2021-05-13T09:09:49-05:00 2020-06-30 582282374 RUSHTON & COMPANY LLC PO BOX 2917 GAINESVILLE GA 30503 990 2019-07-01 275096979 A PAY IT FORWARD SCHOLARSHIP INC APAY 7705390119 615 OAK STREET SUITE F GAINESVILLE GA 30501 CARY SINNETT BOARD CHAIRMAN 7705390119 2021-05-05 true J CHRIS HOLLIFIELD P00939610 7702877800 2021-05-13 2019 2022-09-23 18:48:47Z CARY SINNETT 615 OAK STREET SUITE F GAINESVILLE GA 30501 904516 false X WWW.PAYITFORWARDSCHOLARSHIPS.COM X 2011 GA PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA PRIVATE SCHOOL STUDENTS IN ACCORDANCE WITH GEORGIA HB 283. 3 3 2 0 909644 904516 0 0 0 909644 904516 727606 664657 0 142540 139496 0 87419 50973 46063 921119 850216 -11475 54300 137548 186951 42657 37760 94891 149191 PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA PRIVATE SCHOOL STUDENTS IN ACCORDANCE WITH GEORGIA HB 283. false false 744017 664657 PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA PRIVATE SCHOOL STUDENTS IN ACCORDANCE WITH GEORGIA HB 283. 744017 true false false false false false false false false false true false false false true true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 2 true false false false false false false false false X 3 3 false false false false false false false true true false false true true true true true true true true false GA X X CARY SINNETT 7705390119 615 OAK STREET GAINESVILLE GA 30501 CARY SINNETT BOARD CHAIRM 40.00 X X 111500 0 0 AMBER ANDERSON BOARD MEMBER 1.00 X 0 0 0 JON GOINS BOARD MEMBER 1.00 X 0 0 0 RANDALL POPHAM BOARD MEMBER 1.00 X 0 0 0 111500 1 false false false 904516 904516 904516 664657 664657 111500 22300 11150 78050 18031 28043 2027 -12039 9965 5161 996 3808 709 367 71 271 9161 4745 916 3500 4397 2277 440 1680 6789 3516 679 2594 11419 5914 1142 4363 5718 2961 572 2185 1945 1007 195 743 4431 2295 443 1693 PAYROLL PROCESSING FEES 1494 774 149 571 850216 744017 18780 87419 132063 183412 11768 8229 5485 3539 137548 186951 38000 4996 27387 4657 5377 42657 37760 X 94891 149191 94891 149191 137548 186951 54300 X false true X true false X 962765 740149 781301 909644 904516 4298375 962765 740149 781301 909644 904516 4298375 4298375 962765 740149 781301 909644 904516 4298375 1.00000 1.00000 0.00000 0.00000 X 11768 8229 3539 3539 ACCRUED SALARIES 5377 5377 X 904516 904516 904516 850216 850216 850216 SCHEDULE D, PAGE 3, PART X INCOME TAXES THE INTERNAL REVENUE SERVICE HAS RULED THAT THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS AN OTHER PRIVATE ORGANIZATION. THE ORGANIZATION IS ALSO EXEMPT FROM STATE INCOME TAX. THE ORGANIZATION FOLLOWS THE REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD FASB ASC 740, INCOME TAXES. THE GUIDANCE PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF JUNE 30, 2019, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNTION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BEGAN OPERATIONS IN 2011, WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2017. false SCHOLARSHIPS 632 664657 FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION DISTRIBUTED A COMPLETE COPY OF FORM 990 TO ALL MEMBERS OF ITS GOVERNING BODY PRIOR TO FILING FORM 990 DURING A MEETING OF ITS GOVERNING MEMBERS. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION TAKES AN ANNUAL ATTESTATION OF ITS GOVERNING MEMBERS THAT REQUIRES GOVERNING MEMBERS TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. ANY DISCLOSED CONFLICTS MUST BE APPROVED BY THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 15A IN 2012 THE GOVERNING BODY UNDERWENT A RESEARCH AND EXAMINATION PROCESS TO DETERMINE AN APPROPRIATE COMPENSATION MODEL FOR AN EXECUTIVE DIRECTOR POSITION. THIS PROCESS WAS REVIEWED AND APPROVED BY AN INDEPENDENT GROUP WITH EXPERTISE IN NON-PROFIT COMPENSATION, WHICH INCLUDED COMPARABLITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. IN 2013 THE GOVERNING BODY REVIEWED THIS INFORMATION TO CONFIRM ITS VALIDITY OVER TIME. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION FOR ALL EMPLOYEES IS REVIEWED BY THE BOARD OF DIRECTORS, AND IS COMPARABLE TO OR LESS THAN INDUSTRY STANDARDS FORM 990, PAGE 6, PART VI, LINE 18 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC DURING THE TAX YEAR ON DEMAND, VIA OUR WEBSITE AND VIA ELECTRONIC MEDIA. FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST