100 FOLD: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
100 FOLD (EIN 92-3797441)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-10-30
IRS object ID
202433049349300428
Schema version
2023v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2024-10-30T10:59:34-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN810696595PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DEMOSS ACCT & BOOKKEEPING SVCS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12101 CHESTNUT STREET 101BAddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37408ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN923797441EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1100 FOLDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name Control100FBusinessNameControlTxt
Phone5123274171PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110412 CHINA SPRING PMB 1008 STE FAddressLine1Txt
CityWACOCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76708ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBEN PEAYSPersonNm
Person TitleCHIEF OPERATING OFFICERPersonTitleTxt
Phone5123274171PhoneNum
Signature2024-10-30SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd
Form8822 B AttachedYes (X)Form8822BAttachedInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonARDEN Z OGLESBYPreparerPersonNm
PTINP01058634PTIN
Phone4235519700PhoneNum
Preparation2024-10-30PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-10-15 13:58:12ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Initial ReturnYes (X)InitialReturnInd
Principal OfficerBEN PEAYSPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11803 YAUPON VALLEY ROADAddressLine1Txt
CityWEST LAKE HILLSCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78746ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$725,000GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.100FOLDGIVING.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2023FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or Mission100 FOLD PLANS ON CONSULTING AND EDUCATING INDIVIDUALS AND BUSINESS ON WISE STEWARDSHIP AND FAITHFUL GIVING. THIS ACTIVITY WILL BE CONDUCTED REMOTELY AS WELL AS IN PERSON DEPENDENT UPON NECESSITY.ActivityOrMissionDesc
Voting Members Governing Body4VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
CY Contributions Grants$725,000CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$725,000CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$378,901CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$38,689CYTotalFundraisingExpenseAmt
CY Other Expenses$160,616CYOtherExpensesAmt
CY Total Expenses$539,517CYTotalExpensesAmt
CY Revenues Less Expenses$185,483CYRevenuesLessExpensesAmt
Total Assets EOY$185,483TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$185,483NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Mission100 FOLD PLANS ON CONSULTING AND EDUCATING INDIVIDUALS AND BUSINESS ON WISE STEWARDSHIP AND FAITHFUL GIVING. THIS ACTIVITY WILL BE CONDUCTED REMOTELY AS WELL AS IN PERSON DEPENDENT UPON NECESSITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$368,343ExpenseAmt
Desc* DIRECT IMPACT: THROUGH ITS MANAGED FUNDS, 100FOLD PROVIDED SUPPORT TO VARIOUS INITIATIVES, INCLUDING CHURCH PLANTING EFFORTS AND GREAT COMMISSION EFFORTS, BENEFITING INDIVIDUALS DIRECTLY.* DONOR ENGAGEMENT: IN ITS FIRST YEAR, 100FOLD PARTNERED WITH HIGH-NET-WORTH FAMILIES, HELPING THEM SCALE THEIR GIVING THROUGH BLENDED STRATEGIES AND HANDS-ON MANAGEMENT.* COMMUNITY OUTREACH: COLLABORATING WITH FAITH-BASED NETWORKS, THE ORGANIZATION INDIRECTLY REACHED A NUMBER OF INDIVIDUALS AND COMMUNITIES, EXPANDING THE REACH OF ITS MISSION.CONCLUSIONIN 2023, 100FOLD LAID THE FOUNDATION FOR TRANSFORMING PHILANTHROPY BY COMBINING INNOVATIVE FUND STRATEGIES WITH A COLLABORATIVE, RESULTS-ORIENTED APPROACH. BY FOCUSING ON MEASURABLE OUTCOMES, STORYTELLING, AND STRATEGIC PARTNERSHIPS, THE ORGANIZATION IS POSITIONED TO DELIVER EVEN GREATER IMPACT IN THE YEARS AHEAD, EMPOWERING DONORS TO MAKE A LASTING DIFFERENCE FOR KINGDOM WORK.Desc
