Tct Ministries Inc

“Meetings were held and written actions were undertaken during the year by the governing body.”

“The chief executive officer and chief financial officer review form 990 prior to filing.”

“Board members complete and submit the annual conflict of interest disclosure form, providing details of any known or potential conflicts of interest. The completed forms are reviewed by the board chair or designated committee of independent directors to identify conflicts and determine appropriate actions. The organization maintains records of disclosed conflicts and actions taken and keep them accessible for review by appropriate parties. Board members with a conflict of interest must abstain from discussing and voting on matters involving the conflict. Upon identification of a conflict of interest, the board chair or designated committee shall assess the situation and implement measures to manage, mitigate, or resolve the conflict. Options may include seeking independent advice, abstaining from certain discussions or decisions, or establishing safeguards to prevent undue influence. Any individual involved in the conflict, real or perceived, will not take part in the discussion.”

“All documents are available upon written request.”

“Repairs and maintenance: program service expenses 423,297. Management and general expenses 0. Fundraising expenses 0. Total expenses 423,297. Missions expense: program service expenses 272,583. Management and general expenses 0. Fundraising expenses 0. Total expenses 272,583. Rent expense, other: program service expenses 263,380. Management and general expenses 0. Fundraising expenses 0. Total expenses 263,380. Cable fees: program service expenses 216,269. Management and general expenses 0. Fundraising expenses 0. Total expenses 216,269. Rent expense, transponder: program service expenses 176,820. Management and general expenses 0. Fundraising expenses 0. Total expenses 176,820. Production expense: program service expenses 134,443. Management and general expenses 0. Fundraising expenses 0. Total expenses 134,443. Development expense: program service expenses 0. Management and general expenses 0. Fundraising expenses 114,141. Total expenses 114,141. Music license fees: program service expenses 111,910. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,910. Postage: program service expenses 6,124. Management and general expenses 11,379. Fundraising expenses 70,016. Total expenses 87,519. Donations: program service expenses 73,927. Management and general expenses 0. Fundraising expenses 0. Total expenses 73,927. Utilities: program service expenses 47,522. Management and general expenses 5,280. Fundraising expenses 0. Total expenses 52,802. Monthly gifts: program service expenses 0. Management and general expenses 0. Fundraising expenses 34,280. Total expenses 34,280. Helping hands expense: program service expenses 31,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 31,000. Bank charges: program service expenses 0. Management and general expenses 30,225. Fundraising expenses 0. Total expenses 30,225. Shipping expense: program service expenses 28,899. Management and general expenses 0. Fundraising expenses 0. Total expenses 28,899. Auto expense: program service expenses 2,827. Management and general expenses 25,439. Fundraising expenses 0. Total expenses 28,266. Dues and subscriptions: program service expenses 7,773. Management and general expenses 7,772. Fundraising expenses 0. Total expenses 15,545. Telephone: program service expenses 7,737. Management and general expenses 1,934. Fundraising expenses 0. Total expenses 9,671. Praise-a-thon expense: program service expenses 0. Management and general expenses 0. Fundraising expenses 4,587. Total expenses 4,587.”

“Net change in donor restricted net assets -18,861.”