American Needlepoint Guild Inc.

“The organization received various management services from the rees group until august 2017 and association headquarters, inc. Starting in september 2017.”

“The organization has one class of voting members.”

“All voting members have the same voting rights and each have one vote. They shall be eligible to serve as a director or officer of the organization. Election of officers or board members shall be by majority vote of the members eligible to vote.”

“Governance decisions of the organization, such as approval of bylaws, are subject to approval by the membership.”

“The committees within the organization do not have the authority to act on behalf of the governing body; for this reason, minutes and actions taken are not documented.”

“A copy of the form 990 is provided to the governing body prior to its filing with the irs.”

“Copies of the organization's financial statements, form 990 and governing documents are provided upon request.”

“Form 990 is being amended to conform to the audited financial statements, which were completed after the filing due date of the 990. Changes included on the amended 990 are as follows: -revenue, including contributions and program service revenue was revised to conform to the financial statements. As a result, the program service revenue on form 990 part iii was also adjusted, as was form 990, part viii. -expense classifications, as well as total expenses were amended. As a result, the program service expenses on form 990, part iii were also adjusted, as was form 990, part ix. -form 990, part x, balance sheet was amended to include pledges receivable, as well as to adjust total net assets. -a prior period adjustment was included on form 990, part xi. -form 990, part iv, lines 11f & 12a were marked yes as a result of the completed financial statements. -form 990, part xii, line 2b, and 2c were marked yes. -form 990, schedule a was amended for changes to the statement of revenue. -form 990, schedule b was amended. -form 990, schedule d, part v was amended as a result of the completed financial statements. -form 990, schedule d, part x, line 2 was marked yes, and a description was included on part xiii. -form 990, schedule d, parts xi & xii were completed. -form 990, schedule g was amended for additional special event expenses.”

“Other professional fees : program service expenses 130,750. Management and general expenses 28,731. Fundraising expenses 0. Total expenses 159,481.”