It has come to my attention that the financial records at the Galloway School are not what they should be. Anyone interested in finding out the truth should know that as a non-profit, The Galloway School is required to provide their financial records upon request. I think all parents paying tuition should request a copy and review the financial records of the school. As always, your comments here are appreciated or you can email them to:
concerned.galloway.parents@gmail.com
Teachers, it is time to speak up.
Non-profit 501(c)(3) organizations must make a detailed financial report to the IRS each year using form 990. These forms are public record, and anyone can see exactly what funds the organization garnered over the past 3 years and where the money went. Non-profits are LEGALLY REQUIRED to disclose their annual tax filings upon request by any citizen of the United States, and to have them on file ...readily available for viewing. If the non-profit organization fails to make this documentation available, the IRS can be contacted to file a complaint at:
ReplyDeleteIRS EO Classification
Mail Code 4910
1100 Commerce St.
Dallas, TX 75242
Documents that are required to be made available to the public upon request are:
1. The 3 most recent 990's
2. The Articles of Incorporation
3. Their Letter of Determination
4. The original application for non-profit status (either a form 1023 or 1024)