Civic Intelligence

Friends of Porter Ranch Community School

EIN 80-0795741 • 501(c)3 • Porter Ranch, CA

Profile

NONE

12450 Mason AvePorter Ranch, CA 91326

www.goprcs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

60th percentile

9.8%

Higher net margin than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

70th percentile

14%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

86th percentile

68%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$666,008

Up $82,275 (+14%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$666,008

Up $82,275 (+14%) from 2024

Revenue

Up

$842,473

Up $342,371 (+68%) from 2024

Expenses

Up

$760,198

Up $338,412 (+80%) from 2024

Net Income

Up

$82,275

Up $3,959 (+5.1%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $229,772Liabilities 2014: $0Net Assets 2014: $229,7722014Assets 2015: $220,481Liabilities 2015: $126Net Assets 2015: $220,3552015Assets 2016: $452,215Liabilities 2016: $0Net Assets 2016: $452,2152016Assets 2017: $564,989Liabilities 2017: $0Net Assets 2017: $564,9892017Assets 2018: $472,956Liabilities 2018: $0Net Assets 2018: $472,9562018Assets 2019: $445,768Liabilities 2019: $0Net Assets 2019: $445,7682019Assets 2020: $502,204Liabilities 2020: $52,408Net Assets 2020: $449,7962020Assets 2021: $442,212Liabilities 2021: $0Net Assets 2021: $442,2122021Assets 2022: $484,462Liabilities 2022: $0Net Assets 2022: $484,4622022Assets 2023: $506,208Liabilities 2023: $791Net Assets 2023: $505,4172023Assets 2024: $583,733Liabilities 2024: $0Net Assets 2024: $583,7332024Assets 2025: $666,008Liabilities 2025: $0Net Assets 2025: $666,0082025

Highlighted filing

2025

Assets$666,008
Liabilities$0
Net Assets$666,008

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $290,378Expenses 2014: $220,691Net Income 2014: $69,6872014Revenue 2015: $347,581Expenses 2015: $356,998Net Income 2015: -$9,4172015Revenue 2016: $337,338Expenses 2016: $105,603Net Income 2016: $231,7352016Revenue 2017: $390,293Expenses 2017: $277,519Net Income 2017: $112,7742017Revenue 2018: $357,713Expenses 2018: $449,746Net Income 2018: -$92,0332018Revenue 2019: $439,733Expenses 2019: $466,921Net Income 2019: -$27,1882019Revenue 2020: $340,440Expenses 2020: $336,412Net Income 2020: $4,0282020Revenue 2021: $162,626Expenses 2021: $170,210Net Income 2021: -$7,5842021Revenue 2022: $258,196Expenses 2022: $215,946Net Income 2022: $42,2502022Revenue 2023: $341,494Expenses 2023: $320,539Net Income 2023: $20,9552023Revenue 2024: $500,102Expenses 2024: $421,786Net Income 2024: $78,3162024Revenue 2025: $842,473Expenses 2025: $760,198Net Income 2025: $82,2752025

Highlighted filing

2025

Revenue$842,473
Expenses$760,198
Net Income$82,275

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.66$0.00$6.66$8.42$7.60$0.82
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.84$0.00$5.84$5.00$4.22$0.78
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.06$0.01$5.05$3.41$3.21$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$0.00$4.84$2.58$2.16$0.42
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.42$0.00$4.42$1.63$1.70$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.02$0.52$4.50$3.40$3.36$0.04
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.46$0.00$4.46$4.40$4.67$0.27
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.73$0.00$4.73$3.58$4.50$0.92
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.65$0.00$5.65$3.90$2.78$1.13
2016Detailed filing. Detailed filing data is available for this year.$4.52$0.00$4.52$3.37$1.06$2.32
2015Summary only. Only limited summary data is available for this year.$2.20$0.00$2.20$3.48$3.57$0.09
2014Summary only. Only limited summary data is available for this year.$2.30$0.00$2.30$2.90$2.21$0.70
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 4, 2025
Return Version
2024v5.0
Gross Receipts
$905,992
Mission and Program Overview

Mission

The organization supplements and enriches the education of children who attend porter ranch community school ("prcs"), a publicly-supported school with grades ranging from kindergarten to 8th grade, by providing classes and educational opportunities either not provided by or underfunded by the los angeles unified school district ("lausd"). It also provides additional supplies, equipment, and teaching assistance to prcs.

