Freeport Youth Football

“Concession stand office 3,452 license fees 30 travel 208 insurance 705 non-investment depreciation 5,879 expenses insurance 1,262 banquet 4,855 cheer comp, music, etc 4,558 cheer uniforms 14,296 coaches 945 computer & internet 660 equipment, footballs, etc 10,423 jerseys 5,690 league fees 2,289 mowing 220 referees for home games 3,220 repairs 477 supplies 2,335 supplies 6,714 travel and conferences 4,711 utilities 4,840 team parties 115 non-investment depreciation 1,929 total 79,813”

“Book / tax depreciation difference 5,294”

“23,588 28,898 less accumulated depreciation 5,649 8,163 total 17,939 20,735”

“Capital one 0 0 queen of hearts 0 9,340”

“This corporation is formed purely for educational and charitable purposes, without regard to race, color, or creed (a) to instruct and train youth for the purpose of improving and developing each participant's capabilities in football(b) to provide youth with supervised, fundamental educational experiences in football through the cooperation and leadership exemplified by parents, officers, and coaches on a volunteer basis (c) to promote good sportsmanship, honesty, loyalty, and respect in every participant in order for them to grow into responsible and productive adults (d) to preserve, foster, and promote youth football in the community for the physical and moral welfare of the young people and their families who reside in the community (e) to sponsor supervised competitive football games, educational football games, educational clinics, and its related activities for the enjoyment of all persons in the community.”

“Expenses used to prepare and faciliate a fundraising event.”