2024-01-15T07:06:51-06:00 2022-06-30 832175462 MARSHALL JONES 3097 E SHADOWNLAWN AVE NE ATLANTA GA 30305 990 2021-07-01 275096979 A PAY IT FORWARD SCHOLARSHIP INC APAY 7705390119 615 OAK STREET GAINESVILLE GA 30501 CARY SINNETT PRESIDENT 7705390119 2024-01-15 CARY SINNETT 999009999 NATHAN LUMMUS P02049603 4042312001 2024-01-05 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z CARY SINNETT 615 OAK STREET GAINESVILLE GA 30501 890701 0 X PAYITFORWARDSCHOLARSHIPS.COM X 2011 GA PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA PRIVATE SCHOOL STUDENTS IN ACCORDANCE WITH GEORGIA LAW. 5 5 3 0 0 0 921931 890701 0 0 0 0 0 0 921931 890701 605666 743378 0 0 141874 154541 47730 0 65218 0 35644 795270 933563 126661 -42862 281230 239890 5378 6624 275852 233266 PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA 0 0 849712 743378 PROVIDE TUITION SCHOLARSHIPS TO PRE-K THROUGH 12TH GRADE GEORGIA 849712 1 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 3 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 1 1 1 0 GA X LAURA HAYNES 7705343611 615 OAK STREET GAINESVILLE GA 30501 CARY SINNETT BOARD CHAIR 20.00 X X 97500 0 0 AMBER ANDERSON BOARD MEMBER 1.00 X 0 0 0 JASON BUFORD BOARD MEMBER 1.00 X 0 0 0 SHANNON HORN BOARD MEMBER 1.00 X 0 0 0 JON GOINS BOARD MEMBER 1.00 X 0 0 0 97500 0 0 0 0 0 0 0 890701 890701 890701 0 0 0 743378 743378 97500 54503 9555 33442 40374 22569 3957 13848 16667 9317 1633 5717 7257 4057 711 2489 8370 4679 820 2871 2997 1675 294 1028 7782 4350 763 2669 656 367 64 225 52 29 5 18 247 138 24 85 1886 1074 180 632 6397 3576 627 2194 933563 849712 18633 65218 279344 239890 0 0 1886 0 281230 239890 5378 6624 5378 6624 X 275852 233266 275852 233266 281230 239890 -42862 276 0 X X 0 1 X 1 0 X 781301 909644 904516 921931 890701 4408093 781301 909644 904516 921931 890701 4408093 0 0 0 4408093 781301 909644 904516 921931 890701 4408093 1.00000 0.00000 X 0 X 890701 0 890701 0 890701 933563 0 933563 0 933563 PART X, LINE 2: THE ORGANIZATION ONLY RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKEN FOR FILINGS WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE THE ORGANIZATION OPERATES. MANAGEMENT BELIEVES THAT INCOME TAX FILING POSITIONS WOULD BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE THAT ANY ADJUSTMENTS WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2022. 0 SCHOLARSHIPS 681 743378 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS CIRCULATED TO THE BOARD FOR APPROVAL VIA EMAIL. FORM 990, PART VI, SECTION B, LINE 12C BEFORE BOARD OR COMMITTEE ACTION ON AND AGREEMENT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR COMMITTEE MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A DIRECTOR OR COMMITTEE MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD OR COMMITTEE WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST SHALL DISCLOSE TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIR SHALL REPORT THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR BE PERMITTED TO HEAR THE BOARD'S OR COMMITTEE'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. SUCH PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO AN AGREEMENT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING SHALL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE AGREEMENT OR TRANSACTION AND SHALL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. FOR PURPOSES OF THIS PARAGRAPH, A MEMBER OF THE BOARD OF DIRECTORS OF PAY IT FORWARD SCHOLARSHIPS HAS A CONFLICT OF INTEREST WHEN HE OR SHE STANDS FOR ELECTION AS AN OFFICER OR FOR RE-ELECTION AS A MEMBER OF THE BOARD OF DIRECTORS. RESPONSIBLE PERSONS WHO ARE NOT MEMBERS OF THE BOARD OF DIRECTORS OF PAY IT FORWARD SCHOLARSHIPS, OR WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO AN AGREEMENT OR TRANSACTION THAT IS NOT THE SUBJECT OF BOARD OR COMMITTEE ACTION, SHALL DISCLOSE TO THE CHAIR OR THE CHAIR'S DESIGNEE ANY CONFLICT OF INTEREST THAT SUCH RESPONSIBLE PERSON HAS WITH RESPECT TO AN AGREEMENT OR TRANSACTION. SUCH DISCLOSURE SHALL BE MADE AS SOON AS THE CONFLICT OF INTEREST IS KNOWN TO THE RESPONSIBLE PERSON. THE RESPONSIBLE PERSON SHALL REFRAIN FROM ANY ACTION THAT MAY AFFECT PAY IT FORWARD SCHOLARSHIPS' PARTICIPATION IN SUCH AGREEMENT OR TRANSACTION. F. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH THE POTENTIAL CONFLICT SHALL DISCLOSE THE CIRCUMSTANCES TO THE CHAIR OR THE CHAIR'S DESIGNEE, WHO SHALL DETERMINE WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD VOTES ON SALARIES. A SURVEY OF COMPENSATION FOR SIMILAR JOBS REGIONALLY IS COMPLETED EVERY TWO YEARS. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 1023, 990, AND OTHER RELATED TAX DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. PART XII, LINE 2C NO CHANGE.