Morballet Inc

“The organizations form 990 was prepared by an independent cpa and reviewed in accordance with the standards required for new york state charities bureau char500 filings. Specifically, morballet inc engaged a licensed cpa to conduct a financial statement review under aicpa ssars ar-c section 90, which provides limited assurance that the financial statements are free of material misstatement and conform to generally accepted accounting principles (gaap).the review process included:execution of a review engagement letter outlining the scope of services. Completion of a management representation letter affirming responsibility for the financial statements and internal controls.performance of inquiries and analytical procedures by the cpa to assess the accuracy and consistency of financial reporting.preparation of a cpa review report identifying the financial statements reviewed and the fiscal period covered.inclusion of accompanying notes to the financial statements explaining accounting policies and significant transactions. The reviewed financial statements and cpa review report were finalized and uploaded to the new york charities bureaus char500 portal in compliance with the electronic filing mandate effective september 19, 2022. The governing body of morballet inc received a complete copy of the form 990 prior to its submission and approved its contents. The organization maintains written policies for conflict of interest, whistleblower protection, and document retention, and ensures compliance through annual disclosures and board oversight.”

“No review was or will be conducted.”

“No documents available to the public”

“To execute season productions and community education, mordance relies on professional services that are integral to program delivery and compliance: production/technical contractors, legal review of performance and licensing agreements, accounting/reporting to meet grantor and regulatory standards, and it services to manage ticketing and outreach. Comprehensive insurance (general liability, participant accident, workers compensation, and directors & officers) protected participants and venues and satisfied venue and grant requirements. These costs are necessary inputs to present safe, high-quality performances and classes and to maintain uninterrupted program operations.”

“Part xi reconciliation of net assets. The 12,076 reported on part xi reflects opening balance adjustments and presentation differences between the filed 2023 form 990 and the 2024 financial statements. These items do not affect the 2024 change in net assets per books. Beginning net assets of 22,143 reconcile to ending net assets of 30,668 at 12/31/2024.”

“Morballet inc does not have a formal committee that assumes responsibility for oversight of the review of its financial statements or the selection of an independent accountant. Instead, this responsibility is carried out by the organization's executive director and treasurer. These officers jointly selected the independent accountant for the financial statement review engagement and coordinated the review process in accordance with applicable standards and regulatory requirements. The organization ensures that its financial statements are prepared in conformity with generally accepted accounting principles (gaap) and that the review is conducted by a licensed cpa in compliance with aicpa ssars guidelines.”