Creamos Norte

“The Board Treasurer will review the 990 prior to filing.”

“Compliance is monitored through regular oversight by the Executive Director, Board of Directors and program leads. POloicies were reviewed during onboarding, reinforced in team meetings, and updates were shared organization-wide. The Board reviewed key areas annually, and internal checks helped ensure adherence across financial and operational practices.”

“Board of Directors salary committee reviews comparability data of similar organzations to determine compensation of officers.”

“Documents are available upon request.”

“The amended 990 is to correct errors regarding accrual of expenses that were made in error. The changes to the 990 by the 990 are as follows. Form 990, Part I, Summary. Line 15, salaries, other compensation and employee benefits, decreases by 6,743, from 110,192 to 103,449. Line 17, other expenses, decreases by 4,237, from 67,908 to 63,671. Line 18, total expenses, decreases by 10,980, from 758,100 to 747,120. Line 19, revenue less expenses, increases by 10,980, from -31,399 to -20,419. Line 20, total assets, increases by 27, from 111,726 to 111,753. Line 21, total liabilities, decreases by 10,953, from 13,526 to 2,573. Line 22, net assets, increases by 10,980, from 98,200 to 109,180. Form 990, Part III, Statement of Program Service Expenses. Line 4a, program service accomplishment expenses, decreases by 8,784, from 722,480 to 713,696. Line 4e, total program service expenses, decreases by 8,784, from 722,480 to 713,696. Form 990, Part IX, Statement of Functional Expenses. Line 8(A), pension plan accruals and contributions, decreases by 6,743, from 6,743 to 0. Line 11c(A), accounting, decreases by 690, from 1,000 to 310. Line 14(A), information technology, decreases by 27, from 16,040 to 16,013. Line 23(A), insurance, decreases by 3,520, from 13,971 to 10,451. Line 25, total functional expenses, decreases by 10,980, from 758,100 to 747,120. Form 990, Part X, Balance Sheet. Line 1(B), cash - end of year, increases by 27, from 81,014 to 81,041. Line 16(B), total assets - end of year, increases by 27, from 111,726 to 111,753. Line 17(B), accounts payable and accrued expenses, decreases by 10,953, from 13,526 to 2,573. Line 26, total liabilities, decreases by 10,953, from 13,526 to 2,573. Line 27, net assets without donor restrictions, increases by 10,980, from 98,200 to 109,180. Line 32, total net assets, increases by 10,980, from 98,200 to 109,180. Line 33, total liabilities and net assets, increases by 27, from 111,726 to 111,753. Form 990, Part XI, Reconciliation of Net Assets. Line 2, total expenses, decreases by 10,980, from 758,100 to 747,120. Line 3, revenue less expenses, increases by 10,980, from -31,399 to -20,419. Line 10, net assets at end of year, increases by 10,980, from 98,200 to 109,180.”