Naral Pro-Choice Missouri Foundation

“Pt.IX - 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 990.”

“Pt.X, line 27 and 28 - At 3/31/16 the net assets were allocated as follows: Temporarily restricted - $154,785 and unrestricted - $23,205. The temporarily restricted amount represented grant revenue required to be recorded for accounting purposes for which the related expenses would be incurred/recorded in the following year. There were two sizeable grants awarded in the last month of the previous fiscal year ($140,000)for which only $135 was spent by March 31, 2016. The remainder of the expenses were incurred in this fiscal year. Due to this accounting requirement, the Change in Net Assets at the previous fiscal year-end included the revenue without the related expenses. The expenses were reported in this fiscal year - the expenses were reported without the related revenue. This was a significant timing difference for accounting purposes. At 3/31/17 the Temporarily Restricted Net Assets was only $31,027.”

“Pt. VII - In column D 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 this organization for the fiscal year was $49,026 and is reported in Pt. IX, line 5.”

“Pt. IV, line 36 - The organization is the subsidiary of the parent organization (per Schedule R definition)of NARAL Pro-Choice Missouri. See Sch. R for details.”

“The 990 draft was emailed to board members with a request that each member respond during a comment period with either an approval or with additions/corrections. Responses, if any, were then summarized and any changes forwarded to the tax preparer for inclusion in the final return.”

“Board members reviewed compensation of executive directors of not-for-profit organizations in the metropolitan area with similar annual revenues and personnel to determine that compensation was reasonable and comparable.”

“The executive director determined through discussions with other E.D.'s and community members that the compensation for staff was reasonable and comparable.”

“Our governing documents and 990's are available to the public on request and on Guidestar and possibly other websites.”

“Due to the small number of board members, all are involved in the process of selecting the independent accountant and monitoring the financial statements and related 990 for the year.”

“Pt.VI(12a)- The board is currently reviewing several samples of the policy and will adopt one in the very near future.”

“Information technology”

“Dues”

“Meetings”

“Education”

“Outreach - social media, tabling, etc.”

“Equipment rental/maintenance”

“Supplies”

“Other”

“Promises to give”

“Prepaid expense”

“Due from other exempt organization”

“Accounts payable”