MANAGEMENT TECHNOLOGIES INTERNATIONAL INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- MANAGEMENT TECHNOLOGIES INTERNATIONAL INC (EIN 91-1703263)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-10
- IRS object ID
- 201231319349300428
- Schema version
- 2010v3.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule I
- Schedule J
- Schedule L
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-10T07:22:09-07:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 3T ADVISORS LLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2535 ROSEDALE ST | AddressLine1 |
| City | LEWISVILLE | City |
| State | TX | State |
| ZIP Code | 750778634 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 911703263 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MANAGEMENT TECHNOLOGIES INTERNATIONAL | BusinessNameLine1 |
| Business Name Line2 | INC | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MANA | NameControl |
| Phone | 7706830808 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1635 Highway 34 East | AddressLine1 |
| City | Newnan | City |
| State | GA | State |
| ZIP Code | 30265 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CATHY MURPHY | Name |
| Title | ASST TREASURER | Title |
| Date Signed | 2012-05-10 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | J DAVID MCCURDY CPA CFP | Name |
| Phone | 9725913382 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | CHAN KEI THONG | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1635 Hwy 34 E Suite B | AddressLine1 |
| City | Newnan | City |
| State | GA | State |
| ZIP Code | 30265 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 2743858 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| All Affiliates Included | false | AllAffiliatesIncluded |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.ldichina.com | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1995 | YearFormation |
| State Legal Domicile | NC | StateLegalDomicile |
| Activity Or Mission Description | Faith-based Education and Training: To promote a culture of integrity to urban professionals and their families in East Asia, and beyond, through character-centered education services. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 9 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 45 | TotalNbrEmployees |
| Total Nbr Volunteers | 35 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 899672 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 767853 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 1686640 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 1962750 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2202 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2113 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 3455 | OtherRevenuePriorYear |
| Other Revenue Current Year | 7935 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2591969 | TotalRevenuePriorYear |
| Total Revenue Current Year | 2740651 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 356194 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 661512 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1449152 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1517433 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 116809 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1037455 | OtherExpensePriorYear |
| Other Expenses Current Year | 1420720 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 2842801 | TotalExpensesPriorYear |
| Total Expenses Current Year | 3599665 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -250832 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -859014 | RevenuesLessExpensesCY |
| Total Assets BOY | 4638258 | TotalAssetsBOY |
| Total Assets EOY | 3352699 | TotalAssetsEOY |
| Total Liabilities BOY | 923151 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 496606 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 3715107 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2856093 | NetAssetsOrFundBalancesEOY |
| Mission Description | Faith-based Education and Training: To promote a culture of integrity to urban professionals and their families in East Asia, and beyond, through character-centered education services. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 2320988 | Expense |
| Grants | 661512 | Grants |
| Revenue | 1966123 | Revenue |
| Description | Education and Training - Provided/Supported faith-based English language, education and business training programs in Asia. Recruited, trained and sent over 50 teachers and field staff (foreign and national) to six international schools (K-12), with more than 1,450 students from over 20 countries, and to business and language training programs in seven major cities in Asia. Outreach for intensive year-long faith-based teacher training reached over 100 participants. Faith-based experiential education reached over 1,800 participants. Faith-based business training reached over 650 participants. See Form 5471 for entity (Sharp Thinking) that implements some projects. Approximately 35 volunteers, including seconded staff from other non-profit organizations, serve the organization. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 293658 | Expense |
