Civic Intelligence

Ksbj Special Events

990 • Fiscal year 2017 • EIN 76-0371181

Jul 01, 2016 to Jun 30, 2017 • Filed on Feb 13, 2018

1722 Treble DriveHumble, TX 77338

(281) 446-5725

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.02x

Higher debt load relative to assets than 32% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

18th percentile

-13%

Higher net margin than 18% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

4th percentile

-28%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

9th percentile

-28%

Faster revenue growth than 9% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$782,878

Down $304,447 (-28%) from 2016

Net Assets

Down

$765,597

Down $252,949 (-25%) from 2016

Liabilities

Down

$17,281

Down $51,498 (-75%) from 2016

Revenue

Down

$1,934,006

Down $736,805 (-28%) from 2016

Expenses

Down

$2,186,955

Down $316,690 (-13%) from 2016

Net Income

Down

-$252,949

Down $420,115 (-251%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2010: $532,966Liabilities 2010: $39,399Net Assets 2010: $493,5672010Assets 2011: $730,762Liabilities 2011: $14,929Net Assets 2011: $715,8332011Assets 2012: $806,378Liabilities 2012: $40,093Net Assets 2012: $766,2852012Assets 2013: $691,632Liabilities 2013: $19,761Net Assets 2013: $671,8712013Assets 2014: $897,637Liabilities 2014: $138,107Net Assets 2014: $759,5302014Assets 2015: $1,043,482Liabilities 2015: $192,102Net Assets 2015: $851,3802015Assets 2016: $1,087,325Liabilities 2016: $68,779Net Assets 2016: $1,018,5462016Assets 2017: $782,878Liabilities 2017: $17,281Net Assets 2017: $765,5972017Assets 2018: $811,203Liabilities 2018: $38,410Net Assets 2018: $772,7932018Assets 2019: $1,007,255Liabilities 2019: $278,119Net Assets 2019: $729,1362019Assets 2020: $905,697Liabilities 2020: $205,178Net Assets 2020: $700,5192020

Highlighted filing

2017

Assets$782,878
Liabilities$17,281
Net Assets$765,597

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,358,7112010Expenses 2011: $1,902,6902011Expenses 2012: $1,562,0842012Revenue 2013: $2,168,461Expenses 2013: $2,262,875Net Income 2013: -$94,4142013Revenue 2014: $1,787,010Expenses 2014: $1,699,351Net Income 2014: $87,6592014Revenue 2015: $2,406,899Expenses 2015: $2,315,049Net Income 2015: $91,8502015Revenue 2016: $2,670,811Expenses 2016: $2,503,645Net Income 2016: $167,1662016Revenue 2017: $1,934,006Expenses 2017: $2,186,955Net Income 2017: -$252,9492017Revenue 2018: $2,347,751Expenses 2018: $2,340,555Net Income 2018: $7,1962018Revenue 2019: $2,198,427Expenses 2019: $2,242,084Net Income 2019: -$43,6572019Revenue 2020: $1,466,980Expenses 2020: $1,495,597Net Income 2020: -$28,6172020

Highlighted filing

2017

Revenue$1,934,006
Expenses$2,186,955
Net Income-$252,949
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Feb 13, 2018
Return Version
2016v3.1
Gross Receipts
$1,934,006
Mission and Program Overview

Mission

Ksbj special events' purpose is to be the voice of hope, connecting people to god through live events based on the gospel of jesus christ.

"the voice of hope, connecting people to god" through live events based on the gospel of jesus.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$835,231$465,712▼ $369,519
Cash and Non-Interest-Bearing Accounts$231,926$248,824▲ $16,898
Prepaid Expenses and Deferred Charges$15,616$55,080▲ $39,464
Accounts Receivable$337$10,100▲ $9,763
Land, Buildings, and Equipment, Net$4,215$3,161▼ $1,054
Other Notes and Loans Receivable, Net-$1-
Total Assets$1,087,325$782,878▼ $304,447
Liabilities
Deferred Revenue$25,000--
Accounts Payable and Accrued Expenses$43,465$17,281▼ $26,184
Other Liabilities$314--
Total Liabilities$68,779$17,281▼ $51,498
Net Assets / Fund Balance
Unrestricted Net Assets$1,018,546$765,597▼ $252,949
Total Net Assets Fund Balance$1,018,546$765,597▼ $252,949
Total Liabilities and Net Assets / Fund Balance$1,087,325$782,878▼ $304,447

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,161$7,312$10,473
Compensation and Service Providers

Board Members and Trustees

NameTitle
Bob EthingtonBoard Chair/
Tim McdermottPresident
John BreedingVice Chair/d
Jeff HeardBoard Sec./t
Harvey BrownDirector
John Van LeeuwenDirector
Laranda BurkeCFO/corp Sec
Elaine WelcomeVP of Org De

Highest Paid Contractors

ContractorServicesLocationCompensation
Casting CrownsMusicianPO BOX 150867, Nashville, TN 37215$230,285
Clutch City Sports & EntertainmentVenue Rental1510 POLK STREET, Houston, TX 77020$110,605
Revenue and Support

Revenue Composition

Contributions and Grants
$98,351
Program Service Revenue
$1,829,051
Investment Income
$2,735
Other Revenue
$3,869
All Other Contributions
$98,351
Change in Net Assets
$-252,949
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,786,178
Salaries, Compensation, and Employee Benefits$400,777
Total Fundraising Expense$43,002
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,064,872$42,000-$1,106,872
Other Expenses$557,960-$43,002$600,962
Other Salaries and Wages$253,202$27,164-$280,366
Other Employee Benefits$82,703$9,189-$91,892
Travel$23,290$396-$23,686
Payroll Taxes$19,917$2,213-$22,130
Occupancy$16,243$677-$16,920
Insurance$13,541$2,739-$16,280
Office Expenses$8,092$2,141-$10,233
Pension Plan Contributions$5,750$639-$6,389
Fees for Services Accounting-$5,900-$5,900
Information Technology$2,252--$2,252
Conferences and Meetings$844$336-$1,180
Depreciation Depletion$948$105-$1,053
Fees for Services Legal-$840-$840
Total Functional Expenses$2,049,614$94,339$43,002$2,186,955
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Tim mcdermott laranda burke president cfo business relationship tim mcdermott elaine welcome president vp org dev business relationship laranda burke elaine welcome cfo vp org dev business relationship

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by an outside cpa firm. After preparation is completed, the return is reviewed by the organization's accounting manager, cfo and president. After the review is complete, the form 990 is then provided to the board of directors prior to filing with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

The board members are required to annually complete a commitment form that includes a statement of conflict of interest. In addition, board members are required annually to complete a conflict of interest/related party questionnaire. The accounting department staff continually monitor vendors for compliance with the conflict of interest/related party policy. Should a conflict of interest exist, interested parties are required to recuse themselves from the decision making process and subsequent vote.

Form 990, Page 6, Part VI, Line 15A

The top official is not compensated by this organization.

Form 990, Page 6, Part VI, Line 15B

No other officers are compensated.

Form 990, Page 6, Part VI, Line 19

The financial statements, conflict of interest policy, and governing documents are available to the public at the organization's main office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Ksbj Special Events
EIN
76-0371181
Phone
2814465725
Address
1722 TREBLE DRIVE, HUMBLE, TX 77338

Signing Officer

Name
Tim Mcdermott
Title
President
Phone
2814465725
Signed
2018-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tim Mcdermott
Formed
1992
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
5
Employees
17
Volunteers
827

