Lapd Community Youth Welfare And

“Lapd community youth welfare & education fund's treasurer reviews the form 990 for accuracy. Subsequently form 990, complete with all schedules, is then provided to the full board before filing with the irs.”

“Lapd community youth welfare and education fund requires all officers and directors (covered persons) to disclose, at least annually any potential or actual conflict of interest. Under the policy: (a) any covered person with a material financial interest, directly or indirectly, shall disclose all the material facts regarding a financial interest in such contract or transaction or regarding such common directorship, officership, or financial interest in good faith and such facts shall be noted in the minutes, or ensure such facts are known to all members of the board prior to the board's consideration of such contract or transaction; (b) such contract or transaction is authorized in good faith by a majority of the board by a vote sufficient for that purpose without counting the votes of the interested party; (c) before authorizing or approving the transaction, the board considers and in good faith decides after reasonable investigation that the corporation could not obtain a more advantageous arrangement with reasonable effort under the circumstances; (d) the corporation for its own benefit enters into the transaction, which is fair and reasonable to the corporation, at the time the transaction is entered into; and all covered persons are required annually to sign a statement affirming receipt of the policy, understanding the policy, and agreement with the policy.”

“Governing documents, conflict of interest policy and financial statements are available to the public upon request. However current tax law does not require the governing documents, conflict of interest policy or financials be provided to the public.”

“Outside contractor services: program service expenses 0. Management and general expenses 506. Fundraising expenses 0. Total expenses 506.”

“Course materials: program service expenses 5,347. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,347. Cadet nutrition: program service expenses 3,951. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,951. Nutrition: program service expenses 3,459. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,459. Field trip: program service expenses 2,680. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,680. Supplies: program service expenses 0. Management and general expenses 2,574. Fundraising expenses 0. Total expenses 2,574. Other program expenses: program service expenses 657. Management and general expenses 0. Fundraising expenses 0. Total expenses 657. Cadet graduation - other: program service expenses 99. Management and general expenses 0. Fundraising expenses 0. Total expenses 99.”