Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Form 990 governing body review Part VI line 11 | No review was or will be conducted |
| Governing documents etc available to public Part VI line 19 | Documents will be available to the general public |
| Explanation of other changes in net assets or fund balances Part XI line 9 | Part IX, Line 9 Other Changes in Net Assets or Fund BalanceThe ending fund or cash balance was $18,778 and beginning was $15,822 reflecting a net cash increase of $2,956 for the year. In order to accurately report fund balance, a deduction $38,985 is needed. (Part I, Line 19 Rev Less Exp was $41,941 made up of $38,985 and $2,956).The reason for the entry is that Revenues, Expenses, Balances on Form 990 are reporting numbers from form 990-T.These are not Cash-In, Cash Out to reflect the actual cash balances on Part X, Balance Sheet. The Form 990 excess Revenue over Expenses balance is also not utilized as it is utilized by the bingo contractor for its operational costs. This organization only receives $1,000 per month from the Bingo contractor. |
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