Make IT Light

“For the tax year ending December 31, 2024, the organization made an accounting adjustment in accordance with generally accepted accounting principles (GAAP) and IRS Form 990 instructions. In prior years, the organization reported certain assets at estimated fair market value. Beginning in the 2024 tax year, these assets are now reported at historical cost less accumulated depreciation. This correction more accurately reflects the organization's financial position and aligns with standard nonprofit accounting practices. Real property assets were reduced using the 27.5 year life expectancy method, other assets were reduced in value by depreciation using the 5 year life expectancy method. This change reflects a restatement of asset values and does not represent a disposal, loss, or reduction in the physical property held by the organization. The organization believes this change improves the consistency and compliance of its financial reporting.”

“Our mission is to provide the highest possible quality of life for members of our community who live with physical, mental, emotional, or medical disabilities throughout their lives - regardless of age, socioeconomic status, ethnicity, gender identity, sexual orientation, or any other factor.”