2021-10-19T11:49:52-05:00 2020-12-31 363990892 Capin Crouse LLP 3050 Saturn Street Suite 104 Brea CA 92821 990 2020-01-01 930713827 Luis Palau Association LUIS 5036141500 PO Box 50 Portland OR 97207 Scott Kraske Chief Financial Officer 5036141500 2021-10-19 1 Scott Kraske 999009999 Ashley Peabody P01385870 5055022746 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Kevin Palau PO Box 50 Portland OR 97207 17131932 0 X www.palau.org X 1978 OR Proclaiming the Good News, Uniting the Church, and Impacting Cities Worldwide. 16 14 60 2500 0 0 13866621 12595561 111454 2085 84443 -80139 -591093 -212209 13471425 12305298 646292 658787 0 0 6464160 6002684 0 0 1247867 6221693 3228987 13332145 9890458 139280 2414840 7755228 10532231 1589253 1949156 6165975 8583075 X Proclaiming the Good News, Uniting the Church, and Impacting Cities Worldwide. 0 0 1770842 211068 22534 AL MINYA, EGYPT // FEBRUARY 2020At the beginning of 2020, right before the pandemic shut down live events across the globe, thousands of Egyptians from 60 local churches united us to spread hope through a 4-day outreach, February 6-9. The massive effort reached 15,000 people in person and saw more than 1,500 make a public confession of faith in Jesus Christ.The campaign, led by the Kasr El-Dobara network of churches and including the help of Andrew and Wendy Palau, featured 10 outreaches to different sectors of society -- men, women, and children. The campaign also launched a new effort of long-term strategy to encourage, equip, and bless the local Christian community. It also encouraged vision for ongoing evangelistic outreaches.In addition to the 15,000 people reached in person, hundreds of thousands more were reached through the live television broadcast via Sat7 Television Network and two other online streaming networks. FUTURE INTERNATIONAL FESTIVALS 1753356 EASTER OUTREACH // APRIL 2020With the COVID pandemic hitting hard, causing us to postpone several festivals and in-person outreaches, we quickly turned to our digital platforms to continue reaching out with the Good News. In addition to targeted Gospel campaigns to nations that were being hit hard by the pandemic, we launched a special online Easter campaign. The campaign consisted of a Good Friday message from Andrew Palau, an Easter message from Luis Palau, and multiple online Gospel ads pushed out through Facebook and Instagram. Hundreds of churches, who were still struggling to make the shift online, grabbed our Easter messages and used them for their own specific outreaches, including churches in the United States, Latin America, Africa, and Europe. By the end of the week-long campaign, we have reached more than half a million people with the Gospel videos, culminating in more than 22,000 indicated decisions for Christ.As an added element to our Easter outreach, our team had the joy of working with Prison Fellowship to share a special Easter Virtual Hope Event that was made available to hundreds of prisons throughout the United States. The main Gospel message was presented by Andrew.STORIES OF HOPE ONLINE FESTIVAL // MAY 2020In the midst of international upheaval and national unrest, millions of people tuned in to Stories of Hope--an online festival experience with Andrew and Wendy Palau. This online festival included powerful testimonies, inspiring music, and multiple opportunities for individuals to hear the Good News and respond in personal commitment. Stories of Hope included stories and music from: Hillsong UNITED, TobyMac, Tasha Cobbs Leonard, Kari Jobe and Cody Carnes, Tercer Cielo, Clayton Kershaw--National League MVP, Tony Dungy--Super Bowl Champion Coach, Chrissy Metz--from This is Us, Rich Froning Jr--8x CrossFit Champion, Jeremy Roloff--TLC Star, Savannah McKinley--from The Bachelor, Charlie Ward--Heisman Trophy winner, Megan Alexander--from Inside Edition, Monty Williams--Phoenix Suns Head Coach, Kirk Cousins--Quarterback for the Minnesota Vikings, George Moss--Rapper and founder of OXEN Apparel, Meagan Good--actress and star of the NBC drama series Deception, and Mariano Rivera--Five-time World Series Champion of the NY Yankees.SI HAY ESPERANZA ONLINE FESTIVALS // JUNE AND NOVEMBER 2020In the same fashion as Stories of Hope, our online English-speaking festival, we premiered a similar online Spanish-speaking event called Si Hay Esperanza!