Horse Stamp Ranch Inc

“The form 990 is reviewed by the board of directors for approval before it is submitted for filing with taxing authorities.”

“The organization's bylaws contain a written conflicts of interest policy. The purpose of this policy is to protect the organization's interests, especially its tax-exempt interests, when it is contemplating entering into a transaction or arrangement that might benefit some private interest of an employee or director of the organization or might result in a possible excess benefit to an employee or director of the organization. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the actual or possible conflict of interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing board delegated powers considering the proposed transaction or arrangement. After disclosure of the actual or possible conflict of interest and all material facts, and after discussion with the interested person, said interested party shall leave the governing board or commitee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board or committee members shall decide if a conflict of interest actually exists. Each director, employee, and committee member with governing board delegated powers shall sign a statement at the beginning of each term of office which affirms such person 1) has received a copy of the conflicts of interest policy, 2) has read and understands the policy, 3) has agreed to comply with the policy, and 4) understands the organization is charitable in nature and in order to maintain its federal tax exemption must engage primarily in activities that accomplish one or more of its tax exempt purposes.”

“The compensation for the president and vice president are determined by gathering comparative compensation data from other, similar, active 501(c) (3)organizations. The board of directors then determines an appropriate compensation package based on this information and a review of the performance of the president and vice president for the year.”

“Forms 990 are available to the public upon request.”

“Discovered necessary changes to schedule a in regards to disclosure of contributions from disqualified persons and disclosure of unrelated business income as part of total support. After further research, we discovered costs of goods sold was not allocated to nonprofit activities. The amended return appropriately allocates theses costs between nonprofit and unrelated business income.”

“The organization will also provide a venue for musical artists in the christian community to inspire guests through their music and worship.”

“The organization offers a specialized type of christian experience in which a couple who has professed faith in jesus christ through a christian church may have the pastor and guests attend a retreat and celebration of the union of the two in the holy bond of matrimony.”

“Subcontract/service labor 95,151 0 0 wedding events & rentals subcontract service/labor 0 17,607 0”