2018-11-15T20:39:39-06:00 2017-12-31 752455714 JACE E PEARSON CPA 16414 SAN PEDRO 365 SAN ANTONIO TX 78232 990 2017-01-01 741213124 CONCEPT THERAPY INSTITUTE INC CONC 2106982254 25550 BOERNE STAGE RD SAN ANTONIO TX 78255 JACE E PEARSON CPA TREASURER 2106982254 2018-11-15 1 JACE E PEARSON CPA P01381829 2104021201 2018-11-13 X 162.233.169.51 2018-11-15 20:38:57 CS P AA3183D2C7DFF65211533890997EEFF01712B82F AA3183D2C7DFF65211533890997EEFF01712B82F 2017 2019-02-21 02:37:17Z JEANNE CREASY 25550 BOERNE STAGE RD SAN ANTONIO TX 78255 2350841 0 X concept-therapy.org X 1954 TX FURTHER THE UNDERSTANDING OF TEACHINGS OF CONCEPT THERAPY 7 7 8 0 0 0 54282 25155 97718 79626 974528 1704571 53572 113111 1180100 1922463 0 0 0 0 313884 309079 0 0 0 715581 1368862 1029465 1677941 150635 244522 4543873 4765730 12075 14410 4531798 4751320 --THE CONCEPT-THERAPY INSTITUTE IS AN EDUCATIONAL ORGANIZATION TEACHING A CORRELATION OF THE UNIVERSAL LAWS OF LIFE.--CONCEPT THERAPY GIVES THE TOOLS TO CREATE HEALTH, HAPPINESS, PEACE AND SUCCESS. BODY-MIND-SOUL 0 0 305177 192737 ONE PROGRAM - PROVIDING EDUCATION, CLASSES, INFORMATION AND MATERIALS FOR FURTHERING THE UNDERSTANDING OF CONCEPT THERAPY TEACHINGS AND PRECEPTS 305177 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 23 0 8 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 X X SABRINA CLARK 2106982254 25550 BOERNE STAGE RD SAN ANTONIO TX 78255 GEORGE T FLEET X FUND TRUSTEE 0.00 X 0 0 0 MARY GIBSON DIRECTOR/SECRETARY 10.00 X X 0 0 0 MARTIN O'CONNELL DIRECTOR/CHAIRMAN/PRESIDEN 25.00 X X 0 0 0 TOM BLACKWELL DIRECTOR 10.00 X 2050 0 0 JEANNE CREASY DIRECTOR/TREASURER 10.00 X X 0 0 0 SHANE ALBORZ DIRECTOR 10.00 X 0 0 0 SARAH HAMER DIRECTOR 10.00 X 0 0 0 BENNIE HARRIS DIRECTOR 10.00 X 0 0 0 DORIS MITCHELL EXECUTIVE DIRECTOR 40.00 X 70000 0 0 SABRINA CLARK FORMER KEY PERSON 40.00 X 60000 0 0 132050 0 0 0 1 0 0 MICHAEL PANZARELLA PLLC PO BOX 700768 SAN ANTONIO TX 78270 LEGAL 161176 CHROMIUM 440 BRANNAN ST SAN FRANCISCO CA 94107 ADVERTISING 112200 2 14643 10512 25155 TUITION 611110 71085 71085 POA DUES 611110 5110 5110 VOIDED CHECKS/MISC 611110 3431 3431 79626 91549 91549 69673 0 69673 69673 69673 2038097 764 424311 -764 1613786 1613022 1613022 46741 3303 43438 43438 1922463 192737 0 1704571 X 284173 284173 24906 24906 340884 340884 25900 25900 114660 114660 41744 41744 2699 2699 54618 54618 12511 12511 29240 29240 36634 36634 LAWSUIT SETTLEMENT 475000 475000 CONTRACTS/COMMISSIONS 95054 95054 INSURANCE-PROPERTY/O&D 43820 43820 UTILITIES 28330 28330 67768 9269 58499 1677941 305177 1372764 0 2 -1 3976464 3376109 46054 90627 367223 864941 22838 34136 1542846 1142928 131292 399918 4543873 4765730 11775 14110 300 300 12075 14410 X 0 0 230928 230928 4300870 4520392 4531798 4751320 4543873 4765730 X 244522 -25000 X X 0 0 0 X 62474 39145 41180 54282 25155 222236 251537 270070 237787 211719 123064 1094177 314011 309215 278967 266001 148219 1316413 0 0 0 1316413 62483 30273 50598 49526 161122 354002 62483 30273 50598 49526 161122 354002 376494 339488 329565 315527 309341 1670415 0.78810 0.85010 0.21190 0.14990 X 6826 6826 658050 569536 88514 486622 341422 145200 391348 231970 159378 399918 X 1 1 X X 0 0 0 0 0 0 0 0 0 TOM BLACKWELL DIRECTOR 0 0 0 0 2050 0 0 0 0 0 2050 0 0 0 DORIS MITCHELL EXECUTIVE DIRECTOR 70000 0 0 0 0 0 0 0 0 0 70000 0 0 0 SABRINA CLARK FORMER KEY PERSON 60000 0 0 0 0 0 0 0 0 0 60000 0 0 0 Part I, Line 1a TRAVEL AND OUT OF POCKET EXPENSES PAID BY OFFICERS, EXECUTIVE DIRECTOR AND EMPLOYEES MUST BE SUBSTANTIATED AND APPROVED TO BE REIMBURSED. TOM BLACKWELL DIR / TEACHING 2050 TEACHING TEAM WITH WIFE 0 0 0 0 Form 990, Part VI, Section A, line 8b All committees report to the board. Proposed actions are discussed and voted on by the entire board and are duely noted in the minutes of the meeting. The committee meetings are contemporaneously documented as well. This question is being answered "NO" as no committees acted with authority without board