Preparer

Firm
Sommerville & Associates Pc
Address
3030 MATLOCK RD STE 201, ARLINGTON, TX 76015-2936
Preparer
Elaine L Sommerville CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Produces is very intentional in making the ministry and the message of the gospel the primary focus. While the delivery of the gospel may be a little different at an event for teens than at a men's or women's event than at a more traditional worship style concert, the heart of the message stays true. And at every event, the gospel is presented and a time for response is given with an army of prayer volunteers ready to pray with people who want to commit their lives to christ. The prayer volunteers are also available throughout the events to pray with people. There are many stories of lives impacted at our events. One the highlights of the year was the girls night out event which ministered to over 4,000 ladies of all different ages, ethnicities and backgrounds from across the greater houston area. The evening began with meredith andrews and her band providing a time of praise and worship. Roaring laughter followed thanks to comedian nazareth who also asked cancer survivors and those who had overcome marriage or financial difficulties to stand, reminding everyone in attendance to find their hope in christ. Following intermission, lysa terkeurst delivered a powerful message centered on dealing with rejection which struck quite a cord with attendees. As lysa finished her message she invited ladies to accept christ for the first time as well as recommit their lives to him while leading the group in prayer. As a result, there were a confirmed 117 decisions made for christ and 4 lives rededicated to christ in addition to 174 prayer requests and 52 praise reports received. Special events' concerts are an ideal platform for partnering with and raising awareness for local nonprofit organizations. The ksbj ministry spotlight highlights a local ministry that matches the heart of the artist. This is a great connection opportunity providing a forum for attendees to gather information and to get involved in serving and supporting local ministries. In the last fiscal year, special events produced 24 christ centered events, including 8 free events, uniting over 70,000 people for worship and to share the gospel of jesus christ. Our prayer volunteers connected with approximately 2,000 people which resulted in salvations, re-dedications, prayer requests and praise reports. Ksbj special events relies on the support of volunteers to accomplish its mission. Special events had over 825 dedicated volunteers who served almost 5,000 hours, filling crucial roles including back stage loading equipment in/out, praying with people, working as stage hands, etc.

Form 990, Part V

Line 2 - the payroll duties are handled by an unrelated organization, ksbj educational foundation inc. Ksbj educational foundation files all required payroll returns as required by the irs. As such, according to irs instructions regarding common paymasters, the number of employees reported on part v, line 2a represents the number of employees who worked for the filing organization, but were reported by the unrelated organization.

Form 990, Part IX, Line 11G

Artist honorariums 912,404 0 0 stagehands 61,297 0 0 drivers 4,400 0 0 security 54,165 0 0 contract labor 32,606 0 0 support services 0 42,000 0 total 1,064,872 42,000 0

Financial Statement Notes

Schedule D, Page 3, Part X

The consolidated financial statement effect of a tax position taken or expected to be taken are recognized in the consolidated financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the consolidated statements of activities. As of june 30, 2017, ksbj special events had no uncertain tax positions that qualify for recognition or disclosure in the consolidated financial statements. Ksbj special events files information tax returns in the united states and various states.

