Penn Manor Soccer Club

“NONE”

“Board members of the organization are required to complete a conflict of interest dislosure statement prior to performing services for the organization and must report potential conflicts of interest to the board of directors immediately upon discovery.”

“1. The are not posted publicly but are available upon request.”

“The form 990 is being amended to reclassify certain receipts originally reported as "membership dues" (part viii, line 1b) to "program service revenue" (part viii, line 2). Upon subsequent review of the underlying transactions, it was determined that these amounts represent payments for services that further the organization's exempt purpose, rather than contributions in the nature of membership dues. This reclassification more accurately conforms with the reporting requirements under the instructions for form 990, part viii, which provide that amounts paid by members or participants in exchange for programmatic benefits or services are to be reported as program service revenue, not as contributions or membership dues. The total revenue reported on the return is unchanged; only the categorization between revenue line items has been revised to ensure compliance with irs reporting standards.”

“Equipment: program service expenses 12,213. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,213. Volunteer relations: program service expenses 7,969. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,969. Contributions: program service expenses 2,320. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,320. League fees: program service expenses 613. Management and general expenses 0. Fundraising expenses 0. Total expenses 613.”