2018-11-14T17:02:24-06:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 301 N LAKE AVE SUITE 900 PASADENA CA 91101 990 2017-01-01 272053273 HOPE OF THE VALLEY RESCUE MISSION HOPE 8184059606 11076 NORRIS STREET SECOND FLOOR PACOIMA CA 91331 KEN CRAFT PRESIDENT/CEO 8183920020 2018-11-13 1 BARED DILACAR P00157338 6267933600 2018-11-12 67.137.57.251 2018-11-13 09:33:26 PS P 92EDA96F2591B15C33D80D338693BB85F692AD13 FC22DA715B55187DFB022ABBE867634B2E01E370 2017 2019-02-21 02:37:17Z X KEN CRAFT 11076 NORRIS STREET SECOND FLOOR PACOIMA CA 91331 5409501 0 X WWW.HOPEOFTHEVALLEY.ORG X 2009 CA TO ATTRACT PEOPLE/RESOURCES TO ASSIST THE NEEDS OF EVERY HUNGRY HOMELESS PERSON IN THE VALLEY. X 20 17 140 2950 0 0 2926210 2516805 2439952 2823678 0 0 2235 -31265 5368397 5309218 0 0 0 0 2261686 2126284 188628 308744 599242 2661805 2546347 5112119 4981375 256278 327843 6198815 2318632 4776485 1885584 1422330 433048 X ATTRACT PEOPLE AND RESOURCES TO ASSIST IN THE EFFORT OF MEETING THE NEEDS OF EVERY HUNGRY AND HOMELESS MAN, WOMAN AND CHILD IN THE VALLEY. THROUGH STRATEGIC PARTNERSHIPS AND SERVICES, WE EMPOWER OUR CLIENTS WITH THE FAITH, KNOWLEDGE, RESOURCES AND SKILLS TO LEAD A LIFE OF WHOLENESS AND SELF-SUFFICIENCY.AS A FAITH-BASED COMPASSION MINISTRY, WE FOCUS ON THE SPIRITUAL, EMOTIONAL, PHYSICAL, RELATIONAL, OCCUPATIONAL AND FINANCIAL NEEDS OF OUR CLIENTS. OUR LEADERSHIP SEEKS TO OPERATE IN AND PROMOTE AN ATMOSPHERE THAT IS ENTREPRENEURIAL, STRATEGIC AND PRACTICAL. WE DEVELOP WELL THOUGHT OUT STRATEGIES AND IMPLEMENT THEM THROUGH TEAMS OF SKILLED AND FAITHFUL STAFF AND VOLUNTEER WORKERS. PARTNERING WITH INDIVIDUALS, BUSINESSES, CIVIC ORGANIZATIONS, FAITH BASED ORGANIZATIONS AND GOVERNMENT AGENCIES WE EXPECT TO GROW AND SERVE EVER GREATER NUMBERS OF THOSE IN NEED. 0 1 1907504 2022710 HOPE OF THE VALLEY'S THREE THRIFTS STORES ARE A VITAL PART OF OUR PROGRAMMING, PROVIDING JOB TRAINING FOR THE MEN AND WOMEN IN OUR VARIOUS PROGRAMS. CLIENTS LEARN RESPONSIBILITY, CLEANLINESS, INVENTORY, CUSTOMER SERVICE, ACCOUNTING AND SALES. THE THRIFT STORES ALSO PROVIDE MUCH NEEDED CLOTHING AND HOUSEHOLD ITEMS AT GREATLY REDUCED PRICES FOR THE ECONOMICALLY CHALLENGED IN OUR COMMUNITY. THRIFT STORE DONATIONS ARE ALSO USED TO PROVIDE CLOTHING FOR OUR SHOWER PROGRAMS AND HOUSEHOLD ITEMS FOR INDIVIDUALS AND FAMILIES MOVING INTO PERMANENT HOUSING. 1361125 418793 HOPE OF THE VALLEY OPERATES SEVERAL RESIDENTIAL FACILITIES INCLUDING THE GENESIS HOUSE FOR HOMELESS FAMILIES, THE HOUSE OF HOPE FOR MEN RECOVERING FROM ADDICTION, THE BRIDGE TRANSITIONAL HOUSING FOR MEN POST RECOVERY AND THE CARE CENTER, A SPECIALTY SHELTER FOR INJURED AND ILL HOMELESS CLIENTS TO RECOVER WHILE LOCATING PERMANENT HOUSING. ADDITIONALLY THE MISSION OPERATES THE HELP CENTER IN VAN NUYS THAT OFFERS EMERGENCY SERVICES TO HOMELESS INDIVIDUALS LIVING ON THE STREETS SUCH AS SHOWERS, HOT MEALS, CLEAN CLOTHES AND CASE MANAGEMENT. IN AGGREGATE, THE MISSION PROVIDES OVER 207,000 MEALS, 61,000 NIGHTS OF SHELTER AND 49,000 SHOWERS ANNUALLY. 