SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION |
BRIDGING FOR TOMORROW 5351 W. RICHEY ROAD HOUSTON, TX 77066 EMPLOYER IDENTIFICATION NUMBER: 46-1065368 FOR THE YEAR ENDING DECEMBER 31, 2019 BRIDGING FOR TOMORROW IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F). |
FORM 990, PART IV, LINE 34 |
CERTAIN MEMBERS OF THE ORGANIZATION'S BOARD ARE BOARD MEMBERS OR EMPLOYEES FROM FAITHBRIDGE CHURCH. THE CHURCH PROVIDES FINANCIAL SUPPORT TO THE ORGANIZATION IN THE FORM OF CONTRIBUTIONS TO PAY FOR OPERATIONS AND PROGRAMS OF THE ORGANIZATION. IN ADDITION, THE CHURCH PROVIDES FOR AND PAYS THE SALARIES, WAGES, AND BENEFITS OF THE EMPLOYEES WORKING AT THE ORGANIZATION. THE CHURCH PAID $65,037 IN CASH CONTRIBUTIONS TO THE ORGANIZATION AND INCURRED $503,241 IN SALARIES, WAGES, AND BENEFITS EXPENSE FOR THE ORGANIZATION (RECORDED AS IN-KIND REVENUE AND EXPENSE) FOR THE YEAR ENDED DECEMBER 31, 2019. THE CHURCH PAID $44,709 IN CASH CONTRIBUTIONS TO THE ORGANIZATION AND INCURRED $444,174 IN SALARIES, WAGES, AND BENEFITS EXPENSE FOR THE ORGANIZATION (RECORDED AS IN-KIND REVENUE AND EXPENSE) FOR THE YEAR ENDED DECEMBER 31, 2018. |
FORM 990, PART VI, SECTION A, LINE 2 |
TOM HARGROVE, PRESIDENT AND BRIAN MCGOWAN, TREASURER HAVE A BUSINESS RELATION. |
FORM 990, PART VI, SECTION B, LINE 11B |
THE FORM 990 IS SUBMITTED TO THE EXECUTIVE DIRECTOR FOR REVIEW. ALL QUESTIONS REGARDING THE FORM 990 ARE PRESENTED TO THE CPA FIRM. ONCE RESPONSES ARE RECEIVED AND THE EXECUTIVE DIRECTOR APPROVES, THE SIGNED RETURN IS SENT TO THE CPA FIRM FOR FILING. |
FORM 990, PART VI, SECTION B, LINE 12C |
THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF DIRECTORS. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. |
FORM 990, PART VI, SECTION B, LINE 15 |
CERTAIN MEMBERS OF THE ORGANIZATION'S BOARD ARE EMPLOYEES FROM FAITHBRIDGE CHURCH. FAITHBRIDGE CHURCH PAYS THE SALARIES, WAGES AND BENEFITS IN THE FORM OF IN-KIND DONATIONS. THE PROCESS FOR DETERMINING THE COMPENSATION IS DONE THROUGH FAITHBRIDGE HR DEPARTMENT WHERE THEY DETERMINE A STANDARD RANGE FOR THE POSITION. THE COMPENSATION IS APPROVED BY BOARD MEMBER AND THE BRIDGING PASTOR, DAN SLAGLE. BOARD APPROVAL MAY BE REQUIRED DEPENDING ON THE POSITION. |
FORM 990, PART VI, SECTION C, LINE 19 |
UPON REQUEST |