Clayton Diving Alliance

“misc expenses-office supplies 269.86, coaches uniforms 60.00, coaches travel 2912.32, coaches meetings 124.59, end of season party 174.97, employee certification 288.00, tax filing fees 91.10, bank fees 647.00 total 4567.84”

“We subtracted this number in this specific column on the balance sheet, as we have done similarly in prior years, because we believe this is the proper place to show that there is some difference between revenue that was collected, and money paid out, and money in the account, that is not reflected elsewhere. During the 2017 calendar year, we collected a certain amount of money from parents of divers for their diving classes and competitions. We paid out money to those who coached the lessons and competitions and for pool rent, and for other expenses. All of those totals are reflected in this 990 return. These totals do not completely balance out when we completed the balance sheet. The difference at the end of the 2017 year was 6,710.00, and that total is represented on this line. We are not accountants but we assume/believe this is the correct place to indicate this figure in the balance sheet.”