2013-09-04T15:37:34-05:00 2012-12-31 363990892 Capin Crouse LLP 2435 Research Parkway Suite 200 Colorado Springs CO 80920 990 2012-01-01 010779814 Leadership Transformations Inc LEAD 7197853600 PO Box 338 Lexington MA 02420 Richard C Anderson 7197853600 2013-09-04 1 David C Moja P00747006 7195286225 2012 2016-02-24 21:20:13Z Stephen Macchia PO Box 338 Lexington MA 02420 554507 0 X www.leadershiptransformations.org X 2003 MA To facilitate Christian leadership development. 5 5 6 5 0 0 314185 326033 292076 211831 611 935 5291 4726 612163 543525 0 0 0 0 392939 335663 0 0 30923 169144 206340 562083 542003 50080 1522 245589 251437 23433 27759 222156 223678 Our vision is for churches & Christian organizations to be filled with leaders who place spiritual formation, discernment & renewal above all other leadership priorities. Our mission is to cultivate vibrant spirituality & attentive discernment among Christian leaders & teams. 0 0 429816 216557 Training seminary students in spiritual formation, developing church and ministry leadership teams, spiritual mentoring for pastors and ministry leaders, and spiritual retreats for Christian leaders and teams. 429816 1 1 0 0 0 0 0 0 0 0 1 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 0 0 0 0 0 0 0 1 9 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 X David McKiel 3522591906 881 Eldra Loop The Villages FL 32162 David Schultz 2.00 X X 0 0 0 Kathleen F Crowell 2.00 X X 0 0 0 Elinor Beatty 2.00 X X 0 0 0 Diana Bennett 2.00 X 0 0 0 Michael Chuli 2.00 X 0 0 0 Gary DiCamillo 2.00 X 0 0 0 stephen Macchia 60.00 X 49474 0 73769 Richard C Anderson 45.00 X 81310 0 23878 130784 0 97647 0 0 0 0 0 326033 326033 Leadership Development 900099 126461 126461 Speaking/Consultation 900099 57481 57481 Online Assessments 900099 14850 14850 Other Program Revenue 900099 13039 13039 211831 935 935 15708 10982 4726 4726 543525 216557 0 935 227940 173856 42305 11779 92580 69628 18174 4778 4643 3758 644 241 10500 8498 1456 546 2875 2875 11075 2985 8090 26175 17387 6783 2005 12020 9293 1803 924 25512 19503 4862 1147 498 373 75 50 3826 2870 574 382 SELAH Certification 64682 64682 Program Expenses 48465 48465 Vehicles 9886 7548 1483 855 Misc. Expenses 1326 970 230 126 542003 429816 81264 30923 42794 59226 175975 162769 7446 1445 1292 1254 16588 18286 5268 4272 1494 996 7461 245589 251437 14458 17176 8975 10583 23433 27759 X 222156 223678 222156 223678 245589 251437 1522 0 X X 1 X 0 1 0 X 344614 234248 291540 310585 326033 1507020 344614 234248 291540 310585 326033 1507020 234133 1272887 5 4 511 611 935 2066 1509086 1148749 0.84350 0.99910 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5268 4272 996 996 X Description of Uncertain Tax Positions Under FIN 48: Part X, Line 2: The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of December 31, 2012, LTI had no uncertain tax positions that qualify for recognition or disclosure in the financial statements. LTI's federal Return of Organization Exempt from Income Tax Form 990 for the years ended December 31, 2011, 2010, and 2009 are subject to examination by the IRS, generally for three years after they were filed. Form 990, Part VI, Section B, line 11 The Form 990 was prepared by an independent CPA firm, reviewed by management, and then provided to the board via email prior to filing. Form 990, Part IV, Line 14: Data Retention and Destruction Policy: The organization is currently in the process of adopting a written document retention and destruction policy. Form 990, Part VI, Section B, line 12c Leadership Transformations' (LT) board requires an annual disclosure of conflicts of interest. In addition to this, the finance team monitors all transactions for potential conflicts, and brings any potential conflicts to the President's or board's attention. If a conflict is identified, the independent board votes on whether the transaction is in the best interest of LT, while the person with a conflict recuses his or her self from the decision making process. Form 990, Part VI, Section B, line 15 Compensation offered to the organization's president and executive officers is determined by the compensation committee of the board of directors. All members of the compensation committee are independent in nature. In determining appropriate compensation packages, the compensation committee references salaries of similar executive positions at other non-profit organizations in the area. All compensation decisions are approved by the board and contemporaneously documented in the board minutes. Form 990, Part VI, Section C, line 18 The organization makes its Form 1023 and Form 990s available to the public upon request. 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. Explanation of selection and oversight of the compilation: Form 990, Section XII, Line 2c: The audit committee, made up of the Chairman of the Board and 2 other board members, is responsible for the selection and oversight of the firm performing the compilation.