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IRS990/Desc0KSBJ SPECIAL EVENTS DOESN'T JUST CREATE EVENTS, THEY CREATE OPPORTUNITIES TO BRING BELIEVERS TOGETHER TO POUR INTO THEM SPIRITUALLY, TO INSPIRE THEM TO PURSUE A DEEPER RELATIONSHIP WITH GOD AND TO BE THE HANDS AND FEET OF CHRIST IN THEIR COMMUNITY. NOTHING UNIFIES THE BODY OF CHRIST QUITE LIKE A CONCERT. A SEA OF BELIEVERS JOINED TOGETHER IN WORSHIP WITH HANDS LIFTED HIGH AND VOICES ECHOING THE PRAISES OF OUR LORD AND SAVIOR JESUS CHRIST IS POWERFUL AND LIFE CHANGING. THE IMPACT OF THE MINISTRY OF KSBJ SPECIAL EVENTS (SPECIAL EVENTS) RESONATES ACROSS CULTURAL, DENOMINATIONAL, RACE, AGE, GENDER, POLITICAL, SOCIAL, AND ECONOMIC BOUNDARIES. THE CHRIST CENTERED EVENTS THAT SPECIAL EVENTS PRODUCES TRULY ARE CHURCH WITHOUT WALLS EXPERIENCES THAT CONNECT PEOPLE TO GOD. EACH EVENT THAT SPECIAL EVENTS PRODUCES IS VERY INTENTIONAL IN MAKING THE MINISTRY AND THE MESSAGE OF THE GOSPEL THE PRIMARY FOCUS. WHILE THE DELIVERY OF THE GOSPEL MAY BE A LITTLE DIFFERENT AT AN EVENT FOR TEENS THAN AT A MEN'S OR WOMEN'S EVENT THAN AT A MORE TRADITIONAL WORSHIP STYLE CONCERT, THE HEART OF THE MESSAGE STAYS TRUE. AND AT EVERY EVENT, THE GOSPEL IS PRESENTED AND A TIME FOR RESPONSE IS GIVEN WITH AN ARMY OF PRAYER VOLUNTEERS READY TO PRAY WITH PEOPLE WHO WANT TO COMMIT THEIR LIVES TO CHRIST. THE PRAYER VOLUNTEERS ARE ALSO AVAILABLE THROUGHOUT THE EVENTS TO PRAY WITH PEOPLE. THERE ARE MANY STORIES OF LIVES IMPACTED AT OUR EVENTS. ONE THE HIGHLIGHTS OF THE YEAR WAS THE GIRLS NIGHT OUT EVENT WHICH MINISTERED TO OVER 4,000 LADIES OF ALL DIFFERENT AGES, ETHNICITIES AND BACKGROUNDS FROM ACROSS THE GREATER HOUSTON AREA. THE EVENING BEGAN WITH MEREDITH ANDREWS AND HER BAND PROVIDING A TIME OF PRAISE AND WORSHIP. ROARING LAUGHTER FOLLOWED THANKS TO COMEDIAN NAZARETH WHO ALSO ASKED CANCER SURVIVORS AND THOSE WHO HAD OVERCOME MARRIAGE OR FINANCIAL DIFFICULTIES TO STAND, REMINDING EVERYONE IN ATTENDANCE TO FIND THEIR HOPE IN CHRIST. FOLLOWING INTERMISSION, LYSA TERKEURST DELIVERED A POWERFUL MESSAGE CENTERED ON DEALING WITH REJECTION WHICH STRUCK QUITE A CORD WITH ATTENDEES. AS LYSA FINISHED HER MESSAGE SHE INVITED LADIES TO ACCEPT CHRIST FOR THE FIRST TIME AS WELL AS RECOMMIT THEIR LIVES TO HIM WHILE LEADING THE GROUP IN PRAYER. AS A RESULT, THERE WERE A CONFIRMED 117 DECISIONS MADE FOR CHRIST AND 4 LIVES REDEDICATED TO CHRIST IN ADDITION TO 174 PRAYER REQUESTS AND 52 PRAISE REPORTS RECEIVED. SPECIAL EVENTS' CONCERTS ARE AN IDEAL PLATFORM FOR PARTNERING WITH AND RAISING AWARENESS FOR LOCAL NONPROFIT ORGANIZATIONS. THE KSBJ MINISTRY SPOTLIGHT HIGHLIGHTS A LOCAL MINISTRY THAT MATCHES THE HEART OF THE ARTIST. THIS IS A GREAT CONNECTION OPPORTUNITY PROVIDING A FORUM FOR ATTENDEES TO GATHER INFORMATION AND TO GET INVOLVED IN SERVING AND SUPPORTING LOCAL MINISTRIES. IN THE