See form 990, part iii - statement of program service accomplishments

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$583,733$666,008▲ $82,275
Savings and Temporary Cash Investments$459,085$604,696▲ $145,611
Cash and Non-Interest-Bearing Accounts$124,648$61,312▼ $63,336
Total Assets$583,733$666,008▲ $82,275
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$583,733$666,008▲ $82,275
Total Liabilities and Net Assets / Fund Balance$583,733$666,008▲ $82,275
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bassam DimashkiePresident
Adrienne MasiDirector
Anu DimashkieDirector
Betty ChenDirector
Christine DizonDirector
Gabrielle KhanlianDirector
Jasmeen UbhiDirector
Julia UberDirector
Simon UbhiDirector
Morgan GardellaSecretary
Ricky NagraTreasurer
Shauna IsenbergVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$438,090
Program Service Revenue
$0
Investment Income
$21,013
Other Revenue
$383,370
All Other Contributions
$438,090
Change in Net Assets
$82,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$760,198
Total Fundraising Expense$63,519
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses-$11,686$63,519$75,205
Other Expenses$53,396--$53,396
Fees for Services Legal-$9,400-$9,400
Office Expenses-$704-$704
Insurance-$620-$620
Total Functional Expenses$674,269$22,410$63,519$760,198
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$446,889
Fundraising Direct Expenses$63,519
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gift Campaign$318,979$318,979$26,437$292,542
5k Run$127,910$127,910$37,082$90,828
Total Events$446,889$446,889$63,519$383,370
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

Article 4 of the bylaws of friends of porter ranch community school defines membership as: a. The corporation shall have one class of members, and each member shall have equal voting and other rights. B. Every person who is the parent or guardian of one or more children enrolled in porter ranch community school (the "school") shall be a member of the corporation. Members of the faculty, administration and staff of the school shall also be eligible to become members of the corporation, and will become members by notifying the secretary of their wish to exercise that right. C. There shall be no required dues, fees or assessments of members, except to the extent that they may be solicited for donations from time to time. The treasurer shall maintain an annual list of donors to the corporation. D. Membership begins when a members child enters the school or the member is hired as an employee of the school, and terminates when a member ceases to meet the eligibility requirement of paragraph b of this section (defined above).

Form 990, Page 6, Part VI, Line 7A

Article 4 of the bylaws of friends of porter ranch community school defines membership as: a. The corporation shall have one class of members, and each member shall have equal voting and other rights. B. Every person who is the parent or guardian of one or more children enrolled in porter ranch community school (the "school") shall be a member of the corporation. Members of the faculty,administration and staff of the school shall also be eligible to become members of the corporation, and will become members by notifying the secretary of their wish to exercise that right. C. There shall be no required dues, fees or assessments of members, except to the extent that they may be solicited for donations from time to time. The treasurer shall maintain an annual list of donors to the corporation. D. Membership begins when a members child enters the school or the member is hired as an employee of the school, and terminates when a member ceases to meet the eligibility requirement of paragraph b of this section (defined above). Directors (i.e., the governing board) are elected at an annual meeting of membership by a majority of the members present and voting.

Form 990, Page 6, Part VI, Line 7B

The following actions shall require a vote by the members (in addition to the board)to be effective: a) with the exception of the initial board of directors, the appointment of the board of directors; b) approval of the corporations annual budget; and c) dissolution of the corporation and winding up of business.

Form 990, Page 6, Part VI, Line 11B

A draft electronic copy of this form 990 was provided to all board members and officers prior to it ultimately being finalized for filing with the irs. A complete electronic copy of the final form 990 as ultimately filed with the irs was provided to each person who is a voting member of the board of directors and/or an officer before filing with the irs.

