2022-01-17T08:46:49-06:00 2021-06-30 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2020-07-01 205425332 PULSE OUTREACH PULS 6122488080 600 SOUTH 9TH STREET MINNEAPOLIS MN 55404 JOHN W OREN VP OF FINANCE AND OPERATIONS 6122488080 2022-01-11 1 JOHN OREN 999009999 DON LOBERG P01541048 6123764500 2022-01-11 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z JOHN W OREN 600 SOUTH 9TH STREET MINNEAPOLIS MN 55404 6640116 0 X WWW.PULSE.ORG X 2006 ND PULSE EXISTS TO MAKE JESUS KNOWN AND TO EQUIP HIS FOLLOWERS TO DO THE SAME. 7 6 93 284 0 0 12495878 6093146 84386 38529 13580 19199 -96022 -102682 12497822 6048192 49041 11936 0 0 2939986 3258870 0 0 787589 4076681 3594473 7065708 6865279 5432114 -817087 8787756 8058440 565051 652822 8222705 7405618 X PULSE EXISTS TO MAKE JESUS KNOWN AND TO EQUIP HIS FOLLOWERS TO DO THE SAME. 0 1 2642395 11936 53605 PROCLAIM THE GOSPEL: THIS GENERATION NEEDS JESUS AND SO PULSE CONTINUES TO MAKE HIM KNOWN BY PROCLAIMING THE GOSPEL THROUGH IN-PERSON AND ONLINE EVANGELISM OUTREACH CAMPAIGNS AROUND THE WORLD AND BY SETTING THE STAGE FOR NICK HALL TO SHARE THE GOSPEL AND LEAN INTO HIS CALLING AS AN EVANGELIST FOR THE NEXT GENERATION. 1688935 EQUIPPING BELIEVERS: PULSE IS ABLE TO MULTIPLY OUR EFFORTS BY INVESTING IN THE NEXT GENERATION WITH TRAINING AND DISCIPLESHIP THROUGH EFFORTS LIKE OUR PULSE INTERNSHIP PROGRAM AND THE MOVE CLOSER DISCIPLESHIP APP. WE'RE RAISING UP A NEW GENERATION OF LEADERS WHO ARE PASSIONATE ABOUT REACHING THEIR PEERS WITH THE HOPE OF THE GOSPEL. 935873 188180 CATALYZE GOSPEL PARTNERSHIPS: PULSE IS UNIQUELY POSITIONED TO BRING TOGETHER GENERATIONS TO REACH THE LOST. WE BELIEVE IN THE POWER OF PARTNERSHIP AND ARE COMMITTED TO WORKING WITH LOCAL CHURCHES AND MINISTRIES TO MULTIPLY GOSPEL IMPACT BRINGING QUALITY EXPERIENCES TO LIFE IN A DIGITAL AGE AND MOBILIZING PEOPLE TOWARD GOSPEL ACTION. 5267203 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 98 0 1 93 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA DC FL MD MI MN ND NC NY SC TN VA WI WV GA X AMBER LOVELACE 6122488080 600 SOUTH 9TH STREET MINNEAPOLIS MN 55404 NICK HALL PRESIDENT 45.00 X X 154319 0 28750 JUSTIN TENNISON FORMER PRESIDENT 45.00 X X 115894 0 66104 GABRIELA SMITH VICE CHAIR 1.00 X X 0 0 0 LAUREL BUNKER DIRECTOR 1.00 X 0 0 0 DONDI EDWARDS DIRECTOR 1.00 X 0 0 0 KIRK HUMPHREYS DIRECTOR 1.00 X 0 0 0 BEN MELAND DIRECTOR 1.00 X 0 0 0 SUSIE WILSON DIRECTOR 1.00 X 0 0 0 270213 0 94854 2 0 1 0 WATSON FORSBERG 6465 WAYZATA BLVD MINNEAPOLIS MN 55426 MEDIA STUDIO BUILDING/CONSTRUCTION 361179 WESTFALL GROUP PO BOX 81712 ATLANTA GA 30366 FOUNDERS WEEKEND CONSULTING AND EVENT SU 101095 SPENCER SULFLOW 5458 27TH AVE S MINNEAPOLIS MN 55417 VIDEO SHOOTING AND EDITING 100039 3 2567179 439004 3086963 1138946 6093146 HONORARIUM 541900 37000 37000 TICKET AND MERCHANDISE 453000 1529 