Peacemaker Ministries

“The Form 990 was prepared by an independent CPA firm and was reviewed in detail by the CEO/Executive Director and outsourced accounting professional to verify accuracy. The 990 was then emailed to the board of directors who review the Form 990 prior to being filed with the IRS.”

“Peacemaker Ministries has a formal, written conflict of interest policy. Each employee and board member of the organization must complete a conflict of interest questionnaire upon initiation into their role. In addition, HR executes an annual update of this questionnaire for all employees and board members. If any conflicts of interest are noted during the questionnaire process, HR forwards the noted items on the CEO/Executive Director, who reviews the noted items and determines if a significant impact (or potential impact) is created by the conflict. If so, the conflict of interest is discussed and action steps are taken to remedy the situation. If a conflict of interest presents itself during a board meeting, interested parties are required to excuse themselves from the discussions and any following vote of the board.”

“15a - Compensation for the CEO/Executive Director of Peacemaker Ministries is determined by the board of directors on an annual basis. The board gathers information on how comparable non-profits compensate their CEO/Executive Director. This information, along with an overall understanding of the ministry's finances, is taken into consideration when determining the compensation for the president. Human resources requires annual documentation (board minutes) in order to change the salary of the CEO/Executive Director. 15b - The organization does not compensate any other officers. Therefore, this question was marked no in accordance with the instructions.”

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

“Our mission is to equip and assist Christians and their churches to respond to conflict biblically by developing and delivering outstanding, life-changing resources, training, and services to a multitude of receptive churches throughout the world. We prepare church leaders, adults, and children for peacemaking through educational resources, seminars, and training. We also provide conflict coaching, mediation, and arbitration services to resolve church and ministry disputes, lawsuits, family divisions, and business conflicts.”

“Consulting & Other Professional Services: Program service expenses 125,631. Management and general expenses 6,435. Fundraising expenses 17,526. Total expenses 149,592.”

“In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 12/31/2018. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $ 181,051 Line 29 - Net assets with donor restrictions $ 0 Total net assets $ 181,051”

“The finance committee of the board of directors is responsible for oversight of the review of the organization's financial statements, and selection of the independent accounting firm used. This process has not changed from the prior year.”