2019-11-13T17:24:56-06:00 2018-12-31 363990892 Capin Crouse LLP 1000 Texan Trail STE 125 Grapevine TX 76051 990 2018-01-01 262450109 The Preemptive Love Coalition PREE 2544002033 1300 Darbyton Dr Hewitt TX 76643 Justin Blount Secretary 2544002033 2019-11-13 1 Ted R Batson Jr P00721951 8173286510 139.146.132.42 2019-11-13 18:24:50 ES P AB612868BE4BD6EC5EDB2DC7033DD9252FA50016 8B804A9109EE32DB17EA0FDB07706A73B158E0F2 2018 2020-03-31 21:24:44Z Jeremy Courtney 1300 Darbyton Dr Hewitt TX 76643 10272251 0 X www.preemptivelove.org X 2008 TX Emergency aid, small business grants, and medical care for those trapped in conflict. 5 4 47 41 0 0 11073276 9450116 0 0 20900 156631 432729 337167 11526905 9943914 6268704 5889149 0 0 1610362 2317063 0 0 904762 1181988 1652261 9061054 9858473 2465851 85441 12042796 11898032 133868 171371 11908928 11726661 The Organization is a global community of peacemakers providing emergency relief to families trapped on the front lines of conflict, jobs and small business grants to help those displaced by war to rebuild their lives, lifesaving medical care, and education. 0 0 5719570 5424133 321507 Relief: To stop the spread of war by responding fast on the frontlines. We provide food to help families survive, shelter to remake home, and medicine to mend the wounds of war. 1808212 465017 Jobs: Reduce the risk of recruitment into violence by increasing income. We provide capital to start new businesses, coaching to help business thrive, and connection to access the global marketplace. 318119 Community: Change the ideas that lead to war through relationship and education. We provide content to educate peacemakers, coaching to activate peacemakers, and cooperation to create diverse communities. 7845901 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 1 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 11 0 1 47 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR CA CO CT DC FL GA HI IL KY KS LA MA MD ME MI MN MO MS NC ND NH NJ NM NV NY OH OK OR PA RI SC TN UT VA WA WI WV X X Yemisi Adetunji 2544002033 1300 Darbyton Dr Hewitt TX 76643 Jeremy Courtney President 60.00 X X 165000 0 0 Preston Fischer Chairman 1.00 X X 0 0 0 David Statham Director 1.00 X 0 0 0 Michelle Fisher Director 1.00 X 0 0 0 Peter Flowers Director 1.00 X 0 0 0 Justin Blount Secretary 1.00 X 0 0 0 Jonathan Esser Part Year VP, Finance & HR 50.00 X 42368 0 0 Yemisi Adetunji Part Year VP, Finance & HR 50.00 X 43295 0 0 Michael Matheny Director of Digital 50.00 X 132000 0 0 John Pershall VP Operations 50.00 X 119387 0 0 Jessica Courtney VP International Programming 60.00 X 106309 0 8654 608359 0 8654 4 0 1 0 0 9450116 1875 9450116 156631 156631 649844 328337 321507 321507 15660 15660 15660 9943914 321507 0 172291 27000 27000 5862149 5862149 250663 126265 90820 33578 114963 57910 41653 15400 1786287 871433 416487 498367 15923 19218 -3136 -159 149227 73080 38088 38059 4285 4285 32659 32659 20066 20066 296494 64967 104943 126584 227133 91359 30994 104780 64041 56589 5596 1856 240114 152173 38207 49734 124355 88721 35634 279186 174751 75401 29034 27454 27454 29524 14458 7537 7529 Bank and merchant fees 167915 167915 Bad debt expense 126871 126871 Business registration 6038 6038 Professional fees/dues 5551 605 4946 575 575 9858473 7845901 1107810 904762 X 2229695 2287374 57057 269714 20000 70273 196307 85600 117097 161694 47309 36445 114385 9294012 9162869 12042796 11898032 133868 131371 40000 133868 171371 X 11758928 11643769 150000 82892 11908928 11726661 12042796 11898032 85441 -267708 0 X X 0 1 X 1 0 X 1568532 2540450 9752814 11073276 9450116 34385188 1568532 2540450 9752814 11073276 9450116 34385188 34385188 39423 87037 97254 20900 156631 401245 64292 36974 15660 116926 34903359 1803199 0.98520 0.98720 X Schedule A, Part II, Line 10, Explanation of Other Income: Other - 2016 Amount: $ 64,292. 2017 Amount: $ 36,974. 2018 Amount: $ 15,660. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19787 3298 16489 68007 10550 57457 73900 33461 40439 114385 9984477 -267708 328337 60629 9923848 20066 20066 9943914 10166744 328337 328337 9838407 20066 20066 9858473 Part XI, Line 2d - Other Adjustments: Cost of Goods Sold 328,337. Part XII, Line 2d - Other Adjustments: Cost of Goods Sold 328,337. 