[members] update on Parrot Foundation status

[Jonathan "Duke" Leto]

Howdy,

Thanks for clarifying this, Jerry.

If anybody would like to help me with the SFC application (instead of
berating me for not doing enough free work on some imaginary timeline) :

https://github.com/leto/writing/blob/master/parrot_foundation/SFC.txt

Feel free to fork that repo and send pull requests (which you can easily do
via the Edit button on Github now) or just send me updates via email.

Thanks!

Duke




On Fri, Apr 19, 2013 at 11:00 AM, jerry gay <jerry.gay at gmail.com> wrote:

> i agree with you allison, and the others that have spoken on this topic,
> that the parrot foundation board and membership needs to wind down or
> transform the foundation as soon as possible. we are required to complete
> these activities before the end of 2013.
>
> or or before monday, 22 april, i will send out a statement to the board
> detailing status of our current efforts and my opinion on the best option
> moving forward. i will give the board three days to return comment before i
> release the revised assessment and recommendations to the membership or or
> before friday, 26 april.
>
> with a clear vision and a solid plan, we can swiftly accomplish our goals
> to keep parrot's assets protected, cultivate the community, and support the
> development of parrot and its ecosystem long after parrot foundation ceases
> to exist in its current form.
>
> ~ jerry
>
>
> as a footnote, i'd like to clear up what i believe is a dangerous
> mischaracterization of events related to pafo's 2012 tax filing:
>
> On Thu, Apr 18, 2013 at 8:55 PM, Allison Randal <allison at parrot.org>wrote:
>
>> Straight corporate liability law doesn't protect you from the
>> consequences of "gross negligence", especially where financial matters
>> are concerned. If I hadn't repeatedly reminded the board about filing
>> taxes, and if Jerry hadn't swooped in at the very last minute to make a
>> submission, you would be in very deep trouble with the IRS right now.
>>
>
> my filing it wasn't "the very last minute" as you describe, and absolutely
> nowhere near "gross negligence". it was determined by me and the accounting
> firm for pafo in february/march that parrot qualified for the 990N return
> in 2012. i did not realize the board did not get a copy of that thread, and
> even if they had, you wouldn't have been aware of that since you're no
> longer on the board or the board mailing lists.
>
> 990N is a form submitted annually to the IRS informing them that parrot
> foundation is a small, non-profit entity, and still is operating. based on
> parrot foundation's fiscal year-end date of 31 december, the 990N is due on
> 15 may of the following year. it is not due on 15 april, which is the due
> date for those filing individual tax returns with the IRS in the USA. the
> pafo 990N was filed well before the required date. late filing (which isn't
> ever a good idea) is not penalized until after three years of missed
> filings (see http://goo.gl/03z1F for more), so parrot would not have been
> in "deep trouble" with the IRS for the missed deadline.
>
> if, on the other hand, parrot did not qualify for 990N in 2012, the
> corporate filing (and payment) would have been due on 15 march, so by the
> time the proper documentation had been filed this year (11 april), it would
> have been too late by almost a month. i've said this before and i'll repeat
> it in a more public forum here: this was never a problem, as pafo meets the
> qualifications for submitting a 990N for 2012.
>



-- 
Jonathan "Duke" Leto <jonathan at leto.net>
Leto Labs LLC http://letolabs.com
209.691.DUKE http://duke.leto.net
@dukeleto <https://twitter.com/dukeleto>
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