Travelers Ministries

“The 990 is presented to the board of directors at a board meeting for review prior to filing the tax return.”

“To ensure the organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects: a. Whether compensation arrangements and benefits are reasonable, based on competent survey information, and the result of arm's length bargaining. B. Whether partnerships, joint ventures, and arrangements with management organizations conform to the organization's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissable private benefits or in an excess benefit transaction. When conducting the periodic reviews, as provided for in article vii, the organization may, but need not, use outside advisors. If outside experts are used, their use shall not relieve the governing board of its responsibility to ensure periodic reviews are conducted.”

“Officers are required to disclose any conflicts of interest, and the policy, as well as enforcement of the policy, is discussed at the annual meeting.”

“The governing documents, and financial statements will be maintained in the minutes book and will be made available to the public upon request.”

“Retreat costs: program service expenses 6,164. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,164. Friendswood facility: program service expenses 3,938. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,938. Costs of promotional items: program service expenses 0. Management and general expenses 0. Fundraising expenses 3,223. Total expenses 3,223. Friendswood transportation expense: program service expenses 2,350. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,350. Donated goods and services: program service expenses 2,310. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,310. Houston transportation expense: program service expenses 1,848. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,848. Computer subscriptions: program service expenses 680. Management and general expenses 640. Fundraising expenses 0. Total expenses 1,320. Av support: program service expenses 855. Management and general expenses 0. Fundraising expenses 0. Total expenses 855. Fees: program service expenses 0. Management and general expenses 0. Fundraising expenses 634. Total expenses 634. Printing & copying: program service expenses 627. Management and general expenses 0. Fundraising expenses 0. Total expenses 627. Postage: program service expenses 0. Management and general expenses 271. Fundraising expenses 0. Total expenses 271.”