Seoul Texas

“CEO Eric Fole and President Hyun Sook Foley are married to each other. Board Members Todd Eckhardt and Brian Eckhardt are brothers.”

“The small size of the board precludes it from having committees.”

“Form 990 is prepared by an independent CPA firm and is reviewed by the organizations CEO for accuracy. A copy of the 990 is then provided to all members of the board via e-mail prior to being filed with the IRS.”

“Board Members and officers are required to disclose potential conflicts of interest on an annual basis. The CEO is responsible for monitoring this process. If a conflict is determined to exist, interested parties are required to recuse themselves from the decision making process and any subsequent vote of the board.”

“Based on recommendations from an independent HR consultant, the organization uses detailed compensation reports from two prominent salary surveys of nonprofit executives to make salary considerations for positions including: CEO, Executive Director, top management officials, officers and key employees. Independent members of the board are provided with the compensation data, as indexed by size of organization budget, region, and type. The board is solely responsible for the interpretation and determination of appropriate compensation, based on this data. Historically the board has elected to set compensation based on the low mark in each of the salary surveys. The process is documented in HR files and the decision reached is documented in the board minutes.”

“The governing documents, conflict of interest policy, and financial statements are made available to the public upon written request.”

“To educate individuals, organizations and churches throughout Korea and the United States as they participate in projects, events and activities that result in a growing understanding of each other's culture while at the same time seeing personal growth in their spiritual lives.”

“During 2014 the organization ceased organizing and managing its program activity directly, and turned over day to day operations to a local NGO located in South Korea.”

“North Korean Defector Assistance Program (Continued): Training was also provided to North Koreans through discipleship bases, worker outreach programs, nightly shortwave radio broadcasting into North Korea to an estimated audience of 2 million and the distribution of gospel materials including 4,000 newspapers, 500 Story of Jesus booklets and 3,200 North Korean/South Korean Parallel Bibles. 500 ministry packs containing living necessities and other gospel materials were also distributed to North Korean workers and trainees at our discipleship bases. Public Education and Awareness: Seoul Texas participated with Seoul USA in worldwide conferences and ongoing consultation and publishing to educate and increase public awareness and involvement in North Korean ministry through 13 international organizations with membership in the International Christian Association, as well as other nonprofit organizations and more than 50 individual advocates. Bible Distribution: Seoul Texas assisted Seoul USA in conducting 42 balloon launches into North Korea in 2014, containing a total of 38,231 Bibles. These were distributed through the sponsorship of the Bibles Unbound program and another international organization. An additional 1,225 Bibles were distributed by land through the Bibles Unbound program, bringing the total beneficiaries of Bible distribution to 39,456.”