FINANCIAL ISSUES:


( See* Humantics Foundation 990 Forms )
These are the only Form 990’s available 

990 FORM INCONSISTENCIES:

1997 (Gross $6,260)

1.  Line 12 Salaries, other compensation and employee benefits $720 (11.5%)
     a) Schedule A lists no compensated employees.
     b) Schedule A lists no compensated independent contractors.
     c) Who received the $720?
     d) Were taxes paid on these salaries?  W2 issued?  Form 990 issued?

2.  Line 14 Occupancy, rent, utilities, and maintenance $5,043
     a)  The organization was a computer in the Directors
           tiny one bedroom apartment.
     b)  The ratio of rent to total income is 80%
     c)  Is this excessive?
     d)  Was the rental amount paid to the Director reported
          on her 1040 as rental income?

1998 (Gross $10,336)

1.  Line 12 Salaries, other compensation and employee benefits $628 (6%)
     a) No Schedule A
     b) No accounting for who received the monies
     c)  Were taxes paid on these salaries?  W2 issued?  Form 990 issued?

2.  Line 14 Occupancy, rent, utilities, and maintenance $6, 924
     a)  The organization was a computer in the Directors
           tiny one bedroom apartment.
     b)  The ratio of rent to total income is 67%
     c)  Is this excessive?
     d)  Was the rental amount paid to the Director reported
          on her 1040 as rental income?
3.  Line 19 & 27 figures
     a)  Prior year figure not carried forward to present year Line 19.
     b)  Line 27 calculations are incorrect

1999 (Gross $21,000)
1.  Line 11 Benefits paid to or for members  $7,000
     a)  Where in the by-laws is membership even outlined?
     b)  What was the benefit?
     c)  To whom was it paid?
2.  Line 12 Salaries, other compensation and employee benefits $1, 218 (5.8%)
     a) No Schedule A
     b) No accounting for who received the monies
     c)  Were taxes paid on these salaries?  W2 issued?  Form 990 issued?
3.  Line 14 Occupancy, rent, utilities, and maintenance $9,175
     a)  The organization was a computer in the Directors
           tiny one bedroom apartment.
     b)  The ratio of rent to total income is 44%
     c)  Is this excessive?
     d)  Was the rental amount paid to the Director reported
          on her 1040 as rental income?
3.  Line 19 & 27 figures
     a)  Prior year figure not carried forward to present year Line 19.
     b)  Line 27 calculations are incorrect

2000 (Gross $20,908)
1.  Line 11 Benefits paid to or for members  $7,195
     a)  Where in the by-laws is membership even outlined?
     b)  What was the benefit?
     c)  To whom was it paid?
2.  Line 12 Salaries, other compensation and employee benefits $2,924 (13% to Director)
     a) No Schedule A
     b) No accounting for who received the monies
     c)  Were taxes paid on these salaries?  W2 issued?  Form 990 issued?
3.  Line 14 Occupancy, rent, utilities, and maintenance $9,307
     a)  The organization was a computer in the Directors
           tiny one bedroom apartment.
     b)  The ratio of rent to total income is 44.6%
     c)  Is this excessive?
     d)  Was the rental amount paid to the Director reported
          on her 1040 as rental income?
3.  Line 19 & 27 figures
     a)  Prior year figure carried forward is not correct Line 19.
     b)  Line 27 calculations are incorrect

2001 (Gross $29,882)
  **NO Form 990 filed with the IRS for this Year.
1.  Line 11 Benefits paid to or for members $6,985
     a)  Where in the by-laws is membership even outlined?
     b)  What was the benefit?
     c)  To whom was it paid?
2.  Line 12 Salaries, other compensation and employee benefits $6,588 (22%  to Director)
     a) No Schedule A
     b) No accounting for who received the monies
     c)  Were taxes paid on these salaries?  W2 issued?  Form 990 issued?
3.  Line 14 Occupancy, rent, utilities, and maintenance $13,771
     a)  The organization was a computer in the Directors
           tiny one bedroom apartment.
     b)  The ratio of rent to total income is 46.1%
     c)  Is this excessive?
     d)  Was the rental amount paid to the Director reported
          on her 1040 as rental income?