| Description | Mobilization - Mobilized and assisted over 55 teachers, volunteers and staff members who serve in faith-based initiatives in East Asia, and beyond, or who serve in support of faith-based initiatives in East Asia, and beyond. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 2614646 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | true | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | true | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | true | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 26 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 45 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Form990-T Filed | false | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | OC | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Form8886 T Filed | false | Form8886TFiled |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Non Deductible Disclosure | false | NonDeductibleDisclosure |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Quid Pro Quo Disclosure | false | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 0 | NumberOf8282Filed |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Form8899 Filed | false | Form8899Filed |
| Form1098 C Filed | false | Form1098CFiled |
| Excess Business Holdings | false | ExcessBusinessHoldings |
| Taxable Distributions | false | TaxableDistributions |
| Distribution To Donor | false | DistributionToDonor |
| Filed Lieu1041 | false | FiledLieu1041 |
| Licensed More Than One State | false | LicensedMoreThanOneState |
| Indoor Tanning Services | false | IndoorTanningServices |
| Form720 Filed | false | Form720Filed |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 9 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Policies Reference Chapters | false | PoliciesReferenceChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | true | InvestmentInJointVenture |
| Written Policy Or Procedure | true | WrittenPolicyOrProcedure |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | CATHY MURPHY | NamePerson |
| Telephone Number | 7706830808 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1635 Highway 34 East Ste B | AddressLine1 |
| City | Newnan | City |
| State | GA | State |
| ZIP Code | 30265 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer |
|---|---|---|---|---|---|---|
| WILLIAM GOFF | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| THOMAS WINKLER | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| THOMAS JAMES BECK | ||||||
| Chairman | 1.00 | X | 0 | 0 | 0 | |
| ROY SMITH | ||||||
| Vice President | 32.00 | 34904 | 0 | 26630 | X | |
| RON HARRIS | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| RANDY EBELING | ||||||
| VP/SECRETARY | 40.00 | 50372 | 0 | 3130 | X | |
| PETER REGEZ | ||||||
| Vice President | 32.00 | 24768 | 0 | 0 | X | |
| LAURIE DODEN | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| JOHN CRAGIN | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| JEONG IN SOO | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| GREGG VOSSLER | ||||||
| Vice President | 32.00 | 26506 | 0 | 28998 | X | |
| GRAHAME EDWARD HARRIS | ||||||
| Director | 1.00 | X | 0 | 0 | 0 | |
| DAVID KURITAR | ||||||
| Treasurer | 32.00 | 10445 | 22551 | 8552 | X | |
| CHAN KEI THONG | ||||||
| President | 32.00 | X | 73726 | 0 | 8552 | X |
| CATHY MURPHY | ||||||
| ASST TREASURER | 40.00 | 65242 | 0 | 0 | X | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 285963 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 22551 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 75862 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | false | TotalCompGT150K |
| Compensation From Other Sources | true | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Related Organizations | 767853 | RelatedOrganizations |
| Total Contributions | 767853 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Education/Support Service | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 1962750 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1962750 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 1962750 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1753 | TotalRevenueColumn |
| Exclusion | $1,753 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 360 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 360 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 360 | TotalRevenueColumn |
| Related Or Exempt Function Income | 360 | RelatedOrExemptFunctionIncome |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 6220 | GrossSalesOfInventory |
| Cost Of Goods Sold | 3207 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3013 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3013 | RelatedOrExemptFunctionIncome |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Currency Translation | Description |
| Business Code | 611710 | BusinessCode |
| Total Revenue Column | 4922 | TotalRevenueColumn |
| Exclusion | $4,922 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 4922 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2740651 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1966123 | RelatedOrExemptFunctionIncome |
| Exclusion | $6,675 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 635263 | Total |
| Program Services | 635263 | ProgramServices |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26249 | Total |
| Program Services | 26249 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 224033 | Total |
| Program Services | 83606 | ProgramServices |
| Management And General | 122071 | ManagementAndGeneral |
| Fundraising | 18356 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63384 | Total |
| Program Services | 60215 | ProgramServices |
| Fundraising | 3169 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1058293 | Total |
| Program Services | 701638 | ProgramServices |
| Management And General | 323015 | ManagementAndGeneral |
| Fundraising | 33640 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77518 | Total |
| Program Services | 53907 | ProgramServices |
