Friday, June 15, 2007

Posted by Nancy Wang

Nancy Wong posted (at a nother topic):

"What Zhoulin said in the election meeting is not true. We have solved the conflict of interest of teacher Xiang and Nancy Wong. Because Teacher’s is not on the payroll anymore. Same issue for the board member SunBenJin has also been solved. This is not the reason Zhoulin has been holding the payroll information. Her excuse was she couldn’t release payroll to board due to privacy reason. She asked board member sign a confidential agreement with her before she could release the information. After we consulted with school lawyer, there shouldn’t be any question for board to obtain financial data including payroll info from her. We then sent final request to her and accountant. Accountant immediately released all payroll info to me. I am doing audit right now. I have report a couple of issues to board. But so far, Board hasn’t decided to release any audit result to school members. If you like to know the details, I will ask board what level of detailed payroll info we can release to public as this is sensitive information. Please send email to dongshi02@nwchinese.org as formal request. I can’t answer questions based on an anonymous message from the blog."

Can you clarify "formal request" when we send email to dongshi02@nwchinese.org? Is it to request the financial report, or to request the release of school financial report?

June 15, 2007 5:37 AM

4 comments:

Anonymous said...

Anonymous said...
Thank you Nancy for your update. Of course we understand that the payroll information is confidential and senstive information need to be guarded prudently by the board. We are not intereted in who get paid by how much, except of course the key officers as mandated by law. We just want to know that the board exercised its duty of due care and make certain the school finance is managed properly. including payments made to vendors, suppliers, reimbursements, etc. How about PTA's fundraising income vs fund raising expnese reported on the financial statements. I recall someone else has raised this question before in this blog, Why the fund raising income largely comsumed by the fund raising expenses? Do we have a break down of what those large fund raising expenses are? Bottomline is, if there are any issues uncovered,I think the board should communicate to its NWCS members what the issues are and what specific actions the board plan to take or already taken, to address the issues and to prevent similar errors from happening again to gain back the confidence and trust of the NWCS members.

Another important thing, can someone ask the Board has the "not profit Corporation" registration with the state of washington been renewed yet? The lincense with the Secretry of state expired on 5/31/2007, according to the state website. SEE http://www.secstate.wa.gov/corps/
search_detail.aspx?ubi=601611205.

If not, this get to be taken care of immediately. we need to make sure NWCS complies with all the legal and regulation requirements. THe secretary of state website is updated daily during business days. As of today, the indication is that no renewal has been done. see the weblink above.

June 15, 2007 2:05 AM

Anonymous said...

送上两句话与大家共勉, 尤其是董事们:

难行能行,难舍能舍,难为能为,才能升华自我的人格。

做人要有踏实感,不要只有成就感。踏踏实实地做人,心中多舒服。

Anonymous said...

Now I know from Nancy's statement that:

Zhou Lin herself STILL HAS NOT RELEASED THE REPORT TO THE BOARD!!!!!

Anonymous said...

If that is true why BOD doesn't take legal action? Any comments from lawyers in our parents?