The Redeemers School

“A copy of the irs form 990 is provided to the board of directors prior to filing the 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 compentent survey information, and the result of arm's length bargaining and 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, impermissible private benefit or in an excess benefit transaction.”

“The organization makes its governing documents and financial statements available to the general public upon request.”

“This return is being amended to correctly report an additional contribution of $1,000,000 and the related investment income of $6,649 that was inadvertently not reported on the original return. Changes were made to the following: page 9, part viii, line 1h; page 1, part i, line 8: the original return reported $1,891,198 of contributions received. The amended return reports the correct amount of $2,891,198. Page 9, part viii, line 3: the original return reported $11,203 of investment income. The amended return reports the correct amount of $17,852. This change results in page 1, part i, line 10 being adjusted to $16,734. Page 9, part viii, line 12; page 12, part xi, line 1; page 1, part i, line 12: the original return reported $1,977,353 of total revenue. The amended return reports the correct amount of $2,984,002. Page 11, part x, line 2: the original return reported $1,641,026 of savings and temporary cash investments. The amended return reports the correct amount of $2,647,675. Page 11, part x, line 16; page 1, part i, line 20: the original return reported $2,143,944 as total assets. The amended return reports the correct amount of $3,150,593. Page 11, part x, line 33; page 12, part xi, line 10; page 1 part i, line 22: the original return reported $2,143,735 as net assets or fund balances. The amended return reports the correct amount of $3,150,384. Page 12, part xi, line 3; page 1, part i, line 19: the originial return reported $883,323 of revenue less expenses. The amended return reports the correct amount of $1,889,972. Schedule b was updated to report the additional $1,000,000 contribution.”