431333 417969 HOPE OF THE VALLEY OPERATES THE ONLY COLD WEATHER SHELTERS IN THE SAN FERNANDO VALLEY. THE PACOIMA SHELTER HAS 120 BEDS. EACH CLIENT RECEIVES A WARM, SAFE PLACE TO SLEEP, A HOT DINNER AND BREAKFAST AS WELL AS CASE MANAGEMENT TO ASSIST THEM WITH STRATEGIES AND SOLUTIONS TO END THEIR HOMELESSNESS. 3699962 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 47 0 140 1 0 0 0 0 0 0 0 0 0 1 0 X 20 17 1 0 0 1 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 CA X ROWAN VANSLEVE 8184059606 11076 NORRIS STREET SECOND FLOOR PACOIMA CA 91331 MICHAEL KLAUSMAN CHAIRMAN 6.00 X X 0 0 0 CHRIS DELAPLANE TREASURER 2.00 X X 0 0 0 RALPH KOEK SECRETARY 2.00 X X 0 0 0 TED GARTNER CHAIRMAN 6.00 X X 0 0 0 DAVID DELAPLANE VICE-CHAIR 15.00 X X 0 0 0 LARRY CHONG DIRECTOR 2.00 X X 0 0 0 KEN CRAFT SINCE FEB 2017 PRESIDENT AND CEO 50.00 X X 28096 0 0 JIN PAK DIRECTOR 3.00 X 0 0 0 ROBERT SCHAD DIRECTOR 2.00 X 0 0 0 DENNIS ZINE DIRECTOR 2.00 X 0 0 0 JEFF BIEDERMAN DIRECTOR 2.00 X 0 0 0 MARY AKPOVI DIRECTOR 6.00 X 0 0 0 LES GOODWIN DIRECTOR 2.00 X 0 0 0 JOSIE LOWE DIRECTOR 2.00 X 0 0 0 RICK PULLEN DIRECTOR 2.00 X 0 0 0 TANA RATNEVALE DIRECTOR 2.00 X 0 0 0 RICHARD SHEEHAN DIRECTOR 2.00 X 0 0 0 JOYCE WHITE DIRECTOR 3.00 X 0 0 0 TIM WINTERS DIRECTOR 2.00 X 0 0 0 MICHAEL-LEON WOOLEY DIRECTOR 2.00 X 0 0 0 ANNA MARKARIAN DIRECTOR 2.00 X 0 0 0 ROWAN VANSLEEVE SINCE SEPT 2017 CAO 50.00 X 21250 0 0 STEVE MORSE COO 50.00 X 65985 0 0 115331 0 0 0 0 0 0 BREWER DIRECT 507 S MYRTLE AVE MONROVIA CA 91016 FUNDRAISING/MARKETING SERVICES 270116 CANYON CENTER II INC 16461 SHERMAN WAY SUITE 140 VAN NUYS CA 91406 RENT 252293 LINDWORTH GROUP LLC 1033 GAYLEY AVE SUITE 200 LOS ANGELES CA 90024 RENT 166147 3 114857 2401948 423696 2516805 THRIFT STORES 453310 2054169 2054169 CONTRACT FEES 624200 769509 769509 2823678 35794 0 35794 35794 35794 33224 114857 100283 -67059 -67059 5309218 2859472 0 -67059 115331 91650 17685 5996 1742337 1303792 286111 152434 71141 48961 19365 2815 197475 153792 26585 17098 43480 43480 48417 48417 308744 308744 141644 79871 34620 27153 23208 18084 2970 2154 458353 375959 50017 32377 1005294 968458 32003 4833 55355 48733 3633 2989 18106 15287 2819 173100 173100 429138 313432 106323 9383 COST OF GOODS SOLD 78869 76473 321 2075 PROCESSING FEE 46281 29751 1427 15103 MEMBERSHIP DUES 11562 60 2360 9142 LICENCING & FILING FEES 9845 2021 878 6946 3695 538 3157 4981375 3699962 682171 599242 342766 916412 687998 254650 370351 338852 139279 106041 1126990 424313 4595440 702677 62981 0 6198815 2318632 527251 481544 1948825 869186 2060274 411838 240135 123016 4776485 1885584 X 1422330 433048 1422330 433048 6198815 2318632 X 327843 -1317125 X X 0 1 X 1 0 X 1447141 1649145 1891470 