Total Program Service Expenses$368,343TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members4GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTXStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DEMOSS ACCT & BOOKKEEPING SVCS PLLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4235519700PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12101 CHESTNUT STREET SUITE 101BAddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37408ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
DARYL HEALD
EXECUTIVE DIRECTOR40.00Yes (X)$107,500$0$14,220
JEFFREY LATTURE
BOARD CHAIR0.77Yes (X)$0$0$0
ROY JONES
BOARD SECRETARY/TREASURER0.77Yes (X)$0$0$0
MICHAEL RADLER
BOARD MEMBER0.77$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$107,500TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$14,220TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$725,000AllOtherContributionsAmt
Total Contributions$725,000TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$725,000TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$107,500TotalAmt
Program Services$75,250ProgramServicesAmt
Management And General$21,500ManagementAndGeneralAmt
Fundraising$10,750FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$207,388TotalAmt
Program Services$145,171ProgramServicesAmt
Management And General$41,477ManagementAndGeneralAmt
Fundraising$20,740FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$42,486TotalAmt
Program Services$29,741ProgramServicesAmt
Management And General$8,497ManagementAndGeneralAmt
Fundraising$4,248FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$21,527TotalAmt
Program Services$15,069ProgramServicesAmt
Management And General$4,305ManagementAndGeneralAmt
Fundraising$2,153FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$67,463TotalAmt
Program Services$26,979ProgramServicesAmt
Management And General$40,484ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$2,124TotalAmt
Management And General$2,124ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,172TotalAmt
Program Services$5,586ProgramServicesAmt
Management And General$1,788ManagementAndGeneralAmt
Fundraising$798FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,050TotalAmt
Program Services$8,050ProgramServicesAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,845TotalAmt
Management And General$8,845ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$64,295TotalAmt
Program Services$62,497ProgramServicesAmt
Management And General$1,798ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,652TotalAmt
Management And General$1,652ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBANK FEESDesc
Total$15TotalAmt
Management And General$15ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$539,517TotalAmt
Program Services$368,343ProgramServicesAmt
Management And General$132,485ManagementAndGeneralAmt
Fundraising$38,689FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$185,483EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$185,483EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$185,483EOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$185,483EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$185,483EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$185,483ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year$750,000CurrentTaxYearAmt
Total$750,000TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year$750,000CurrentTaxYearAmt
Total$750,000TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$750,000PublicSupportTotal170Amt
Total Support$750,000TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDARYL HEALDPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$107,500BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs$0CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization$0BonusFilingOrganizationAmount
Bonus Related Organizations$0BonusRelatedOrganizationsAmt