Form 990, Page 6, Part VI, Line 12C

The conflict of interest policy is reviewed annually by all new and returning board members as part of a scheduled board meeting to ensure that all board members are aware of their duty to disclose any financial interests. If any potential conflicts of interest exist, the organization follows its conflict of interest policy, which establishes its procedures for identifying and addressing any such conflicts.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public by providing copies on request. The organization?s governing documents, conflict of interest policy, and financial statements are also available to the public at each meeting of the members or directors.

Filing and Contact Details

Filer

Filer Name
Friends of Porter Ranch Community
EIN
80-0795741
Phone
8187097100
Address
12450 MASON AVE, PORTER RANCH, CA 91326

Signing Officer

Name
Bassam Dimashkie
Title
President
Phone
8187097100
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bassam Dimashkie
Formed
2012
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
6
Volunteers
30

Preparer

Firm
Tax Point Partners
Address
177 E COLORADO BLVD SUITE 200, PASADENA, CA 91105
Preparer
Janette Walczak CPA
Phone
6262192978
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The organization supplements and enriches the education of children who attend porter ranch community school ("prcs"), a publicly-supported school with grades ranging from kindergarten to 8th grade, by providing classes and educational opportunities either not provided by or underfunded by the los angeles unified school district ("lausd"). It also provides additional supplies, equipment, and teaching assistance to prcs.

Form 990, Page 2, Part III, Line 4D

Computer lab teacher and science lab assistant: this expenditure is to fund an instructor and lab assistant in the prcs computer and science labs. The computer lab instructor provides guidance and support to students to reinforce learning basic computer skills, to practice keyboarding skills, to access and use various educational software, and to engage in age appropriate computer projects. The science lab assistant assists teachers with the set up and use of the science lab. The additional staffing benefits students at all grade levels. Technology equipment: these expenditures provided computers, interactive whiteboards, projectors, printers, online reading programs, and promethean boards to use in the prcs classrooms. These expenditures benefit students across all grade levels. Ymca play: this expenditure provided physical education for all elementary grade levels at prcs, which is not provided by lausd. This expenditure benefitted all students in grades k through 5. Other miscellaneous grants: these expenditures included the leader in me program,korean drum instruction, scholastic news publications, teacher supplies and support,and culmination supplies. Field trips: these expenditures provided funding for field trips for students at prcs for off-campus science, theater, and educational excursions. These expenditures benefitted students in all grade levels.

