MID-South Environmental Balancing

“OTHER INCOME $1265”

“Advertising and Promotion $2229”

“Office Expenses $1539”

“Travel $6000”

“Conferences, Conventions, and Meetings $5758”

“PRACTICAL EXAM $4867”

“ACCREDIDATION $1200”

“Prepaid Expenses and Deferred Charges - Beginning $12838 Prepaid Expenses and Deferred Charges - Ending $0”

“Deferred Revenue - Beginning $57461 Deferred Revenue - Ending $0”

“During the ten months ended July 31, 2025, the Organization changed its fiscal year-end from September 30 to July 31, resulting in financial statements for a ten-month period. In addition, during the ten months ended July 31, 2025, the Organization changed its basis of accounting from the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America to the cash basis of accounting, which is a special purpose framework.Under the accrual basis of accounting, revenues were recognized when earned and expenses were recognized when incurred. Under the cash basis of accounting, revenues are recognized when cash is received and expenses are recognized when cash is disbursed.The change in basis of accounting has been applied prospectively beginning October 1, 2024, which coincides with the beginning of the ten-month fiscal period ended July 31, 2025. Financial statements for periods prior to the change have not been restated and continue to be presented on the accrual basis of accounting. Accordingly, the accompanying financial statements are not comparable to those of prior periods.The change in basis of accounting resulted in the exclusion of certain assets and liabilities previously recognized under the accrual basis of accounting, including accounts receivable, prepaid expenses, accounts payable, and accrued liabilities. The change did not affect cash and cash equivalents. Management believes that the cash basis of accounting provides financial statement users with information that is more relevant and meaningful for understanding the Organizations cash flows, liquidity, and stewardship of resources.”