Skipping Stones

“The grant was paid to Eugene-Springfield Branch of the NAACP for their charitable and educational work as a part of our joint agreement of fiscal sponsorship of the Eugene-Springfield branch by Skipping Stones.”

“These are misc. expenses like Dues and fees, bank charges, refunds, etc.”

“Inventory of back issues, and office machines such as the computer, copy machine, etc.”

“The liabilities are the unfulfilled portions of our paid subscribers' issues. Since we have stopped seeking new subscribers, and we published only two issues in 2021, our estimate of the liability to the paid subscribers is $5000. This amount represent the expenses we would incur to fulfill our obligation to these subscribers.”

“These are estimates of expenses that can be attributed to the various program services listed here. Since we have only one paid staff, we do not keep a record of the expenses by various program services; rather we keep track of the expenses by the various expense categories-rent, printing, postage, salaries, taxes, etc. But the numbers shown are reasonable estimates. Line 31 shows an expense of $1,810 which was the amount granted to the Eugene-Springfield Branch of the NAACP. The money was used by the organization to work on their mission and vision that includes promoting cultural awareness, education, confidence building in youth of color and minorities. The money came from a grant of $2,000 that we received from a foundation and it was ear-marked for this particular group.”

“As per our bylaws, the executive editor is also a board member. He works full time--40 hours a week. He receives an annual salary and retirement benefits as shown in the list.”

“In 2021, we did not receive any non-cash contribution to report on Schedule B. Hence Part II is left blank.”