2926210 2516805 10430771 1447141 1649145 1891470 2926210 2516805 10430771 389648 10041123 35794 35794 10466565 10704783 0.95940 0.95330 X 240700 240700 432578 82840 349738 179418 171441 7977 274294 170032 104262 702677 ADVANCES 123016 123016 X 5309218 0 5309218 0 5309218 4981375 0 4981375 0 4981375 PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC. THE MISSION HAS RECEIVED FAVORABLE DETERMINATION LETTERS INDICATING IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC AND CALIFORNIA FRANCHISE TAXES UNDER SECTION 23701D OF THE CALIFORNIA REVENUE TAXATION CODE. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES PROVIDE ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES ALL OF THE POSITIONS TAKEN BY THE MISSION ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. X X X X X X X 1 BREWER DIRECT 507 S MYRTLE AVE MONROVIA CA 91016 WHITE ENVELOPE MAILINGS 0 916216 154236 761980 916216 154236 761980 CA BROADWAY EVENT 33224 33224 41801 THANKS GIVING 48951 48951 1226 1 65906 65906 49845 148081 114857 33224 92872 92872 -59648 AREA J LLC 35% CONTROLLED ENTITY OF FORMER DIRECTOR PURCHASE OF REAL PROPERTY AND BUSINESS. 0 968113 DAVID DELAPLANE MEMBER OF THE BOARD OF DIRECTORS CONSTRUCTION X 150000 0 0 1 1 ANDREW DELAPLANE FAMILY MEMBER OF A MEMBER OF THE BOARD OF DIRECTORS CONSTRUCTION X 1750000 0 0 1 1 CLEAR SKIES FAM TRUST 35% CONTROLLED ENTITY OF FORMER DIRECTOR PAY OFF LOANS X 800000 803463 0 0 1 CLEAR SKIES FAM TRUST 35% CONTROLLED ENTITY OF FORMER DIRECTOR ACCRUED INTEREST X 1546 0 1 1 ANDREW DELAPLANE FAMILY MEMBER OF A MEMBER OF THE BOARD OF DIRECTORS ACCRUED INTEREST X 64177 0 1 1 869186 AREA J LLC MORE THAN 35 OWNED BY DAVID DELAPLANE VOTING DIRECTOR AND OFFICER 2700000 BOUGHT ENTIRE BUILDING WITH ITS OPERATION. 0 PART I, LINE 1 FORMER DIRECTOR AND OFFICER DAVID DELAPLANE ("DELAPLANE") WAS A VOTING DIRECTOR AND OFFICER OF THE ORGANIZATION WITHIN THE LAST FIVE YEARS.AS AN OFFICER, HE SERVED IN A CHIEF OPERATING OFFICER-LIKE CAPACITY WHERE HE EXERCISED SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION'S AFFAIRS. IN THIS ROLE HE HAD ULTIMATE RESPONSIBILITY FOR SUPERVISING THE MANAGEMENT, ADMINISTRATION AND OPERATION OF THE ORGANIZATION. HE IS BELIEVED TO HAVE MORE THAN A 35% INTEREST IN AREA J, LLC ("AREA J"). AREA J PURCHASED A BUILDING FROM THE ORGANIZATION AND OPERATION OF AN ORGANIZATION-OWNED BUSINESS UNIT OPERATED IN THAT BUILDING THOUGH THE UNDERLYING PURCHASE AGREEMENT DID NOT INCLUDE CONVEYANCE OF THE BUSINESS UNIT. THE CURRENT BOARD OF DIRECTORS BELIEVES THE PURCHASE PRICE ACCEPTED BY THE BOARD OF DIRECTORS AT THE TIME OF THE SALE WAS BELOW THE BUILDING'S FAIR MARKET VALUE AND THAT NO CONSIDERATION WAS RECEIVED FOR THE BUSINESS UNIT. THE CURRENT BOARD IS NOT COMPRISED OF ANY DIRECTORS IN OFFICE AT THE TIME OF THE TRANSACTION. CORRECTION IS BEING SOUGHT. PART I, LINE 2 THE