2016-11-15T16:09:51-06:00 2015-12-31 752455714 JACE E PEARSON CPA 16414 SAN PEDRO 365 SAN ANTONIO TX 78232 990 2015-01-01 741213124 CONCEPT THERAPY INSTITUTE INC CONC 2106982254 25550 BOERNE STAGE RD SAN ANTONIO TX 78255 JACE E PEARSON CPA TREASURER 2106982254 2016-11-15 1 JACE E PEARSON CPA P01381829 2104021201 2016-11-14 X 2015 2017-02-10 21:41:12Z JEANNE CREASY 25550 BOERNE STAGE RD SAN ANTONIO TX 78213 1860186 0 X N/A X 1954 TX FURTHER THE UNDERSTANDING OF TEACHINGS OF CONCEPT THERAPY 7 7 9 5 0 0 39145 41180 132353 124110 102240 87425 65750 59508 339488 312223 0 0 0 0 267890 251148 0 0 0 574769 667706 842659 918854 -503171 -606631 5037045 4397028 49251 15865 4987794 4381163 --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 248822 234216 ONE PROGRAM - PROVIDING EDUCATION, CLASSES, INFORMATION AND MATERIALS FOR FURTHERING THE UNDERSTANDING OF CONCEPT THERAPY TEACHINGS AND PRECEPTS 248822 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 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 29 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 1 1 1 1 0 X SABRINA CLARK 2106982254 25550 BOERNE STAGE RD SAN ANTONIO TX 78255 X GEORGE T FLEET X FUND TRUSTEE 0.00 X X 0 0 0 TERESA AVALLONE DIRECTOR 10.00 X 0 0 0 MARY GIBSON DIRECTOR/SECRETARY 10.00 X X 0 0 0 PATRICIA HAHN DIRECTOR/VICE CHAIR 10.00 X 802 0 0 PEGGY SANDERS DIRECTOR 10.00 X 0 0 0 MARTIN O'CONNELL DIRECTOR/CHAIRMAN/PRESIDENT 25.00 X X 0 0 0 TOM BLACKWELL DIRECTOR 10.00 X 0 0 0 JEANNE CREASY DIRECTOR/TREASURER 10.00 X X 0 0 0 BARBARA LYNN X FUND TRUSTEE 1.00 X 0 0 0 MARY GIBSON X FUND TRUSTEE 1.00 X 0 0 0 JEANNE CREASY X FUND TRUSTEE 1.00 X 0 0 0 SABRINA CLARK EXEC DIR TOP MGMT OFFICIAL 40.00 X 72692 0 0 73494 0 0 0 0 0 0 MICHAEL PANZARELLA PLLC PO BOX SAN ANTONIO TX 78270 LEGAL 122541 1 17486 23694 41180 TUITION 611110 69346 69346 ENHANCEMENTS 611110 39900 39900 REIMBURSEMENTS 611110 7963 7963 VOIDED CHECKS/MISC 611110 6301 6301 BEAMER SUBSCRIPTIONS 611110 600 600 124110 50598 50598 26510 0 26510 26510 26510 1581219 1544392 36827 36827 36827 36569 3571 32998 32998 312223 234216 0 36827 X 73494 802 72692 157395 43200 114195 20259 3647 16612 147541 147541 20515 20515 94503 94503 78 78 59632 59632 7106 7106 32517 32517 4764 4764 5092 5092 24352 24352 INVENTORY ADJUSTMENT 86460 86460 CONTRACTS/COMMISSIONS 48023 38041 9982 INSURANCE-PROPERTY/O&D 39534 39534 UTILITIES 34424 34424 63165 63165 918854 248822 670032 0 3 1 4394431 4174102 32758 45031 113431 24088 1245133 1091946 177539 153187 318883 619 5037045 4397028 48951 15565 300 300 49251 15865 X 0 0 230928 230928 4756866 4150235 4987794 4381163 5037045 4397028 -606631 0 X X 1 X 0 1 0 X 98133 51920 62474 39145 41180 292852 290699 271294 251537 270070 237787 1321387 388832 323214 314011 309215 278967 1614239 0 0 0 1614239 94889 70028 62483 30273 50598 308271 94889 70028 62483 30273 50598 308271 483721 393242 376494 339488 329565 1922510 0.83970 0.85670 0.16030 0.14330 X 14751 14751 582721 479714 103007 270158 236949 33209 377503 375283 2220 153187 X 1 1 X X 0 0 0 0 0 0 0 0 0 PATRICIA HAHN DIRECTOR/VICE CHAIR 0 0 0 0 802 0 0 0 0 0 802 0 0 0 SABRINA CLARK EXEC DIR TOP MGMT OFFICIAL 72692 0 0 0 0 0 0 0 0 0 72692 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. GEORGE FLEET TRUSTEE 1861 ROYALTY 0 WARREN McKENNEY FRMR OFCR/DIR-ROYALTY 620 ROYALTY 0 CHARLES MATTOX FRMR OFCR/DIR-TEACHING W WIFE 700 TEACHING 0 Form 990, Part VI, Section A, line 2 Any and all compensation amounts are fully documented by 1099 or W-2 and are fully disclosed in part VII. George Fleet is the son of the founder Thurman Fleet (deceased). Mary Kay Fleet (A FORMER TRUSTEE) and Mardee Pryor are uncompensated former directors and are the daughters of George Fleet and do not hold current officer positions. Warren Mckenny is the grandson of Thurman Fleet and is the former executor director and former attorney for the institute. 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 the oversight process or change accountant firms during this tax year. Form 990, Part VI, Section B, line 11 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. PART VI SECTION A LINE 6 The organization is governed by a Board of Directors and does not have governing stockholders or members. Persons who take educational classes become "members" of the "International on the Beam Club and pay membership dues to the organizaton, but they are not governing members.The memberhip dues are part of the general revenue received by the organization and are used to fund the publication of a newsletter to the club members and their operational costs. Dues are shown on page 9, line 1b of form 990. PART VII, LINE 1a The persons listed as Trustees are Trustees of what is referred to as the "X" Fund, which is a fund held by the organization to be used for specific and approved purposes of the organization. The persons who are listed as the current trustees are disputed and the funds designated as the "X" Fund have been interpleaded with the court or have been temorarily frozen pending a final determination. Form 990, Part IX, line 11g FINANCE CHARGES: Program service expenses 0. Management and general expenses 360. Fundraising expenses 0. Total expenses 360. ENGINEERING/SURVEYING: Program service expenses 0. Management and general expenses 94,143. Fundraising expenses 0. Total expenses 94,143. 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. 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 and Thurma Pederson as well as other decendents 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.