Halftime Institute

“The Form 990 is prepared by an independent CPA firm, reviewed by the Treasurer, and then provided to the Board of Trustees prior to filing.”

“The organization performs an annual review conducted during a meeting of the members of the board. Should any conflict of interest present itself, the interested party would excuse themselves from the decision making process. The policy is monitored regularly and consistently by the chairman of the board of directors, or other board members, as appropriate.”

“Independent members of the Compensation Committee of the Board of Directors are responsible for determining compensation for the organization's CEO, Corporate Officers, and Key Employees. Comparative salary surveys are used in determining appropriate salary and benefits for each position. This process is carried out when an individual is hired, and when raises are given. All compensation decisions and deliberations are recorded in the meeting minutes.”

“The organizational documents are available to the public upon request during normal business hours.”

“The Halftime Fellows Program is a new program for 2015. Fellows Program participants are highly successful, Christian business leaders (for-profit or non-profit) who desire to grow in his or her understanding of their unique calling and gifting from God. Halftime creates the time, space and guidance to expose them to new opportunities and concepts for growth in work, homelife and spirituality. Drawing on Halftime concepts, key influencers, and decades of study and best practices, Halftime staff and coaches are able to add immense value to these leaders on their journey to serve God and others.”

“Halftime Institute paid an unrelated organization for management services provided by Secretary/Treasurer Diane Reynolds. The amount of compensation reported on Pt. VII is the portion of Diane's compensation that was related to services rendered to Halftime Institute. This compensation is also reported on the unrelated organization's Form 990.”

“Independent contractors: Program service expenses 11,606. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,606. Business consultants: Program service expenses 0. Management and general expenses 138,977. Fundraising expenses 0. Total expenses 138,977. Professional staffing: Program service expenses 680. Management and general expenses 0. Fundraising expenses 0. Total expenses 680. Coaches fee: Program service expenses 179,277. Management and general expenses 0. Fundraising expenses 0. Total expenses 179,277. Contract consultants: Program service expenses 142,986. Management and general expenses 0. Fundraising expenses 0. Total expenses 142,986.”

“The organization has a committee that assumes responsibility for oversight of audit of its financial statements and selection of an independent accountant. This process has not changed since the prior year.”