| Return Reference | Explanation |
|---|---|
| Part I, line 8 | | Other Revenues:, Amount:| Building Rental Revenue: The organization owns and maintains a community building in Stem NC. This facility is made available for rent to local community members civic groups and families for private events meetings and gatherings. These funds are used directly to offset the occupancy and maintenance costs of the facility ensuring it remains a viable resource for the town., $4613| Catering Revenue: The club provides occasional catering services for community events and private rentals held at our facility. This revenue represents the fees charged for food preparation and service. These activities are conducted primarily by club volunteers to raise funds for the organizations general operating fund and community service projects., $7185| Miscellaneous Fees: This represents small administrative fees such as building security deposits retained for cleaning or minor administrative reimbursements associated with club operations., $230| |
| Part I, line 10 - Cash | | Description:, Amount:, Grantee Type:, Grantee Name:, Grantee Address:, Activity Type:, Class of Activity Description:, RelationShipDescription:|Provided three 1,000 academic scholarships to local high school seniors, $3000, -, -, -, -, -, - | |
| Part I, line 16 | | Other Expenses:, Amount:| Financial & Transaction Fees - Bank Charges 155.58 and Square Processing Fees 364.71, $520| Administrative & Office - Advertising 39.81 Office Supplies Software 21.64 Website 153.26 and Small Tools 500.00, $715| Member & Volunteer Support - Member Apparel 918.84 Member Broadcast Services 107.89 and Volunteer Support 136.75, $1163| Dues & Projects - National Dues & Fees 1,688.20 and Community Service Projects 308.21, $1996| |
| Part I, line 20 | | Explanation:, Amount:| Line 20 Other Changes in Net Assets reflects a prior-period adjustment to record the organizations land and buildings at their current tax-appraised value. These assets totaling 364,317 were previously omitted from the organizations Statement of Assets. This adjustment also accounts for the recognition of a 700 liability for building rental security deposits held at year-end. These changes are made to accurately reflect the clubs financial position as of December 31 2025 and do not represent current-year cash income., $347743| |
| Part II, line 24 | | Explanation:, BOYAmount:, EOYAmount:| Line 24 Other Assets represents the fair market value of the organizations land and buildings as determined by the local tax authoritys 2025 assessment. These assets were previously omitted from the organizations financial statements and are being recognized in the current tax year to accurately reflect the clubs financial position. The total consists of Parcel #1 Building and Land and Parcel #2 Land, $0, $364317| |
| Part II, line 26 | | Explanation:, BOYAmount:, EOYAmount:| Line 26 Total Liabilities represents security deposits totaling 700.00 held by the organization for the rental of the community building. These funds are held as a liability until the conclusion of the rental agreements at which point they are either returned to the renters or recognized as revenue if retained for damages or cleaning fees., $0, $700| |
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