Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: BANK FEES. AMOUNT: 980. DESCRIPTION: INSURANCE. AMOUNT: 548. TOTAL TO FORM 990-EZ, LINE 16: 1,528. |
| FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS | DESCRIPTION: CREDIT CARD PROCESSING RESERVE. BEG. OF YEAR AMOUNT: 265. END OF YEAR AMOUNT: 265. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 25,175. END OF YEAR AMOUNT: 18,036. DESCRIPTION: ESCROW ACCOUNT LIABILITY. BEG. OF YEAR AMOUNT: 390. END OF YEAR AMOUNT: 390. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 44,192. END OF YEAR AMOUNT: 30,345. DESCRIPTION: DEFERRED REVENUE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 8,500. |
| FORM 990-EZ, PART IV - ADDITIONAL INFORMATION | BIOMASS THERMAL ENERGY COUNCIL (BTEC) CONTRACTS WITH TECHNOLOGY TRANSITION CORPORATION, A FOR-PROFIT BUSINESS IN WASHINGTON, DC, FOR MANAGEMENT SERVICES TO THE ORGANIZATION. IN THE CALENDAR YEAR ENDED DECEMBER 31, 2020, BTEC PAID TTC $44,430 FOR TECHNICAL AND ADMINISTRATIVE SERVICES. JEFF SERFASS, PRESIDENT AND SHAREHOLDER OF TTC, SERVED AS EXECUTIVE DIRECTOR OF BTEC. THE MANAGEMENT FEE ATTRIBUTABLE TO SERVICES PROVIDED BY MR. SERFASS FOR THE YEAR WAS $630. |
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