ORGANIZATION HAS NOT BEEN ABLE TO DETERMINE WHETHER FOUNDATION MANAGERS (OTHER THAN DELAPLANE) PARTICIPATED IN THE TRANSACTION KNOWING IT WAS AN EXCESS BENEFIT TRANSACTION. PART II, LINE (1) FORMER DIRECTOR AND OFFICER DAVID DELAPLANE IS BELIEVED TO HAVE MORE THAN A 35% BENEFICIAL INTEREST IN THE LENDER. X 71221 FAIR MARKET VALUE X 1 1500 FAIR MARKET VALUE X 350975 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): LINE 6, COLUMN B REPRESENTS NUMBER OF ITEMS RECEIVED RECUPERATIVE CARE CENTER (BUILDING) 2017-10-13 2700000 APPRAISAL 822916349 AREA J LLC 22287 MULHOLLAND HWY SUITE 366 CALABASAS CA 91302 LLC 0 0 1 0 PART II, LINE 2E: PERSON(S) INVOLVED: DAVID DELAPLANE PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: FORMER DIRECTOR AND OFFICER DAVID DELAPLANE ("DELAPLANE") WAS A VOTING DIRECTOR AND OFFICER OF THE ORGANIZATION WITHIN THE LAST FIVE YEARS. AS AN OFFICER, HE SERVED IN A CHIEF OPERATING OFFICER-LIKE CAPACITY WHERE HE EXERCISED SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION'S AFFAIRS. IN THIS ROLE HE HAD ULTIMATE RESPONSIBILITY FOR SUPERVISING THE MANAGEMENT, ADMINISTRATION AND OPERATION OF THE ORGANIZATION. HE IS BELIEVED TO HAVE MORE THAN A 35% INTEREST IN AREA J, LLC ("AREA J"). AREA J PURCHASED A BUILDING FROM THE ORGANIZATION AND OPERATION OF AN ORGANIZATION-OWNED BUSINESS UNIT OPERATED IN THAT BUILDING THOUGH THE UNDERLYING PURCHASE AGREEMENT DID NOT INCLUDE CONVEYANCE OF THE BUSINESS UNIT WHICH WAS VALUED AT $3,472,450. FORM 990, PART III, LINE 3 DURING THE YEAR, THE ORGANIZATION SOLD ITS BUILDING AND RELATED OPERATION OF THE ORGANIZATION-OWNED BUSINESS UNIT (RECUPERATIVE CARE CENTER) OPERATED IN THAT BUILDING EVEN THOUGH THE UNDERLYING PURCHASE AGREEMENT DID NOT INCLUDE CONVEYANCE OF THE BUSINESS UNIT. THE CURRENT BOARD OF DIRECTORS BELIEVES THE PURCHASE PRICE OF $2,700,000 ACCEPTED BY THE BOARD OF DIRECTORS AT THE TIME OF THE SALE WAS BELOW THE BUILDING'S FAIR MARKET VALUE AND THAT NO CONSIDERATION WAS RECEIVED FOR THE BUSINESS UNIT. FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF DIRECTORS MAY BY A MAJORITY VOTE OF DIRECTORS DESIGNATE TWO (2) OR MORE OF ITS MEMBERS (WHO MAY ALSO BE SERVING AS OFFICERS OF THIS CORPORATION) TO CONSTITUTE AN EXECUTIVE COMMITTEE AND DELEGATE TO SUCH COMMITTEE ANY OF THE POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION, EXCEPT WITH RESPECT TO: (A) THE APPROVAL OF ANY ACTION WHICH UNDER LAW OR THE PROVISIONS OF THESE BYLAWS, REQUIRES THE APPROVAL OF THE BOARD OF DIRECTORS (B) THE FILLING OF VACANCIES ON THE BOARD OR ON ANY COMMITTEE WHICH HAS THE AUTHORITY OF THE BOARD (C) THE FIXING OF COMPENSATION OF THE DIRECTORS FOR SERVING ON THE BOARD OR ON ANY COMMITTEE (D) THE AMENDMENT OR REPEAL OF BYLAWS OR THE ADOPTION OF NEW BYLAWS (E) THE AMENDMENT OR REPEAL OR ANY RESOLUTION OF THE BOARD WHICH BY ITS EXPRESS TERMS IS NOT SO AMENDABLE