Bylaws of the

LAKES INTERNATIONAL LANGUAGE ACADEMY (LILA)

BOOSTER CLUB

Article I
Name and Purpose

Section 1.01. Name. The name of this organization shall be LILA BOOSTER CLUB.

Section 1.02. Purpose. The organization is organized and operated for the charitable and educational purposes
of supporting the extracurricular and educational programs of the Lakes International Language Academy (LILA)
Upper School (Grades 6-12).

Article II
Membership

Section 2.01. Qualification. All parents, guardians or other persons with a child enrolled and attending LILA Upper
School and members of the licensed teaching staff shall be considered voting members of the organization. The
Principal and Assistant Principals shall be non-voting, advisory members of the organization.

Section 2.02. Rights and Responsibilities. The members shall have the right and responsibility to attend meetings
and events sponsored by the organization, serve on committees and be nominated and elected to office. Voting
members shall have the right to vote for the officers, review and approve the annual budget and approve
amendments to these bylaws.

Section 2.03. Quorum. The members present at any membership meeting of the organization, provided at least six
(6) members are present, shall constitute a quorum for the transaction of business. In the absence of a quorum
the membership may not take action. In that event, any matter brought before the membership at a meeting at
which a quorum is not present shall be discussed and decided by the Executive Board.

Section 2.04. Meetings. There shall be at least one general annual meeting of the membership in APRIL at which
the officers are elected. Such additional business or special meetings may be held alone or in conjunction with an
event sponsored by the organization as is determined by the Executive Board or at the request of twenty (20) or
more members in writing to the Executive Board.
 Article III
Executive Board

Section 3.01. Membership. The Executive Board shall consist of the elected officers of the
organization as well as the LILA Athletic Director and Activities director…(who is Jeni’s
counterpart for other clubs/extracurricular activities???.

Section 3.02. Authority. The affairs, activities and operation of the organization shall be managed by the Executive
Board. The Executive Board shall transact necessary business during the intervals between the meetings of the
membership and such other business as may be referred to it by the membership or these bylaws. It may create
Standing and Special Committees, approve the plans and work of standing and special committees, prepare and
submit a budget to the membership for approval, and, in general, conduct the business and activities of the
organization.

Section 3.03. Meetings. The Executive Board shall meet monthly to prepare for general membership meetings and to
conduct the affairs of the organization.

Section 3.04. Quorum. A quorum of the Executive Board for the conduct of business shall consist of at least three (3)
officers in attendance.

Section 3.05. Action Without a Meeting. Any action required or permitted to be taken at a meeting of the Board of
Directors (including amendment of these bylaws) or of any committee may be taken without a meeting if all the
members of the Board or committee consent in writing to taking the action without a meeting and to approving the
specific action. Such consents shall have the same force and effect as a unanimous vote of the Board or of the
committee as the case may be.

Section 3.06. Participation in Meeting by Conference Telephone. Members of the Board may participate in a
meeting through use of conference telephone or similar communications equipment, so long as members
participating in such meeting can hear one another.

Section 3.07. Reimbursement. Executive Board members shall serve without compensation with the exception that
expenses incurred in the furtherance of the organization’s business are allowed to be reimbursed with documentation
in accordance with the organization’s financial policies, and prior approval.

Article IV
Officers and Their Elections

Section 4.01. Officers. The officers of this organization shall include one President, two Vice Presidents, a
Secretary and a Treasurer and such additional officer(s) as may be elected or appointed by the Executive Board
from time to time.

Section 4.02. Election. A nominating committee composed of the current President and at least one additional
officer shall begin seeking nominees in MARCH of the year in which the candidates will be elected and develop a
slate of candidates. The candidates shall be announced to the membership as soon as possible. Additional
nominees may be solicited from the floor on the day of the election. Only those who have consented to serve shall
be eligible for nomination, either by the committee or from the floor.

Officers shall be elected at the APRIL meeting of the organization by the members present. Officers shall assume
their official duties on the last day of the current school year following their election.

Section 4.03. Term. Officers shall serve a two-year term. Officers may be elected for up to three consecutive terms
in the same office.

Section 4.04. Vacancies. A vacancy occurring in any office shall be filled for the unexpired term by a person
elected by a majority vote of the remaining members of the Executive Board. Vacancies can also be left until the
next election at the discretion of the Executive Board.

Article V
Duties of Officers

Section 5.01. President. The President shall be the principal executive officer of the organization and, subject to
the control of the Executive Board shall in general supervise and control all of the activities of the organization.
The President shall be a member of the Executive Board and, when present, shall preside at all meetings of the
Executive Board and all meetings of the membership. The President shall vote only in the case of a tie in a vote of
the Executive Board or the membership. The President shall select and appoint the chairpersons of all Standing
and Special Committees and shall be an ex-officio member of all committees of the organization.