approval/ratification in this tax year. The organization did not make changes in the oversight process or change accountant firms during this tax year. Form 990, Part VI, Section B, line 11b The prepared 990 is supplied to the entire Board by the CPA preparer for review, discussion, approval and ratification prior to signing and filing. Any questions or proposed changes are communicated to the CPA preparer for adjustment before the CPA and Officer sign and date the return. If necessary, legal counsel may also be utilized to ensure complete and accurate disclosure and documentation. Form 990, Part VI, Section B, line 12c Full disclosure of potential interest is to be requested and noted in annual meeting of the board of directors to be in full compliance with this question. All amounts of monetary payments to officers are fully disclosed on Part VII. Conflicts with policy are to be reviewed by the board. Form 990, Part VI, Section B, line 15 Any changes in officer salaries are to be reviewed and approved annually by the board in compliance with this question. All newly hired officers' salaries are to be determined and set by the board as they occur. Compensation levels are to be reviewed and ratified by the board annually. The salaries / compensation are comparably below industry standards and are fully disclosed on Part VII as well. Compensation issues and changes are to be reviewed and approved / ratified by the board. Form 990, Part VI, Section C, line 19 These documents are made available for public inspection upon request at the Concept Therapy Institute. Form 990, Part XI, line 9: Revenue previously recognized in prior year -25,000. FORM 990, PART XII, LINE 2c The finance committee has been formed to receive, accept and present the compiled financial statements to the board of directors. Lawsuits had previously been filed against Concept Therapy Institute (CTI) by former directors and their family members over control of funds and copyright usage. (Cause No. 2015-CI-10997) and (Cause No. 2014 CI 06932). In response to these lawsuits, CTI filed a countersuit (Cause No. 2015 CI 06932). When this dispute arose, CTI's bank interpleaded the funds with the courts for safekeeping while the case was being litigated. As this litigation was costly in terms of time involved, associated legal fees and as it had involved numerous litigation and tax attorneys over several years, it was concluded that it was in the best interest of the organization and in furtherance of its charitable purposes to settle the lawsuits. These matters were concluded at the end of 2017, the funds were released back to Concept Therapy Institute and all copyright issues were resolved in favor of CTI. At the direction of the tax attorneys, proper 1099's were issued to both the plaintiff and the plaintiff's attorney documenting the settlement as well as achieve full compliance with all Internal Revenue reporting requirements concerning this matter. Part VI, Section B, lines 12, 13, 14, 15. The board adopted policies and procedures to fully comply with the items listed in 12, 13, 14, 15 and implemented these policies and as such are in compliance. Schedule L, part IV ROYALTY: George Fleet, Warren McKenney as well as other decendents of Thurman Fleet receive royalties for copyrighted materials inherited from the Thurman Fleet Estate. This has been reviewed and upheld in all previous IRS audits. 1099's are properly issued for these amounts each year and is also fully disclosed in 990 Part VII amounts. TEACHING: Directors may also perform as contract teachers as many have been life long teachers before becoming directors. 1099's are properly issued for these amounts each year and is also fully disclosed in 990 Part VII amounts. Husband/Wife are counted as one for purposes of Part VII in the disclosure of officer compensation. INDEPENDENT CONTRACTORS: All independent contractors, attorneys, other professionals are issued 1099's.