TY 2017 Form 990 Schedule O

efile Public Visual Render ObjectId: 201901359349307325 - Submission: 2019-05-15 TIN: 77-0071852

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2017

Open to Public
Inspection

Name of the organization

THOUSAND CURRENTS

Employer identification number

77-0071852

Return Reference	Explanation
FORM 990, PART VI, SECTION B, LINE 11B	THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO THE BOARD BEFORE IT IS FILED. IN ADDITION, THE AUDIT AND FINANCE COMMITTEE OF THE BOARD VET IT PRIOR TO THE ENTIRE BOARD REVIEW FOR EFFICIENCY AND ACCURACY. THE FINAL VERSION OF THE FORM 990 IS RECOMMENDED BY THE AUDIT COMMITTEE TO THE FULL BOARD FOR APPROVAL. THE BOARD APPROVES AT THE BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 12C	EACH OFFICER, DIRECTOR OR KEY EMPLOYEE MUST, ON AN ANNUAL BASIS, EXECUTE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AND A QUESTIONNAIRE. IN ADDITION, IT IS EACH OFFICER, DIRECTOR OR KEY EMPLOYEE'S DUTY TO MAKE A FULL AND PROMPT DISCLOSURE OF ALL MATERIAL FACTS REGARDING ANY CONTEMPLATED TRANSACTION OR ACTIVITY THAT COULD CREATE A POTENTIAL CONFLICT OF INTEREST. AN INTERESTED PERSON, INCLUDING THE PARTY MAKING THE CONFLICT OF INTEREST DISCLOSURE, MAY MAKE A PRESENTATION AT THE BOARD OF DIRECTORS OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST.
FORM 990, PART VI, SECTION B, LINE 15A	THE BOARD DETERMINES COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE DECISION MAKING PROCESS INCLUDES COMPARABILITY DATA. THE BOARD LAST REVIEWED THE EXECUTIVE DIRECTOR'S SALARY THIS PAST SUMMER (2018). THE EXECUTIVE DIRECTOR ALONG WITH THE BOARDS' GUIDANCE DECIDES THE DIRECTOR OF FINANCE COMPENSATION WHICH IS ALSO BASED ON COMPARABILITY DATA FROM ORGANIZATIONS OF SIMILAR BUDGET SIZE AND FOCUS AREA. PROCESS IS CONTEMPORANEOUSLY DOCUMENTED.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.
FORM 990, PART IX, LINE 11G	LANGUAGE INTERPRETATION: PROGRAM SERVICE EXPENSES 28,730. MANAGEMENT AND GENERAL EXPENSES 60. FUNDRAISING EXPENSES 15,870. TOTAL EXPENSES 44,660. DEVELOPMENT/MEDIA: PROGRAM SERVICE EXPENSES 23,680. MANAGEMENT AND GENERAL EXPENSES 357. FUNDRAISING EXPENSES 2,440. TOTAL EXPENSES 26,477. DESIGN: PROGRAM SERVICE EXPENSES 16,636. MANAGEMENT AND GENERAL EXPENSES 251. FUNDRAISING EXPENSES 1,714. TOTAL EXPENSES 18,601. COMPUTER AND TECH CONSULTANT: PROGRAM SERVICE EXPENSES 9,648. MANAGEMENT AND GENERAL EXPENSES 145. FUNDRAISING EXPENSES 994. TOTAL EXPENSES 10,787. STRATEGIC PLANNING: PROGRAM SERVICE EXPENSES 13,952. MANAGEMENT AND GENERAL EXPENSES 210. FUNDRAISING EXPENSES 1,438. TOTAL EXPENSES 15,600. PROGRAM CONSULTANT GENERAL: PROGRAM SERVICE EXPENSES 594,787. MANAGEMENT AND GENERAL EXPENSES 8,969. FUNDRAISING EXPENSES 61,297. TOTAL EXPENSES 665,053. MULTIMEDIA: PROGRAM SERVICE EXPENSES 85,354. MANAGEMENT AND GENERAL EXPENSES 1,287. FUNDRAISING EXPENSES 8,796. TOTAL EXPENSES 95,437. DIASPORA: PROGRAM SERVICE EXPENSES 8,125. MANAGEMENT AND GENERAL EXPENSES 123. FUNDRAISING EXPENSES 837. TOTAL EXPENSES 9,085. FUNDRAISING CONSULTANT: PROGRAM SERVICE EXPENSES 27,489. MANAGEMENT AND GENERAL EXPENSES 415. FUNDRAISING EXPENSES 2,835. TOTAL EXPENSES 30,739.

