Kingdom Development Inc.

“James leach is the father of rusty leach and william leach, as such william and rusty are brothers. There are no other family relations between kingdom's officers and directors.”

“After the cfo reviews the draft copy, he provides the draft to the board along with a summary of its contents.”

“The organization regularly and consistently monitors and enforces compliance with the conflict of interest policy through annual review and regular communication with the board of directors.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“This return is being amended to reflect the activity from the consolidated entities that was completed after the initial return was filed. This resulted in revisions to several amounts reported in part viii, part ix and part x. See attached pdf statement for details. Federal 990 - return exempt organization --> page 9 statement of revenues part viii line 1e 2,177,576 to 1,191,396 difference of -986,180 line 2a 7,878,558 to 6,287,805 difference of -1,590,753 rental income line 2b 0 to 2,288,581 difference of 2,288,581 development fees line 2b 5,293,223 to 0 difference of -5,293,223 state tax credit revenue line 2c 0 to 1,563,500 difference of 1,563,500 financial advisory services line 2c 3,695,618 to 0 difference of -3,695,618 development fees line 2d 0 to 968,645 difference of 968,645 tenant charges line 2d 1,563,500 to 0 difference of -1,563,500 financial advisory services line 2e 0 to 388,374 difference of 388,374 partnership fees line 2e 536,500 to 0 difference of -536,500 consulting revenue line 2f 861,048 to 22,590 difference of -838,458 line 3 862,968 to 385,200 difference of -477,768 line 7a 0 to 4,104,982 difference of 4,104,982 line 11a 3,140,454 to 3,982,078 difference of 841,624 miscellaneous income line 11b 26,667 to 26,667 difference of 0 software income line 12 26,036,112 to 21,209,818 difference of -4,826,294”

“This return is being amended to reflect the activity from the consolidated entities that was completed after the initial return was filed. This resulted in revisions to several amounts reported in part viii, part ix and part x. The specific changes are as follows: federal 990 - return exempt organization --> page 10 statement of functional expenses part ix line 1 115,661 to 115,661 difference of 0 line 7 2,952,520 to 2,553,326 difference of -399,194 line 8 173,281 to 173,046 difference of -235 line 9 95,797 to 152,549 difference of 56,752 line 10 31,421 to 31,421 difference of 0 line 11a 494,680 to 308,809 difference of -185,871 line 11c 162,423 to 219,250 difference of 56,827 line 11g 147,553 to 21,606 difference of -125,947 line 12 60,359 to 47,142 difference of -13,217 line 13 1,925,474 to 815,675 difference of -1,109,799 line 16 3,241,404 to 1,713,258 difference of -1,528,146 line 17 84,355 to 96,273 difference of 11,918 line 20 6,811,367 to 4,976,516 difference of -1,834,851 line 22 3,697,606 to 4,450,588 difference of 752,982 line 23 739,696 to 555,051 difference of -184,645 line 24a 0 to 7,219,000 difference of 7,219,000 impairment line 24a 682,694 to 0 difference of -682,694 utilities line 24b 0 to 686,392 difference of 686,392 utilities line 24b 479,763 to 0 difference of -479,763 bad debts line 24c 0 to 459,318 difference of 459,318 bad debts line 24c 116,941 to 0 difference of -116,941 real estate taxes line 24d 0 to 84,163 difference of 84,163 real estate taxes line 24d 98,601 to 0 difference of -98,601 taxes line 24e 36,926 to 78,320 difference of 41,394 line 25 22,148,522 to 24,757,364 difference of 2,608,842”

“This return is being amended to reflect the activity from the consolidated entities that was completed after the initial return was filed. This resulted in revisions to several amounts reported in part viii, part ix and part x. The specific changes are as follows: federal 990 - return exempt organization --> page 11 balance sheet part x line 1 1,230,560 to 1,088,847 difference of -141,713 line 4 4,704,862 to 2,452,354 difference of -2,252,508 line 7 0 to 7,933,774 difference of 7,933,774 line 9 338,801 to 273,404 difference of -65,397 line 10c 148,544,576 to 123,038,761 difference of -25,505,815 line 12 45,069,800 to 19,598,852 difference of -25,470,948 line 14 4,569,627 to 4,504,905 difference of -64,722 line 15 8,433,240 to 535,960 difference of -7,897,280 line 16 212,891,466 to 159,426,857 difference of -53,464,609 line 17 7,474,967 to 5,189,124 difference of -2,285,843 line 19 5,551,118 to 3,157,380 difference of -2,393,738 line 23 139,800,374 to 135,210,759 difference of -4,589,615 line 24 -234,967 to 350,000 difference of 584,967 line 25 42,863,082 to 16,162,296 difference of -26,700,786 line 26 195,454,574 to 160,069,559 difference of -35,385,015 line 27 17,436,892 to -642,702 difference of -18,079,594 line 32 17,436,892 to -642,702 difference of -18,079,594 line 33 212,891,466 to 159,426,857 difference of -53,464,609”

“Controlling and non-controlling interest 3,593,994. Excess of aquired assets -3,978,339.”

“Overview of the audit function the audit committee assumes responsibility for oversight of the audit of its financial statements and selection of an independent accountant.”

“Other income for the years 2017 through 2020 has been reclassified to line 10a as the income is related to gross income from interest.”