| Management And General | 21204 | ManagementAndGeneral |
| Fundraising | 2407 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 94205 | Total |
| Program Services | 59302 | ProgramServices |
| Management And General | 31116 | ManagementAndGeneral |
| Fundraising | 3787 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49058 | Total |
| Management And General | 49058 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12107 | Total |
| Management And General | 12107 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 161517 | Total |
| Program Services | 101675 | ProgramServices |
| Management And General | 53349 | ManagementAndGeneral |
| Fundraising | 6493 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 22671 | Total |
| Program Services | 14374 | ProgramServices |
| Management And General | 362 | ManagementAndGeneral |
| Fundraising | 7935 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76275 | Total |
| Program Services | 27974 | ProgramServices |
| Management And General | 44928 | ManagementAndGeneral |
| Fundraising | 3373 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 26066 | Total |
| Program Services | 16409 | ProgramServices |
| Management And General | 8609 | ManagementAndGeneral |
| Fundraising | 1048 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 249133 | Total |
| Program Services | 153446 | ProgramServices |
| Management And General | 86168 | ManagementAndGeneral |
| Fundraising | 9519 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 218225 | Total |
| Program Services | 185491 | ProgramServices |
| Management And General | 15276 | ManagementAndGeneral |
| Fundraising | 17458 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 53602 | Total |
| Program Services | 33742 | ProgramServices |
| Management And General | 17705 | ManagementAndGeneral |
| Fundraising | 2155 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 73998 | Total |
| Program Services | 46582 | ProgramServices |
| Management And General | 24441 | ManagementAndGeneral |
| Fundraising | 2975 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21493 | Total |
| Management And General | 21493 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| Staff Development/Training | 81322 | 51192 | 26861 | 3269 |
| Program Supplies | 103721 | 103721 | ||
| Other Miscellaneous | 31556 | 19884 | 10447 | 1225 |
| Orientation/Training | 132995 | 132995 | ||
| Foreign Taxes | 106981 | 106981 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3599665 | Total |
| Program Services | 2614646 | ProgramServices |
| Management And General | 868210 | ManagementAndGeneral |
| Fundraising | 116809 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 82523 | BOY |
| EOY | 66990 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1758640 | BOY |
| EOY | 678367 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 22087 | BOY |
| EOY | 28765 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 17138 | BOY |
| EOY | 13931 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 67314 | BOY |
| EOY | 31763 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 453170 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 239300 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 127211 | BOY |
| EOY | 213870 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2563345 | BOY |
| EOY | 2319010 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 3 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4638258 | BOY |
| EOY | 3352699 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 171105 | BOY |
| EOY | 190039 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 752046 | BOY |
| EOY | 306567 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 923151 | BOY |
| EOY | 496606 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3036569 | BOY |
| EOY | 2446608 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 678538 | BOY |
| EOY | 409485 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3715107 | BOY |
| EOY | 2856093 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4638258 | BOY |
| EOY | 3352699 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -859014 | ReconcilationRevenueExpenses |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
| Federal Grant Audit Performed | false | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 103230 | OtherCostOrOtherBasis |
| Depreciation | 9633 | Depreciation |
| Book Value | 93597 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 145826 | OtherCostOrOtherBasis |
| Depreciation | 103900 | Depreciation |
| Book Value | 41926 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 204114 | OtherCostOrOtherBasis |
| Depreciation | 125767 | Depreciation |
| Book Value | 78347 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 213870 | TotalOfBookValueLandBuildings |
| Total Of Book Value Program Related | 2319010 | TotalOfBookValueProgramRelated |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Due to International Schools | Description |
| Amount | $306,567 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 306567 | TotalOfAmounts |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | false | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | Identifier |
