Sherrard Boosters Club

“Client Note 1 - REQUEST FOR PENALTY RELIEF DUE TO REASONABLE CAUSE Please reconsider the late filing penalties on the tax-exempt organization.The treasurer position is a totally volunteer position that is filled by parents of the students that are willing to volunteer their time.It is very difficult in this day and age to even get parents to volunteer. The officers change every year and one of the things that is so confusing for the parents to understand is the fiscal year as opposed to calendar year. The year-end is June 30 and the tax return is due November 15. The year ends in the middle of summer and then when the school year starts again, no one is thinking about doing taxes until their own personal returns are due. We are sorry that this happened. This club is run and operated for the total benefit of the students at all the Sherrard Public Schools. Some students would not be able to participate in the various sports and academic programs if the costs of uniforms and other expenses were placed directly on the student's families.Please do not penalize the students for the innocent actions of unknowing parents. Please let us know as soon as possible if you will remove these penalties.Kelli MaereCurrent Treasurer”

“Class of Activity: Athletics and Building | Donee's Name: Sherrard Schools Sherrard, IL 61281 | Cash Amount Given: $26840”

“Advertising and Promotion $1266”

“Office Expenses $1910”

“Depreciation $7254”

“Supplies $1595”

“Furniture and Fixtures - Beginning $11039 Furniture and Fixtures - Ending $7197”

“Machinery and Equipment - Beginning $7708 Machinery and Equipment - Ending $7976”

“Miscellaneous - Beginning $0 Miscellaneous - Ending $1003”

“Accounts Payable and Accrued Expenses - Beginning $8041 Accounts Payable and Accrued Expenses - Ending $8110”