Scriptures in Use

“Review of 990 the siu board is provided with a draft copy of the form 990. Questions are answered before the submission of the form.”

“Scriptures in use holds biannual meetings to discuss policies, increase in salary for the ceo, financials, and reports about how funds are used to fulfill the organizations mission. All policies, including the conflict of interest policy, are held in a separate binder in the office.”

“Governing documents, financial reports, and tax returns are maintained at the scriptures in use office. Parties requesting said documents will be provided copies within 30-days of the initial request. Parties may be charged a small fee for volumes of copies.foundation leaders who requested certain documents from the organization in 2013 were sent digitized copies by the ceo james bowman. No other parties from the public requested any governing documents or tax returns.”

“We are correcting information based on input from an independent cpa who performed a review on form 990.we corrected part i line 4 to show four independent voters. We also corrected part iv line 11f because the cpa performed a compilation before the form 990 was e-filed and created footnotes that are shown in schedule d part x. We corrected the restricted net assets based on the cpa's compilation report. We previously included the compensation held to be paid to the eo as a restricted net asset.we corrected schedule a part i to agree with siu's exemption letter indicating the organization falls under section 509(a)(1). The correction reflectes checking line 7 instead of line 9, and completing part ii instead of part iii.”

“Siu receives much of its funding during the last quarter of the year. Funding reported on page 2 of statement of program service accomplishments includes amounts intended for use in the following year. $280,000 were received from foundations in the final quarter of 2013. $30,000 were received in the final quarter of 2012. $150,000 of the foundation funding was for the women's program. Business transactions involving interested personswe are correcting the independent voting members to 4. This question was misunderstood prior to review of the 990 by an independent cpa. Schedule l is not filed because amounts paid were under $100,000, the party paid received less than $10,000 and 1% of the organizations total revenue. The paid party was neither a family member nor a joint venture.”