1529 38529 19199 19199 282106 2567179 591924 -309818 -309818 OTHER INCOME 900099 207136 203256 3880 207136 6048192 241785 0 -286739 11936 11936 539357 222762 316595 2292919 1798687 219797 274435 21790 11319 4882 5589 253345 200287 7581 45477 151459 104924 28295 18240 142716 111041 31675 20094 8538 9368 2188 12977 200 12777 280396 234066 200 46130 658377 658235 142 794150 659310 40341 94499 69536 50653 15225 3658 305281 270445 3149 31687 3816 3517 299 128510 102604 12921 12985 64766 29175 31506 4085 VENUE COSTS 734022 548755 729 184538 SUBSCRIPTIONS 193341 168631 7427 17283 MISCELLANEOUS 150787 72116 63693 14978 BANK CHARGES 35704 2 35702 0 6865279 5267203 810487 787589 5152173 3939967 10968 10969 1389 3955 2806 25530 347421 346811 3974084 242876 3272999 3731208 8787756 8058440 126047 141925 439004 510897 565051 652822 X 7125188 7157279 1097517 248339 8222705 7405618 8787756 8058440 -817087 0 X X 0 1 X 1 0 X 4995591 9500476 8301606 12522895 6102000 41422568 4995591 9500476 8301606 12522895 6102000 41422568 7782747 33639821 3424 7189 12185 17005 19199 59002 20280 13962 6841 3875 207136 252094 41733664 1853389 0.80610 0.90890 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3625268 142804 3482464 208816 100072 108744 140000 140000 3731208 PPP LOAN 510897 510897 X 6057046 8854 8854 6048192 0 6048192 6874133 8854 8854 6865279 0 6865279 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND MINNESOTA STATUTE 290.05. BECAUSE THE ORGANIZATION IS A PUBLIC CHARITY, CONTRIBUTIONS TO IT MAY BE DEDUCTIBLE FOR INCOME TAX PURPOSES. MANAGEMENT BELIEVES THAT IT IS NOT REASONABLY POSSIBLE FOR ANY TAX POSITION BENEFITS TO INCREASE OR DECREASE SIGNIFICANTLY OVER THE NEXT 12 MONTHS. AS OF JUNE 30, 2021 AND 2020, THERE WAS NO INCOME TAX RELATED ACCRUED INTEREST OR PENALTIES RECOGNIZED IN EITHER THE STATEMENTS OF FINANCIAL POSITION OR THE STATEMENTS OF ACTIVITIES. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION, AND IN THE MINNESOTA, NORTH DAKOTA, AND WISCONSIN STATE JURISDICTIONS. NO RETURNS ARE CURRENTLY UNDER EXAMINATION IN ANY TAX JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: IN-KIND GIFTS 8,854. PART XII, LINE 2D - OTHER ADJUSTMENTS: IN-KIND GIFTS 8,854. 1 RUSSIA AND NEIGHBORING STATES 1 1 PROGRAM SERVICES EVENTS 168000 1 1 0 0 1 1 168000 0 168000 0 0 0 0 0 0 PART I, LINE 2: EVENTS PART I, LINE 3: ACCRUAL METHOD PART III ACCOUNTING METHOD: X X X X X X 1 WESTFALL GROUP PO BOX 81712 ATLANTA GA 30366 CONSULT ABOUT FOUNDERS WEEKEND EVENT, PRODUCTION&PRINTING AS 0 2311829 99503 2212326 2311829 99503 2212326 CA CO DC FL GA MD MI MN NY NC ND SC TN VA WV WI FOUNDERS WEEKEND 2276829 2018429 258400 92842 96989 46120 284664 2020 MINNEAPOLIS GALA- VIRTUAL 268728 260478 8250 12457 253 1300 9017 2 303728 288272 15456 10210 6015 12830 19227 2849285 2567179 282106 115509 103257 60250 312908 591924 -309818 0 HOWTOLIFE MOVEMENT PO BOX 121 HARRISON AR 72602 812099391 501(C)(3) 5000 SPONSORSHIP OF HOWTOLIFE MOVEMENT RETREAT ON JUNE 24-28 LIFE ACTION MINISTRIES PO BOX 31 BUCHANAN MI 49107 382157686 501(C)(3) 5000 CONTRIBUTION FOR CDOP SPONSORSHIP GIFT FOR CDOP BROADCAST GIFT FOR NDOP BROADCAST X 1 0 X X X 0 0 0 0 0 0 0 0 0 NICK HALL PRESIDENT 154319 0 0 0 0 0 4927 0 23823 0 183069 0 0 0 JUSTIN TENNISON FORMER PRESIDENT 115894 0 0 0 0 0 4927 0 61177 0 181998 0 0 0 X 2 3000 DONOR VALUATION X 30 1081771 FAIR MARKET VALUE X MEDIA STUDIO EQUIPMENT 1 54175 DONOR VALUATION-LIST 0 0 0 FORM 990, PART III, LINE 3 DUE TO THE COVID-19 PANDEMIC, PULSE PIVOTED QUICKLY FROM HOSTING IN-PERSON EVANGELISTIC EVENTS TO DIGITAL EVANGELISTIC EVENTS TO CONTINUE OUR MISSION OF MAKING JESUS KNOWN. IN LIEU OF IN-PERSON EVENTS ON COLLEGE CAMPUSES, TOURS, AND LARGE STADIUM GATHERINGS FROM SPRING 2020 TO EARLY 2021, PULSE RESPONDED BY BUILDING UP AND LAUNCHING DIGITAL MINISTRY PROGRAMMING. THIS INCLUDED HOSTING GLOBAL LIVESTREAM EVANGELISTIC BROADCASTS THAT ENGAGED MILLIONS OF PEOPLE AROUND THE WORLD THROUGHOUT THE LAST YEAR AND A HALF, SUCH AS THE GOOD FRIDAY 2020 AND 2021 BROADCASTS THAT REACHED 186 COUNTRIES AND OVER 100 MILLION PEOPLE IN EACH YEAR. WHILE WE CONTINUE OUR DIGITAL MINISTRY EFFORTS, PULSE HAS RE-LAUNCHED IN-PERSON EVENTS WITH COVID-19 SAFETY PROTOCOLS IN PLACE, SUCH AS LIMITING SIZE, MASK RECOMMENDATIONS, AND TEMPERATURE CHECKS AT EVENTS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY MANAGEMENT. THE REVIEWED DRAFT OF THE FORM 990 IS SENT TO THE BOARD FOR FINAL REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FIRST MEETING OF EACH CALENDAR YEAR, DIRECTORS RECERTIFY THEIR CONFLICT OF INTEREST STATEMENT (CODE OF CONDUCT) AND REVIEW ANY POTENTIAL CONFLICTS WITH THE FULL BOARD. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. THE DELIBERATION AND DECISION REGARDING CONFLICTS OF INTEREST ARE DISCLOSED IN THE BOARD MINUTES OR AS OTHERWISE APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS AND APPROVES THE COMPENSATION OF THE CEO AND PRESIDENT ANNUALLY AND REVIEWS THE COMPENSATION POLICY FOR ALL STAFF AT THE SAME TIME. COMPARATIVE DATA IS USED TO DETERMINE COMPENSATION. OUR REVIEW PROCESS TAKES THE KEY RESPONSIBILITIES FROM THE JOB DESCRIPTION THEN THE SUPERVISOR AND THE INDIVIDUAL COMPLETE A REVIEW. THE SUPERVISOR THEN CONDUCTS THE PERFORMANCE REVIEW CONVERSATION AND COMPENSATION REVIEW. THE COMPENSATION REVIEW IS BASED ON THE COMPENSATION PHILOSOPHY AND BUDGETARY REALITIES AS DISCUSSED WITH THE BOARD DURING FIRST QUARTER. THE BOARD REVIEWS GUIDELINES NOT SPECIFIC COMPENSATION BEYOND CEO AND PRESIDENT. THIS LAST OCCURED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS OVERSEES AND SELECTS THE INDEPENDENT AUDIT FIRM TO CONDUCT THE ORGANIZATION'S FINANCIAL STATEMENT AUDIT.