| Return Reference | Explanation |
|---|---|
| Form 990, Header, Line B | After an independent examination of our FY 2024 financial statements our consultants identified that our contractor incorrectly classified and reported several financial transactions. We have made the necessary corrections and have reissued our FY 2024 financial statements. This amended FY 2024 return reflects those adjustments. Changes to Lines 15, 17, 18, 19, and 20 are explained by schedule. Form 8822-B was filed to reflect the address stated on the return, which differs from the address when originally filed, the updated address was used. |
| Form 990, Part VI, Section B, Line 11b | The form 990 is prepared and a complete copy of the Form 990 is then reviewed by the Board of Directors prior to filing with the Internal Revenue Service. |
| Form 990, Part VI, Section B, Line 12c | All Board Members are required to disclose conflicts of Interest. The policy is monitored at the Board Level. Covered Individuals cannot vote on matters before the board when they have a conflict in the matter, in accordance with operating policy and procedure. If a covered person is found in violation of this policy, it is may be cause for removal from the Board of Directors. |
| Form 990, Part VI, Section C, Line 19 | For Michigan's Governing Documents, Conflict of Interest Policy, and Financial Reports are made available to the public upon request. |
| Form 990, Part VII, Section A, Line 1a | The Board of Directors is not compensated for their services. The Officer listed is paid by an unrelated organization (total compensation does not meet the reporting requirements), through a contract with For Michigan, the unrelated organization acts as the common paymaster, however, the Officers compensation is included with other management officalas on Part IX, Line 11a. |
| Form 990, Part IX, Line 7 | The amended total of line 7, other salaries and wages decreased by $3,852. After a review of the organization's financial statements, we identified that the operations contractor incorrectly booked one payroll as net pay vice gross pay. Entries to re-classify the expenditures to the correct expense line have been completed and we have re-issued the FY 2024 financial statements. |
| Form 990, Part IX, Line 9 | The amended total of line 9, other employee benefits decreased by $2,693.00.Health Insurance decreased $10,855. Employee plans were canceled in December 2024, however, the organization was billed and paid. A subsequent refund was received in 2025, however to accurately state expenses for 2024 a $5,864 expense reversal was necessary, and the establishment of a refund receivable. During our financial statement review we identified $4,992 in employee withholdings for health insurance that were not correctly credited against the organizations expense account. The contractor handling our operational work booked the total bill as an organizational expense. Entries to re-classify the expenditures to the correct expense line have been completed. The organizations operational contractor relied upon reports provided by the payroll provider to record employee benefits for mileage stipends, relocation stipends, and technological stipends. After a thorough financial review, we identified that the reports contained inaccuracies, resulting in an understatement of mileage stipends ($4,363), relocation stipends ($4,000) and an overstatement of ($200) in technological stipends. The amounts have been properly expensed and are reflected in our reissued 2024 financial statements. |
| Form 990, Part IX, Line 10 | The amended total of line 10, payroll taxes decreased by $1,760. After a review of the organization's financial statements, we found that the operations contractor had applied employees' payroll withholdings to the employer's payroll tax expense account. Entries to re-classify the expenditures to the correct expense line have been completed and we have re-issued the FY 2024 financial statements |
| Form 990, Part IX, Line 11g | Contract Staff Support - $120,327 Operations Contract Support - $68,350 Payroll Contract Support - $3,414 Other General Contracting Support - $36,832. The amended total for line 11G is decreased by $7 due to an entry error by the operations contractor. |
| Form 990, Part IX, Line 13 | Line 13 office expenses increased $1,232. After a review of our financial statements, we found that the operations contractor booked all employee reimbursements to an employee reimbursements line. The proper entries to reclassify the expenses has been performed and is reflected in our reissued FY 2024 financial statements. |
| Form 990, Part IX, Line 14 | Line 14 Information Technology increased by $1,412. After reviewing our financial statements, we found that the operations contractor booked $1,400 of reimbursements made to employees incorrectly. Additionally, we found a $12 software subscription that was incorrectly classified. Entries to re-classify the expenditures to the correct expense line have been completed and we have re-issued the FY 2024 financial statements. |
| Form 990, Part IX, Line 17 | Line 17 travel decreased $6,658. After reviewing our financial statements, we found that the operations contractor booked $7,018 in employee reimbursements incorrectly. These were offset by $360 in meals for employees in a travel status that were incorrectly classified. Entries to re-classify the expenditures to the correct expense line have been completed and we have re-issued the FY 2024 financial statements. |
| Form 990, Part IX, Line 19 | Line 19 conferences, conventions, and meetings decreased by $525. After reviewing our financial statements, we found that the operations contractor incorrectly booked mileage reimbursements. Entries to re-classify the expenditures to the correct expense line have been completed and we have re-issued the FY 2024 financial statements. |
| Form 990, Part IX, Line 24a - 24d | Line 24A voter registration and education decreased by $20. After reviewing our financial statements, we found that the operations contractor incorrectly classified an account used to record these expenditures. An entry to reclassify the expense to the correct expense line has been completed and we have reissued the FY 2024 financial statements. Line 24B student advocacy events decreased by $1,141. After completing a review of the organization's financial statements, we found that our operations inaccurately posted expenses to accounts used to calculate this line. An entry to reclassify the expense to the correct expense line has been completed and we have reissued the FY 2024 financial statements. |
| Form 990, Part X, Line 1 | Line 1 - Total cash increased $8,659. The increase in cash on hand is from overstated expenses totaling $14,553.After a review of the organization's financial statements, we identified several instances in which our operational contractor incorrectly recorded financial transactions. As a result, we performed a full review, made the required adjusting entries, and reissued our FY 2024 financial statements. |
| Form 990, Part X, Line 4 | Line 4 - Accounts Receivable Net increased $5,864 due to refunds due from the vendor for health insurance. Plans were canceled in December 2024, however payment took place through auto-pay, the amount was reversed out of the insurance expense account, and an accounts receivable was booked for the amount due. |
| Form 990, Part X, Line 16 | Line 16 total assets changed as a result of the reclassification of expenses. |
| Software ID: | 24021167 |
| Software Version: | v1.00 |