Raw XML AppendixShowing 400 of 417 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc05TH & 8TH GRADE CELEBRATIONS: THE PTA SUPPORTED EDUCATIONAL ENRICHMENT THROUGH YEAR-END 5TH & 8TH GRADE PROMOTION CELEBRATIONS THAT RECOGNIZED STUDENTS' ACADEMIC GROWTH, LEADERSHIP, AND READINESS FOR THE NEXT PHASE OF THEIR EDUCATION. THESE EVENTS PROVIDED MEANINGFUL OPPORTUNITIES FOR STUDENTS TO REFLECT ON THEIR LEARNING, CELEBRATE THEIR ACHIEVEMENTS, AND BUILD A SENSE OF COMMUNITY AND PRIDE IN THEIR SCHOOL. THE PTA COORDINATED THE PLANNING, FUNDING AND VOLUNTEER EFFORTS TO ENSURE ENGAGING EXPERIENCES THAT REINFORCED THE IMPORTANCE OF EDUCATION AND ENCOURAGED CONTINUED ACADEMIC SUCCESS.
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IRS990/MissionDesc0THE ORGANIZATION SUPPLEMENTS AND ENRICHES THE EDUCATION OF CHILDREN WHO ATTEND PORTER RANCH COMMUNITY SCHOOL ("PRCS"), A PUBLICLY-SUPPORTED SCHOOL WITH GRADES RANGING FROM KINDERGARTEN TO 8TH GRADE, BY PROVIDING CLASSES AND EDUCATIONAL OPPORTUNITIES EITHER NOT PROVIDED BY OR UNDERFUNDED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT ("LAUSD"). IT ALSO PROVIDES ADDITIONAL SUPPLIES, EQUIPMENT, AND TEACHING ASSISTANCE TO PRCS.
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IRS990/ProgSrvcAccomActy2Grp/Desc0PORTER RANCH COMMUNITY SCHOOL/LOS ANGELES UNIFIED SCHOOL DISTRICT ("LAUSD"): THIS GRANT WAS FOR AIDES/STAFF IN THE ELEMENTARY AND MIDDLE SCHOOL CLASSROOMS. THE AIDES PROVIDE CLASSROOM SUPPORT TO THE TEACHERS AND PLAYGROUND SUPERVISION. THIS GRANT BENEFITTED STUDENTS AT ALL GRADE LEVELS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0LEARNING ACADEMIES: THESE EXPENDITURES ON BEHALF OF PRCS WERE TO FUND A STEAM ACADEMY FOR GRADES K TO 5 AND A LEADERSHIP ACADEMY FOR GRADES 6 TO 8. EXPENDITURES INCLUDED DANCE AND THEATER INSTRUCTION, MATH AND SCIENCE EDUCATIONAL MATERIALS, STEM AND ART RELATED FIELD TRIPS, IXL LEARNING SOFTWARE FOR MATH, STEM SUPPLIES, AND ADDITONAL ACADEMY SUPPORT. THESE EXPENDITURES BENEFIT STUDENTS ACROSS ALL GRADE LEVELS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0COMPUTER LAB TEACHER AND SCIENCE LAB ASSISTANT: THIS EXPENDITURE IS TO FUND AN INSTRUCTOR AND LAB ASSISTANT IN THE PRCS COMPUTER AND SCIENCE LABS. THE COMPUTER LAB INSTRUCTOR PROVIDES GUIDANCE AND SUPPORT TO STUDENTS TO REINFORCE LEARNING BASIC COMPUTER SKILLS, TO PRACTICE KEYBOARDING SKILLS, TO ACCESS AND USE VARIOUS EDUCATIONAL SOFTWARE, AND TO ENGAGE IN AGE APPROPRIATE COMPUTER PROJECTS. THE SCIENCE LAB ASSISTANT ASSISTS TEACHERS WITH THE SET UP AND USE OF THE SCIENCE LAB. THE ADDITIONAL STAFFING BENEFITS STUDENTS AT ALL GRADE LEVELS. TECHNOLOGY EQUIPMENT: THESE EXPENDITURES PROVIDED COMPUTERS, INTERACTIVE WHITEBOARDS, PROJECTORS, PRINTERS, ONLINE READING PROGRAMS, AND PROMETHEAN BOARDS TO USE IN THE PRCS CLASSROOMS. THESE EXPENDITURES BENEFIT STUDENTS ACROSS ALL GRADE LEVELS. YMCA PLAY: THIS EXPENDITURE PROVIDED PHYSICAL EDUCATION FOR ALL ELEMENTARY GRADE LEVELS AT PRCS, WHICH IS NOT PROVIDED BY LAUSD. THIS EXPENDITURE