| Explanation | The organization operates six international schools in the People's Republic of China. Under China law, all students must be holders of foreign passports, which means the students must be selected based on nationality. However, within the foreign community, students are accepted regardless of race, color and national origin. The student body is composed of persons from over 20 nations with a wide range of races, colors, and national and ethnic origins. We have a corporate non-discrimination policy by resolution of our governing boards, and we include the required non-discrimination notice on our websites, brochures and other materials concerning criteria for admission and scholarships. In light of the fact that our schools recruit only from the international community, it is not feasible for us to use print or broadcast media to solicit students or to publicize our admissions policies. However, our records reflect wide racial diversity in our student bodies. | Explanation |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (4 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC | 2 | 20 | PROGRAM INVESTMENTS | Education & Training | 1996092 |
| Middle East and North Africa | 1 | 26 | Program Services | Education & Training | 643000 |
| East Asia and the Pacific | 0 | 2 | Grantmaking | Education & Training | 26000 |
| East Asia and the Pacific | 2 | 20 | Program Services | Education & Training | 480000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 5 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 68 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 5 | TotalNumberOfOffices |
| Total Number Of Employees | 68 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 3145092 | SubtotalAmountSpent |
| Total Amount Spent | 3145092 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | East Asia & Pac | Region |
| Purpose Of Grant | Faith Based Education | PurposeOfGrant |
| Amount Of Cash Grant | 26249 | AmountOfCashGrant |
| Manner Of Cash Disbursement | Charge against funds on deposit at a financial institution | MannerOfCashDisbursement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Other Orgs | 1 | TotalNumberOfOtherOrgs |
| Transfer To Foreign Corp | false | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | false | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | true | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Grantmaker's Description of How Grants are Used in Foreign Country | The Organization monitors the use of granted funds through on-site visits (which are conducted with every grant recipient), required financial reports, noting accomplishments, and the requirement that each recipient undergo a financial audit. The Organization requires all grant recipients to agree to, and sign, a detailed grant agreement, prior to granting funds. Potential grant recipients, and their representatives, must establish a commitment to integrity and morality before any funds will be granted. The Organization typically provides oversight, via the executive leadership team, to any grant recipient, as a way to encourage and foster effective use of funds and to assist in developing leaders in the Faith-Based Education arena. |
| Additional Supplemental Information | Please see Form 5471 for information on Sharp Thinking, a wholly owned entity that directly carries out a significant portion of the exempt purposes of the organization, using funding and support provided by the organization.Schedule F, Part IV, Line 5:The organization does not have a current filing requirement for 8865. Please see Form 5471 for dislcosure of Shenyang Brave English Language Training Center, in which Sharp Thinking, a wholly owned entity, has a 50% Joint Venture interest. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | Amount Of Cash GrantAmountOfCashGrant | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Team Expansion | |||||||
| 4112 Old Routt Road | Louisville | KY | 40299 | 311043937 | 39570 | 0 | Faith-Based Education |
| Kumveka | |||||||
| 2330 Buford Road Ste 201 | Richmond | VA | 23235 | 270199785 | 109693 | 0 | Faith-Based Education |
| International Schools Consortium | |||||||
| 1635 Highway 34 E Ste B | Newnan | GA | 30265 | 753130029 | 450000 | 0 | Faith-Based Education |
| Christar | |||||||
| Box 14866 | Reading | PA | 19612 | 221717576 | 36000 | 0 | Faith-Based Education |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 4 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Grantmaker's Description of How Grants are Used | Identifier |
| Explanation | The Organization monitors the use of granted funds through required financial reports, noting accomplishments, and the requirement that each recipient undergo a financial audit or review. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
| Rebuttable Presumption Procedure | false | RebuttablePresumptionProcedure |
Form990 Schedule J Part II Form990ScheduleJPartII (3 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg |
|---|---|---|
| PETER REGEZ | ||
| 24768 | 24768 | |
| GREGG VOSSLER | ||
| 26506 | 55504 | 28998 |
| CHAN KEI THONG | ||
| 73726 | 82278 | 8552 |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| Wellspring Mgmt Services | |||
| Officer Employed | 286791 | Expense Reimbursement | false |
| Nancy Vossler | |||
| Family-Officer | 16733 | Wages | false |
| Kimberly Smith | |||
| Family-Officer | 12608 | Wages | false |
| Patrick Smith | |||
| Family-Officer | 12608 | Wages | false |
| Geri Smith | |||
| Family-Officer | 19243 | Wages | false |
