Clement Arts

“Travel 469”

“Meals and entertainment 1,271”

“Conferences, conventions, and meetings 2,059”

“Payroll taxes 10,827”

“Donor engagement and marketing 4,471”

“Events and activities 26,762”

“Insurance 475”

“Other taxes and licenses 1,371”

“Website 2,961”

“Clement Arts began its adoption and foster care ministry in 2012. In the past ten years, the annual return was filed using Form 990-EZ because its gross proceeds were under 200,000. However, in 2020, applications for financial assistance were filed with several other non-profits See Schedule B and the addtional ministry income caused the expanded Form 990 to be filed, both for 2020 and the current year as well. With income below 200,000, the ministry is using the shorter form for 2022.”

“The board of Clement Arts includes members with a very diverse and educational background, including a brokerage mangement firm and a corporate attorney.”

“From its start, Clement Arts adopted a Conflict of Interest policy consistent with the policy recommended by the Internal Revenue Service.”

“The CPA for Clement Arts has been the same since inception Jerry Scarborough. He is available during the year to help answer any questions and to assist where needed with accounting and tax questions. For the year 2022, the ministry engaged a separate accounting firm to perform a compilation thereby offering more credibility in the integrity of the financials.”

“The ministry uses a payroll tax service to handle all aspects of payroll, including payroll tax deposits, filing of quarterly reports with the Internal Revenue Service and State of Georgia, and preparation of Forms W-2 at year end.”

“Clement Arts utilizes professional musicians and others to assist in their adoption and foster care ministries. Where required, all forms 1099 were completed in January of 2022 and mailed to the recipients.”