Kibo Group International Incorporated

“Business or family relationships: clint davis and brooks davis share a family relationship. Leon blue and mary-margaret watson share a family relationship.”

“Form 990 review process: an initial draft of kibo group's 990 was completed by its internal staff. An external accounting firm provided a third-party review. The final form 990 was submitted via electronic mail to the remaining board members prior to filing with the internal revenue service.”

“Conflict of interest policy: kibo group regularly and consistently monitors and enforces compliance with its written conflict of interest through annual board meetings.”

“Availability of documents: governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“SIGNIFICANT CHANGES: KIBO GROUP INTERNATIONAL INCORPORATED AMENDED THEIR BYLAWS IN 2021. THE SIGNIFICANT CHANGES INCLUDE: 1. The president may nominate Legacy Trustees for a lifetime appointment. Once nominated, a two thirds majority vote is required for appointment (nominees shall not vote). There shall not be more than five Legacy Trustees at any given time. Legacy Trustees will also serve three year terms but will not be subject to term limits. 2. If at any point, there is an even number of Trustees and a vote comes to a tie, then the President can call for further discussion and a revote, and/or cast the tie breaking vote. 3. Regular meetings of the Board shall be held at any place which has been designated from time to time by the President of the Board or by written consent of two thirds majority of the Trustees. 4. No business shall be considered at any special meeting other than the business stated in the notice given to each Trustee of the meeting, except upon the written of a two thirds majority of the Trustees. 5. Any action required or permitted to be taken at any meeting of the Board may be taken without a meeting if a written consent to said action is signed by two thirds of the Trustees and such written consent is filed with the minutes of its proceedings. 6. Every Trustee officer, and employee of the Corporation, including members of all committees of the Corporation in the performance of their duties, shall be indemnified by the Corporation to the extent and in the manner permitted by the laws of the State of Arkansas against all reasonable expenses and liabilities.”

“OTHER PROGRAM SERVICES EXPENSES: Revenue - $1,503; Expenses $6,059 - The Experience Africa program provides an experiential learning environment in multiple sectors of East African Development: healthcare, gender equality, theology, and social entrepreneurship. The program had individuals from Harding University, PepperdiNE University, Rochester College (MI), Oklahoma Christian University, as well as various donors. Expense $29,769 - The Life Skills Education and Counseling staff empowers students and their parents to better handle life's challenges. Life Skills offers a comprehensive behavior change approach that develops the character of individuals and communities through education. More than providing information, our Life Skills staff develops critical thinking skills so that individuals can make informed decision in any situation. Revenue - $33,389; Expenses - $42,964 - The Source Resource Center and Source Cafe provides conference space, a wide selection of food, a coffee shop, a tourist information desk, a library, computer training, and souvenir shopping. It does all of this while housing several non-profit organizations, a ministry training school, a church, and an HIV/Aids counseling office. EXPENSES $56,927 - OUR community health and education staff educates WOMEN AND MEN ABOUT THEIR PHYSICAL AND SPIRITUAL HEALTH IN ORDER TO EMPOWER COMMUNITIES TO DEAL WITH PERSONAL, FAMILIAL, AND COMMUNIAL CHALLENGES IN POSITIVE AND UNIFYING WAYS. OUR EMPOWERMENT STAFF INSTILLS IN WOMEN A SENSE OF THEIR OWN VALUE AND ENCOURAGES MEN TO SEE WOMEN AS BLESSING AND PARTNERS, NOT AS CURSES AND POSSESSIONS. OUR TEAM ALSO DEVELOPS LOVE, UNITY AND RESPECT.”

“Other changes in net assets: foreign currency translation adjustment: ($1,536)”