--an online, TV, and radio festival broadcast with Luis and Andrew Palau. Through these events, 7,011 people indicated a decision to follow Jesus!With powerful testimonies, inspiring music, and the sharing of the Good News, millions of people were reached and impacted with the Gospel message. The event included appearances from Alex Campos, Kike Pavn, Redimi2, Marisol Park, Gastn Pauls, Cristian Ansaldi, and Myrka Dellanos.ONE MILLION MOMS CAMPAIGN // SEPTEMBER OCTOBER 2020Recognizing the unusual pressures on mothers during this COVID season, we launched our Million Moms Campaign with a goal of reaching one million moms with the Gospel. Wendy poured her heart out in covering five separate topics that relate to moms during this season: loneliness, anxiety, weariness, disappointment, and darkness. We have seen many people come to Christ through this endeavor and are confident that God will continue to use these messages to bring hope and encouragement to many mothers.All five videos were published to Facebook and Instagram through strategic ad campaigns targeted at mothers. Each ad played one of five video messages and included a button to a website with a written Gospel presentation. With the option to indicate a decision for Christ with a button click, we saw more than 3,000 people indicate that they accepted Jesus. We also provided the option to engage more deeply by signing up to stay in touch over email and to receive daily inspiration by joining our Hope with God community on Facebook.A NIGHT OF HOPE // OCTOBER 2020To bring encouragement amidst the global pandemic, we had a special night of vision to extend hope around the world in October. This online event included a special message of encouragement from Luis, worship and words from Grammy-winning artist Matt Redman, stories of hope and vision from Kevin, Andrew, and Wendy Palau, and the global launch of our Good News World Tour.Broadcast live from our newly renovated studio in Portland, Oregon, this program shared what we are up to as a ministry and brought inspiration and encouragement to many of our friends and supporters.ONLINE CHRISTMAS OUTREACH // DECEMBER 2020During the Christmas season, we set out to do another campaign similar to the Million Moms Campaign. Through short, sharable videos focused on non-believers, with a clear evangelistic focus, we reached over 8 million people with the Christmas message. Focused on joy, hope, life, God's promise, and a fresh start, Luis, Andrew, and Wendy poured out their heart to reach many before the year ended. Like the Million Moms Campaign, each video was connected to a website where they read a clear Gospel presentation, an invitation to pray to receive Christ, and an option to let us know about their decision.HOPE WITH GOD // DIGITAL EVANGELISM Back in 2019, the Palau Association acquired a powerful, ongoing ministry initiative known as Hope with God. This growing website and social media community shares the Gospel through targeted Facebook ads and encourages people in their faith through an active Facebook community. Especially during 2020, our Hope with God platform has reached millions with hope amidst a year where many felt hopeless and uncertain due to the pandemic.We have seen how this platform gives us the ability to reach people in the hardest-to-reach places of the world. Right where they are, we can share the Good News of Jesus, offering them a hope that can change their lives. While we work hard to reach people with the Gospel, Hope with God also offers community through our Facebook page consisting of more than 20 million people from around the world, and the opportunity to grow in Jesus through various articles, videos, encouragements, and other resources. 1511594 2500 FUTURE US FESTIVAL - Brevard County, Florida // March 2021Hosted by churches, businesses, and nonprofits, this year-long, region-wide campaign focuses on serving the region and proclaiming a powerful message of hope in Jesus through multiple evangelistic gatherings, revival meetings, training events, and community service initiatives. Like all Palau festivals, much care and attention are given to church unity, community service, training in personal evangelism, and clear public proclamation of the Gospel, culminating in the 2-day evangelistic festival planned for March 2021. 879238 4162 RADIO & MEDIA EFFORTSIn true Palau form, widespread media efforts are using all forms of media to elevate the work of the Church, remind people of the urgency of the Gospel, and train more individuals in personal evangelism. This includes creative new media efforts, targeted advertising, online resources for personal evangelism efforts, and cutting-edge digital evangelism strategies.Since its inception, the Palau Association has taken the message of the Gospel to the airwaves through evangelistic radio and television programs. Today, our impact in the world through media has expanded to include continent-wide radio, television, best-selling books, a massive internet presence, social media, and online