Academy of the Lost Arts Inc.

“A draft of the Form 990 was prepared and reviewed by the organization's officers. It was then shared with the Board of Directors prior to filing. Board members were given the opportunity to ask questions and provide feedback before the return was submitted to the IRS.”

“The organization requires all directors and officers to complete and sign a conflict of interest disclosure annually. Any potential conflicts are reviewed by the Board of Directors. When a conflict is identified, the affected individual must recuse themselves from related discussions and decisions. These procedures are documented in meeting minutes to ensure transparency and compliance with the organization's conflict of interest policy.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Requests can be submitted via email or mail using the contact information provided on the organization's website. In addition, the organization's Form 990 is available to the public through the IRS and other nonprofit transparency websites such as GuideStar (Candid).”

“In 2025, the organization purchased real estate to serve as the future home of its nature-based preschool and retreat programs. It worked with an architect to design the main Learning Center building and paid taxes and fees related to the real estate purchase. These efforts support the long-term goal of offering year-round, nature-immersive early childhood education grounded in outdoor, play-based learning.”

“These expenses include: Board Meeting meal: $99; Architectural services: $29835; Tree trimming: $10,300; Bank fees: $584;”

“Purchase of Real property valued at $679322 (2840 Cox Ridge Drive, Westminster, MD 21157)”