Attach to Form 990 or 990-EZ.
Information about Schedule O (Form 990 or 990-EZ) and its instructions is at| Return Reference | Explanation |
|---|---|
| Client Note 1 | Client Note 1 - Statement 5Form 990,Part I, Line 1dContributions, Gifts and GrantsNOT OPEN TO PUBLIC INSPECTIONNo single contributor gave $5,000 or more during the year |
| Client Note 2 | Client Note 2 - NORTHERN VIRGINIA SWIMMING LEAGUE hereby adopts for book and Federal income tax purposes the following policy regarding capitalization expenses for the year beginning January 1, 2015. In accordance with Internal Revenue Code Sections 167 and 168 and related Regulations 1.263(A)-1(F), NORTHERN VIRGINIA SWIMMING LEAGUE has determined that amounts whose individual cost(including tax, installation and delivery costs) does not exceed $2,500 will be deducted as incurred as an operating expense. Amounts exceeding this dollar limit will be examined individually to determine if their use or purpose requires capitalization under the betterment, adaptation or restoration rules used by the Internal Revenue Service and will be capitalized or expensed as incurred as a result of the application of those rules. This election coincides with Rev. Proc. 2015-20. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | No review was or will be conducted. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | No documents available to the public. |
| Other Changes In Net Assets Or Fund Balances - Other Decreases | ROUNDING = -$1 |
| Software ID: | 15000324 |
| Software Version: | 2015v2.0 |