Arga Nova Dance

“Beckles Dancing Companys program service expenses include all costs associated with community-based dance performances, educational programs, and artist development initiatives. Scholarships, tuition assistance, and fee waivers are embedded within program expenses and are not reported as separate grants. Program services directly served approximately 840 audience members and participants. Line 16, Other expenses, includes administrative costs such as website, software subscriptions, bank fees, tax preparation, directors & officers insurance, general liability insurance, and miscellaneous administrative expenses. All reporting is on a cash basis. Beginning balances for assets and net assets are zero because the prior year was filed as a 990-N postcard. All figures reconcile with Part I, Line 17 (Total Expenses) and Part II, Line 27 (Net Assets).”

“Beginning Balances The organization filed Form 990-N for the fiscal year ended August 31, 2023. Because Form 990-N does not require balance sheet reporting, beginning balances for fiscal year 20232024 are reported as zero. The organization reports on the cash basis of accounting. Net Asset Reconciliation The organizations end-of-year net assets equal the net increase reported on Part I, Line 21. Beginning net assets of $0 plus the current year change in net assets of $10,005 equals ending net assets of $10,005. Line 24 Other Assets The organization did not hold capitalized fixed assets or other reportable assets at year end. Line 26 Total Liabilities The organization had no outstanding liabilities at the end of the fiscal year.”

“Dedra Brent served as Managing Director during the fiscal year and received $22,074 in compensation reported on Form 1099-MISC. Compensation was paid for management and administrative services provided to the organization. The Managing Director is treated as an independent contractor and does not receive health benefits, retirement contributions, deferred compensation, or other fringe benefits from the organization. Compensation arrangements are reviewed and approved by the Board of Directors and are determined to be reasonable for services rendered based on the organizations size, budget, and comparable nonprofit compensation practices.”

“Beckles Dancing Company is filing this amended 2023 Form 990-EZ to correct Schedule A public support calculations and related public charity classification. No changes were made to the organizations mission, governance, or program activities. Financial information has been updated as reflected in this filing to ensure accurate reporting.”