Portal

“Caleb spear jim bolton president treasurer family-in-law relationship”

“Form 990 reviewed by caleb spear (president) and by j. Hugh jones (general counsel). Distributed to all directors.”

“Disclosure as to any conflict of interest (or confirmation that there are not any conflicts of interests) must be made annually in writing by all officers and directors, and responsible individuals. In the event that a conflict of interest arises that has not been previously disclosed, the responsible individual shall disclose such conflict of interest as soon as possible. All information disclosed shall remain on file in the corporate records of the organization.”

“The compensation, if any, of each officer shall be as determined from time to time by the board of directors, or by an officer or a committee to which such authority has been delegated by the board of directors. To the extent reasonably feasible, the person or persons determining compensation shall obtain data on the comepnsation of officers holding similar positions of authority within comparable organizations, shall set the compensation based on such data and an evaluation of the position, and shall document the basis for the determination including the comparison data used, the requirements of the position, and the evaluation of the officer's performance and experience.”

“The compensation, if any, of each officer shall be as determined from time to time by the board of directors, or by an officer or a committee to which such authority has been delegated by the board of directors. To the extent reasonably feasible, the person or persons determining compensation shall obtain data on the comepnsation of officers holding similar positions of authority within comparable organizations, shall set the compensation based on such data and an evaluation of the position, and shall document the basis for the determination including the comparison data used, the requirements of the position, and the evaluation of the officer's performance and experience.”

“The policy of the organization is to make its articles of incorporation, bylaws, and conflict of interest policy, available upon request.”

“Portal funded 2 grants: 1) earthquake reconstruction grant:. Portal usa approved and funded a grant of 25,500 to support the reconstruction of permanent homes in nepal, helping people as they recover from the 2015 earthquake. 2) cargo bike grant: portal usa approved and funded a grant to make 350 long-tail cargo bikes available to people in nepal. This grant was partially funded in 2016. The program is ongoing and is expected to be fully funded in 2017. The grant funding in 2016 was 53,300.”

“Is accessible to people living in developing countries. This effort proved to be more challenging and time consuming than expected. However, by year end, pre-production samples were undergoing testing in nepal in preparation for mass production commencing in early 2017. These pre-production samples have received rave reviews from past portal entrepreneurs familiar with the bikes, as well as members of the general public surveyed regarding the refined design. We are proud to have been a part of bringing something to life that has the potential to make a dramatic difference in the lives of people around the world, especially those living in developing countries. We expect the fruits of our labor to be abundant and sweet as these bicycles reach the nepal market in 2017. In 2016 we also supported the reconstruction of 16 homes for families affected by the 2015 earthquake. These families were located in the dhading district of nepal, an area heavily effected by not only the earthquake, but the subsequent landslides that followed. Working with partners in nepal, we were able to provide homes consisting of a prefabricated steel frame, corrugated steel roof, and protective wire netting to these families. The families, in turn, provided their own labor and resources to construct solid walls, windows, and doors. The response to this project has been tremendous and all recipients have expressed immense gratitude. We are proud to be able to support the reconstruction of earthquake-safe homes in a way that involves the beneficiary in the process of design and construction. We also love seeing families empowered to get back to work, knowing that they can turn their focus away from reconstructing their homes and toward income generating activities. Both of these activities contributed toward providing 22,327 man hours of work to local nepalis. It is an honor and a privilege to empower people to create their own pathways out of poverty. We want to send our sincerest thanks to all of our amazing friends and supporters of that make this possible. Thank you”

“CONTRACTORS 29,000 0 0”