training courses for pastors and evangelists in Latin America.Since the age of 17, Luis Palau took the message of the Gospel to the airwaves through evangelistic radio programs. Today millions of people listen to Luis' English and Spanish programs broadcast on 3,500 radio outlets in 48 countries.Through Reaching Your World (aired on 1,485 stations), Luis' messages provide listeners with practical encouragement for sharing God's love with the people in their lives. His biblically-rooted take on a spectrum of topics enables believers to take advantage of every opportunity to spread the Good News. In 2009, Andrew Palau joined Luis on the program. Andrew's two minute messages are broadcast on 855 radio outlets every Friday. We have two Spanish programs: Luis Palau Responde, a five minute program, and Cruzada con Luis Palau, a 15 minute Bible teaching program that has helped millions of listeners grow in their faith.SPANISH AUDIO DRAMA BIBLEPartnering with the Grace and Mercy Foundation, and after more than two years of work, we finally launched the Spanish Audio Drama Bible this November. Incorporating the talents of many well-known Latin personalities, this dramatized reading of the Bible will help saturate all of Latin America with the Word of God.The project was more than a simple recording of Scripture. We wanted to make it as accessible and engaging as possible. We worked tirelessly to ensure we illustrated every part of the Bible, including the background and ambient noises that would have occurred in each narrative. All this for the purpose of transporting listeners into each story throughout the Bible. INSTITUTO BBLICO LUIS PALAU (IBLP)The Luis Palau Association has spent the past 8 years developing and launching a powerful online training curriculum specifically for our Spanish-speaking pastors and church leaders. Working with several strategic partners, this online Bible Institute has grown to become a valuable training resource for leaders throughout the Spanish-speaking world.This Bible Institute now offers more than 205 training hours that maximize five decades of ministry experience from more than 25 top Christian leaders, all free of charge. Future goals include expanding modules to better equip and encourage evangelists, and to expand our online curriculum to include training for women in leadership. 578616 283910 RE:NEW TALKS // OCTOBER 2020Similar to our efforts to bless and encourage evangelists, we also have a deep love and passion for pastors and church leaders. We want to see them encouraged and supported, especially during this difficult season. Through several gatherings, including our most recent RE:NEW Talks in late October 2020, we have worked to gather leading pastors and speakers who can speak into the lives of pastors, and give them the encouragement they need to continue on in joy.Hosting the event live from Brevard County, Florida, hundreds of people joined in-person while more than 1,500 people tuned in online. The gathering included words of encouragement and insight from Luis Palau, Andrew Palau, Wendy Palau, Kevin Palau, Bob Goff, Craig Groeschel, David Platt, Mike Kelsey, Tony Evans, Lee Strobel, and many more.GLOBAL NETWORK OF EVANGELISTSJust as important as direct Gospel proclamation, we've spent this entire year blessing, encouraging, equipping, and supporting thousands of partner evangelists around the world through our Global Network of Evangelists (GNE). This effort has included dozens of online gatherings in multiple nations, giving these evangelists a place to share, pray for one another, learn from each other, and be equipped to continue in their work.The Next Generation Alliance was enfolded into GNE in 2020, expanding the vision that began in 1998. GNE desires to accelerate evangelism worldwide and elevate evangelism at the city and national level. GNE also seeks to identify and form networks of evangelists in countries around the world; help cities develop strategic Evangelism Teams to guide their passion for evangelism toward collaborative action; and identify, affirm, equip, and mobilize younger evangelists. 