Drcnet Foundation Inc.

“The organization shared most overhead expenses with a related 501(c)(4) organization, Drug Reform Coordination Network, and made transfers to that organization based on invoiced amounts calculated using hour-based cost-sharing allocations. Additionally, the lobbying expenditures listed above were made in the form of grants to this organization, which conducted the lobbying work using those funds.”

“$7,106 is interest on a loan made to a related nonprofit. $318 is a partial refund that we didn't expect, from a past worker's compensation policy.”

“$12,948.96 is a direct lobbying allocation under 501(h), made as a grant to a related 501(c)(4) nonprofit. $4,606.32 is a grassroots lobbying allocation under 501(h), made as a grant to the same related nonprofit.”

“Description;Amount^Accounting;242|Bank Service Charges;738|Books and Research;237|Conference Expenses;127|Contributions;870|Credit Card Merchant Fees;2918|Depreciation;175|Directors and Officers Insurance;3950|Dues and Subscriptions;367|Liability and Property Insurance;1397|Licenses and Permits;280|Local Travel;73|Meals;554|Membership Premiums;672|Miscellaneous;225|Office Supplies;111|Payroll Administration;1469|Travel;4369|Unrelated Business Income Tax;170|Web Site Design;215|Web Site Hosting;1104^Total;20263^”

“$45,065 is a writeoff of a funds lent to a related nonprofit organization between 2006 and 2011. Due to changes in the economy and the funding structure in our field, the organization became unable to ever pay the debt. The remaining $1,010 consists of minor accounting adjustments and corrections to some past-year journal entries that were mis-entered as assets rather than expenses.”

“Description;EOY Amount^Membership Premiums;902|Computer Software;207|Computer Equipment;899^Total;2008^”

“Description;EOY Amount^accounts payable;1527|employee reimbursements owed;2381|loans;2079|officer loans;7537|payroll liabilities;20994^Total;34518^”