2024-02-01T08:42:30-05:00 2022-12-31 620798554 WEDGEWOOD ACCOUNTING PLLC 4395 N OCOEE ST CLEVELAND TN 373124832 990 2022-01-01 851245407 ISOW INC ISOW 4232505001 340 PAUL HUFF PKWY NW CLEVELAND TN 373122955 DR BRYAN CUTSHALL PRESIDENT 4232505001 2024-01-28 true BRYAN CUTSHALL XXX-XX-XXXX false SCOTT D HALL CPA P01476361 4234765581 2024-01-28 2022 2023-04-26 12:10:37Z X DR BRYAN CUTSHALL 340 PAUL HUFF PARKWAY NW CLEVELAND TN 37312 860652 false X WWW.ISOW.ORG X 2020 TN ISOW IS COMMITTED TO PROVIDING A QUALITY ONLINE BIBLICAL EDUCATION TO STUDENTS AROUND THE WORLD, ESPECIALLY MINISTERS WHO MAY NOT HAVE OTHER OPPORTUNITIES TO SEEK EDUCATION AT TRADITIONAL BRICK & MORTAR INSTITUTIONS. 4 4 10 0 414156 443290 402433 417362 0 0 816589 860652 0 0 208301 424378 0 132895 567134 485971 775435 910349 41154 -49697 360815 285912 6469 6783 354346 279129 ISOW IS COMMITTED TO PROVIDING A QUALITY ONLINE BIBLICAL EDUCATION TO STUDENTS AROUND THE WORLD, ESPECIALLY MINISTERS WHO MAY NOT HAVE OTHER OPPORTUNITIES TO SEEK EDUCATION AT TRADITIONAL BRICK & MORTAR INSTITUTIONS. false false 501059 417362 ISOW FILMS COURSE CONTENT, WHICH INCLUDES LIVE LECTURES AND SEMINARS. OUR OBJECTIVE IS TO PROVIDE THE SAME QUALITY CONTENT STUDENTS WOULD RECEIVE IF THEY WERE TO ATTEND IN PERSON. ISOW DEVELOPS WRITTEN MATERIAL TO SUPPLEMENT LECTURES, THEN ORGANIZES THE CONTENT ON OUR WEBSITE. OUR OBJECTIVE, AS WITH FILMING, IS TO PROVIDE A QUALITY, WELL-ROUNDED BIBLICAL EDUCATION TO OUR STUDENTS. ISOW DEVELOPS MARKETING CAMPAIGNS TO ADVERTISE LIVE LECTURES AND WEBSITE CONTENT. OUR GOAL IS TO PROMOTE COURSE OFFERINGS TO THE WIDEST POSSIBLE AUDIENCE. ALSO, PROGRAM SERVICES INVOLVE PROVIDING ACADEMIC AND TECHNICAL SUPPORT TO STUDENTS. OUR OBJECTIVE, AS WITH ALL PROGRAM SERVICES, IS TO PROVIDE A COMPLETE, QUALITY ACADEMIC EXPERIENCE TO EVERY STUDENT. 501059 true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false true 20 0 10 true false false false false false false false false X 4 4 true false false false false false false true true false false true true true true false false false false false TN X RYAN J HAMILTON 4232505001 340 PAUL HUFF PARKWAY NW CLEVELAND TN 37312 DR BRYAN CUTSHALL PRESIDENT 40.00 X 71903 0 0 RYAN J HAMILTON TREASURER 40.00 X 71772 0 0 BRITTANY EASTHAM SECRETARY 20.00 X 16511 0 0 FAITH CUTSHALL VICE PRESIDE 10.00 X 6966 0 0 167152 false false false 443290 178000 443290 GENERAL FUND: ONLINE COURSE R 315596 315596 PRODUCT INCOME: CURRICULUM IN 71288 71288 PRODUCT INCOME 17684 17684 GENERAL FUND: STUDENT REGISTR 8677 8677 PRODUCT INCOME: SHIPPING REVE 4097 4097 20 20 417362 860652 417362 167152 117006 50146 227068 158948 34060 34060 30158 30158 34769 34769 945 945 8675 8675 17675 5871 6107 5697 35327 35327 228647 76231 76208 76208 12290 12290 20310 20310 PROJECT DEVELOPMENT EXPEN 84456 84456 GUEST HONORARIUMS 33859 16929 16930 ONLINE COURSE EXPENSE 5071 5071 GUEST SERVICES 3947 3947 910349 501059 276395 132895 239405 164502 121410 121410 360815 285912 6469 6783 6469 6783 X 354346 221158 57971 354346 279129 360815 285912 X -49697 -25520 X false false X 490238 414156 443290 1347684 490238 414156 