Unleash Your Inner Worth

“LINE 1 - CONTRIBUTIONS All funds received in 2024 totaling $2,410 were event pre-sale amounts collected by the founder prior to the organization's legal formation in October 2024. These funds were personal funds held in trust for the future event and were transferred to the organization after incorporation. Because the nonprofit did not legally exist at the time the sales occurred, these amounts are reported as contributions rather than fundraising income. LINE 6 - FUNDRAISING EVENTS No fundraising events were conducted by the organization in 2024. Event ticket sales collected prior to incorporation are not reported as nonprofit event revenue. Accordingly, Lines 6a through 6d are reported as zero. BALANCE SHEET - LINE 26 (LIABILITIES) A loan payable to an officer in the amount of $1,888 represents personal funds advanced by the founder to cover organizational and event-related expenses. These expenditures were paid out-of-pocket before and after incorporation. Formal board acknowledgment and approval of this loan will occur in 2025.”

“The liability reported on Line 26 consists of funds advanced by the founder to pay organizational and event-related expenses on behalf of Unleash Your Inner Worth, Inc. prior to and shortly after its legal formation in October 2024. These payments, totaling $1,888, were made personally by the officer to cover administrative costs, branding, and deposits for future program activities. The organization held no fundraising events in 2024, and no reimbursement was made during the tax year. As of December 31, 2024, the full amount of $1,888 remained outstanding as a year-end liability owed to the officer. Formal board acknowledgment and approval of this loan will occur during 2025.”