| Return Reference | Explanation |
|---|---|
| FORM 990-EZ, PART I, LINE 8 | SALE OF INVENTORY 2,220 SALE OF BRASS CASINGS 858 SALE OF GATE CARDS 700 REBATE 7 TOTAL 3,785 |
| FORM 990-EZ, PART I, LINE 16 | CALENDARS COST OF GOODS SOLD 130 EXPENSES OFFICE SUPPLIES 924 PROPERTY INSURANCE 4,200 LIABILITY INSURANCE 6,479 SUPPLIES FOR RANGE 24,818 MEMBERSHIP DUES 100 REPAIRS 2,327 PORTA POTTY 3,600 TRACTOR RENTAL 610 DUES REFUNDS 40 TSHIRTS 130 NON-INVESTMENT DEPRECIATION 7,229 TOTAL 50,587 |
| FORM 990-EZ, PART I, LINE 20 | ROUNDING AND DEPREC ADJUSTMENT 131 CHECKS WRITTEN IN FY BUT CASHED BY VENDOR AFTER FY 255 BOOK / TAX DEPRECIATION DIFFERENCE -884 |
| FORM 990-EZ, PART II | THE GRAFTON COUNTY FISH & GAME HAS BEEN IN OPERATION SINCE AT LEAST 1973 WHEN IT WAS DETERMINED TO BE A SECTION 501(C)(7) ORGANIZATION. IT IS BELIEVED THAT IT WAS IN OPERATION LONG BEFORE THIS TIME. DEEDS INDICATE THAT IT MAY HAVE BEEN IN OPERATION AS A CLUB BEFORE 1969. IT ALSO APPEARS THAT THE MAJORITY OF THE LAND WAS DONATED TO THE ORGANIZATION. THEREFORE, THERE IS NO VALUE BEING CARRIED ON THE BOOKS. FURTHER, THE BUILDINGS WERE BUILT AFTER THE LAND BECAME THE POSSESSION OF THE ORGANIZATION. NO RECORDS EXIST FOR BASIS OF THE BUILDINGS NOW IN EXISTENCE ON THE PROPERTY. IN ANY EVENT, THE BASIS WOULD BE ZERO AT THIS POINT, HAVING BEEN DEPRECIATED OR DEPRECIABLE OVER THE YEARS. A NEW BUILDING BECAME OPERATIONAL AND PLACED IN SERVICE THE TAX YEAR ENDING APRIL 30, 2018. |
| FORM 990-EZ, PART II, LINE 24 | 240,741 240,741 LESS ACCUMULATED DEPRECIATION 189,103 196,332 TOTAL 51,638 44,409 |
| FORM 990-EZ, PART III | THE MISSION IS TO PROTECT AND PROMULGATE FISH AND GAME ACTIVITIES AND TO PROVIDE RECREATION THROUGH THE SPORTS OF SHOOTING AND ARCHERY. |
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