Other Compensation Filing Org$0OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs$0OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org$0DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs$0DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org$14,220NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs$0NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org$121,720TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs$0TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org$0CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs$0CompReportPrior990RltdOrgsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 8BTHE BOARD IS NOT LARGE ENOUGH FOR THE USE OF COMMITTEES.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 WILL BE MADE AVAILABLE TO THE ORGANIZATION PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CI. PURPOSE THE PURPOSE OF THIS CONFLICT OF INTEREST POLICY IS TO PROTECT THE INTERESTS OF 100FOLD WHEN ENTERING INTO ANY ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTERESTS OF AN INDIVIDUAL INVOLVED WITH THE ORGANIZATION. THIS POLICY IS INTENDED TO ENSURE 100FOLD OPERATES TRANSPARENTLY, ETHICALLY, AND IN COMPLIANCE WITH APPLICABLE LAWS. II. DEFINITION OF CONFLICT OF INTEREST A CONFLICT OF INTEREST ARISES WHEN A PERSON IN A POSITION OF AUTHORITY AT 100FOLD, SUCH AS A DIRECTOR, OFFICER, OR EMPLOYEE, HAS A PERSONAL, FINANCIAL, OR OTHER INTEREST THAT MAY AFFECT THEIR ABILITY TO ACT IN THE BEST INTEREST OF THE ORGANIZATION. III. DUTY TO DISCLOSE A. ANY INDIVIDUAL WITH A POTENTIAL CONFLICT OF INTEREST MUST DISCLOSE THE NATURE OF THE CONFLICT TO THE BOARD OF DIRECTORS. B. THE DISCLOSURE MUST BE MADE PROMPTLY AND IN WRITING TO THE BOARD OR A DESIGNATED COMPLIANCE OFFICER. IV. PROCEDURES FOR ADDRESSING A CONFLICT OF INTEREST A. THE INDIVIDUAL WITH THE CONFLICT SHALL NOT PARTICIPATE IN OR BE PRESENT DURING DISCUSSIONS OR DECISIONS REGARDING THE MATTER. B. THE BOARD OF DIRECTORS WILL DETERMINE IF A CONFLICT OF INTEREST EXISTS AND, IF SO, WHAT ACTION IS NECESSARY TO ADDRESS IT. C. IF A CONFLICT IS IDENTIFIED, ALTERNATIVE ARRANGEMENTS WILL BE PURSUED TO AVOID THE APPEARANCE OF IMPROPER INFLUENCE. V. RECORDS OF PROCEEDINGS A. THE MINUTES OF THE BOARD MEETING SHALL DOCUMENT: A. THE NATURE OF THE CONFLICT DISCLOSED. B. THE DISCUSSION AND DECISION-MAKING PROCESS, INCLUDING ANY ALTERNATIVES CONSIDERED. C. THE FINAL DETERMINATION AND ACTIONS TAKEN TO ADDRESS THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15IN DETERMINING THE COMPENSATION FOR THE EXECUTIVE DIRECTOR, 100FOLD FOLLOWED A STRUCTURED AND OBJECTIVE PROCESS TO ENSURE ALIGNMENT WITH FAIR MARKET PRACTICES AND COMPLIANCE WITH IRS GUIDELINES. OUR METHODOLOGY INCLUDED: 1. COMPARABLE MARKET DATA - WE COLLECTED AND ANALYZED COMPENSATION DATA FROM SIMILAR NONPROFIT ORGANIZATIONS OF COMPARABLE SIZE, MISSION, AND GEOGRAPHIC LOCATION. - SOURCES INCLUDED NONPROFIT SALARY SURVEYS, PUBLICLY AVAILABLE FORM 990S OF PEER ORGANIZATIONS, AND INDUSTRY BENCHMARKS. 2. COMPENSATION COMMITTEE REVIEW - A COMPENSATION COMMITTEE, INDEPENDENT FROM THE EXECUTIVE DIRECTOR, REVIEWED THE DATA TO ENSURE ACCURACY AND RELEVANCE. - THE COMMITTEE ALSO TOOK INTO CONSIDERATION THE EXECUTIVE DIRECTOR'S QUALIFICATIONS, RESPONSIBILITIES, AND EXPERIENCE. 3. PERFORMANCE AND ORGANIZATION SIZE - THE EXECUTIVE DIRECTOR'S COMPENSATION WAS SET TO REFLECT THE SCOPE OF RESPONSIBILITIES, ORGANIZATIONAL GOALS, AND PERFORMANCE EXPECTATIONS. - CONSIDERATION WAS GIVEN TO 100FOLD'S INITIAL YEAR OBJECTIVES AND GROWTH TRAJECTORY, RECOGNIZING THE STRATEGIC LEADERSHIP REQUIRED TO LAUNCH AND SCALE OPERATIONS. 4. BOARD APPROVAL - THE COMPENSATION PACKAGE WAS FORMALLY APPROVED BY THE BOARD OF DIRECTORS TO ENSURE TRANSPARENCY AND COMPLIANCE WITH GOVERNANCE STANDARDS. - ANY BOARD MEMBERS WITH CONFLICTS OF INTEREST WERE EXCLUDED FROM THE DECISION-MAKING PROCESS. THIS APPROACH ENSURED THAT THE EXECUTIVE DIRECTOR'S COMPENSATION IS BOTH COMPETITIVE AND ALIGNED WITH 100FOLD'S MISSION, WHILE REMAINING IN COMPLIANCE WITH IRS STANDARDS FOR REASONABLE EXECUTIVE COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19THE DOCUMENTS ARE AVAILABLE FOR PUBLIC INSPECTION WHEN REQUESTED FROM THE CHIEF OPERATING OFFICER OR OTHER BOARD MEMBERS.
FORM 990, PART IX, LINE 11GPAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 5,586. MANAGEMENT AND GENERAL EXPENSES 1,788. FUNDRAISING EXPENSES 798. TOTAL EXPENSES 8,172.

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