Powerpoint Ministries

“Deb Graham and Jason Graham have a family relationship.”

“The Organization's top management official and top financial official each review the Form 990 prior to its filing with the IRS. A copy of the final form 990 is also provided to the voting members of the Organization's governing body prior to its filing with the IRS.”

“The conflict of interest policy is distributed annually to each member of the governing body, the officers, and key employees. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agree to comply with the policy. The governing body regularly monitors compliance with the policy and takes action as needed.”

“The compensation committee meets annually to determine and set compensation levels. The deliberations and decisions of the committee are documented in the minutes of the committee meeting. In its deliberations and decisions, the committee utilizes appropriate information regarding compensation amounts paid for comparable positions in comparable organizations. These procedures are followed to ensure that the compensation for the Organization's key leaders are reasonable and appropriate.”

“Copies of the organization's governing documents, conflict of interest policy, and financial statements are available upon request.”

“An audit of the Organization's financial statements is conducted annually by an independent certified public accounting firm, which has resulted in the issuance of an unqualified opinion. In addition, the Organization is a fully accredited member of the Evangelical Council for Financial Accountability (ECFA) and, as such, subscribes to ECFA's Seven Standards of Responsible Stewardship addressing: (1) operation in conformity with the Organization's evangelical Christian doctrinal statement, (2) oversight by a Board of Directors, the majority of which are independent, (3) submission of complete, accurate, audited financial statements, (4) proper management and financial controls over the use of the Organization's resources, (5) public availability of the Organization's current financial statements upon written request, (6)avoidance of conflicts of interest, and (7) responsible, truthful fund-raising practices.”

“The Organization provides a ministerial housing allowance under Section 107 of the Internal Revenue Code to Scott Seal, in connection with the ministerial services that he provides as an employee of the Organization. The ministerial housing allowance amount is included in Form 990, Part VII, Section A, Line 1(a), Column (F) - other compensation from the Organization.”

“The Organization's Board of Directors, or a committee thereof, assumes reponsibility for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.”