Global Leadership Inc

“The board of directors meets annually, and on the telephone as needed during the year, to review the finances. A copy of the 990 is emailed to the board for review prior to its filing. At the annual meeting, form 990 is presented a second time for review.”

“A conflict of interest policy was adopted into the by-laws in 2010. Board and management notification as well as annual reviews are required by the policy.”

“During the board of directors annual meeting the budget for the coming year is discussed. Salary adjustments for the executive director are discussed within the budget, or via telephone. Since salary increases have not been possible over the last few years, with the only compensation increasing relating to the increase in health insurance costs, the budget in this area has stayed the same.”

“Global leadership will provide its form 990 report to be reviewed upon request. Bylaws and policies are not generally available to the public, but exceptions may be made on a case by case basis.”

“Global leadership has been conducting business and leadership training in ukraine since 1998, with invitations to expand trainings to many other countries around the world. The unique christian faith informed approach provides a framework for applying universal truths in ways that change lives.”

“Line 8 - prior period adjustment. In 2017 and 2018 new accounting personnel prepared the accounting records for the organization. In so doing credit card accounts and bank statments were reconcilded with differences noted in missed ministry expenses in prior years. To set the general ledger right these have been totaled into a prior period adjustment reducing net assets.”