507474 161309 REACHING YOUR WORLD ONLINE TRAINING // APRIL 2020Realizing the unique times we were in, and the struggle for many believers to understand how they could continue to reach out with the Gospel personally, on April 30 we hosted a global online training event calling "Reaching Your World: How to Share Hope During Social Distancing." Focused on empowering and equipping followers of Jesus to share their faith with others, the event aired on Facebook, Instagram, and palau.org.Hosted by Andrew and Wendy Palau, the experience featured an exciting lineup of special guests, including music from Mandisa and Chris Quilala from Jesus Culture, a word of encouragement from Francis Chan, and teaching by Mark Mittelberg, Shaila Visser, and York Moore.More than 23,300 people tuned in for the event.CITY GOSPEL MOVEMENTS Evangelism does not happen by default. After decades of hosting festivals in cities around the world, we've learned that without local leaders' sustained focus on evangelism, evangelism momentum will atrophy no matter how energetic a festival may have been. This lesson rings truer than ever before in our own city of Portland, Oregon. And it's why we're so passionate about the work through our City Gospel Movements team.Our City Gospel Movements team exists to celebrate and accelerate collaborative Gospel work in cities around the world--encouraging and promoting ongoing prayer, service, and evangelism. And with a special focus on fueling local evangelism teams in more than 50 U.S. cities over the next 3 years, our prayer is that we will continue to elevate evangelism worldwide.Evangelism Team Labs 2.0Our Festivals and City Gospel Movements team hosted an online peer-learning opportunity for some Evangelism Team pilot cities to plan out their E-Teams. A total of 16 Evangelism Team pilot cities participated. During the time, they discussed case studies from two different cities to show other leaders how to build a strong team, create a regular meeting rhythm, and plan local events to equip people to share the good news in their cities across North America. 1965328 445219 4162 7001120 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 1 1 1 0 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 1 43 0 1 60 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ FL LA MD MN NH OR PA TN VA WV WI X David Jones 5036141500 PO Box 50 Portland OR 97207 X Kevin Palau President/Director 45.00 X X 158250 0 102986 Dr Luis Palau Evangelist/Director 45.00 X X 141851 0 80091 Scott Cahill Chairman/Director 1.00 X X 0 0 0 Simon Berry Secretary/Director 1.00 X X 0 0 0 Howard Dahl Director 1.00 X 0 0 0 Vicki Foster Director 1.00 X 0 0 0 Scott Hanson Director 1.00 X 0 0 0 Mita Jash Director 1.00 X 0 0 0 Ross M Lindsay III Director 1.00 X 0 0 0 Richard Luebke Director 1.00 X 0 0 0 Mark R Neaman Director 1.00 X 0 0 0 Rafael Pedace Director 1.00 X 0 0 0 David R Reisenbigler Director 1.00 X 0 0 0 John Southard Director 1.00 X 0 0 0 Gail A Stockamp Director 1.00 X 0 0 0 Jevon Chan Director 1.00 X 0 0 0 John Ogle Vice President 45.00 X 208208 0 45446 Scott Kraske Chief Financial Officer/Treasurer 45.00 X 123336 0 35497 Andrew Palau Dir. of Festivals 45.00 X 146305 0 107105 Keith Palau Dir. of Donor Relations 45.00 X 127087 0 39742 Jorge Scopazzo Producer 45.00 X 129714 0 28269 Justin Fordice Director of Communications 45.00 X 116394 0 36600 Tracy Roberts IT Director 45.00 X 106365 0 29721 1257510 0 505457 9 0 1 0 0 1507937 11087624 658646 12595561 Event Fees 900099 1285 1285 Honorariums 900099 800 800 2085 20012 20012 2624 2624 64363 28259 36104 36104 36104 4403218 2875 4506244 0 -103026 2875 -100151 -100151 0 1507937 291741 -291741 -291741 2467 390 2077 2077 38727 22534 16193 38727 12305298 26696 0 -316959 178809 178809 479978 479978 909176 579667 150290 179219 543777 351007 65643 127127 3557117 2553831 574032 429254 153828 115371 24612 13845 609999 454658 99418 55923 228787 171590 36606 20591 24958 24958 45450 45450 94 94 693465 470099 110954 112412 373880 373880 269450 152088 43113 74249 179208 104406 28673 46129 161661 118803 27429 15429 316273 185141 97282 33850 109163 46872 17466 44825 220931 650 198733 21548 171357 63518 82417 25422 Festival production 347703 347703 Radio and Television 226015 226015 Printing 89379 27034 14301 48044 9890458 7001120 1641471 1247867 2727252 4241378 4172949 5871 1196 143614 89107 5130185 3746204 1520873 1383981 2310894 32284 959189 569426 87535 41910 7755228 10532231 630064 506880 872850 959189 569426 1589253 1949156 X 5872932 8080882 293043 502193 6165975 8583075 7755228 10532231 2414840 2260 0 X 0 1 X 1 0 X 10433053 12317637 13556418 13866621 12595561 62769290 10433053 12317637 13556418 13866621 12595561 62769290 1216506 61552784 44351 50969 76314 169109 86999 427742 38608 48180 88945 49502 38727 263962 63460994 560736 0.96990 0.97560 X Schedule A, Part II, Line 10, Explanation of Other Income: Fundraising event fees - 2017 Amount: $ 5,000. 2018 Amount: $ 31,800. 2019 Amount: $ 14,800. 2020 Amount: $ 0. Other income - 2016 Amount: $ 38,608. 2017 Amount: $ 43,180. 2018 Amount: $ 57,145. 2019 Amount: $ 34,702. 2020 Amount: $ 38,727. