Patriot Oil Community Benefit Trust Fund of 2002

What it reported doing in 2025

Program Service AccomplishmentsPARKS We did not fund any major projects this year for the City of Los Angeles Recreation & Parks Department (R&P) although we were in discussion with them to undertake a number of restoration projects in Bee and OMelveny Canyon Parks. SCHOOLS (LAUSD) We funded the Van Gogh Elementary School 5th Grade fund raising shortfall so that they could take their field trip. COMMUNITY/SAFETY AWARENESS - The Granada Hills Youth Recreation Center (GHYREC) was our major project this year assisting them in making the City required ADA compliant improvements in their parking area. As a second major project, we provided substantial funding to Supporters of Law Enforcement in Devonshire (S.O.L.I.D) to renovate the LAPD Gang & Narcotics Unit offices. Provided funding for the LAPD Devonshire PALS for the Youth Center Agriculture Program to help them with supplies. We provided funding for the Granada Hills Community Foundation to create a Centennial Website to celebrate the 100-year Anniversary of the founding of Granada Hills. Provided funding to the Southern California Preparedness Foundation to fund CERT classes in Granada Hills. Also provided additional funding as a Diamond Sponsor for the Oktoberfest 2025 fund raising project but limited it to Hope of the Valley, M.E.N.D, S.O.L.I.D. V.F.W 2323 organizations that support our Granada Hills area. Provided additional funding to the Granada Hills Chamber of Commerces Street Faire 2025 and continue to be a Platinum Sponsor of their year-end Holiday Parade 2025 by funding the judges and the trophies. Although we have previously funded the kitchen remodel, the roof repair and the patio restoration , we again came to the rescue of the Veterans of Foreign Wars (VFW 2323) by providing funding to purchase an ice machine and the cost of one-half of a new roof mounted air conditioner. We were a Platinum Sponsor for North Valley YMCAs Thanksgiving Baskets 2025 program to assist needy families over the holiday in the Granada Hills area. MISCELLANEOUS - We continued to allow the Granada Hills Chamber of Commerce to maintain a $9,000 fund in 2025 to be used should the City start charging for the cost of traffic control related to the Holiday Parade, with our guarantee to replenish the fund to $18,000 fund should it become necessary. We continue to provide limited free storage space at our Community Storage Unit for organizations such as the Valley Disaster Preparedness Team for their documents and supplies, and documents for the SCL CAC, which service our Trusts area, as well as to community members who have land use documents or letters that are being disposed of but are worthy of saving for posterity. We also continue to loan three 4-drawer file cabinets to the Granada Hills North Neighborhood Council (GHNNC). We also have 13 x 13 and 10 x 10 popup canopies that we loan out to any local worthy organization for events upon request.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 98.6%; rating input score 99
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 88.9%; rating input score 89; 9th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 84.1%; rating input score 84; 54th percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
• Governance controls: 4 of 7 controls in place; rating input score 57
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: NotApplicable
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: -71.9%; rating input score 21; 21st percentile among comparable filings
• Total-asset coverage ratio: 4.68; rating input score 51; 51st percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

• Program expense growth: -3.3% per year; rating input score 0; 39th percentile among comparable filings
• Revenue growth: -5.8% per year; rating input score 0; 39th percentile among comparable filings
• Asset growth: 3.1% per year; rating input score 100; 54th percentile among comparable filings