Moving Out Inc.

“The organization maintains security deposits as required by state law.”

“The organization is a nonprofit corporation, incorporated under the wisconsin nonstock corporation law (chapter 181 of the wisconsin statutes). The organization is exempt from income taxes under section 501(c)(3) of the internal revenue code and did not have any unrelated business income for the years ended december 31, 2023 and 2022. The organization is required to file and does file tax returns with the irs and other taxing authorities. Management has analyzed the tax positions taken by the organization and has concluded that, as of december 31, 2023 and 2022, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. Accordingly, these financial statements do not reflect a provision for income taxes and the organization has no other tax positions which must be considered for disclosure. Income tax returns filed by the organization are subject to examination by the irs for a period of three years. While no income tax returns are currently being examined by the irs, tax years since 2020 remain open. North lawn, hilton, eldorado, cameron, midvale, brian, watts, maple valley, prospect, marcy, marcia, troy, 18th, macarthur, stoughton, stonebridge ii, crest line, 420 grant, ponwood, and movin' out development are limited liability companies. The net income or loss of limited liability companies is passed through and taxed to the owners. The income earned by movin' out from its ownership of the llc's is in accordance with movin' out's tax-exempt purpose and therefore is not taxable income to movin' out. Certain subsidiaries of the organization are disregarded entity for income tax purposes and do not file income tax returns. Taxable income or loss passes through to the sole member to be reported on its tax returns. These subsidiaries do not take any tax positions which must be considered for disclosure. Accordingly, these consolidated financial statements do not reflect a provision for income taxes.”

“Related organization revenue 327,103. Intercompany eliminations 183,755.”

“Related organization expenses 547,420. Intercompany eliminations -58,294.”