Pcr House Inc

“Form 990 is reviewed by the organization's outsourced accountants, as well as the president, treasurer and board of directors prior to being filed. The form 990 is also distributed to the board of directors prior to filing.”

“When an actual or potential conflict exists between the interests of pcr house, inc. And an interested party with respect to a specific proposed action or transaction, the interested party shall not participate or be present during the deliberations and decision making of the organization. The interested party may upon request be available to answer questions or provide factual information. An interested party is not included in the vote. The minutes of the meeting shall reflect that the conflict disclosure was made, the vote taken where applicable and the abstention from discussion and voting by the interested party was noted at the meeting and recorded.”

“The organization would consider making the governing documents and financial statements available to the public if requested to do so. However, these documents are typically not made available to the public.”

“CONSULTING 0 13,020 0”

“The organization defines board-designated operating reserves as the portion of "unrestricted net assets" that the board has designated for use in emergencies to sustain financial operations in the event of significant unbudgeted increases in operating expenses and/or losses in operating revenues. The amount of accumulated "unrestricted net assets" is increased or decreased as the result of annual operating surpluses or deficits. The organization received a special unrestricted donor contributions of 16,000 in fy 2021, 20,000 in fy 2022, 30,000 in fy 2024, and 10,000 during fy 2025; in addition to interest earned in fy 2023 of 1,464 and 1,745 in fy 2025 to increase the operating reserve, which the board has designated as a contribution to the operating reserve. The balance of board-designated operating reserve held by the organization at 6/30/2025 is calculated as follows: total liabilities and net assets/fund balances 1,634,920 less: restricted fund balances 0 less: equity in fixed assets (1,555,663) unrestricted net assets available for designation 79,257 less: board-designated operating reserve 79,210 undesignated operating funds 47 pcr house calculates its results from operations, less contributions, as follows: program service revenue of 51,065 less expenses of 99,944 - resulting in an operating deficit of (48,879) for fy 2025.”

“The organization prepares its financial statements on a modified cash basis of accounting, which is a comprehensive basis of accounting rather than accounting principles generally accepted in the united states of america. Consequently, certain revenue is recognized when received rather than when earned or promised and expenses are recognized when paid rather than when the obligation is incurred. Assets and liabilities arising from transactions that are also recorded include: (1) amounts receivable from or payables to affiliates, and (2) the cost of property and equipment.”