Bright Hope International

“The organization's bylaws were updated to reflect their new classification as an Association of Churches and Articles III - Members was added and updated to include churches as member churches of the organization.”

“Members shall consist of member churches.”

“The Form 990 is prepared by an independent CPA firm. It is reviewed in detail by the CFO and Sr. Accountant. A draft copy is then provided to each board member prior to filing with the IRS.”

“Board members and officers annually sign conflict of interest statements. The Treasurer monitors all transactions to ensure conflicts of interest are avoided or properly handled if necessary and the CFO reviews the Treasurer's conflict of interest statement. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“Bright Hope has a compensation committee comprised of the President, CFO, and Human Resources Manager who determine staff compensation. The President's compensation is determined annually by the independent members of the Board of Directors who review comparability data gathered by the Human Resources Manager. An independent review has shown that compensation data is at, or somewhat below, market. The approval process is documented in the minutes. Form 990, Part VI, Section B, Line 15b: The organization does not compensate any other officers. Therefore, this question was answered "no" in accordance with the instructions.”

“The organization's governing documents, conflict of interest policy, audited financial statements, and Form 990 are made readily available to any requestor in their choice of electronic or paper copies. The organization's website has some of these documents available for immediate download.”

“By letter dated February 17, 2022, the Internal Revenue Service determined that Bright Hope International is an association of churches because it is a public charity described in sections 509(a)(1) and 170(b)(1)(A)(i) of the Internal Revenue Code (the "Code"). As such, Bright Hope International is not required to file Form 990. Notwithstanding Bright Hope's Form 990 filing exemption, Bright Hope has elected voluntarily to file Form 990 out of a desire to foster transparency and accountability. Bright Hope's voluntary decision to file Form 990 should in no way be interpreted as being inconsistent with its status as an association of churches or be deemed a waiver of any of the rights of privileges that accompany its recognized status as an association of churches, Bright Hope continues to operate in all ways as an association of churches described in sections 509(a)(1) and 170(b)(1)(A)(i) of the Code.”

“Other Professional Fees: Program service expenses 69,524. Management and general expenses 32,034. Fundraising expenses 19,519. Total expenses 121,077. Field Staff Service Expenses: Program service expenses 207,464. Management and general expenses 0. Fundraising expenses 0. Total expenses 207,464.”