON DIRECTOR 1.00 X 0 0 0 CHRISTOPHER SANCHEZ DIRECTOR 1.00 X 0 0 0 MARK SATHER DIRECTOR 1.00 X 0 0 0 JIM SCOTT LIFETIME TRUSTEE 1.00 X 0 0 0 DEMPSEY SIMONIS DIRECTOR 1.00 X 0 0 0 DAVIS TUTT DIRECTOR 1.00 X 0 0 0 ANDREW WATSON DIRECTOR 1.00 X 0 0 0 MAX ZHANG DIRECTOR 1.00 X 0 0 0 MEGAN HARLAN HEAD OF SCHOOL 40.00 X 312096 0 73920 DAVID MESKO CFO (AS OF 7/23) 40.00 X 118253 0 42473 JOHN G LITCHENBERG COO 40.00 X 87454 0 45106 CHARLES LAVANT GREENE ASST. HEAD OF SCHOOL (AS OF 7/23) 40.00 X 59971 0 32875 LINDSEY RATLIFF ADMISSIONS DIRECTOR 40.00 X 117493 0 30109 JANET REFIOR FORMER COFO (THRU 6/23) 40.00 X 102723 0 22022 797990 0 246505 4 1 1 0 FLIKCOMPASS GROUP PO BOX 417632 BOSTON MA 02241 FOOD SERVICE 1943738 LAKE FLATO ARCHITECTS 311 THIRD STREET SAN ANTONIO TX 78205 ARCHITECT 597182 PIERCE ROOFING LLC 309 MOUNT VIEW LANE COLORADO SPRINGS CO 80907 CONSTRUCTION 332058 BREASHEARS ROOFING PO BOX 1342 MONUMENT CO 80132 CONSTRUCTION 222358 BLACKBAUD INC 65 FAIRCHILD STREET CHARLESTON SC 29492 SOFTWARE 156336 6 423688 1765743 143836 2189431 TUITION & FEES 611110 12747087 12747087 GCLI PROGRAM REVENUE 611110 244484 244484 RIDING PROGRAM 611110 116973 116973 HEALTH CENTER 621111 14000 14000 ATHLETICS 711211 3387 3387 190839 190839 13316770 1411118 86764 1324354 99944 13126 86818 86818 73718 13100 7753103 21390 7765961 0 -12858 21390 8532 8532 20948 9974 10974 10974 INSURANCE PROCEEDS 900099 37803 37803 37803 17061446 13390488 99864 1381663 2310637 2310637 733500 733500 887836 887836 5714381 3759406 1603083 351892 388068 235766 131604 20698 1324495 751340 507194 65961 473007 250973 200001 22033 7040 6976 64 69973 69334 639 78350 78350 157520 155366 2154 279844 8233 44075 227536 59817 34853 24964 31929 31637 292 1023947 677778 346169 280101 99970 45511 134620 2128448 1915603 212845 642211 529810 112401 FOOD EXPENSE 1944973 1944851 122 SCHOOL EXPENSE 1092051 626541 442001 23509 MISC. 324862 9897 276539 38426 MEMBERSHIPS 138579 86112 41648 10819 194587 118298 76289 20286156 14093568 5215595 976993 1610335 1864684 2039898 2447813 1714460 67615 139928 208778 391169 79982657 40689018 39253291 39293639 34625800 36890160 6894187 7079749 2063463 2234404 89211180 89608193 992757 998894 3137782 3694530 55486 51173 4186025 4744597 X 47092983 45791462 37932172 39072134 85025155 84863596 89211180 89608193 -3224710 3063151 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 80915 X 0 42528526 215699 2997416 994132 44747509 41070799 211407 1923834 677514 42528526 47958894 150847 -6143250 895692 41070799 37349533 5053013 11850963 6294615 47958894 45814200 130832 688433 9283932 37349533 0.20560 0.57430 0.22010 1 0 69050 69050 63579993 33364133 30215860 6975773 3349374 3626399 5027005 3975511 1051494 4330836 4330836 39293639 MORTGAGE BACKED SECURITIES 2164879 C DOMESTIC EQUITY SECURITIES 4914870 C 7079749 GIFT ANNUITY OBLIGATIONS 51173 51173 X 17126671 3063151 23100 3086251 14040420 3021026 3021026 17061446 17288230 23100 23100 17265130 3021026 