2023-04-12T10:20:30-05:00 2022-06-30 363990892 Capin Crouse LLP 1255 Lakes Parkway Suite 105 Lawrenceville GA 30043 990 2021-07-01 752470543 Project MedSend PROJ 2038918223 1838 Gold Hill Road Fort Mill SC 297086919 Richard C Allen CEO/President 2038918223 2023-04-12 1 Richard Allen 999009999 Sara Tibbott P01486965 5055022746 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z Richard C Allen 1838 Gold Hill Road Fort Mill SC 297086919 3071621 0 X www.medsend.org X 1992 TX MedSend provides educational loan repayment grants to Christian healthcare professionals. 12 12 18 17 0 0 3087342 2995749 0 16474 681 1957 1100 -33337 3089123 2980843 1767211 1630949 0 0 970179 967652 0 37500 590897 325074 501563 3062464 3137664 26659 -156821 4029393 3765912 48133 67645 3981260 3698267 In partnership with key Christian ministries, our mission is to strategically fund qualified healthcare professionals to serve the physical and spiritual needs of people around the world. 0 0 1279485 918449 16474 MedSend to the World - To repay the educational loans of health care workers as they serve at home (USA) and abroad. 798522 712500 National Scholars - To pay for the educational expenses incurred by approved grant recipients related to medical residency programs conducted by MedSend international associates. 139100 Longevity Program - To increase the average length of service of the MedSend grant recipient missionary by focusing on resilience and sustainability, seeking to improve their professional, personal, and spiritual wellbeing. 2217107 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 1 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 159 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AR CO FL GA KS KY MA MD ME MI MN MS NC ND NH NJ NM NY NV OH OK OR PA RI SC TN UT VA WA WI WV HI X X Richard C Allen 2038918223 1838 Gold Hill Road Fort Mill SC 297086919 Douglas A Drevets MD Chairman/Director 4.00 X X 0 0 0 Douglas Christgau Vice Chairman/Director (part year) 2.00 X X 0 0 0 Shane Higby Treasurer/Director 4.00 X X 0 0 0 Robin Nichols Treasurer/Director (part year) 2.00 X X 0 0 0 Chris Walker Secretary/Director 4.00 X X 0 0 0 Janet Kim MD Secretary/Director (part year) 2.00 X X 0 0 0 Kenneth Dormer PhD Director 4.00 X 0 0 0 David Chestnut Director (part year) 2.00 X 0 0 0 Erin Goeldner Director 4.00 X 0 0 0 Janet Crow MD Director 4.00 X 0 0 0 Scott Reichenbach Director (part year) 2.00 X 0 0 0 Dr Eric Miller Director 2.00 X 0 0 0 Michael Rousseaux Director 2.00 X 0 0 0 Kenneth Gross Director 2.00 X 0 0 0 Michael Johnson Director 2.00 X 0 0 0 Dr John Nwangwu Director 2.00 X 0 0 0 Dr Yong Lie Lee Director 2.00 X 0 0 0 Richard Allen President/CEO 40.00 X 128802 0 22035 Morgan Boardman Chief Development Officer 40.00 X 101777 0 27516 John Simontacchi Senior VP of Development 40.00 X 102886 0 9807 333465 0 59358 3 0 1 0 0 284451 2711298 51528 2995749 Participation Fees 900099 10000 10000 Registration Fees 900099 6474 6474 16474 1957 1957 40441 40441 0 0 17000 284451 50337 -33337 -33337 2980843 16474 0 -31380 918449 918449 712500 712500 150745 52761 23516 74468 642661 224931 100255 317475 43108 15088 6725 21295 70001 24500 10920 34581 61137 19564 10393 31180 11063 1770 5642 3651 19894 3183 10146 6565 37500 37500 78 78 116470 80834 35636 35383 18056 6503 10824 40277 15305 12486 12486 17516 14012 1752 1752 116863 86518 18207 12138 4677 1871 1964 842 Bad Debt Expense 57460 57460 Publications/Printing 20054 4012 2085 13957 Education Expense 19408 19408 42420 4345 25892 12183 3137664 2217107 329660 590897 870970 93266 1392157 1978908 1022388 1060419 0 23615 22159 1381 1456 27444 631863 715053 4029393 3765912 45786 67645 2347 48133 67645 X 2563555 3333435 1417705 364832 3981260 3698267 4029393 3765912 -156821 -126172 0 X 0 1 X 1 0 X 2824702 2824364 4777474 3087342 2995749 16509631 2824702 2824364 4777474 3087342 2995749 16509631 1804088 14705543 22841 12991 8694 681 1957 47164 10180 529 276 1100 12085 16568880 16474 0.88750 0.71120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23615 22159 1456 1456 2904930 -126172 50337 -75835 2980765 78 78 2980843 3187923 50337 50337 3137586 78 78 3137664 Part XI, Line 2d - Other Adjustments: Special fundraising events expense included on Part VIII, Line 8b 50,337. Part XII, Line 2d - Other Adjustments: Special fundraising events expense included on Part VIII, Line 8b 50,337. 1 Sub-Saharan Africa 0 0 Grants to Recipients Located in Region 675000 East Asia and the Pacific 0 0 Grants to Recipients Located in Region 30000 Middle East and North Africa 0 0 Program Services Visit National Scholar Training Hospitals/Potential Training Hospitals 14911 Middle East and North Africa 0 0 Grants to Recipients Located in Region 7500 Sub-Saharan Africa 0 0 Program Services Visit National Scholar Training Hospitals/Potential Training Hospitals 1698 East Asia and the Pacific 0 0 Program Services MedRefresh Retreat in connection with the Longevity Project 1529 0 0 0 0 0 0 730638 0 730638 National Scholar Grant Sub-Saharan Africa 172 675000 National Scholar Grant East Asia and the Pacific 7 30000 National Scholar Grant Middle East and North Africa 2 7500 0 0 0 0 0 0 Part I, Line 2: MedSend sends National Scholar funds to the International Associates, which are US-based 501(c)(3) organizations. The VP of Grant