Psalt Nk

“SUPPLIES 997”

“Facility equipment expenses 563”

“POSTAGE 1,695”

“Bank charges merchant fees 1,686”

“WEB MANAGEMENT 202”

“MEETING EXPENSE 252”

“TELECOMMUNICATION 509”

“FILING FEE 60”

“Office and general supplies 977”

“Field support assistance 5,500”

“OUTREACH EXPENSE 184”

“GIFTS 21”

“OTHER EXPENSE 5,025”

“Staff misc reimbursements 3,266”

“ACCOUNTS RECEIVABLE Beginning of year 1,500, End of year 0”

“RESTRICTED ASSETS Beginning of year 0, End of year 3,120”

“ADJUSTMENT Beginning of year 0, End of year 403”

“The purposes of the organization shall include but not be limited to 1. Increasing awareness and education others about the crisis and suffering in North Korea 2. Interceding through prayer and action on behalf of spiritual and physical needs of the suffering 3. Creating dynamic resources and opportunities to spread the message about the crisis in North Korea and encourage committed participation in the efforts to alleviate suffering 4. Sharing the gospel through word and action 5. Mobilizing people to pray donate resources and take action to alleviate suffering”

“PSALT work extends over a wide variety of North Korea related efforts aimed to support the refugees from North Korea and provide educational opportunities to those who seek greater insight into North Korea-related mission work.Hope Village A network of resources and efforts to outreach to North Korean refugees resettling in the United States. The work includes resettlement support, assistance with translation and paperwork, regular contact and outreach, training for those who are interested in working with NK refugees. PSALT maintains a team that outreaches to the refugees regularly to understand their situation and provide prayer support and other assistance where needed. We outreach regularly during major Korean holidays, Seolnal Lunar New Year and Chuseok Thanksgiving, much like an extended family or community to help remind them that they are not alone. Refugee outreach projects also include the Backpack Project for which backpacks filled with school supplies, snacks and encouragement notes are sent to all school aged children and youth. During the Christmas season, our Box of Hope project reaches all the refugees in our network. Refugees receive boxes filled with treats, food items, snacks and small gifts for the holidays along with Christmas cards written and sent to us for distribution from across the country. Prayer Teams Instead of chapters, we partner with individuals, churches and groups to begin prayer teams in their respective locations. The team leader is part of our regular leadership network to main contact, receive information and resources to share with the team. The teams meet regularly to pray for North Korea, NK refugees, related topics and for one another. The secondary function of the teams is as a vehicle for education and keeping participants updated on Korea related news, prayer requests and PSALT activities. The teams could also organize events, fundraisers and seminars using PSALT resources under the PSALT banner. Other projects not as active in the past year include Five Talent Fund A scholarship program started to provide financial support and mentorship for North Korean refugee students studying in the United States. Summer Internship Program An immersive combination of in depth training and work experience for a select group of applicants. This program generally takes place during the summer and generally includes field experience, project development, participation in special events and meetings and other opportunities to dive right into the world of a Christian nonprofit focused on North Korea work. Exodus Our work to rescue North Korean refugees in hiding usually in China, and typically the most vulnerable orphans, trafficked women, injured in dangerous situations. The organization has taken steps to research the current conditions of field operations including rescue missions. We have concluded that while the purpose and objectives of the organization remain intact, the conditions for rescue operations were not ideal during the past year. Manna Support for and rescue of North Korean orphans. Save Our Sisters Support for and rescue of North Korean trafficked women girls.”

“Mission SupportWe commissioned one missionary family on March 18, 2010 and continue to provide support to them in their mission work.”

“Awareness and Education We create and promote educational opportunities to increase awareness of North Korea oppression of its own citizens, and to provide deeper insight into the activities on the Korean peninsula. We provide opportunities for people to get involved to make an impact in the lives of North Korean refugees and gain understanding of the spiritual significance of fighting for North Korea. North Korea Missions Training A missions training program designed to provide background into the history of North South Korea, and insights into how North Korea operates, the nature of missions in North Korea, understanding the journey and challenges of North Korean refugees, spiritual warfare training and other foundational topics related to North Korea focused missions work.”