Morris Young Legacy House Inc.

“Line 10: The organization did not issue any grants or financial assistance awards during the fiscal year. All disbursements were for direct services or volunteer reimbursements, which are reported under program and administrative expenses in Part II.”

“Line 16 Other Expenses: Expenses include meals and refreshments for volunteer meetings and community events (e.g., DoorDash and local restaurants), transportation assistance for participants, printing and signage costs not covered in Line 15, software subscriptions (e.g., Google Workspace, GoDaddy), general office supplies, community incentives, and small-scale reimbursements to staff and volunteers for program-related costs. These expenses directly supported the organizations operations, outreach efforts, and the delivery of mental health and life skills services during the fiscal year.”

“Line 20 Other Changes in Net Assets: No other changes in net assets or fund balances occurred during the fiscal year beyond what was reported in total revenue and total expenses.”

“Line 1: The organization received a $70,000 grant from CalMHSA/LA County Department of Mental Health and a $5,000 grant from the Goodwin Family Memorial Trust. The remaining revenue came from community donations and fundraising activities conducted via platforms such as Eventbrite, Stripe, and Venmo. Line 6: Gross receipts from fundraising events totaled $2,319. Direct expenses related to these eventsincluding food vendors, printing, entertainment, and a portion of venue rentalwere approximately $2,000. Line 8: No other sources of revenue were earned during the fiscal year. The organization does not sell merchandise or hold inventory. Schedule B is attached and includes one contributorthe Goodwin Family Memorial Trustwho donated $5,000 during the fiscal year.”

“Line 24 Other Assets: The organization did not hold any other tangible or intangible assets at the beginning or end of the fiscal year.”

“Line 26 Total Liabilities: The organization had no outstanding liabilities at the beginning or end of the fiscal year. All operating and program expenses were paid in full during the year.”

“Schedule B In-Kind Contributions (Part II): During the fiscal year ending June 30, 2025, MYLH received an estimated $37,600 in noncash contributions from eight volunteer mentors and service partners. Each contributor provided professional time valued at $100 per week for 50 weeks, totaling $5,000 per person or less. One contributor provided a partial year of support totaling approximately $2,600. Services included mentorship, administrative support, wellness programming, and community education. These contributions directly supported MYLHs exempt purpose. Valuations were based on conservative fair market estimates for similar professional services and did not exceed $5,000 per contributor, allowing the group to be reported as a single NONCASH contributor on Schedule B.”