Diamonds Soccer Academy

“The organization answered yes to line 2 because a business relationship exists between the organization and certain members of its governing body. Specifically, the president and vice president are the only voting members of the board of directors and also provide coaching services to the organization as independent contractors. They receive form 1099-nec compensation solely for their services as coaches, not for their roles as board members. These arrangements are separately documented, are based on the fair market value of services rendered, and are not related to their governance responsibilities. Board members do not receive compensation for board service, and all payments are for program-related coaching activities. The organization discloses this relationship in the interest of transparency and to comply with irs governance and disclosure requirements.”

“The organization does not have members, stockholders, or other persons with the authority to approve or override governance decisions. All governance decisions, including strategic, financial, and operational matters, are made exclusively by the governing body (board of directors). No governance authority is reserved to any individual or group outside of the board.”

“The organization regularly and consistently monitors and enforces compliance with its written conflict of interest policy. Officers and directors are required to disclose any actual or potential conflicts of interest annually and whenever a new potential conflict arises. Any disclosed conflicts are reviewed by the governing body, and individuals with a conflict recuse themselves from discussions and voting on related matters. These disclosures and actions are documented in the organizations records.”

“Governing documents and form 990 are available upon written request.”

“Governance, strategic oversight, and board meetings”

“Governance, strategic oversight, and board meetings”

“The organization reports a significant amount on part ix, line 11g, due to payments made to independent contractors who provide direct program services, including soccer coaching, athletic training, refereeing, and related instructional services. These individuals are not employees of the organization and are compensated under independent contractor agreements. All required forms w-9 were obtained, and forms 1099-nec were issued as applicable. The use of independent contractors allows the organization to efficiently deliver its exempt purpose programs to youth participants while maintaining operational flexibility. All amounts reported on line 11g are directly related to the organizations program service activities and do not represent compensation for governance or management roles.”

“The amount reported on part ix, line 24e consists of miscellaneous program-related expenses that do not fall under other specific expense categories. These include food, hydration supplies, snacks, and nutritional support provided to youth participants during training sessions, games, and tournaments, as well as minor sports supplies and materials necessary for program operations. These expenses are directly related to the organizations exempt purpose of supporting youth development through athletics.”