1 Middle East and North Africa 0 0 Grants to Recipients Located in Region 5862149 Middle East and North Africa 1 8 Program Services Empowerment (occupancy and salary expenses) 110860 1 8 0 0 1 8 5973009 0 5973009 Middle East and North Africa Programs: Empowerment & Relief 2407475 Wire transfer Middle East and North Africa Programs: Relief 89625 Wire transfer Middle East and North Africa Programs: Relief 250000 Check/Wire transfer Middle East and North Africa Programs: Relief 2357999 Wire transfer 4 0 Relief for displaced individuals Middle East and North Africa 73086 450620 Food packs were distributed FMV Empowerment - training and small business development Middle East and North Africa 48 56851 Chickens, sheep, mushroom farm, yarn, training materials, and phone cards FMV Relief for displaced individuals Middle East and North Africa 3300 57250 School and clinic refurbishment FMV Empowerment - training Middle East and North Africa 910 192328 IT training FMV 0 0 0 0 0 1 Part I, Line 2: All grant requests received from other organizations are evaluated, reviewed, and approved by program staff and senior management before funds are disbursed. Once funds have been disbursed, PLC monitors the work performed by grantee organizations and requires a full accounting of the funds by those organizations. In addition, PLC often partners directly with grantee organizations in the delivery of aid and empowerment on the ground. Part I, line 3: The organization tracked expenditures in accordance with accrual basis of accounting. 1 Heritage Park Baptist Church 2732 FM 528 Rd Webster TX 77598 760074130 501(c)(3) 12000 Hurricane Harvey relief Wrecktified 1141 Court St Clearwater FL 33756 813715656 15000 Hurricane Harvey relief 1 1 Part I, Line 2: All grant requests received from other organizations are evaluated, reviewed, and approved by program staff and senior management before funds are disbursed. Once funds have been disbursed, PLC monitors the work performed by grantee organizations and requires a full accounting of the funds by those organizations. In addition, PLC often partners directly with grantee organizations in the delivery of aid and empowerment on the ground. 0 0 0 0 0 0 0 0 0 Jeremy Courtney President 165000 0 0 0 0 0 0 0 0 0 165000 0 0 0 Jeremy Courtney President Working capital for Iraq office X 40000 40000 0 1 1 40000 Jessica Courtney Family member of President 114963 Employee compensation 0 Form 990, Part VI, Section B, line 11b Form 990 is prepared by an independent CPA firm and reviewed in detail by the VP of Finance. 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 VP of Finance is responsible for reviewing the signed conflict of interest 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 15 Compensation for the President is determined by the independent members of the Board of Directors. The Board uses comparability data such as various salary surveys in their analysis. The compensation process is documented in the board minutes. Form 990, Part VI, Line 15b: The President, in consultation with the Board of Directors, determines compensation for the VP of Finance and HR using comparability data. The process is documented in the board minutes and HR files. Form 990, Part VI, Section C, line 19 The organization's financial statements are available on their website. The organization's governing documents and conflict of interest policy are available to the public upon request. Form 990, Part X, Lines 27-29: In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its audited financial statements for the period ended 12/31/2018. To date, Form 990 and its associated schedules have not been updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the audited financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $11,643,769 Line 29 - Net assets with donor restrictions 82,892 Total net assets $11,726,661 Form 990, Part XII, ine 2c The organization's Board assumes responsibility for oversight of the review of its financial statements and selection of its independent accountant. This process has not changed since the prior year.