3021026 20286156 PART V, LINE 4: THE FOUNTAIN VALLEY SCHOOL'S ENDOWMENT FUNDS ARE RESTRICTED PERMANENTLY OR TEMPORARILY BY DONOR INTENT AS TO PURPOSE OR TIME LIMITATION, AND ARE ACCOUNTED FOR AS SUCH IN THE BOOKS OF ACCOUNTS OF THE SCHOOL. THE DEVELOPMENT DIRECTOR OF THE SCHOOL IS PRIMARILY RESPONSIBLE FOR THIS DETERMINATION AFTER CONSULTATION WITH THE DONOR AS DOCUMENTED BY THE GIFT DECREE. THIS IS IN TURN PROVIDED TO THE BUSINESS OFFICE OF THE SCHOOL WHERE THE CFO CONFIRMS INTENT AND ACCOUNTS FOR THE GIFT ACCORDING TO GAAP. THE SCHOOL HAS A POLICY OF APPROPRIATING, FOR DISTRIBUTION EACH YEAR, AN AMOUNT UP TO 5.5% OF THE TWENTY-QUARTER TRAILING AVERAGE OF THE FAIR VALUE OF ITS ENDOWMENT FUND, CALCULATED AS OF THE END OF THE YEAR. FOR THE YEARS ENDED JUNE 30, 2024 AND 2023, THE DRAW WAS 4.8% AND 4.9%, RESPECTIVELY. PART X, LINE 2: THE SCHOOL IS EXEMPT FROM INCOME TAX AS DETERMINED BY THE INTERNAL REVENUE SERVICE UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE SCHOOL IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. AS OF JUNE 30, 2024 AND 2023, THE SCHOOL BELIEVES THAT IT DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE SCHOOL BELIEVES THAT IT HAS CONDUCTED ITS OPERATIONS IN ACCORDANCE WITH AND HAS PROPERLY MAINTAINED ITS TAX EXEMPT STATUS, AND THAT IT HAS TAKEN NO MATERIAL UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE SCHOOL IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL, OR NON-U.S. INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 13,126. COGS 9,974. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUE 3,021,026. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 13,126. COGS 9,974. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUE 3,021,026. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 A STATEMENT THAT THE FOUNTAIN VALLEY SCHOOL DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, GENDER OR NATIONAL ORIGIN IS POSTED IN THE RECEPTION AREA, ANNUALLY IN THE DENVER POST, AND IS INCLUDED IN RECOMMENDATION FORMS, ETC. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 SCHOLARSHIPS 35000 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 SCHOLARSHIPS 81000 SOUTH AMERICA 0 0 SCHOLARSHIPS 278000 SOUTH ASIA 0 0 SCHOLARSHIPS 215500 SUB-SAHARAN AFRICA 0 0 SCHOLARSHIPS 48000 NORTH AMERICA 0 0 SCHOLARSHIPS 23000 RUSSIA AND NEIGHBORING STATES 0 0 SCHOLARSHIPS 53000 EAST ASIA AND THE PACIFIC 0 0 CONTRIBUTIONS RECEIVED EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 CONTRIBUTIONS RECEIVED NORTH AMERICA 0 0 CONTRIBUTIONS RECEIVED 0 0 0 0 0 0 733500 0 733500 SCHOLARSHIPS SUB-SAHARAN AFRICA 1 48000 APPLIED TO STUDENT ACCOUNT N/A N/A SCHOLARSHIPS CENTRAL AMERICA AND THE CARIBBEAN 1 35000 APPLIED TO STUDENT ACCOUNT N/A N/A SCHOLARSHIPS EUROPE (INCLUDING ICELAND & GREENLAND) 2 81000 APPLIED TO STUDENT ACCOUNT N/A N/A SCHOLARSHIPS NORTH AMERICA 1 23000 APPLIED TO STUDENT ACCOUNT N/A N/A SCHOLARSHIPS RUSSIA AND NEIGHBORING STATES 1 53000 APPLIED TO STUDENT ACCOUNT N/A N/A SCHOLARSHIPS SOUTH AMERICA 6 278000 APPLIED TO STUDENT ACCOUNT N/A N/A SCHOLARSHIPS SOUTH ASIA 5 215500 APPLIED TO STUDENT ACCOUNT N/A N/A 0 0 0 0 0 0 PART I, LINE 2: FINANCIAL AID IS A DIRECT REDUCTION IN TUITION. NO CASH IS PAID TO STUDENTS OR FAMILIES. FINANCIAL AID AT FOUNTAIN VALLEY SCHOOL IS BOTH MERIT-BASED AND NEED-BASED. FINANCIAL AID APPLICATIONS ARE INITIALLY PROCESSED THROUGH A 3RD PARTY VENDOR USING SPECIFIC CRITERIA. FOUNTAIN VALLEY STAFF MAKE THE FINAL AWARD DECISION. APPLICATIONS AND TAX RETURNS ARE KEPT ON FILE WHILE THE STUDENT IS ENROLLED. PART I, LINE 3: SCHEDULE F IS REPORTED ON THE ACCRUAL BASIS. X X X X X X 1 HELLER FUNDRAISING GROUP LLC 150 WEST END AV 19 NEW YORK NY 10023 CONSULTANT TO OUR DEVELOPMENT AND EXECUTIVE TEAMS. 0 78350 78350 0 78350 78350 CO 1 SCHOLARSHIPS 92 2310637 0 N/A N/A PART I, LINE 2: THE SCHOLARSHIPS ARE DIRECT REDUCTIONS IN TUITION. NO CASH IS PAID TO STUDENTS OR FAMILIES. STUDENTS ARE SELECTED BY BLIND FINANCIAL NEEDS. SCHOLARSHIP APPLICATIONS ARE INITIALLY PROCESSED THROUGH A 3RD PARTY VENDOR USING A SPECIFIC SET OF CRITERIA FOR SELECTION. FOUNTAIN VALLEY STAFF MAKE THE FINAL AWARD DECISION FROM THAT LIST. WE KEEP THE APPLICATION AND TAX RETURNS ON FILE WHILE THE STUDENT IS ENROLLED. THE 3RD PARTY VENDOR ALSO KEEPS A COPY OF THE RECORDS. SCHOLARSHIP AWARDS ARE ALSO RECORDED IN OUR ERP SYSTEM AS WELL AS SEVERAL SPREADSHEETS. X X X X 1 1 X X X 0 0 0 0 0 0 0 0 0 MEGAN HARLAN HEAD OF SCHOOL 310366 0 0 0 1730 0 25000 0 48920 0 386016 0 0 0 DAVID MESKO CFO (AS OF 7/23) 117432 0 100 0 721 0 9333 0 33140 0 160726 0 0 0 JANET REFIOR FORMER COFO (THRU 6/23) 101634 0 0 0 1089 0 6968 0 15054 0 124745 0 0 0 PART I, LINE 1A OUR HEAD OF SCHOOL, MEGAN HARLAN, LIVES ON CAMPUS AND THE HOUSE IS CLEANED BY THE FOUNTAIN VALLEY CUSTODIAL STAFF. MS. HARLAN HAS A DISCRETIONARY SPENDING ACCOUNT OF $10,000. THE DISCRETIONARY SPENDING ACCOUNT IS USED FOR HEAD OF SCHOOL TRAVEL, DEPARTMENT MEALS, AND TO OFFSET STUDENT EXPERIENTIAL LEARNING COSTS. THE FAIR MARKET VALUE OF THESE BENEFITS ARE NOT INCLUDED IN TAXABLE COMPENSATION. X 19 138836 DAILY MEAN X HORSE 1 5000 FMV 0 0 1 0 PART I, COLUMN (B): COLUMN B INDICATES THE NUMBER OF DONORS. SCHEDULE M, LINE 31 THE GIFT REVIEW COMMITTEE REVIEWS EVERY PROSPECTIVE GIFT TO FOUNTAIN VALLEY SCHOOL, OTHER THAN CASH OR MARKETABLE SECURITIES. THE GIFT REVIEW COMMITTEE WILL EVALUATE THE APPROPRIATENESS OF FOUNTAIN VALLEY SCHOOL ACCEPTING THE PROPOSED GIFT, ALWAYS USING AS THE PRIMARY DETERMINING FACTOR THE BEST INTERESTS OF FOUNTAIN VALLEY SCHOOL. IN REVIEWING PROPOSED GIFTS, THE GIFT REVIEW COMMITTEE WILL DETERMINE THE APPROPRIATE DISPOSITION OF THE GIFT BASED ON FOUNTAIN VALLEY SCHOOL'S NEEDS AND ITS ABILITY TO RECEIVE, MANAGE, OR ADMINISTER THE GIFT EFFECTIVELY. THE GIFT REVIEW COMMITTEE WILL THEN MAKE A RECOMMENDATION TO THE BOARD FOR FINAL APPROVAL OF GIFTS (OTHER THAN CASH OR MARKETABLE SECURITIES). FOR SUITABILITY, THE GIFT REVIEW COMMITTEE WILL