Pba Foundation

“Professional beauty association provides staff, administrative, and website support. The only officers, trustees, directors or key employees compensated by pba on behalf of work done for pba foundation were steven sleeper and steven wilkerson. Management fees charged in 2017 totaled $67,571 (includes $7,157 for web design services).”

“The sole member of the corporation is the professional beauty association, an arizona non-profit corporation”

“All directors, other than ex officio director, are elected by the sole corporate member of the foundation. The foundation's executive director is an ex officio director.”

“The sole member has the sole right and authority to amend the articles of incorporation or bylaws; incure indebtedness by the foundation; adopt a plan or merger or consolidation; sell, lease, exchange, mortgage, pledge or otherwise dispose of all, or substantiallly all, the foundation assets; and dissolve the foundation.”

“THERE ARE NO COMMITTEES.”

“The form 990 is reviewed by the accounting director, chief financial officer and the executive director before being filed. Final copies are provided to the board upon request.”

“Each member of the board of directors is required to sign a conflict of interest disclosure form upon taking office. If a member of the board of directors has a conflict or potential conflict of interest with respect to a matter to be considered by the board of directors, the member shall recuse himself or herself from the portion of a meeting during which the matter is discussed and a vote is taken.”

“Governing documents and the combined financial statements of professional beauty association and pba foundation are made available to the public upon request.”

“Consulting: program service expenses 30,049. Management and general expenses 358. Fundraising expenses 0. Total expenses 30,407. Temporary labor: program service expenses 6,687. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,687. Commissions: program service expenses 0. Management and general expenses 0. Fundraising expenses 20,800. Total expenses 20,800.”

“Form 990 schedule a, part i was updated to mark line 7 instead of line 8. Pba foundation is an organization that receieves a substantianal part of support from a governmental unit or the general public. Pba foundation is not a community trust.”