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 378000 378000 3749596 2801374 948222 1002589 944830 57759 1383981 Cash surrender value of life insurance 424625 F Annuity contracts with insurance companies 144801 F 569426 Deferred compensation 569426 569426 30695746 2260 18068282 18070542 12625204 94 -320000 -319906 12305298 28278646 18068282 320000 18388282 9890364 94 94 9890458 Part XI, Line 4b - Other Adjustments: Fundraising event expenses -291,741. Rent expenses -28,259. Part XII, Line 2d - Other Adjustments: Fundraising event expenses 291,741. Rent expenses 28,259. 1 South America 0 0 Grants to Recipients Located in Region 2000 Sub-Saharan Africa 0 0 Grants to recipients located in region 5200 Europe (Including Iceland & Greenland) 0 0 Grants to Recipients Located in Region 113868 South Asia 0 0 Grants to Recipients Located in Region 267910 Central America and the Caribbean 0 0 Grants to Recipients Located in Region 1000 Middle East and North America 0 0 Grants to Recipients Located in Region 90000 Middle East and North Africa 0 0 Program Service Evangelistic outreach 24177 South America 0 4 Program Service Evangelistic outreach 706285 Sub-Saharan Africa 0 3 Program Service Evangelistic outreach 296679 Europe (Including Iceland & Greenland) 1 4 Program Service Evangelistic outreach 75743 East Asia and the Pacific 0 0 Program Service Evangelistic outreach 40648 0 4 1 7 1 11 1210440 413070 1623510 South Asia Used to fund purchases of food, clothing, education, and evangelism for orphans. 267910 Wire transfer Middle East and North Africa Christian evangelism 90000 Wire transfer Europe (Including Iceland & Greenland) Christian evangelism 113868 Wire transfer 3 0 0 0 0 0 0 0 Part I, Line 2: Follow-up visits and phone calls are made to monitor program progress and accomplishments. The organization has also done occasional field audits, receives regular ministry reports, and in some cases, has board representation. Part I, line 3: Foreign expenditures were accounted for based on the accrual method of accounting using expense reports, receipts, and other appropriate documentation. Part III Accounting Method: Palm Beach Donor Retreat 1507937 1507937 248872 11000 31869 1507937 1507937 248872 11000 31869 291741 -291741 1 National Christian Foundation 11625 Rainwater Drive Suite 500 Alpharetta GA 30009 581493949 501(c)(3) 98423 Assist Grand Rapids churches struggling during pandemic East Texas Communities Foundation 315 N Broadway Ave 210 Tyler TX 75702 752309138 501(c)(3) 37000 Community service in Tyler, TX Imago Dei Community 1302 Se Ankeny St Portland OR 97214 931277176 501(c)(3) 9000 Assist family of deceased pastor 3 0 Part I, Line 2: Follow-up visits and phone calls are made to monitor program progress and accomplishments. The organization has also done occasional field audits, receives regular ministry reports, and in some cases, has board representation. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 Kevin Palau President/Director 132680 0 22000 0 3570 0 19259 0 85704 0 263213 0 0 0 John Ogle Vice President 186166 0 20000 0 2042 0 15019 0 32403 0 255630 0 0 0 Andrew Palau Dir. of Festivals 120633 0 20000 0 5672 0 20247 0 88834 0 255386 0 0 0 Dr Luis Palau Evangelist/Director 136409 0 0 0 5442 0 21443 0 66231 0 229525 0 0 0 Keith Palau Dir. of Donor Relations 124034 0 2500 0 553 0 9315 0 31249 0 167651 0 0 0 Scott Kraske Chief Financial Officer/Treasurer 110383 0 12000 0 953 0 7870 0 29603 0 160809 0 0 0 Jorge Scopazzo Producer 114481 0 15000 0 233 0 3931 0 25159 0 158804 0 0 0 Justin Fordice Director of Communications 109683 0 6000 0 711 0 8273 0 30303 0 154970 0 0 0 Part I, Line 1a First class airfare is allowed for the Evanglist and is not considered taxable compensation due to a bona fide business purpose. The board has reviewed this determination and approved. Pursuant to Internal Revenue Code Section 107, ministerial housing allowances are provided for qualifying ministerial employees. The following persons received ministerial housing allowances during 2020, none of which was included taxable compensation: -Dr. Luis Palau -Kevin Palau -Andrew Palau LPA pays for travel for Andrew Palau's children when Andrew and his wife, Wendy, are both speaking at LPA events and is thus considered to have a bona fide business purpose. This companion travel goes through the LPA pre-approval process and is reviewed by a board member. The benefit is included in taxable compensation. Per the board approved policy, spouse travel is occasionally approved for employees that are required to travel extensively for their jobs. John Ogle and Kevin Palau travelled with their spouses in 2020. The benefit is included in taxable compensation. Part I, Line 7 In 2020, the LPA board approved non-fixed payments classified as bonuses for the following