BENEFITTED ALL STUDENTS IN GRADES K THROUGH 5. OTHER MISCELLANEOUS GRANTS: THESE EXPENDITURES INCLUDED THE LEADER IN ME PROGRAM,KOREAN DRUM INSTRUCTION, SCHOLASTIC NEWS PUBLICATIONS, TEACHER SUPPLIES AND SUPPORT,AND CULMINATION SUPPLIES. FIELD TRIPS: THESE EXPENDITURES PROVIDED FUNDING FOR FIELD TRIPS FOR STUDENTS AT PRCS FOR OFF-CAMPUS SCIENCE, THEATER, AND EDUCATIONAL EXCURSIONS. THESE EXPENDITURES BENEFITTED STUDENTS IN ALL GRADE LEVELS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION SUPPLEMENTS AND ENRICHES THE EDUCATION OF CHILDREN WHO ATTEND PORTER RANCH COMMUNITY SCHOOL ("PRCS"), A PUBLICLY-SUPPORTED SCHOOL WITH GRADES RANGING FROM KINDERGARTEN TO 8TH GRADE, BY PROVIDING CLASSES AND EDUCATIONAL OPPORTUNITIES EITHER NOT PROVIDED BY OR UNDERFUNDED BY THE LOS ANGELES UNIFIED SCHOOL DISTRICT ("LAUSD"). IT ALSO PROVIDES ADDITIONAL SUPPLIES, EQUIPMENT, AND TEACHING ASSISTANCE TO PRCS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COMPUTER LAB TEACHER AND SCIENCE LAB ASSISTANT: THIS EXPENDITURE IS TO FUND AN INSTRUCTOR AND LAB ASSISTANT IN THE PRCS COMPUTER AND SCIENCE LABS. THE COMPUTER LAB INSTRUCTOR PROVIDES GUIDANCE AND SUPPORT TO STUDENTS TO REINFORCE LEARNING BASIC COMPUTER SKILLS, TO PRACTICE KEYBOARDING SKILLS, TO ACCESS AND USE VARIOUS EDUCATIONAL SOFTWARE, AND TO ENGAGE IN AGE APPROPRIATE COMPUTER PROJECTS. THE SCIENCE LAB ASSISTANT ASSISTS TEACHERS WITH THE SET UP AND USE OF THE SCIENCE LAB. THE ADDITIONAL STAFFING BENEFITS STUDENTS AT ALL GRADE LEVELS. TECHNOLOGY EQUIPMENT: THESE EXPENDITURES PROVIDED COMPUTERS, INTERACTIVE WHITEBOARDS, PROJECTORS, PRINTERS, ONLINE READING PROGRAMS, AND PROMETHEAN BOARDS TO USE IN THE PRCS CLASSROOMS. THESE EXPENDITURES BENEFIT STUDENTS ACROSS ALL GRADE LEVELS. YMCA PLAY: THIS EXPENDITURE PROVIDED PHYSICAL EDUCATION FOR ALL ELEMENTARY GRADE LEVELS AT PRCS, WHICH IS NOT PROVIDED BY LAUSD. THIS EXPENDITURE BENEFITTED ALL STUDENTS IN GRADES K THROUGH 5. OTHER MISCELLANEOUS GRANTS: THESE EXPENDITURES INCLUDED THE LEADER IN ME PROGRAM,KOREAN DRUM INSTRUCTION, SCHOLASTIC NEWS PUBLICATIONS, TEACHER SUPPLIES AND SUPPORT,AND CULMINATION SUPPLIES. FIELD TRIPS: THESE EXPENDITURES PROVIDED FUNDING FOR FIELD TRIPS FOR STUDENTS AT PRCS FOR OFF-CAMPUS SCIENCE, THEATER, AND EDUCATIONAL EXCURSIONS. THESE EXPENDITURES BENEFITTED STUDENTS IN ALL GRADE LEVELS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ARTICLE 4 OF THE BYLAWS OF FRIENDS OF PORTER RANCH COMMUNITY SCHOOL DEFINES MEMBERSHIP AS: A. THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS, AND EACH MEMBER SHALL HAVE EQUAL VOTING AND OTHER RIGHTS. B. EVERY PERSON WHO IS THE PARENT OR GUARDIAN OF ONE OR MORE CHILDREN ENROLLED IN PORTER RANCH COMMUNITY SCHOOL (THE "SCHOOL") SHALL BE A MEMBER OF THE CORPORATION. MEMBERS OF THE FACULTY, ADMINISTRATION AND STAFF OF THE SCHOOL SHALL ALSO BE ELIGIBLE TO BECOME MEMBERS OF THE CORPORATION, AND WILL BECOME MEMBERS BY NOTIFYING THE SECRETARY OF THEIR WISH TO EXERCISE THAT RIGHT. C. THERE SHALL BE NO REQUIRED DUES, FEES OR ASSESSMENTS OF MEMBERS, EXCEPT TO THE EXTENT THAT THEY MAY BE SOLICITED FOR DONATIONS FROM TIME TO TIME. THE TREASURER SHALL MAINTAIN AN ANNUAL LIST OF DONORS TO THE CORPORATION. D. MEMBERSHIP BEGINS WHEN A MEMBERS CHILD ENTERS THE SCHOOL OR THE MEMBER IS HIRED AS AN EMPLOYEE OF THE SCHOOL, AND TERMINATES WHEN A MEMBER CEASES TO MEET THE ELIGIBILITY REQUIREMENT OF PARAGRAPH B OF THIS SECTION (DEFINED ABOVE).