Urban Community School

“The form 990 is reviewed by the treasurer of the board, audit committee chair, and provided to the board of directors prior to filing.”

“The following procedure shall be followed for any contract, action, or transaction that affects or is between the pm foundation, inc. And one or more of its trustees or officers. Information regarding the contract, action or transaction shall be forwarded to the board of trustees no more than thirty nor less than fourteen days before the meeting at which the issue(s) are to be considered. The contract, action or transaction shall be placed on the agenda and discussed prior to the vote. A quorum of the board of trustees must be present and the trustee(s) affected by the contract, action or transaction may be counted for purposes of a quorum but may not take part in any vote on the issue(s) involved. All parties to the contract, action or transaction shall be invited to attend the meeting at which the potential conflict of interest is discussed and shall make a presentation on the issue(s). Before any contract, action or transaction identified as a potential conflict of interest may be adopted by the board of trustees, it must be determined to be in the best interest of the corporation. A written account of the activity involving the potential conflict of interest shall be made and kept and incororated in the minutes of the meeting. To the extent that conflict of interest is continuing and the contract, action or transaction goes beyond twelve months, the foregoing procedure shall be repeated annually.”

“The chair of the board solicited feedback from other members of the executive committee to assess the president's overall performance. The executive committee evaluates the president's performance against the responsibilities laid out in the president's job description and make recommendations to adjust compensation based on performance.”

“The foundation's governing documents and conflict of interest policy made available in director's office.”

“Urban community school strives to break social and economic barriers to success for cleveland's near west side children by providing an individualized, innovative, and challenging education. Rooted in the ursuline sisters' tradition of faith, character, and educational excellence, ucs engages our faculty, families, and community partners in the successful whole child development of our students.”

“Change in value of charitable gift annuity -31,419. Beneficial interest in subsidiary -919,688.”

“The organization uses a modified cash method for reporting.”

“There have been no changes from the prior year.”