Amended return information |
THIS AMENDED 990 IS FILED FOR THE PURPOSE OF RECONCILING THE 990 TO THE ANNUAL AUDITED FINANCIAL STATEMENTS WHICH WERE COMPLETED SUBSEQUENT TO THE PREVIOUS FILING OF THE ORIGINAL 990.THE AMENDMENT ENCOMPASSED TWO ELEMENTS:1) $3,680 WAS FOR A PRIOR PERIOD ADJUSTMENT TO ACTUAL ACCUMULATED DEPRECIATION DUE TO A CALCULATION ERROR. AS A RESULT, ACCUMULATED DEPRECIATION WAS DECREASED AND EQUITY WAS INCREASED BY $3,680.2) $54,381 WAS FOR A PRIOR PERIOD CORRECTION TO THE OUTSTANDING LONG-TERM MORTGAGE WHICH WAS ORIGINALLY RECORDED ON THE BOOKS OF ACCOUNTS INCORRECTLY. THIS CORRECTION WAS MADE TO AGREE THE BOOKS TO THE MORTGAGE AS RECORDED BY THE COUNTY PROBATE COURT, MONTGOMERY COUNTY, AL, JANUARY, 2013.ADJUSTMENTS RESULTED IN THE MODIFICATIONS OF REPORTED AMOUNTS AS PER ATTACHMENT A. |
Form 990 governing body review Part VI line 11 |
BOARD MEMBERS ARE PROVIDED A COPY OF THE COMPLETED 990 AT THE TIME OF FILING. |
Conflict of interest policy compliance Part VI line 12c |
OFFICIAL GOVERNING DOCUMENTS INCLUDING ARTICLES OF INCORPORATION, GOVERNING POLICIES, ETC. ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
CEO executive director top management comp Part VI line 15a |
TOP STAFF MEMBERS ARE EVALUATED BY BOARD ACTION WITH COMPENSATION SET BY THE BOARD. |
Other officer or key employee compensation Part VI line 15b |
TOP STAFF MEMBERS ARE EVALUATED BY BOARD ACTION WITH COMPENSATION SET BY THE BOARD. |
Governing documents etc available to public Part VI line 19 |
OFFICIAL DOCUMENTS OF THE ORGANIZATION ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
Audited by an independent accountant Part XII line 2b |
AT THE TIME OF FILING OF THIS 990, THE ANNUAL AUDIT HAD NOT BEEN FINALIZED. ALTHOUGH NOT ANTICIPATED, SHOULD THERE BE ANY CHANGES IN REPORTED AMOUNTS WITH THE FINALIZED AUDIT, AN AMENDED 990 WILL BE FILED. UPON COMPLETION, THE ANNUAL AUDIT WILL BE MADE AVAILABLE TO THE PUBLIC. |
Explanation of other changes in net assets or fund balances Part XI line 9 |
AN ADJUSTMENT WAS MADE FOR THE PREVIOUS YEAR ADDENDUM LOAN AMOUNT, OF $220,464, WHICH WAS ADDED TO THE EXISTING OUTSTANDING NOTE PAYABLE WITH STERLING BANK AND WITH THE SAME TERMS AS THE ORIGINAL NOTE PAYABLE. |
General explanation attachment |
DONOR ADVISED FUNDS: FOUNDATION FOR MORAL LAW, INC DOES NOT RECEIVE OR MAINTAIN DONOR ADVISED FUNDS AND, AS SUCH, FUNDS CONTRIBUTED TO THE FOUNDATION ARE NOT MANAGED, CONTROLLED, OR SUBJECT TO ADVISORY DIRECTIONS FROM CONTRIBUTORS, EITHER DIRECTLY OR INDIRECTLY. MISCELLANEOUS REVENUE: AUTO TAG FEES ARE RECEIVED FROM THE STATE OF ALABAMA AS FEES COLLECTED FROM THE DISTRIBUTION OF SPECIALIZED AUTO TAGS PROMOTING THE FOUNDATION. THE STATE OF ALABAMA IS RESPONSIBLE FOR THE DISTRIBUTION OF THE TAGS, COLLECTION OF THE FEES FROM WHICH THE COST OF SUCH IS DEDUCTED AND THE STATE REMITS THE BALANCE TO THE FOUNDATION. COMPENSATION OF OFFICERS: THE ONLY COMPENSATED OFFICER OF THE FOUNDATION FOR MORAL LAW, INC IS THE PRESIDENT WHO ALSO SERVES AS THE CEO AND PRIMARY FUND RAISER OF THE ORGANIZATION. THE VALUED BOARD MEMBERS ARE NOT COMPENSATED HAVING GRACIOUSLY CONSENTED TO FREELY PROVIDING THEIR SERVICE AND EXPERTISE AS BOARD MEMBERS. |