247 Media Ministries

“David and barbara harms are married.”

“A draft of the 990 is provided to all board members for review and discussion prior to finalizing and filing the return.”

“1. An interested preson may make a presentaion at the governing board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and vote on, the transaction or arrangement involving the possible conflict of interest. 2. The chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. 3. After exercising due diligence, the governing board or committee shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. 4. The governing board or committee shall determine by a majority vote of the disintersted directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. In conformity with the above determination, it shall make its decision as to whether to enter into the transaction or arrangement.”

“A. The board shall review and approve the compensation of compensated individuals. B. The board reviewing and approving compensation for compensated individuals shall satisfy the following requirements or procedures: (1) approval by persons without a conflict of interest. Compensation shall be reviewed and approved by the board, provided that directors with a conflict of interest with respect to the compensation arrangement at issue are not involved. Members of the board do not have a conflict of interest if they (a) are not benefitting from or participating in the compensation arrangement; (b) are not in an employment relationship subject to the direction or control of any person benefitting from or participating in the compensation arrangement; ( c) do not receive compensation or other payments subject to the approval of any person benefitting from or participating in the compensation arrangement; ( d) have no material financial interest affected by the compensation arrangement; and (e) do not approve a transaction providing economic benefits to any person participating in the compensation arrangement, who in turn has or will approve a transaction providing economic benefits to the member. (2) use of comparability data. In its review and approval of compensation, the board shall review and use data and surveys of comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated the corporations. (3) recording compensation deliberations. The board shall contemporaneously document and maintain records with respect to the deliberations and decisions regarding the compensation arrangement. (4) review and approval for certain executive officers. Ln addition to the requirements of this policy applicable to all compensated individuals, any compensation set for the ceo or president, and cfo or treasurer, (or individuals with equivalent powers, duties or responsibilities comparable to these positions), must also be determined to be just and reasonable. The board's review and approval shall occur initially upon hiring, whenever the term of employment, if any, is renewed or extended, and whenever the compensation is modified. Separate review and approval shall not be required if a modification of compensation extends to substantially all employees.”

“DISCLOSURE UPON REQUEST”

“Board will receive copy of form and review prior to submission.”

“DISCLOSURE UPON REQUEST”

“The mission of worship 24/7 is to ignite a passion for god through worship that results in a life of generosity, discipleship, evangelism and service. When you listen to worship 24/7 you are part of a community of people who worship god passionately ... And then does something with that experience. Everything we do is designed around that mission. Our goal is to buy and build a radio station network and online community broadcasting worship music 24 hours a day, 7 days a week. Just imagine what one million worshipers could do toward the expansion of god's kingdom! As we worship, as we deepen our relationship with god and learn his word, as we tell others about jesus, and as we give ourselves away in service the impact can be significant.”