Submitted by Sufficient-Item-2750 t3_11bwbsu in ColumbiaMD
Sufficient-Item-2750 OP t1_ja0s2uw wrote
Reply to comment by [deleted] in CA funding of Inner Arbor Trust by Sufficient-Item-2750
If you want to look at financials, these are not up to the minute, however many 990s are here (they are a publicly available document for any nonprofit, IAT posts to their website, but you can get for any NP via guidestar or similar). https://innerarbortrust.org/financials
Page 11 and page 29-30 for the most recent 990 posted for 2021 will give you a view of that year by expense type.
From listening to the CA board meeting it seems like at least part of the issue is the most recent fiscal year (different from calendar year) 2022 audit has not yet been produced, yet at the same time IAT is being considered for more funding. I believe the 2022 fiscal year would have ended April 2022 (based on the FY listed on the 990s), and from listening to the discussion at that meeting, it sounds like the audit for that year has not been provided to CA. There were a number of comments at the meeting indicating these funds were needed for paying for the audit, amongst other items. It is not clear to me from listening to the CA discussion if the IAT audit provider for the year that is needed has been hired or engaged yet.
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