Northfields Human Services

“Bldg rent income (see sch o) 20,890 scrap metal sales 1,948 total 22,838”

“Expenses advertising 1,000 office expenses 1,700 interest expense 3 insurance 8,630 fuel 6,181 repairs and maintenance 1,407 dues & memberships 30 employee relations 732 food bank expenses 904 landscaping 1,748 meals - volunteers 1,347 penalties & fines 33 taxes 997 telephone 2,200 utilities 5,304 non-investment depreciation 6,944 total 39,160”

“Prior period adjustments 13,260 during the audit for the year ended 9/30/15, it was discovered that certain receivables were not recorded for the year ended 9/30/14. A prior period adjustment was made to correct this.”

“Accounts receivable 0 13,769 prepaid expenses and deferred charges 383 383 food bank equipment 7,824 7,824 less accumulated depreciation 5,174 6,739 office equipment 21,216 21,216 less accumulated depreciation 21,216 21,216 storage shed 2,670 2,670 less accumulated depreciation 489 1,024 vehicles 113,696 113,696 less accumulated depreciation 113,696 113,696 total 5,214 16,883”

“Accounts payable and accrued expenses 2,056 37”

“Northfield's human services provides non-emergency transportation, food, assistance, and information referrals to low income, disadvantaged, handicapped, seniors, and other in need in northfield township and the surrounding whitmore lake, michigan areas.”

“The building rent income is received from people's express inc., a tax- exempt 501(c)3 organization (ein: 13-4360351), that is related to northfield's human services, inc. Through common control. (both organizations have the same board of directors and managing director.) people's express, inc. Operates out of the northfield human serivces, inc. Building. Because people's express, inc. Is a tax-exempt organization, no tax benefit is derived from its payment of rent to northfield's human services, inc. Therefore, northfield's human services does not have taxable unrelated business income.”