Naral Pro-Choice Missouri Foundation

“Pt. I - Expenses shared with a 501(c)(4) organization - The organization shares personnel and overhead costs with NARAL Pro-Choice Missouri (NARAL). The organization reimburses NARAL for its share of the costs based on time spent on its projects compared to total time spent by staff or other reasonable method. Since the employees' salaries/wages are reported under NARAL's Federal ID number, this organization does not file payroll tax returns or W-2's using its Federal ID number even though its share of personnel costs are included on this 990EZ.”

“Pt. I, line 18 - At 3/31/15 the net assets were allocated as follows: Temporarily restricted - $10,943 and unrestricted - $61,613. The temporarily restricted amount represents grant revenue required to be recorded for accounting purposes while the related expenses won't be incurred/recorded until the following year. Consequently the deficit doesn't represent the actual net revenue/loss for the fiscal year.”

“Pt. I, line 6d - More often than not, there is a loss on line 6d since the fair market value of tickets and other event revenue (raffles, etc.) is less than the direct costs. Expenses for postage and printing of invitations, program printing, and other costs are not part of the FMV of the ticket price so become expenses not offset by revenue on line 6b. If you include the contributions received for the event on line 6b of $37,568, you'll see that the contributions (sponsorships, ticket prices in excess of FMV of the value received, etc.) plus the other revenue are more than the event costs. Contributions must be separated from FMV of tickets per 990 instructions as part of the public support test on Schedule A, page 2.”

“In column c next to the executive director's name, there's no salary noted since it was paid by and reported on her W-2 with NARAL's Federal ID number (see comment above). However the salary reimbursed to NARAL based on work done for the organization for the fiscal year was $44,170.”

“Pt. VI, line 49a - The organization is the subsidiary of the parent organization (per Schedule R definition)of NARAL Pro-Choice Missouri.”

“Pg. 1, question B - This amended return includes changes in Parts I, II, III, and IV. Amounts in parts I and II are revised on this 990EZ due to the proper allocation of revenue for the year and of expenses between the organization and another tax-exempt organization with whom expenses are shared. The total of program expenses in Part III changed from the original return due to the changes noted above. There were several revisions in the board members listed in Part IV.”

“Information technology 957. Dues 269. Meetings 3994. Education 454. Outreach - social media, tabling, etc. 1581. Equipment rental/maintenance 2115. Supplies 2042. Other 85. Depreciation 330.”

“Promises to give 1475. 0. Prepaid expense 3000. 3000. Due from other exempt organization 60754. 6057.”

“Accounts payable 2000. 0.”