Pones Inc

“Executive Director & Board Member Kimberly Popa & Board Member Thomas Popa - Family Relationship”

“The Board Treasurer reviews the 990 in detail and is available to address any questions or comments of other board members regarding the return. No formal review with other members was conducted.”

“If any transaction is considered which may result in a conflict of interest for any member of the governing body, or such a transaction is discovered after it has occurred, the transaction's circumstances and details are reviewed by the other members of the governing body to determine if a conflict of interest exists. The member with the potential conflict may offer information, but is prohibited from participating in the governing body's deliberation and decision regarding the conflict.”

“Annually, the board treasurer and 1-2 other board members review compensation for the executive director, the only employee of the organization. The process includes review and approval by independent persons, use of comparability data, and contemporaneous substantiation of the deliberation and decision. To avoid even the appearance of a conflict of interest, this process excludes the member of the governing body with a family relationship to the executive director.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Program Service Fees represent amounts paid to independent contractors serving as teaching artists and performers. Management & General Fees represent amounts paid to an independent contractor serving as an administrative intern.”

“Rounding adjustment for partial dollars”