Section 5.02. Vice-Presidents. There shall be TWO (2) Vice-Presidents. One with oversight of Sports Programs and
the other with oversight of all other Extracurricular Clubs and Student Activities. Both Vice-Presidents shall be a
member of the Executive Board and, in the absence of the President, one shall step in to perform the duties of the
President. The Vice-Presidents shall perform such other duties as are assigned by the President or the Executive
Board.

Section 5.03. Secretary. The Secretary shall be a member of the Executive Board. The Secretary shall keep the
minutes of the proceedings of the membership and the Executive Board, shall see that all notices are duly given in
accordance with these Bylaws, shall be responsible for the publishing of meeting minutes, shall manage and keep
an accurate tally of the volunteer records and, in general, perform all duties incident to the office of Secretary and
such other duties as may be assigned by the President or the Executive Board.

Section 5.04. Treasurer. The Treasurer shall be a member of the Executive Board. The Treasurer is the authorized
custodian to have oversight of all funds of the organization in accordance with the organization’s financial policies.
The Treasurer will organize, document, and record all financial activities. The Treasurer will be diligent and
conscientious in ensuring all funds are received and spent in accordance with the organization’s tax-exempt purpose,
bylaws and budget. The financial records belong to the organization and must be available to the other officers and
members upon request.

The Treasurer shall:

 Prepare an annual budget for review and approval by the members.
 Ensure that numbered receipts are provided for cash received by the organization.
 Ensure that all funds are timely deposited in the organization’s authorized bank account(s).
 Ensure that payments and disbursements are authorized by approved budget, or an amendment to the budget.
 Present a written financial report (including income and expenditures and comparing budgeted amounts to
actual year-to-date amounts), at each General Membership Meeting of the membership and at other times as
requested by the Executive Board.
 See that an annual financial review or audit, as appropriate based on budget size, is conducted and presented to
the Executive Board, General Membership, and other stakeholders.
 Maintain financial records (including financial reports, checkbook, bank statements, deposit slips, cash tally
sheets, documentation regarding transactions, IRS Form 990 documents, etc.) and turn all over to the new
treasurer.

Article VI
Finances

Section 6.01. Budget. The Executive Board shall present to the membership at the regular meeting of the
membership during which the officers are elected, or as soon thereafter as practicable, a budget of anticipated
revenue and expenses for the year. This budget shall be used to guide the activities of the organization during the
year, including serving as approval for anticipated expenditures. Any substantial deviation from the budget must
be approved in advance by the membership.

Section 6.02. Obligations. The Executive Board may authorize any officer or officers to enter into contracts or
agreements for the purchase of materials or services on behalf of the organization.

Section 6.03. Loans. No loans shall be made by the organization to its officers or members.

Section 6.04. Checks. All checks, drafts, or other orders for the payment of money on behalf of the organization
shall be signed by the Treasurer or by any other person as authorized in writing by the Executive Board, except
that checks of $500 or more must have the signature of at least two officers, such as the Treasurer and the
President. Checks shall bear notice of this requirement above the signature line as follows, “Two signatures
required for checks in the amount of $500 or more.”

Section 6.05. Banking. The Treasurer shall ensure that all funds of the organization are timely deposited to the
credit of the organization in such banks or other depositories as determined by the Executive Board. All deposits
and disbursements shall be documented by a receipt, an invoice, or other written documentation. Sequentially
numbered receipts shall be provided, with a copy kept, whenever cash is turned over or collected. All deposits
and/or disbursements shall be made as soon as practicable upon receipt of the funds, normally daily, immediately
after received and counted.

If debit or credit cards are established in the name of the organization, a policy approved by the Executive Board
shall be developed and used that includes a list of the authorized users, daily/monthly/annual spending limits, and
review and oversight provisions. No personal charging on the card by the authorized users shall be allowed.

Section 6.06. Financial Controls. The organization shall adopt appropriate financial controls to ensure the integrity
of its funds. Specifically, without limitation, the organization shall maintain separation of financial controls so that,
minimally:
 All expenses must be approved by the membership by way of approval of an annual budget, or amendments
thereto, or be approved by separate resolution of the Executive Board;
 Checks exceeding $500 must be endorsed by at least two officers authorized by resolution of the Executive
Board, and checks of the corporation shall include above the signature line a notice to this requirement;
 An officer or other person without check signing authority designated by the Executive Board shall review and
reconcile all bank statements on a monthly basis; and,
 A committee of at least two (2) persons without check signing authority shall annually audit all corporate
finances, or hire and supervise an outside accountant or auditing firm to conduct a review of corporate financial
records.

