Mansion Memories

“Completed 990 was presented to the Board for review prior to filing”

“To ensure the Organization operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following subjects:a. Whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arms length bargaining.b. Whether partnerships, joint ventures, and arrangements with management organizations conform to the Organizations written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurnment, impermissible private benefit or in an excess benefit transaction”

“Governing documents are available for viewing upon request”

“We are amending the return to update numbers and allocate income and expenses in the correct category for program and general. See below for details.Part 1 Line 8 Current Year: Contributions and grants updated to reflect correct amount.Part 1 Line 9 Current Year: Program service revenue updated to reflect correct amount.Part 1 Line 17 Current Year: Other Expenses updated to reflect correct amount.Part 1 Line 20 Current Year: Total assets updated to reflect correct amount.Part III Line 4a Expenses: Updated to reflect correct amount. Part III Line 4a Revenue: Updated to reflect correct amount. Part III Line 4e Total program service expenses: Updated to reflect correct amount. Part VI Section C. Disclosure: The bookkeeper changed. Part VIII Line 1e Government Grants: Changed to $0 as this was not meant to be there on the original return. Part VIII Line 1f All other contributions, gifts, grants, and similar amounts: Updated to reflect the correct amount. Part VIII Line 1g Noncash contributions: Updated to reflect the correct amount. Part VIII Line 2a Annual program revenue: Updated to reflect the correct amount. Part IX Columns b and c: updated the allocation for program and management expenses.Schedule B: There was a requirement for Schedule B but it wasnt attached to the originally filed return. It is now completed and attached to the amended return.”

“Program expensesOutside Services 2137Management and AdminPayroll expense 750”

“Program expensesEnsemble expenses 4636Volunteer relations 1428Entertainment 600Craft 497Dues and subscriptions 1398Printing and copying 220Food 7315Total 16273Management and Admin expensesOther services 160Misc 208Total 368”