| Form 990, Part III, Line 1: |
Our mission is to link the church of the first world with the church of the third world in a manner that helps both the materially poor and the poor in spirit. The materially poor are served by local churches, clergy, and lay leaders who have been empowered and supplied with goods by Food For The Poor. The poor in spirit are renewed by their relationship with and service to the poor through our direct ministry of teaching, encouragement, and prayer. Ultimately, we seek to bring both benefactors and recipients to a closer union with our Lord. |
| Form 990, Part VI, Section A, line 4 |
The organization amended its Bylaws to reflect changes to the number, composition, qualifications, authority, and duties of the organization's officers. The former officers of the organization consisted of a President, Vice President, Secretary and Treasurer. The amended Bylaws updated the officers of the organization to be a President, Chief Operating Officer, Chief Financial Officer/Chief Administrative Officer, Treasurer and Secretary. |
| Form 990, Part VI, Section A, line 6 |
The Organization has one class of voting Members. Members consist of the former President/CEO, former Secretary, one individual related to the Founder, and one individual related to both the Founder and former President/CEO. |
| Form 990, Part VI, Section A, line 7a |
The one class of voting Members of the Corporation elect or remove the Directors of the Corporation. |
| Form 990, Part VI, Section A, line 7b |
The one class of voting Members of the Corporation propose and approve amendments made to the Bylaws of the Corporation. In order for amendments to the Bylaws to become effective, the same must be approved by an affirmative vote of not less than 50% of the Members of the Corporation. |
| Form 990, Part VI, Section B, line 11b |
Form 990 is prepared by an independent CPA firm and an initial draft of the Form 990 is reviewed by the President, CFO, and Controller for accuracy before the return is filed. The approved draft of the Form 990 is sent to the Audit Committee and Board for review and approval before filing with the IRS. |
| Form 990, Part VI, Section B, line 12c |
Food for the Poor monitors and enforces compliance with the conflict of interest policy through annual related party confirmations signed by members of the board, officers, and by key employees. Executive Management and HR review the signed statements. Should any potential conflicts of interest be disclosed, the board member or officer 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 |
The board reviews comparability data and makes recommendations for approval of the President's compensation package. The President makes recommendations to the board regarding compensation of other officers and key employees by using comparative market data. Deliberation regarding these decisions is recorded in the Board minutes. |
| Form 990, Part VI, Section C, line 19 |
Food for the Poor makes its governing documents and conflict of interest policy available to the public upon request. The annual report contains a brief summary of the financial statements and the complete financial statements are made available upon request and on the Organization's website. |
| Form 990, Part XI, line 9: |
Losses on uncollectible pledges -549,454. |
Attach to Form 990 or 990-EZ.