A Step Beyond

“Family relationship - Frank Foster and Janet Foster Family relationship - Dan and Leslie O'Connell Family relationship - Jay and Leslie Culbertson Family relationship - Dan and Bonnie Platt”

“This line was answered no because the organization did not have any committees with authority to act on behalf of the governing body as of the end of the reporting period.”

“Form 990 is prepared by an independent CPA firm, reviewed in detail by the organization's executive committee, and reviewed and approved by the organization's finance committee. The public disclosure copy of the Form 990 is then provided to the board of directors prior to filing with the IRS.”

“Board members and staff are annually asked to fill out a Conflict of Interest form which are reviewed by the CEO/Executive Director. An independent board member reviews the CEO/Executive Director's form. Transactions are monitored by leadership. Should any potential conflicts of interest be disclosed, the board member or officer would be asked to refrain from participation in any deliberation or decision with regard to matters affected by the relationship.”

“The organization does not compensate any officers or key employees. Therefore, these lines were answered no in accordance with the instructions.”

“The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request.”

“Tutoring: Program service expenses 35,521. Management and general expenses 0. Fundraising expenses 0. Total expenses 35,521. Dance Instructors: Program service expenses 33,663. Management and general expenses 0. Fundraising expenses 0. Total expenses 33,663. Other: Program service expenses 5,080. Management and general expenses 7,178. Fundraising expenses 20,064. Total expenses 32,322.”

“In accordance with the principles of FASB ASU 2016-14 (ASC 958), the organization has implemented required changes to its reviewed financial statements for the period ended 09/30/2019. The 2018 Form 990 and its associated schedules were not updated to reflect changes made by this standard. Thus, we have reported the revised net asset categories from the reviewed financial statements as follows on Form 990, Part X, Lines 27-29: Line 27 - Net assets without donor restrictions $1,800,498 Line 29 - Net assets with donor restrictions 8,030 --------- Total net assets $1,808,528”

“During the reporting period, the organization changed from the modified cash to the accrual basis of accouting. The organization's board assumes responsibility for oversight of the review of its financial statements and selection of its independent accountant. This process has not changed since the prior year.”