Northfield Youth Choirs Inc

“Expenses advertising 845 supplies 120 telephone/internet 1,604 office expense 892 payment processing fees 503 website 490 tour expenses 14,180 transportation expenses 7,170 insurance 2,494 entry fees 445 food 3,908 gifts 1,176 music 2,721 choir supplies 3,232 filing fee 25 uniforms 2,157 bookkeeping payment fees 2,036 banking fees 36 equipment repair and main 1,912 non-investment depreciation 337 total 46,283”

“Prior period adjustment 0 2023 payroll asset adjustment -5,020 2022 payroll asset adjustment -4,738 an incorrect payroll accrual balance adjustment created an overreporting of assets by increasing a prepaid wages asset. The wage expense was underreported in both years and the net assets and prepaid wage asset have been adjusted byt the amounts listed below. The 2022 fiscal year had underreported salaries and wage expense of 4,738.44 and overeported prepaid wage asset by 4738. The 2023 fiscal year had underreported salaries and wage expense of 5020, and overreported prepaid wage asset by 5020.”

“Accounts receivable 5,347 2,184 4,918 4,918 less accumulated depreciation 4,074 4,411 undeposited funds 3,059 2,750 payroll asset 9,687 0 total 18,937 5,441”

“WAGES PAYABLE 0 651”

“The purpose of the organization shall be charitable and educational. The mission is to provide the finest choral education possible in an environment that challenges and affirms all members, children through adults.”