443290 1347684 1347684 900 900 1348584 819795 X PART II, LINE 10 OTHER REVENUE 900 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED ERTC RECEIVABLE 121410 121410 CITIBANK MC 5927 PAYROLL LIABILITIES: FEDERAL TAXES ( 1472 PAYROLL LIABILITIES: MO INCOME TAX 59 PAYROLL LIABILITIES: MEDICAL INS. RE -675 6783 X 1 178000 false false false FORM 990, PAGE 1, ITEM B THE AMENDMENT TO ISOW, INC.'S 2022 FORM 990, IN RELATION TO THE EMPLOYEE RETENTION TAX CREDIT (ERTC) FUNDS RECEIVED IN 2023, IS FOCUSED ON ACCURATELY REFLECTING THE IMPACT OF THESE FUNDS ON THE TAXABLE INCOME FOR THE YEARS 2020 AND 2021. THE ERTC FUNDS, TOTALING 121,410 ATTRIBUTABLE TO THE TAX YEARS 2020 AND 2021, WERE RECEIVED IN 2023. HOWEVER, FOR TAX REPORTING PURPOSES, IT IS ESSENTIAL TO RECOGNIZE THAT THESE FUNDS SPECIFICALLY AFFECTED THE TAXABLE INCOME OF THE YEARS 2020 AND 2021. IN ACCORDANCE WITH THE INTERNAL REVENUE CODE, TITLE 26, CHAPTER 22, SUBCHAPTER A, SECTION 3134, THE ERTC IS A CREDIT AGAINST APPLICABLE EMPLOYMENT TAXES, BASED ON QUALIFIED WAGES PAID TO EMPLOYEES. THIS CREDIT DIRECTLY INFLUENCES THE TAXABLE INCOME OF THE RESPECTIVE YEARS FOR WHICH THE WAGES WERE PAID. THEREFORE, THE RECEIPT OF ERTC FUNDS IN 2023, WHILE PHYSICALLY REALIZED IN THAT YEAR, RETROACTIVELY IMPACTS THE TAXABLE INCOME OF 2020 AND 2021. THE AMENDMENT TO THE 2022 FORM 990 IS THUS A NECESSARY STEP TO ENSURE THAT ISOW, INC.'S TAX FILINGS ACCURATELY REPRESENT THE FINANCIAL EFFECTS OF THE ERTC FUNDS ON THE TAXABLE INCOME FOR 2020 AND 2021. THIS INVOLVES DETAILING THE AMOUNT OF ERTC FUNDS RECEIVED AND DEMONSTRATING HOW THESE FUNDS REDUCED THE TAXABLE INCOME FOR THOSE SPECIFIC YEARS. THE AMENDMENT DOES NOT CHANGE THE FINANCIAL OR TAX POSITION FOR THE YEAR 2022 BUT ENSURES THAT THE CARRYFORWARD OF THESE FUNDS IS PROPERLY ACCOUNTED FOR IN THE CONTEXT OF THE EARLIER TAX YEARS. BY MAKING THIS AMENDMENT, ISOW, INC. IS ADHERING TO THE REQUIREMENTS OF FEDERAL TAX LAW, ENSURING THAT ITS TAX FILINGS ACCURATELY REFLECT THE IMPACT OF SIGNIFICANT TAX CREDITS LIKE THE ERTC ON ITS FINANCIAL POSITION. THIS ACTION HIGHLIGHTS THE ORGANIZATION'S COMMITMENT TO COMPLIANCE AND TRANSPARENCY IN ITS TAX REPORTING. FORM 990, PAGE 6, PART VI, LINE 2 FAITH CUTSHALL BRYAN CUTSHALL V PRESIDENT PRESIDENT WIFE BRITTANY EASTHAM BRYAN CUTSHALL SECRETARY PRESIDENT DAUGHTER FORM 990, PAGE 6, PART VI, LINE 11B ISOW MAKES A COPY OF FORM 990 AVALIABLE FOR REVIEW TO ALL BOARD MEMBERS VIA EMAIL PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C ISOW MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY BY THE FOLLOWING: A) NOTIFYING EACH BOARD MEMBER, OFFICER, OR OTHER MEMBERS WITH RESPONSIBILITY FOR GOVERNING THE ORGANIZATION OF A DUTY TO DISCLOSE ALL MATERIAL FACTS REGARDING ANY POTENTIAL CONFLICT OF INTEREST; (B) REQUIRING ALL OFFICERS AND DIRECTORS TO SIGN AN ANNUAL COMPLIANCE STATEMENT; AND (C) CONDUCTING AN ANNUAL REVIEW AND ASSESSMENT REGARDING THE ADMINISTRATION OF THE POLICY. FORM 990, PAGE 6, PART VI, LINE 19 ISOW PROVIDES A COPY TO THE PUBLIC VIA AT THEIR CLEVELAND LOCATION UPON REQUEST. FORM 990, PART XI, LINE 9 PRIOR PERIOD ADJ. CASH A/C -25,520