Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| Description of other expenses Part I line 16 | DESCRIPTION AMOUNTINTEREST EXPENSE 3,110REFRESHMENTS 32AMMO FUND 210AFFILIATIONS 200SUPPLIES 3,616FILING FEES 19OFFICE EXPENSES 80JUNIOR RIFLE EXPENSES 157 |
| Other changes in net assets or fund balances Part I line 20 | DESCRIPTION AMOUNTADJUSTMENT OF BOOK VALUE OF LAND (111,315)THE $112,800 AMOUNT REPORTED ON LINE 24 OF FORM 1024 (OTHER ASSETS) WAS THE AUGUST 31, 2021 ASSESSED VALUE OF THE LAND AND BUILDING OWNED BY THE HOPEDALE PISTOL AND RIFLE CLUB, NOT THE BOOK VALUE. THE LAND AND THE BUILDING WERE PURCHASED ON MARCH 16, 1960 FOR $3000.00 (THREE THOUSAND DOLLARS) AND THE ALLOCATION OF THE PURCHASE PRICE WAS $1,515 FOR THE BUILDING AND $1,485 FOR THE LAND. THE BUILDING WAS FULLY DEPRECIATED AS OF FISCAL YEAR 1990 AND THEREFORE HAS NO BOOK VALUE. THE ADJUSTED BOOK AMOUNT REPORTED FOR FISCAL YEAR 2022 ($1,485) IS THE BOOK VALUE OF THE LAND ONLY.NET ADJUSTMENT = $112,800 LESS $1,485 = $111,315. |
| Description of total liabilities Part II line 26 | CATEGORY BEGINNING OF YEAR END OF YEARCHARLES RIVER BANK 68,307 46,788 |
| Software ID: | |
| Software Version: |