Inspire Experiences Corporation

“The Organization's articles of incorporation were updated during the fiscal year ended December 31, 2022. Such updates included a change in the Organization's name from Inspire Bible Corporation to Inspire Experiences Corporation, as well as an expansion to the Organization's purpose language. The articles were updated to indicate a requirement of a 2/3 affirmative vote to approve dissolution as well as updates to the dissolution provisions. Further, the articles were updated to require that officers and directors resign from their position if they can no longer affirm the statement of faith, as well as updated to indicate the statement of faith may only be amended by a 3/4 vote. In addition, the Organization's bylaws were updated during the fiscal year ended December 31, 2022. Such updates included adding a provision requiring that the Organization designate a Biblical Accountability Church (the "BAC") to provide theological and doctrinal oversight to the Organization. The Organization also added a provision to require that, at all times, at least one director must be a duly ordained, licensed, or commissioned minister who serves as a pastor of a cooperating church other than the BAC. Moreover, the Organization recently established an Advisory Board to provide advice to the Board of Directors as requested, including advice on theological and doctrinal matters and on resources and tools that would be helpful for cooperating churches and Christian believers.”

“The Organization does not have committees authorized to act on behalf of the governing body.”

“The Organization's top management official and top financial official each review the Organization's Form 990 prior to its filing with the IRS. A copy of the final Form 990, in its entirety including Schedule B, is also provided to the Organization's governing body prior to its filing with the IRS.”

“The Organization has a conflict of interest policy. The policy is distributed to each member of the Organization's governing body, its officers and its key employees on an annual basis. Each such individual provides an annual disclosure statement indicating that they have received, read, understood and agreed to comply with the policy, certifying that: (1) they have no relationships or interests that present a conflict of interest, (2) they have one or more conflicts of interest that have been fully disclosed as required by the policy and have been properly administered in conformity with the policy, or (3) they have previously undisclosed conflicts of interest and disclosing the details of such conflicts. Any disclosure statements with previously undisclosed conflicts of interest are forwarded to appropriate Organization officials to take appropriate actions as required by the policy.”

“The Organization has adopted an executive compensation setting policy applicable to its key leaders, including the Organization's CEO, officers and other top leadership personnel. Under the policy, an independent committee of the Board of Directors annually reviews and approves the compensation levels of all individuals subject to the policy. The deliberations and decisions of the committee are documented in the minutes of the committee meeting. In its deliberations, the committee utilizes appropriate information regarding compensation amounts paid for comparable positions in comparable organizations. These procedures are followed to ensure that compensation arrangements for the Organization's key leaders are reasonable and appropriate.”

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