Church Planting Network Inc

“Dave ferguson jon ferguson family relationship - brothers”

“The organization adopted the following changes to its bylaws during the fiscal year: - minimum number of board members was increased from three to six - conditions under which a board member can be removed were redefined and expanded. - board officers were redefined to include a chair of the board, a secretary, and a chief financial officer. Duties of each were re-defined. - board officers shall be chosen annually by, and shall serve at the pleasure of, the board of directors. - the chief executive officer (ceo) is defined as the principal staff officer of the corporation. The ceo serves at the pleasure of the board, subject to the rights, if any, that the ceo has under a contract of employment. The ceo is empowered to appoint other officers as the business of the corporation may require. The ceo is a board member by position and has no term limits. The salary of the ceo shall be fixed from time to time by the board of directors. - a board committee structure is defined to include an executive committee and other committes as designated by resolution of the board of directors.”

“Church planting network, inc. Hires an independent cpa firm to prepare the 990. The form 990 is provided to the managing director and treasurer of the organization and made available for review by each member of the board of directors prior to filing.”

“All officers and members of the board of directors must disclose the existence of any actual or possible conflict of interest. If, and when, an actual or possible conflict of interest is disclosed, the remaining members of the board of directors shall decide if a conflict of interest exists and take necessary action to mitigate the conflict of interest. If the board of directors has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. If, after hearing the member's response, and after making further investigation as warranted by the circumstances, the board of directors determines the member has failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action.”

“The compensation of all top management officials is reviewed by the board of directors to ensure that the amounts being compensated are reasonable and consistent with the amounts paid by similar organizations. In particular,the board of directors shall review and approve compensation as part of the annual budgeting process.”

“The compensation of all officers or key employees is reviewed by the board or a committee with governing board delegated powers to ensure that the amounts being compensated to such officers and key employees are reasonable and consistent with the amounts paid by similar organizations in similar geographic locations. In particular, annually, the board will review and approve any increase in compensation received by an officer or key employee from the prior year.”

“Governing documents are made available to the public for review upon request.”

“Dave ferguson is compensated as conference creative overseer and conference speaker. These duties are performed independent of his responsbilities as board president. Todd wilson was hired by the board of directors as the top management official and is responsible for the day to day activities of exponential. He acts under the authority of the board of directors. Jon ferguson and dave ferguson are compensated as speakers at the exponential conferences. These duties are performed independent of their responsiblities as board members.”

“Provide assistance with program events.”

“Regional events: in 2018 exponential ran six regional events. The regional conferences bring the main stage experience from the national conference to a local setting. The 1.5 day regional conferences minimize travel expense and are more affordable to teams. The sponsorship and registration revenue covers the cost of presenting the conferences. The financial model that we use for our regional events differs from our national events. The host church runs the event much like their sunday services. Exponential pays for the speaker honorariums and some additional expenses that the church might not otherwise incur with one of their own special events. This allows exponential to share the message of church multiplication even further than our national events.”

“National conference and most regional conferences.”

“Conference planning contract 89,814 0 0 2018 national conference main stage 105,563 0 0 speaker honorariums 173,820 0 0 total 369,197 0 0”