Team Guts Inc

“Paul turner (president) and todd turner (vice president) are brothers.”

“The president will review the form 990 prior to filing.”

“Annually each director, principal officer, and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person has received a copy of the policy, has read the policy, and has agreed to comply with the policy. There are periodic reviews done to ensure the tax-exempt status has not been jeopardized.”

“All independent board members reviewed and approved the amount of compensation paid to the president and vice president for the year ended 2021. These independent board members recognize that the approved compensation for these 2 officers is well below comparable compensation amounts for similarly qualified individuals. These compensation amounts were approved however in consideration of the current financial position of team guts, inc. And projections of near-term future operations such that the organization can sustain operations. Team guts maintains contemporaneous documentation of all independent board member deliberations and decisions regarding compensation paid to top management officials of the organization.”

“All information is available upon request.”

“Outside fitness instructors: program service expenses 4,840. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,840. Camp directors and other services: program service expenses 4,180. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,180. Paycheck processing: program service expenses 0. Management and general expenses 162. Fundraising expenses 0. Total expenses 162.”