Form990 Schedule L Part V Form990ScheduleLPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | Part IV, Line 5: Officer Roy Smith serves as Managing Director for Wellspring Management Services Company (WMS), an unrelated foreign entity in the "Middle East and North Africa" region, whose mission is to provide faith-based education and training services. Officer Smith has no ownership interest in WMS. WMS paid for program related expenses on behalf of the reporting organization, and was reimbursed for such expenses. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (11 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Form 990, Schedule D, Part VIII, Line 1 | Investments are reported at cost basis. Sharp Thinking International Management Consulting (Qingdao) Co, Ltd. was established by MTI in the form of a Wholly Owned Foreign Enterprise (WOFE) in China in order to carry out some of its program activities in China, including educational training activities. Under Chinese law, the WOFE form is the only legal form available to MTI to operate a directly controlled legal entity in China. Activity is reported on Form 5471 and related schedules. This WOFE is operated solely to achieve the exempt purposes of MTI and is subject to the same restrictions on uses of funds applicable to MTI as an exempt organization in the U.S. However, the WOFE is subject to income and other taxes under Chinese law, which does not provide tax exempt status to WOFEs. | |
| Form 990, Part VIII, Line 10c | The inventory sold consisted of a single book entitled "Faith of Our Fathers" which is a non-fictional book describing the history and role of faith in ancient Chinese leadership; the book is used to further the character-based educational purpose of the organization. | |
| FORM 990, PART VII, COLUMN B - HOURS TO RELATED ORGANIZATION(S) | OFFICERS THONG, SMITH, VOSSLER, EBELING, REGEZ, MURPHY AND KURITAR EACHRENDERED/CONTRIBUTED 8 HOURS PER WEEK, ON AVERAGE, TO LDI Foundation, INC., and International Schools Consortium, Inc., related PUBLIC CHARITies DISCLOSED ON SCHEDULE R. Some Officers also render/contribute hours to Sharp Thinking (see Form 5471).DIRECTORS G. HARRIS, BECK, R. HARRIS, DODEN, JEONG, WINKLER, CRAGIN AND GOFF EACHCONTRIBUTED 1 HOUR PER WEEK, ON AVERAGE, TO RELATED ORGANIZATIONS. | |
| Form 990, Part V, Lines 1c, 7g & 7h | Line 1c: The Organization does not sponsor gaming and issued no Forms W-2G.Line 7g: The Organization did not receive any qualified intellectual property.Line 7h: The Organization did not receive any cars, boats, airplanes or other vehicles. | |
| Form 990, Part IV, Line 12 - Audit | The Organization receives an annual audit performed by independent auditors using International Auditing Standards (IAS) and according to International Financial Reporting Standards (IFRS). The IFRS are used due to the material amount of activity conducted outside of the United States, specifically in Asia. FAS 117 is followed by the organization in preparing the financial statements. Of note, $172,000 of donated services were booked in the audited financial statements, but have been excluded in this Form 990, in accordance with relevant instructions. | |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Disclosure of governing documents, policies and financial statements is made to interested parties upon written request to our offices. | Form 990, Part VI, Line 19 |
| Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees | Annually, the board evaluates salary surveys and comparability data from independent industry sources for officers and key employees (defined according to the revised definition found in the instructions to Form 990 and related schedules), if any, when approving budgets and records in the minutes the evaluation and approval of compensation. | Form 990, Part VI, Line 15b |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | 1. Annual Conflict of Interest Report: The Audit Committee of the Board performs an annual survey of potential conflicts of interest and related party transactions by requiring that each board member, officer, and senior manager (key employee) complete an Annual Conflict of Interest Questionnaire disclosing such facts. These reports are reviewed by the Audit Committee and, as appropriate, by legal counsel, auditors, or another independent person.2. Further Duty to Disclose: Additionally, a board member, officer, or senior manager should inform a more senior member of management and/or the Chair of the Audit Committee if they become aware that a proposed transaction or other matter may be a related party transaction or involve an actual or potential conflict of interest Such disclosure is not necessary if the matter was previously disclosed or if it is obvious and therefore known to the Board. 3. Duty to Abstain from Decision Making: A person with an actual or potential conflict of interest shall not participate in a decision about a transaction, and no member of the Board of Directors shall vote on a transaction in which he or she has a direct or indirect interest.4. Opportunity to Present: The interested person shall be given the opportunity to disclose all material facts concerning a potential conflict of interest and the transaction to disinterested Board or management members and to respond to their questions or concerns.5. Evaluation of the Conflict: The Board (or a subcommittee of the Board) or a disinterested member of management will first evaluate the situation to determine whether there is an actual conflict of interest and whether it is "material." (A conflict of interest is "material" if it might affect, or might reasonably be thought by others to affect, the judgment or conduct of the interested party.) If so, a further evaluation of the transaction will occur.6. Evaluation of the Transaction: Transactions with interested directors, officers, or members of senior management are permitted if they are fair and reasonable to the corporation, in its best interests, and for its own benefit. The board should exercise reasonable due diligence (appropriate to the size and significance of the