individuals: Kevin Palau John Ogle Scott Kraske Andrew Palau Keith Palau Justin Fordice Jorge Scopazzo Andrew Palau Family member of Dr. Luis Palau, Evangelist and Kevin Palau, President 255388 Employment 0 Keith Palau Family member of Dr. Luis Palau, Evangelist and Kevin Palau, President 167651 Employment 0 Dr Luis Palau Family member of Kevin Palau, President 229525 Employment 0 Kevin Palau Family member of Dr. Luis Palau, Evangelist 263213 Employment 0 Laney Palau Family member of Kevin Palau, President 74344 Employment 0 Patricia Palau Family member of Dr. Luis Palau,Evangelist;Kevin Palau, Pres;Andrew Palau 39824 Employment 0 Schedule L, Part IV: Explanation for including Dr. Luis Palau, Kevin Palau, Andrew Palau and Keith Palau in Schedule L, Part IV and Form 990, Part VII, Section A:The instructions to Schedule L (Form 990), Part IV state that compensation reported in Form 990, Part VII, Section A does not have to be reported in Schedule L, Part IV, "...unless the compensation was to a family member of another person reported in Form 990, Part VII, Section A." X 21 522844 Stock Market Value X 1 115177 FMV X Ornaments 1 20625 FMV 0 0 0 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Schedule M Part I, Line 31 As of the filing date, the organization did not have a gift policy that requires the review of nonstandard contributions in place. However, the organization will be implementing one before the end of 2021 so that the response to this question will be "yes" on future filings. Form 990, Part VI, Section A, line 1 The organization has an Executive Committee that is comprised of the Founder, President, board Chairman, board Vice-Chairman and board Secretary. This committee shall study and recommend policies relating to all programs and services of LPA. It shall have the authority to act for the board on all matters except for dissolving the corporation, hiring or firing the Chief Executive, entering into major contracts outside the scope of the board-approved budget, making significant changes to the board-approved budget, adopting or eliminating major programs, buying or selling property, amending the bylaws, changing any policies that the board determines may be changed only by the board, so long as the Executive Committee determines that it would be imprudent to wait for the next board meeting to take such as action. With respect to any action taken on behalf of the board, (1) the Executive Committee is required to report the action to the board within 10 days, and (2) the board must approve the action at the next board meeting. Form 990, Part VI, Section A, line 2 Luis Palau and Kevin Palau have a family relationship. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an independent CPA firm. It is also reviewed by LPA management in detail and then a copy is provided to the board before it is filed with the Internal Revenue Service. Form 990, Part VI, Section B, line 12c All transactions are monitored by top management and reviewed for conflicts of interest. All contracts entered into are reviewed and approved by an officer of the organization. Additionally, all officers and board members sign statements on an annual basis declaring any potential conflicts. The CFO/Treasurer is responsible for reviewing the signed statements. The President reviews the CFO/Treasurer's statement. Should any conflicts of interest be identified, the board member or officer with the interest would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship. Form 990, Part VI, Section B, line 15 Salaries for officers are set by the independent compensation committee of the board of directors. On an annual basis, the compensation committee reviews comparability data, determines the salary increases for officers and communicates the decision to ministry management. Form 990s of similar organizations and compensation surveys from multiple sources. The process and decisions are documented in the board minutes. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available upon request. Form 990, Part VII and Schedule J, Part II Compensation reported in Part VII, column D and Schedule J, Part II, column B is the amount reported on the individual's W-2, box 1 or 5 (whichever amount is greater) per the IRS instructions. In the case of minister's compensation when box 5 of the W-2 is not applicable, box 1 compensation is used. Employee deferrals to qualified retirement plans are normally captured in box 5, not box 1 of Form W-2. For reporting purposes we have included the minister's retirement plan deferrals in Part VII, column F and Schedule J, Part II, column C. Livin It LLC PO Box 50 Portland OR 97207 Extreme sports evangelism OR 0 0 N/A