Research for Better Schools Inc

“The affiliation between the organization and phmc creates a "membership model" whereby phmc is the sole member of its affiliates.”

“Per the affiliation agreement between the organization and phmc, phmc has the authority to elect and remove affiliate board members.”

“Per the affiliation agreement between the organization and phmc, phmc has the authority to elect and remove affiliate board members.”

“Phmc west's board of directors fulfils its oversight responsibilities related to the financial reporting process. The board will review and approve organization financial statements and the form 990 tax return. The board will review with management and independent accountants all matters including financial statement findings and comments and form 990 concerns, if any. Management will provide form 990 upon request.”

“Phmc west has a conflict of interest policy to include directors, officers, executive director, president and key management employees. Such individuals, as described above, must disclose actual or potential conflict of interest by completing an annual conflict of interest statement and disclosure form, and must update the disclosure form on an on-going basis as any new activities or relationships arise. Policy extends to individual's immediate family members (spouse, partner, siblings, parents and children). Completed disclosure forms are maintained at phmc's corporate office and reviewed by the president and senior phmc management. If an actual or potential conflict arises, the matter is discussed at the appropriate board level. Board or designated committee shall review each conflict within one month to determine if a conflict exists. If a conflict exists, interested party must abstain from participating in discussion or decision-making on this matter. The minutes of the board shall record the names of the persons who were found to have an actual or potential conflict of interest, the nature of the conflict, follow up, and board's decision as to whether a conflict of interest in fact existed. The minutes will also record the board vote and persons who abstained and any alternative to the proposed transaction or arrangement. Intentional violation of this policy constitutes cause for termination or removal.”

“Phmc west makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“Professional fees: program service expenses 1,350,661. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,350,661.”