Ground Zero Ministries Inc.

“Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's top management. The reviewed Form 990 is then provided electronically to the board of directors for review and comment prior to filing with the IRS.”

“All directors and officers of the organization are required to disclose potential conflicts. The Board of Directors is responsible for monitoring and enforcing compliance with the organization's conflict of interest policy. If a conflict is present, the person in question is only allowed to provide facts on the matter and answer questions related to the matter at hand. They are in no way allowed to exert influence on any of the members, inside or outside the meeting.”

“Compensation for the President/Chairman is determined and approved by the independent members of the Board of Directors. The Board uses national surveys of similar organizations and churches when making compensation determinations. This process is documented in the minutes. 15b - The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions.”

“The governing documents, conflict of interest policy, and financial statements are available upon request.”

“In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its compiled financial statements for the period ended 6/30/2019. The 2018 Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $809,312 Line 29 - Net assets with donor restrictions $233,188 Total net assets $1,042,500”