ALSO BE THE REVIEWING BODY OF ANY GIFTS THAT FALL OUTSIDE THE NORMAL SCOPE OF GIFTS INCLUDING, BUT NOT LIMITED TO, LAND, ARTWORK, OR OTHER NON-CASH GIFTS. FORM 990, PART VI, SECTION A, LINE 1A DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE MAY EXERCISE ALL THE POWERS OF THE BOARD OF TRUSTEES TO THE EXTENT THAT THE BOARD OF TRUSTEES HAS DELEGATED ISSUES TO THE EXECUTIVE COMMITTEE, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL NOT APPOINT TRUSTEES, HIRE OR DISCHARGE THE HEAD OF SCHOOL OR SELL OR MORTGAGE SCHOOL LANDS, WITHOUT SPECIFIC AUTHORIZATION FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A THIRD-PARTY PREPARER WITH A DETAILED REVIEW BEING COMPLETED BY THE CFO OR OTHER SELECTED ADMINISTRATORS OF THE ORGANIZATION. AFTER A SECONDARY REVIEW IS PERFORMED BY THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FORM 990 A IS DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY STATEMENT IS REVIEWED ANNUALLY BY THE BOARD OF TRUSTEES AT THE FIRST MEETING OF THE FISCAL YEAR. ALL TRUSTEES ARE REQUIRED TO SIGN AND SUBMIT THE STATEMENT ANNUALLY. QUESTIONS ABOUT POTENTIAL CONFLICTS OF INTEREST ARE SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND DECISION AND MAY BE BROUGHT BEFORE THE ENTIRE BOARD FOR DISCUSSION AS DEEMED NECESSARY BY THE EXECUTIVE COMMITTEE. CONCERNS ABOUT POTENTIAL CONFLICTS, RAISED BY ORGANIZATION STAFF, ARE DIRECTED THROUGH THE HEAD OF SCHOOL TO THE BOARD OF TRUSTEES. CONCERNS REGARDING A CONFLICT OF INTEREST REQUIRE A BOARD MEMBER TO RECUSE THEMSELVES FROM VOTING ON THE ISSUE IN CONFLICT. ALL DELIBERATION AND DECISIONS REGARDING CONFLICTS OF INTEREST ARE DOCUMENTED IN BOARD MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DIRECTLY HIRES THE HEAD OF SCHOOL AND DETERMINES THE COMPENSATION PACKAGE. MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ARE RESPONSIBLE FOR NEGOTIATING COMPENSATION OF THE HEAD OF SCHOOL OR MAY DELEGATE SOME ASPECTS TO THE HEAD OF SCHOOL SEARCH COMMITTEE. HEAD OF SCHOOL COMPENSATION IS DETERMINED BASED ON QUALIFICATIONS AND EXPERIENCE AS MEASURED AGAINST THE NATIONAL ASSOCIATION OF INDEPENDENT SCHOOL NORMS AND CONSULTATION WITH CONSULTANTS FAMILIAR WITH INDEPENDENT SCHOOLS. A WRITTEN CONTRACT (HEAD OF SCHOOL'S CONTRACT) OF DUTIES AND RESPONSIBILITIES ALONG WITH SALARY AND BENEFITS IS PROVIDED EACH YEAR AFTER THE ANNUAL PERFORMANCE REVIEW. THE CFO IS HIRED BY THE HEAD OF SCHOOL UNDER THE ADVICE AND CONSENT OF THE BOARD OF TRUSTEES. THE CFO RECEIVES A WRITTEN CONTRACT WHICH DELINEATES DUTIES AND RESPONSIBILITIES ALONG WITH SALARY AND RELATED BENEFITS. BENEFITS RECEIVED ARE THE SAME PACKAGE AS PROVIDED TO OTHER EMPLOYEES OF THE SCHOOL. COMPENSATION IS DETERMINED BASED ON QUALIFICATIONS AND EXPERIENCE AND CONSULTATION WITH CONSULTANTS FAMILIAR WITH INDEPENDENT SCHOOLS. THE LAST REVIEW OF KEY EMPLOYEE COMPENSATION OCCURRED IN MAY 2023. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC ON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.