Meals at Home

“A draft of the form 990 is available for review by the finance committee prior to the due date. The committee conducts a big-picture review. Once the review is completed, the committee discusses any questions, comments, and suggested revisions with the preparer. The preparer then makes any revisions necessary. All questions, comments, and suggested revisions are to be documented with any responses from the preparer. After the form 990 has been reviewed and filed with the internal revenue service, the committee will make a presentation at the next full board of directors meeting to update the full board regarding its review of the form 990. It is not required to review all of the questions, comments, and suggested revisions; a summary of the more important points is sufficient.”

“Board members have instituted a procedure that each member must complete a conflict of interest policy questionnaire annually.”

“The governing documents, policies, and financial statements are available upon request.”

“The board asumes responsibility for oversight of the audit of its financial statements and selection of the independent accountant.”

“The 2020 federal form 990 was filed with the draft information. Certain information was incomplete and an amended return is deemed necessary in order to provide accurate information. Below are the corrections reflected on the amended 2020 federal form 990. Form 990 page 1, part i summary 16b total fundraising expenses 45,229 from 45,651 17 other expenses 612,356 from 611,892 18 total expenses 993,138 from 992,674 19 revenue less expenses -37,861 from -37,397 20 total assets 544,284 from 451,142 21 total liabilities 264,274 from 170,668 22 net assets or fund balances 280,010 from 280,474 form 990 page 2, part iii statement of program service accomplishments 4e total program service expenses 565,393 from 568,560 form 990 page 10, part ix statement of functional expenses 14 information technology (a) 20,063 (b) 12,038 (c) 6,420 (d) 1,605 from (a) 48,626 (b) 29,176 (c) 15,560 (d) 3,890 22 depreciation, depletion, and amortization (a) 60,977 (b) 36,586 (c) 19,513 (d) 4,878 from (a) 37,692 (b) 22,615 (c) 12,062 (d) 3,015 24d other expenses (a) 18,052 (c) 18,052 from (a) 12,310 (c) 12,310 25 total functional expenses (a) 993,138 (b) 565,393 (c) 382,516 (d) 45,229 from (a)992,674 (b) 568,560 (c) 378,463 (d) 45,651 form 990 page 11, part x balance sheet 10a land, buildings, and equipment: cost or other basis $397,578 from 281,151 10b less: accumulated depreciation 70,041 from 46,756 10c (b) end of year 327,537 from 234,395 16 total assets (b) end of year 544,284 from 451,142 24 other liabilities (b) end of year 159,983 from 66,377 26 total liabilities (b) end of year 264,274 from 170,668 27 net assets without donor restrictions (b) end of year 241,006 from 241,470 32 total net assets or fund balances (b) end of year 280,010 from 280,474 33 total liabilities and net assets/fund balances (b) end of year 544,284 from 451,142 form 990 page 12, part xi reconcilation of net assets 2 total expenses 993,138 from 992,674 3 revenue less expenses -37,861 from -37,397 10 net assets or fund balances at end of year 280,010 from 280,474 schedule d, page 2, part vi land, buildings, and equipment d equipment (b) cost or other basis (other) 124,381 from 7,954 (c) accumulated depreciation 30,118 from 6,833 (d) book value 94,263 from 1,121 total (d) book value 327,537 from 234,395 schedule d, page 3, part x other liabilities 1(3) capital lease obligations (b) book value 93,606 from 0 1 total (b) book value 159,983 from 66,377 schedule d, page 4, part xii reconciliation of expenses per audited financial statements with expenses per return 1 and 3 total expenses and losses per audited financial statements 992,498 from 992,034 5 total expenses 993,138 from 992,674”