Pacific Northwest Parkour Association

“Executive director and accountant complete 990 with accounting firm and support from board. All board members review and approve 990 prior to submission.”

“The conflict of interest policy covers the board of directors, management, and employees of the organization. Whenever any member of the board or senior staff raises the potential of something being a conflict of interest regardless of if it involves them we review the policy and determine. We also review our conflict of interest in our bylaws each year and sign off on it. With regard to the executive director or a person with substantial influence over parkour visions, the board shall follow the procedures set forth in article v of the conflict of interest policy in order to decide whether to enter into the transaction and, if so, to ensure that the terms of the transaction are reasonable. In the case of a director, if it is determined that a conflict of interest exists, the director shall leave the meeting while the transaction is discussed and shall not vote on it. The remaining directors shall follow the procedures set forth in article v of the conflict of interest policy in order to decide whether to enter into the transaction and, if so, to ensure that the terms of the transaction are reasonable. If the board of directors determines that a person with substantial influence over parkour visions has a conflict of interest with regard to a transaction of parkour visions, parkour visions may engage in the transaction only if the following conditions are met prior to the transaction: a. Such person shall disclose to the board all material facts concerning the person's affiliation with the transaction. B. The board shall review the material facts. The transaction may be approved only if a majority of the directors, not counting the vote of such person, concludes that: 1. The proposed transaction is fair and reasonable to parkour visions, and 2. Parkour visions proposes to engage in this transaction for its own purposes and benefits and not for the benefit of such person, and 3. The proposed transaction is the most beneficial arrangement that parkour visions could obtain in the circumstances with reasonable efforts. The minutes of any meeting at which such a decision is taken shall record the nature of the affiliation and the material facts disclosed by such person and reviewed by the board.”

“On an annual basis, the board president and executive committee reviews the executive director's performance and compensation.”

“Organization documents available upon request. Bylaws available for download on our website. 990s on guidestar as well as on our website.”

“Published here: https://parkourvisions.org/finances”