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      <Desc>Shakti Incubator for Shakti Leadership training. PTC became for the fifth year the legal and financial parent of the Shakti Leadership program led by Nilima Bhat, who also served on the advisory board of PTC, and co-led by Rajendra Sisodia, co-author of the book on Shakti Leadership, Embracing the Feminine and Masculine Power. Expenses for consulting fees and rent: noncash $1,391. Revenue: noncash donations earmarked for 4a: $1,391.</Desc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, Line 2</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>The form 990 was e-mailed to all board members before filing, confirmed they all received it and staff was available to answer any questions. It was also presented to all board members at a regularly scheduled board meeting.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>At annual board meetings, the policy is reviewed, board members and officers are asked to disclose any conflicts and reaffirm their commitment to the policy. A record of affirmation was made and filed with the corporate minutes book. At annual staff meetings the policy is reviewed with the staff members and reaffirmed.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>The organization has adopted the IRC Section 4958 Rebuttal Presumption Rule and guidelines. It is required to follow the rule with every hire of a top official paid in excess of $50,000 including collecting at least 5 comparables, reviewing the person's employment history and pay, circulating it to and obtaining approval of the board prior to their hire.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>The organization makes its governing documents, conflicts of interest policy and financial statements available to the public upon request. Also, the certificate of formation is on file with the Texas Secretary of State and the IRS tax letter ruling is available online.</ExplanationTxt>
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