Grace Adventures Ministries

“The 990 is reviewed by the organization's president before being filed.”

“The organization continually monitors and creates awareness of the policy among employees and board members.”

“The president of the organization is evaluated by the board in a closed session where they perform industry comparisons and approve his compensation package. All other key employees are subject to an annual review and their compensation packages are approved with the annual budget.”

“The 990 is available upon written request to the business office.”

“The conflict of interest policy and financial statements are made available upon written request to the business office.”

“Development expense: program service expenses 0. Management and general expenses 69,652. Fundraising expenses 3,760. Total expenses 73,412. Activity fees: program service expenses 72,539. Management and general expenses 0. Fundraising expenses 0. Total expenses 72,539. Printing & publications: program service expenses 39,557. Management and general expenses 8,454. Fundraising expenses 19,448. Total expenses 67,459. Credit card fees: program service expenses 61,542. Management and general expenses 0. Fundraising expenses 0. Total expenses 61,542. Honorariums: program service expenses 37,008. Management and general expenses 0. Fundraising expenses 0. Total expenses 37,008. Registration fees: program service expenses 31,309. Management and general expenses 22. Fundraising expenses 0. Total expenses 31,331. Telephone: program service expenses 19,352. Management and general expenses 0. Fundraising expenses 0. Total expenses 19,352. Miscellaneous: program service expenses 8,847. Management and general expenses 10,287. Fundraising expenses 0. Total expenses 19,134. Dues/subscriptions: program service expenses 6,820. Management and general expenses 174. Fundraising expenses 0. Total expenses 6,994. Outside labor: program service expenses 4,345. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,345. Postage & delivery: program service expenses 2,812. Management and general expenses 17. Fundraising expenses 0. Total expenses 2,829.”

“K-1 ADJUSTMENTS -182.”

“The organization did not change its oversight or selection process. The organization is a not-for-profit organization and is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and is exempt from state and local taxes. Accordingly, no provision has been made for income taxes in the accompanying financial statements. The organization's federal tax return is subject to audit by the internal revenue services. The tax returns for the current and prior three fiscal years remain open for examination by the irs.”