OR REPEATABLE (F) THE APPOINTMENT OF COMMITTEES OF THE BOARD OR THE MEMBERS THEREOF FORM 990, PART VI, SECTION A, LINE 2 CHRIS DELAPLANE AND DAVID DELAPLANE - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 5 FORMER DIRECTOR AND OFFICER DAVID DELAPLANE ("DELAPLANE") WAS A VOTING DIRECTOR AND OFFICER OF THE ORGANIZATION WITHIN THE LAST FIVE YEARS. AS AN OFFICER, HE SERVED IN A CHIEF OPERATING OFFICER-LIKE CAPACITY WHERE HE EXERCISED SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION'S AFFAIRS. IN THIS ROLE HE HAD ULTIMATE RESPONSIBILITY FOR SUPERVISING THE MANAGEMENT, ADMINISTRATION AND OPERATION OF THE ORGANIZATION. HE IS BELIEVED TO HAVE MORE THAN A 35% INTEREST IN AREA J, LLC ("AREA J"). AREA J PURCHASED A BUILDING FROM THE ORGANIZATION AND OPERATION OF AN ORGANIZATION-OWNED BUSINESS UNIT OPERATED IN THAT BUILDING THOUGH THE UNDERLYING PURCHASE AGREEMENT DID NOT INCLUDE CONVEYANCE OF THE BUSINESS UNIT. THE CURRENT BOARD OF DIRECTORS BELIEVES THE PURCHASE PRICE ACCEPTED BY THE BOARD OF DIRECTORS AT THE TIME OF THE SALE WAS BELOW THE BUILDING'S FAIR MARKET VALUE AND THAT NO CONSIDERATION WAS RECEIVED FOR THE BUSINESS UNIT. THE CURRENT BOARD IS NOT COMPRISED OF ANY DIRECTORS IN OFFICE AT THE TIME OF THE TRANSACTION. CORRECTION IS BEING SOUGHT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. THE RETURN IS REVIEWED BY MANAGEMENT AND PROVIDED TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ESTABLISHED A CONFLICT OF INTEREST POLICY THAT COVERS ALL DIRECTORS, OFFICERS ADMINISTRATORS AND EMPLOYEES. THE ORGANIZATION MONITORS CONFLICT OF INTERESTS BY REQUIRING A YEARLY SUBMITTAL OF A DISCLOSURE FORM TO OUR HUMAN RESOURCES. 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 MINUTES OF MEETINGS SHALL CONTAIN: THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT AND THE DECISION AS TO WHETHER A CONFLICT OF INTEREST IN FACT EXISTED. NOTE THAT THE ABOVE DESCRIBED POLICY WAS NOT FOLLOWED WITH REGARD TO THE RELATED PARTY LOANS AND, ESPECIALLY, THE SALE OF THE RECUPERATIVE CARE CENTER BUILDING AND RELATED OPERATIONS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD REVIEWS SURVEYS OF OTHER RESCUE MISSIONS FOR COMPARABLE COMPENSATION. COMPENSATION BEFORE FINAL APPROVAL IS REVIEWED BY THE BOARD FOR BUDGETARY AND ORGANIZATIONAL FEASIBILITY. THE CEO'S SALARY IS REVIEWED AND DETERMINED BY THE EXECUTIVE BOARD AND RATIFIED BY THE ENTIRE BOARD. LAST INCREASE WAS IN 2014. THE EXECUTIVE BOARD UTILIZES DATA FROM THE ASSOCIATION OF GOSPEL RESCUE MISSION COMPENSATION ANALYSIS AS WELL AS DATA FROM THE CENTER FOR NON-PROFIT MANAGEMENT COMPENSATION REPORT. 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 XI, LINE 9: LOSS FROM OPERATIONS OF DISCONTINUED RECUPERATIVE CARE CENTER -939,018. ACCRUED EXPENSE ADJUSTMENT -378,107. FORM 990, PART XII, LN 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.