transaction) in evaluating these factors. It may first consider whether to solicit competing bids in the case of a related party transaction and whether a more advantageous transaction can be obtained with reasonable effort from a person or entity that would not give rise to a conflict of interest. The evaluation may be conducted by the full Board, a committee of disinterested directors, management, or an outside party, including the corporation's auditors, legal counsel, or outside experts. Such evaluation must occur if there are concerns about private inurnment or excess benefit transactions.7. Vote on the Transaction: The interested person shall not participate in any vote to approve the transaction. All proposed transactions where there is a potential conflict of interest must be approved by a vote of a majority of disinterested directors.8. Records of the Board: All votes on transactions involving an actual or potential conflict of interest shall record the names of the persons with an interest in the transaction and of the persons who considered whether there was a material conflict of interest, who evaluated the fairness of the transaction, and who voted on the transaction. Copies of any supporting material or reports shall be attached.9. Disclosures: Any material related-party transactions must be disclosed to the Corporation's auditors and in its audited financial statements.10. Violations of the Conflicts of Interest Policy: If the Board has reasonable cause to believe that a director, officer, or member of senior management has failed to disclose actual or possible conflicts of interest or pertinent facts concerning the arrangements, it shall inform the officer or director of the basis for such belief and require explanation. | Form 990, Part VI, Line 12c |
| Form 990, Part VI, Line 11: Form 990 Review Process | A copy of the Form 990 and related schedules is provided to the board's audit committee for review, dissemination to the full board, and approval prior to filing. Management is familiar with the Form 990 and reviews numerical and non-numerical portions of the form for accuracy using the audited financial statements and other documentation maintained by the organization. For board review, the relevant board members compare the report with the audited financial statements and after review, the audit committee chair provides written approval to Assistant Treasurer for filing. | Form 990, Part VI, Line 11 |
| Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et | Officers Smith and Vossler both render services to Wellspring Management Services Company (WMS), an unrelated foreign entity in the "Middle East and North Africa" region. Officer Smith serves as Managing Director for WMS and Officer Vossler renders services to WMS as an employee. The mission of WMS is to provide faith-based education and training services. | Form 990, Part VI, Line 2 |
| Client Note 1 - Form 5471, Page 4, Schedule G, Line 1:Sharp Thinking has a 50% interest in the Shenyang Brave English Language Training Center, a Chinese Cooperative Venture located in Shenyang, China. No assets have been contributed to the partnership by the filing organization; however, language training is contributed by seconded English speaking staff. The venture is participated in and operated solely to achieve the exempt purposes of MTI and is subject to the same restrictions on uses of funds applicable to MTI as an exempt organization in the U.S. The venture is subject to income and other taxes under Chinese law, which does not provide tax exempt status to cooperative ventures. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| INTERNATIONAL SCHOOLS CONSORTIUM INC | ||||||||||
| 1635 HIGHWAY 34 EAST SUITE B | NEWNAN | GA | 30265 | 753130029 | FAITH-BASED EDUCATION | NC | 501(c)(3) | 9 | N/A | true |
| LDI FOUNDATION INC | ||||||||||
| 1635 HIGHWAY 34 EAST SUITE B | NEWNAN | GA | 30265 | 364175586 | FAITH-BASED EDUCATION | IL | 501(c)(3) | 7 | N/A | true |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | Province Or StateAddressForeign/ProvinceOrState | CountryAddressForeign/Country | Postal CodeAddressForeign/PostalCode | Primary ActivityPrimaryActivity | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Healthy Foundations Co Ltd | ||||||||||||
| SAN JIAO HU SCHOOL ECON/TECH ZONE | Wuhan | Hubei | CH | 430056 | Education | CH | 753130029 | Not Applic | -531 | 450000 | 0.90000 | |
| Chengdu Education Culture Mgmt Co Ltd | ||||||||||||
| 702 BUILDING 3 DEPT 3 ZI ZHU YUAN | Chengdu | Sichuan | CH | 611731 | Education | CH | 753130029 | Not Applic | 304921 | 1442795 | 1.00000 | |
| Sharp Thinking Intl Qingdao Co Ltd | ||||||||||||
| Room 405 Jinguang Bldg 56 Xiang | Qingdao | Shandong | CH | 266071 | Education | CH | Not Applic | -264878 | 976019 | 1.00000 | N/A | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | true | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | true | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | true | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (4 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| INTERNATIONAL SCHOOLS CONSORTIUM INC | ||
| b | 450000 | Cost |
| LDI FOUNDATION INC | ||
| n | 117845 | FMV |
| LDI FOUNDATION INC | ||
| m | 76769 | FMV |
| LDI FOUNDATION INC | ||
| c | 767853 | Cost |
Form990 Schedule R Part VII Form990ScheduleRPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Form 990, Schedule R, Part V, Line 2 | Identifier |
| Explanation | LDI FOUNDATION, Inc.Amounts of $76,769 for (m) and $117,845 for (n) represent donated services (non-cash) by MTI to LDI FOUNDATION. | Explanation |