Pastorserve Inc.

“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 Organization did not have in place a written conflicts of interest policy during the tax year. Potential conflicts of interest were discussed by the members of the Organization's governing body on an as-needed basis as specific transactions were contemplated by the Organization. The Organization did not engage in any such transactions during the tax year. The Organization is currently in the process of adopting a written conflicts of interest policy.”

“The Organization's Board of Directors reviews and approves the compensation levels of all officers and key employees. The deliberations and decisions of the Board are contemporaneously substantiated. The Board utilizes comparability data in its deliberations; updated comparability data is generally obtained periodically as compensation levels are updated.”

“The Organization provides, upon request, copies of its Articles of Incorporation, bylaws, conflict of interest policy, and its financial statements.”

“Other compensation reported for James A. Dodd includes a ministerial housing allowance under IRC Section 107.”

“The Organization has marked the "Accrual" box for method of accounting, as the Organization keeps (and has historically kept) its books and records on the accrual basis of accounting. In prior years, the Organization had inadvertently marked the "Cash" box for its method of accounting on its Forms 990 filed in those years. Since the Organization has not made a change in its accounting method but rather is merely correcting the accounting method reported on the return, the Organization has not prepared or filed a Form 3115 to report a change in its accounting method (as no such change has actually been made by the Organization).”