LAST FISCAL YEAR, SPECIAL EVENTS PRODUCED 24 CHRIST CENTERED EVENTS, INCLUDING 8 FREE EVENTS, UNITING OVER 70,000 PEOPLE FOR WORSHIP AND TO SHARE THE GOSPEL OF JESUS CHRIST. OUR PRAYER VOLUNTEERS CONNECTED WITH APPROXIMATELY 2,000 PEOPLE WHICH RESULTED IN SALVATIONS, RE-DEDICATIONS, PRAYER REQUESTS AND PRAISE REPORTS. KSBJ SPECIAL EVENTS RELIES ON THE SUPPORT OF VOLUNTEERS TO ACCOMPLISH ITS MISSION. SPECIAL EVENTS HAD OVER 825 DEDICATED VOLUNTEERS WHO SERVED ALMOST 5,000 HOURS, FILLING CRUCIAL ROLES INCLUDING BACK STAGE LOADING EQUIPMENT IN/OUT, PRAYING WITH PEOPLE, WORKING AS STAGE HANDS, ETC.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CONSOLIDATED FINANCIAL STATEMENT EFFECT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED IN EXPENSES IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES. AS OF JUNE 30, 2017, KSBJ SPECIAL EVENTS HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. KSBJ SPECIAL EVENTS FILES INFORMATION TAX RETURNS IN THE UNITED STATES AND VARIOUS STATES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRODUCES IS VERY INTENTIONAL IN MAKING THE MINISTRY AND THE MESSAGE OF THE GOSPEL THE PRIMARY FOCUS. WHILE THE DELIVERY OF THE GOSPEL MAY BE A LITTLE DIFFERENT AT AN EVENT FOR TEENS THAN AT A MEN'S OR WOMEN'S EVENT THAN AT A MORE TRADITIONAL WORSHIP STYLE CONCERT, THE HEART OF THE MESSAGE STAYS TRUE. AND AT EVERY EVENT, THE GOSPEL IS PRESENTED AND A TIME FOR RESPONSE IS GIVEN WITH AN ARMY OF PRAYER VOLUNTEERS READY TO PRAY WITH PEOPLE WHO WANT TO COMMIT THEIR LIVES TO CHRIST. THE PRAYER VOLUNTEERS ARE ALSO AVAILABLE THROUGHOUT THE EVENTS TO PRAY WITH PEOPLE. THERE ARE MANY STORIES OF LIVES IMPACTED AT OUR EVENTS. ONE THE HIGHLIGHTS OF THE YEAR WAS THE GIRLS NIGHT OUT EVENT WHICH MINISTERED TO OVER 4,000 LADIES OF ALL DIFFERENT AGES, ETHNICITIES AND BACKGROUNDS FROM ACROSS THE GREATER HOUSTON AREA. THE EVENING BEGAN WITH MEREDITH ANDREWS AND HER BAND PROVIDING A TIME OF PRAISE AND WORSHIP. ROARING LAUGHTER FOLLOWED THANKS TO COMEDIAN NAZARETH WHO ALSO ASKED CANCER SURVIVORS AND THOSE WHO HAD OVERCOME MARRIAGE OR FINANCIAL DIFFICULTIES TO STAND, REMINDING EVERYONE IN ATTENDANCE TO FIND THEIR HOPE IN CHRIST. FOLLOWING INTERMISSION, LYSA TERKEURST DELIVERED A POWERFUL MESSAGE CENTERED ON DEALING WITH REJECTION WHICH STRUCK QUITE A CORD WITH ATTENDEES. AS LYSA FINISHED HER MESSAGE SHE INVITED LADIES TO ACCEPT CHRIST FOR THE FIRST TIME AS WELL AS RECOMMIT THEIR LIVES TO HIM WHILE LEADING THE GROUP IN PRAYER. AS A RESULT, THERE WERE A CONFIRMED 117 DECISIONS MADE FOR CHRIST AND 4 LIVES REDEDICATED TO CHRIST IN ADDITION TO 174 PRAYER REQUESTS AND 52 PRAISE REPORTS RECEIVED. SPECIAL EVENTS' CONCERTS ARE AN IDEAL PLATFORM FOR PARTNERING WITH AND RAISING AWARENESS FOR LOCAL NONPROFIT ORGANIZATIONS. THE KSBJ MINISTRY SPOTLIGHT HIGHLIGHTS A LOCAL MINISTRY THAT MATCHES THE