Form 990 (2011) Part XI MEDICAL TOURISM ASSOCIATION, INC Reconciliation of Net Assets Check if Schedule O contains a response to any question in this Part XI 26-0753785 Page 12 1 2 3 4 5 6 Total revenue (must equal Part VIII, column (A), line 12) Total expenses (must equal Part IX, column (A), line 25) Revenue less expenses. Subtract line 2 from line 1 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) Other changes in net assets or fund balances (explain in Schedule O) Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) Check if Schedule O contains a response to any question in this Part XII 1 2 3 4 5 6 194,389. 299,131. -104,742. 35,687. -69,055. Part XII Financial Statements and Reporting Yes 1 Accounting method used to prepare the Form 990: No X Cash Accrual Other If the organization changed its method of accounting from a prior year or checked ’Other,’ explain in Schedule O. 2 a Were the organization’s financial statements compiled or reviewed by an independent accountant? b Were the organization’s financial statements audited by an independent accountant? c If ’Yes’ to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant? If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O. d If ’Yes’ to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both: Separate basis Consolidated basis Both consolidated and separate basis 3 a As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? b If ’Yes,’ did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits BAA 2a 2b 2c X X 3a X 3b Form 990 (2011) TEEA0112 07/06/11