Friends of 4Points Academy is non-Profit Organization formed by parents interested in the educational efforts of 4Points Academy to help support the work of the Academy. Controlled by a 3-member Board, which includes the Director of the Academy and Two Independent Business Leaders, all on a volunteer basis, the organiazation plans fund raising activities to raise funds for specific projects identified as a need for the Academy. As a first project, F4PA has identified the acquisition of a larger space for the 2017-2018 school year, and are working to identify a lease space with a 3 year outlook. Monies raised by F4PA is tightly controlled and can be allocated only to specific projects, with a super-majority vote required for expenses over $5000.00. In limited situations, and on unanimous vote of the Board, F4PA can provide tuition scholarships to offset a portion of a student's tuition where the family demonstrates an actual need. A separate ongoing scholarship fund drive can be provided for that purpose. F4PA will hire (on an hourly basis), a part time accounting person and/or accounting firm to independently control the books of the organization and to prepare its year-end tax documents.
Recent News - current projects
F4PA applies for 501(c)(3) status. As a not-for-profit organization, contributions made to F4PA will be fully tax deductible. F4PA Board has approved a resolution to officially file the documents to achieve that status with the IRS.
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