Management ("VP") confirms the quarterly commitment with the CEO and MedSend Accountant ("Accountant"). The VP prepares a list of National Scholars that are being funded for the quarter, noting and removing National Scholars who have graduated or are no longer in the program and emails the list of names and amounts to be distributed on their behalf to the designated program coordinator for confirmation that the information is correct. Once the information is confirmed, the MedSend accountant prepares an ACH payment and payments are made electronically. An email is sent to the designated accountant and program coordinators in the US and overseas. The CEO, Accountant and Jim Ritchie are copied on the document. The document asks for a signature acknowledging that the funds have been received and for the signed acknowledgement to be emailed to the VP. The designated International Associate accounting person signs the document acknowledging receipt of the funds and emails the document back to the VP. The acknowledgement is uploaded to Salesforce. Part I, line 3: Expenditures are accounted for using the accrual basis of accounting. Part III Accounting Method: X X X X X 1 Bob Carter Companies LLC 2145 14th Ave Ste 26 Vero Beach FL 32960 Planning study and consulting 0 0 37500 -37500 37500 -37500 SC Ben Carson Naples, FL Event 301451 284451 17000 11541 3075 25000 10721 301451 284451 17000 11541 3075 25000 10721 50337 -33337 Schedule G, Part I, Line 2b, Column (v) The professional fundraising services were consulting in nature, no gross receipts were directly generated from the services provided. 1 Grant Recipient Program 128 918449 Part I, Line 2: The MedSend Accountant ("Accountant") runs a disbursement report in Salesforce prior to the two monthly check runs. The Accountant compares this report with her spreadsheet of changes that occurred during the month and notifies the VP of Grant Management ("VP") of any changes by creating a Payment of Grant Report (POG) that gets emailed to the CEO, the VP and appropriate office administration staff. The VP updates Salesforce with the payment changes and with changes to grant recipients status. Grant recipients are responsible for notifying the VP if they come off the field so that grant payments can be terminated, and future loan payments can be transferred back to the grant recipient. The Grant Manager hears from the grant recipients via email, Annual Reports and through Newsletters. X X 0 0 0 0 0 0 0 0 0 Richard Allen President/CEO 128802 0 0 0 0 0 10469 0 12235 0 151506 0 0 0 X 9 51528 Ending Market Value 0 0 1 0 Part I, Column (b): The number of contributions represent the number of contributions received, not the number of items donated. Form 990, Part VI, Section A, line 1a The Executive Committee shall be comprised of the Chair, Vice Chair, the Treasurer, and the Secretary of the board. The CEO shall be a non-voting ex-officio member of the Executive Committee. The Executive Committee shall have the general authority to act for the organization in all matters not reserved specifically for the board, particularly those which must be acted upon prior to the next board meeting or those requiring emergency action. The Executive Committee may not execute final approval of any amendment to the Articles of Incorporation, amendment to the Bylaws, or the annual budget. All actions of the Executive Committee shall be in accord with the policies and directives of the board. The Executive Committee must report to the board any action it takes within 30 days of a decision. The Executive Committee is not authorized to make decisions with respect to the following matters: - Dissolving the corporation - Hiring or firing the chief executive - Entering into major contracts or suing another entity - Making significant changes to a board-approved budget - Adopting or eliminating major programs - Buying or selling property - Amending the Bylaws - Changing any policies the board determines must be changed only by the board Form 990, Part VI, Section A, line 2 Douglas Christgau and Shane Higby have a family relationship. Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the organization's CEO/President, Treasurer/Chairman of the Audit Committee, and Chairman of the Board. The reviewed Form 990 is then provided to the board of directors prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The organization requires all officers and board members to annually complete and sign a conflict of interest questionnaire. The board chair is responsible for reviewing the signed statements and ensuring that interested persons are in compliance with the conflict of interest policy. 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 15a The President/CEO's compensation is reviewed and approved by the independent members of the board of directors utilizing comparability data. The board executive committee meets as part of the compensation committee to review the President/CEO's compensation and this process is documented in the executive committee minutes. Form 990, Part VI, Section B, Line 15b: The organization does not compensate any other officers or key employees. Therefore, this line was answered no in accordance with the instructions. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available upon request.