Next Level Select Equal Opportunity Alliance Inc

Schedule O:

“Part I, Line 16 ? Other Expenses Line 16 ? Other Expenses: During the fiscal year, the organization incurred $12,472 in expenses to support early-stage operations. These included costs related to outreach, marketing, community engagement, travel for organizational activities, startup administrative costs, and program development. All expenses were funded personally by the organizations founders, as the organization received no outside grants or funding during the year. ? Part II, Line 26 ? Total Liabilities Line 26 ? Total Liabilities: The $12,472 listed as liabilities represents unreimbursed personal expenditures made by the founders on behalf of the organization. These funds were used to launch and operate the organization and are being treated as internal, non-interest-bearing obligations. No formal loan agreements or third-party debts exist, and there are no expectations of repayment at this time. ? Additional Optional Statement (if space allows): The organization is in its startup phase and is working to become fully compliant with all IRS requirements in order to qualify for future public funding. This is the organizations first Form 990-EZ filing, and it is submitted to establish transparency and fulfill the requirements for recognition as a publicly supported nonprofit.”