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ARTICLE 4 OF THE BYLAWS OF FRIENDS OF PORTER RANCH COMMUNITY SCHOOL DEFINES MEMBERSHIP AS: A. THE CORPORATION SHALL HAVE ONE CLASS OF MEMBERS, AND EACH MEMBER SHALL HAVE EQUAL VOTING AND OTHER RIGHTS. B. EVERY PERSON WHO IS THE PARENT OR GUARDIAN OF ONE OR MORE CHILDREN ENROLLED IN PORTER RANCH COMMUNITY SCHOOL (THE "SCHOOL") SHALL BE A MEMBER OF THE CORPORATION. MEMBERS OF THE FACULTY,ADMINISTRATION AND STAFF OF THE SCHOOL SHALL ALSO BE ELIGIBLE TO BECOME MEMBERS OF THE CORPORATION, AND WILL BECOME MEMBERS BY NOTIFYING THE SECRETARY OF THEIR WISH TO EXERCISE THAT RIGHT. C. THERE SHALL BE NO REQUIRED DUES, FEES OR ASSESSMENTS OF MEMBERS, EXCEPT TO THE EXTENT THAT THEY MAY BE SOLICITED FOR DONATIONS FROM TIME TO TIME. THE TREASURER SHALL MAINTAIN AN ANNUAL LIST OF DONORS TO THE CORPORATION. D. MEMBERSHIP BEGINS WHEN A MEMBERS CHILD ENTERS THE SCHOOL OR THE MEMBER IS HIRED AS AN EMPLOYEE OF THE SCHOOL, AND TERMINATES WHEN A MEMBER CEASES TO MEET THE ELIGIBILITY REQUIREMENT OF PARAGRAPH B OF THIS SECTION (DEFINED ABOVE). DIRECTORS (I.E., THE GOVERNING BOARD) ARE ELECTED AT AN ANNUAL MEETING OF MEMBERSHIP BY A MAJORITY OF THE MEMBERS PRESENT AND VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOLLOWING ACTIONS SHALL REQUIRE A VOTE BY THE MEMBERS (IN ADDITION TO THE BOARD)TO BE EFFECTIVE: A) WITH THE EXCEPTION OF THE INITIAL BOARD OF DIRECTORS, THE APPOINTMENT OF THE BOARD OF DIRECTORS; B) APPROVAL OF THE CORPORATIONS ANNUAL BUDGET; AND C) DISSOLUTION OF THE CORPORATION AND WINDING UP OF BUSINESS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5A DRAFT ELECTRONIC COPY OF THIS FORM 990 WAS PROVIDED TO ALL BOARD MEMBERS AND OFFICERS PRIOR TO IT ULTIMATELY BEING FINALIZED FOR FILING WITH THE IRS. A COMPLETE ELECTRONIC COPY OF THE FINAL FORM 990 AS ULTIMATELY FILED WITH THE IRS WAS PROVIDED TO EACH PERSON WHO IS A VOTING MEMBER OF THE BOARD OF DIRECTORS AND/OR AN OFFICER BEFORE FILING WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY ALL NEW AND RETURNING BOARD MEMBERS AS PART OF A SCHEDULED BOARD MEETING TO ENSURE THAT ALL BOARD MEMBERS ARE AWARE OF THEIR DUTY TO DISCLOSE ANY FINANCIAL INTERESTS. IF ANY POTENTIAL CONFLICTS OF INTEREST EXIST, THE ORGANIZATION FOLLOWS ITS CONFLICT OF INTEREST POLICY, WHICH ESTABLISHES ITS PROCEDURES FOR IDENTIFYING AND ADDRESSING ANY SUCH CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES ON REQUEST. THE ORGANIZATION?S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE TO THE PUBLIC AT EACH MEETING OF THE MEMBERS OR DIRECTORS.
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