HEART OF THE ARTIST. THIS IS A GREAT CONNECTION OPPORTUNITY PROVIDING A FORUM FOR ATTENDEES TO GATHER INFORMATION AND TO GET INVOLVED IN SERVING AND SUPPORTING LOCAL MINISTRIES. IN THE LAST FISCAL YEAR, SPECIAL EVENTS PRODUCED 24 CHRIST CENTERED EVENTS, INCLUDING 8 FREE EVENTS, UNITING OVER 70,000 PEOPLE FOR WORSHIP AND TO SHARE THE GOSPEL OF JESUS CHRIST. OUR PRAYER VOLUNTEERS CONNECTED WITH APPROXIMATELY 2,000 PEOPLE WHICH RESULTED IN SALVATIONS, RE-DEDICATIONS, PRAYER REQUESTS AND PRAISE REPORTS. KSBJ SPECIAL EVENTS RELIES ON THE SUPPORT OF VOLUNTEERS TO ACCOMPLISH ITS MISSION. SPECIAL EVENTS HAD OVER 825 DEDICATED VOLUNTEERS WHO SERVED ALMOST 5,000 HOURS, FILLING CRUCIAL ROLES INCLUDING BACK STAGE LOADING EQUIPMENT IN/OUT, PRAYING WITH PEOPLE, WORKING AS STAGE HANDS, ETC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 2 - THE PAYROLL DUTIES ARE HANDLED BY AN UNRELATED ORGANIZATION, KSBJ EDUCATIONAL FOUNDATION INC. KSBJ EDUCATIONAL FOUNDATION FILES ALL REQUIRED PAYROLL RETURNS AS REQUIRED BY THE IRS. AS SUCH, ACCORDING TO IRS INSTRUCTIONS REGARDING COMMON PAYMASTERS, THE NUMBER OF EMPLOYEES REPORTED ON PART V, LINE 2A REPRESENTS THE NUMBER OF EMPLOYEES WHO WORKED FOR THE FILING ORGANIZATION, BUT WERE REPORTED BY THE UNRELATED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TIM MCDERMOTT LARANDA BURKE PRESIDENT CFO BUSINESS RELATIONSHIP TIM MCDERMOTT ELAINE WELCOME PRESIDENT VP ORG DEV BUSINESS RELATIONSHIP LARANDA BURKE ELAINE WELCOME CFO VP ORG DEV BUSINESS RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM. AFTER PREPARATION IS COMPLETED, THE RETURN IS REVIEWED BY THE ORGANIZATION'S ACCOUNTING MANAGER, CFO AND PRESIDENT. AFTER THE REVIEW IS COMPLETE, THE FORM 990 IS THEN PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD MEMBERS ARE REQUIRED TO ANNUALLY COMPLETE A COMMITMENT FORM THAT INCLUDES A STATEMENT OF CONFLICT OF INTEREST. IN ADDITION, BOARD MEMBERS ARE REQUIRED ANNUALLY TO COMPLETE A CONFLICT OF INTEREST/RELATED PARTY QUESTIONNAIRE. THE ACCOUNTING DEPARTMENT STAFF CONTINUALLY MONITOR VENDORS FOR COMPLIANCE WITH THE CONFLICT OF INTEREST/RELATED PARTY POLICY. SHOULD A CONFLICT OF INTEREST EXIST, INTERESTED PARTIES ARE REQUIRED TO RECUSE THEMSELVES FROM THE DECISION MAKING PROCESS AND SUBSEQUENT VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TOP OFFICIAL IS NOT COMPENSATED BY THIS ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6NO OTHER OFFICERS ARE COMPENSATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S MAIN OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ARTIST HONORARIUMS 912,404 0 0 STAGEHANDS 61,297 0 0 DRIVERS 4,400 0 0 SECURITY 54,165 0 0 CONTRACT LABOR 32,606 0 0 SUPPORT SERVICES 0 42,000 0 TOTAL 1,064,872 42,000 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART IX, LINE 11G
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