Section 6.07. Financial Report. The Treasurer shall present a financial report at each membership meeting of the
organization and prepare a final report at the close of the year in accordance with the organization’s financial
policies. The Executive Board shall have the report and the accounts examined annually. If the organization grosses
less than $200,000 per year, the financial practices and accounts may be reviewed by an internal audit committee.
The audit committee shall consist of two or more Board or voting members of the organization who are not involved
in the routine handling of the organization’s finances, including not having signature authority on bank accounts or
approval authority over disbursements. If the organization grosses over $200,000 in receipts, an external
professional, such as a certified public accountant (CPA), shall be hired by the audit committee to perform a financial
review or compilation. A full audit shall be conducted by an external CPA when annual gross receipts equal or
exceed $800,000.

Section 6.08. Fiscal Year. The fiscal year of the organization shall be from July 1 to June 31 but may be changed
by resolution of the Executive Board.

Section 6.09. Financial Record Retention. All records of the organization shall be maintained and destroyed in
accordance with law, and standard record retention guidelines. Financial records shall be maintained as follows:

RECORD HOW TO STORE PERIOD OF TIME

Year-end Treasurer’s financial Store in corporate record book, At least seven (7) years
report/statement, annual Internal binder, or cloud-based software. Consider keeping permanently.
Financial Review Reports, IRS Form
990s
Bank statements, canceled checks, Compile & file records on a yearly Seven (7) Years
check registers, invoices, receipts, basis. Store in binder or cloud- Store w/financial records.
cash tally sheets, investment based software. Destroy after seven years.
statements, and related documents
Treasurer’s reports (monthly) Compile & file records on yearly Three (3) Years
basis. Store in binder or cloud- Store w/ financial records.
based software. Destroy after three years.
 ARTICLE VII
Conflicts of Interest

Section 7.01. Existence of Conflict, Disclosure. Directors, officers, employees and contractors of Corporation
should refrain from any actions or activities that impair, or appear to impair, their objectivity in the performance
of their duties on behalf of the Corporation. A conflict of interest may exist when the direct, personal, financial or
other interest(s) of any director, officer, staff member or contractor competes or appears to compete with the
interests of the Corporation. If any such conflict of interest arises the interested person shall call it to the attention
of the Board of Directors for resolution. If the conflict relates to a matter requiring board action, such person shall
not vote on the matter. When there is a doubt as to whether any conflict of interest exists, the matter shall be
resolved by a vote of the Board of Directors, excluding the person who is the subject of the possible conflict.

Section 7.02. Nonparticipation in Vote. The person having a conflict shall not participate in the final deliberation
or decision regarding the matter under consideration and shall retire from the room in which the Board is meeting.
However, the person may be permitted to provide the Board with any and all relevant information.

Section 7.03. Minutes of Meeting. The minutes of the meeting of the Board shall reflect that the conflict was
disclosed and the interested person did not participate during the final discussion or vote and did not vote on the
matter.

Section 7.04. Annual Review. A copy of this conflict of interest statement shall be furnished to each director or
officer, employee and/or contractor who is presently serving the Corporation, or who hereafter becomes
associated with the Corporation. This policy shall be reviewed annually for information and guidance of directors
and officers, staff members and contractors, and new officers and directors, staff members and contractors shall
be advised of the policy upon undertaking the duties of their offices.

ARTICLE VIII
Indemnification

Every member of the Executive Board, officer or employee of the Corporation may be indemnified by the
Corporation against all expenses and liabilities, including counsel fees, reasonably incurred or imposed upon such
members of the Board, officer or employee in connection with any threatened, pending, or completed action, suit
or proceeding to which she/he may become involved by reason of her/his being or having been a member of the
Board, officer, or employee of the Corporation, or any settlement thereof, unless adjudged therein to be liable for
negligence or misconduct in the performance of her/his duties. Provided, however, that in the event of a
settlement the indemnification herein shall apply only when the Board approves such settlement and
reimbursement as being in the best interest of the Corporation. The foregoing right of indemnification shall be in
addition and not exclusive of all other rights which such member of the Board, officer or employee is entitled.
 ARTICLE IX
Amendments

These Bylaws may be amended at any regular or special meeting of the membership by a majority vote of the
members present, provided that at least thirty (30) days’ notice of the proposed amendments has been made to
the membership, or alternatively the membership waives the required notice.

ARTICLE X
Dissolution

This Organization may be dissolved by a majority vote of the membership following Article IX relating to
Amendments. Should this organization be dissolved, remaining funds shall continue to be used for the benefit of
LILA programs until funds are exhausted. After dissolution, disbursement of funds shall be at the sole discretion of
the LILA Upper School Principle or their designated representative.

Effective this 1st Day of MAY, 2019. These approved By Laws shall replace any previously issued and authorized by
laws of the Lakes International Language Academy Booster Club or its predecessor programs.