Return Reference

Explanation

FORM 990, PART VI, SECTION B, LINE 11B

THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO THE BOARD BEFORE IT IS FILED. IN ADDITION, THE AUDIT AND FINANCE COMMITTEE OF THE BOARD VET IT PRIOR TO THE ENTIRE BOARD REVIEW FOR EFFICIENCY AND ACCURACY. THE FINAL VERSION OF THE FORM 990 IS RECOMMENDED BY THE AUDIT COMMITTEE TO THE FULL BOARD FOR APPROVAL. THE BOARD APPROVES AT THE BOARD MEETING.

FORM 990, PART VI, SECTION B, LINE 12C

EACH OFFICER, DIRECTOR OR KEY EMPLOYEE MUST, ON AN ANNUAL BASIS, EXECUTE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AND A QUESTIONNAIRE. IN ADDITION, IT IS EACH OFFICER, DIRECTOR OR KEY EMPLOYEE'S DUTY TO MAKE A FULL AND PROMPT DISCLOSURE OF ALL MATERIAL FACTS REGARDING ANY CONTEMPLATED TRANSACTION OR ACTIVITY THAT COULD CREATE A POTENTIAL CONFLICT OF INTEREST. AN INTERESTED PERSON, INCLUDING THE PARTY MAKING THE CONFLICT OF INTEREST DISCLOSURE, MAY MAKE A PRESENTATION AT THE BOARD OF DIRECTORS OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST.

FORM 990, PART VI, SECTION B, LINE 15A

THE BOARD DETERMINES COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE DECISION MAKING PROCESS INCLUDES COMPARABILITY DATA. THE BOARD LAST REVIEWED THE EXECUTIVE DIRECTOR'S SALARY THIS PAST SUMMER (2018). THE EXECUTIVE DIRECTOR ALONG WITH THE BOARDS' GUIDANCE DECIDES THE DIRECTOR OF FINANCE COMPENSATION WHICH IS ALSO BASED ON COMPARABILITY DATA FROM ORGANIZATIONS OF SIMILAR BUDGET SIZE AND FOCUS AREA. PROCESS IS CONTEMPORANEOUSLY DOCUMENTED.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC.

FORM 990, PART IX, LINE 11G

LANGUAGE INTERPRETATION: PROGRAM SERVICE EXPENSES 28,730. MANAGEMENT AND GENERAL EXPENSES 60. FUNDRAISING EXPENSES 15,870. TOTAL EXPENSES 44,660. DEVELOPMENT/MEDIA: PROGRAM SERVICE EXPENSES 23,680. MANAGEMENT AND GENERAL EXPENSES 357. FUNDRAISING EXPENSES 2,440. TOTAL EXPENSES 26,477. DESIGN: PROGRAM SERVICE EXPENSES 16,636. MANAGEMENT AND GENERAL EXPENSES 251. FUNDRAISING EXPENSES 1,714. TOTAL EXPENSES 18,601. COMPUTER AND TECH CONSULTANT: PROGRAM SERVICE EXPENSES 9,648. MANAGEMENT AND GENERAL EXPENSES 145. FUNDRAISING EXPENSES 994. TOTAL EXPENSES 10,787. STRATEGIC PLANNING: PROGRAM SERVICE EXPENSES 13,952. MANAGEMENT AND GENERAL EXPENSES 210. FUNDRAISING EXPENSES 1,438. TOTAL EXPENSES 15,600. PROGRAM CONSULTANT GENERAL: PROGRAM SERVICE EXPENSES 594,787. MANAGEMENT AND GENERAL EXPENSES 8,969. FUNDRAISING EXPENSES 61,297. TOTAL EXPENSES 665,053. MULTIMEDIA: PROGRAM SERVICE EXPENSES 85,354. MANAGEMENT AND GENERAL EXPENSES 1,287. FUNDRAISING EXPENSES 8,796. TOTAL EXPENSES 95,437. DIASPORA: PROGRAM SERVICE EXPENSES 8,125. MANAGEMENT AND GENERAL EXPENSES 123. FUNDRAISING EXPENSES 837. TOTAL EXPENSES 9,085. FUNDRAISING CONSULTANT: PROGRAM SERVICE EXPENSES 27,489. MANAGEMENT AND GENERAL EXPENSES 415. FUNDRAISING EXPENSES 2,835. TOTAL EXPENSES 30,739.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2017

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