Hope Creates

“Description: interest income. Amount: 9. Description: ppp loan proceeds. Amount: 6,250. Total to form 990-ez, line 8: 6,259. Total to form 990-ez, line 14: 7,543.”

“Description: depreciation. Amount: 600. Description: other expenses. Amount: 6,943.”

“Description: advertising. Amount: 282. Description: computer expense. Amount: 158. Description: dues and subscriptions. Amount: 7,410. Description: insurance - liability, d and o. Amount: 1,532. Description: meals & entertainment. Amount: 617. Description: miscellaneous. Amount: 2,846. Description: repairs and maintenance. Amount: 1,426. Description: travel. Amount: 1,987. Description: video production costs. Amount: 28,000. Description: food. Amount: 4,165. Description: marketing. Amount: 2,043. Description: program expense - other. Amount: 1,816. Description: fundraising expense - other. Amount: 2,665. Description: materials. Amount: 984. Total to form 990-ez, line 16: 55,931.”

“The organization is amending fye june 30, 2021 form 990 to include in kind donations, a change to the program expenses, and proper disclosure of fundraising activities. Below is a summary of the changes from the orignally filed return: part i, line 1: contributions increased by $42,812 part i, line 6b: fundraising event revenue increased by $14,050 as the amount deemed contributions from those events decreased to $77,022 part i, line 6c: direct expenses related to fundraising increased by $33,519 part i, line 8: other revenue decreased by $17,655 as that grant income is now properly recorded on line 1 part i, line 12: increased to include payroll taxes of $2,442 part i, line 13: increased to properly break out professional fees of $1,801 part i, line 14: rent and depreciation are now included on this line instead of other expenses - $7,543 part i, line 15: various expenses reclassed from other expenses to this category - $3,109 part i, line 16: other expenses decreased by $25,004 due to reclassifications part ii, line 22: a correction to the cash balance caused the cash amount to decrease by $600 part ii, line 24: prepaid expenses, inventory and fixed assets were corrected and increased other assets by $15,576 part ii, line 27: the combination of all the adjustments described above caused an increase to net assets of $14,977 part iii, lines 28-32: due to reallocations and expense category corrections, the three largest program expense amounts increased to properly reflect their cost. The total program costs increased by $60,553”

“Description: prepaid expenses. Beg. Of year amount: 0. End of year amount: 6,266. Description: merchandise for sale. Beg. Of year amount: 0. End of year amount: 5,250. Description: supplies and materials. Beg. Of year amount: 0. End of year amount: 6,417. Description: other depreciable assets. Beg. Of year amount: 0. End of year amount: 1,200.”

“Description: ppp loan. Beg. Of year amount: 6,250. End of year amount: 7,030. Description: payroll liabilities. Beg. Of year amount: 737. End of year amount: 847. Description: visa credit card. Beg. Of year amount: 0. End of year amount: 426.”